Internet Media Services Announces Results of Six-Month SimplyProspects.com Beta Program

SANTA MONICA, Calif., Jan. 24, 2012 (GLOBE NEWSWIRE) — Internet Media Services, Inc. (OTCBB:ITMV) (“IMS”), a diversified digital media company with operations in digital media, e-commerce, and customer acquisition solutions, announced today the results from its six-month beta trial of SimplyProspects.com. SimplyProspects.com is an online marketplace that matches highly profiled, phone verified, certified prospects with businesses looking to increase revenue through a cost-effective method to acquire new customers.

Released in July 2011 to the legal channel, SimplyProspects.com is a marketing and advertising solution that allows attorneys to register, review, and acquire highly screened, geo-targeted prospects, on a safe, secure and exclusive basis. IMS had previously announced that additional online vertical marketplaces utilizing the proprietary software engine will be released in the future, including those for elective medical procedures and construction services. 

Results from the six-month SimplyProspects.com beta program include:

  • Successful hosting of the marketplace platform in the “cloud,” allowing for application scalability.
  • Release of the online marketplace into five (5) major metro markets targeting family law attorneys.
  • Development and release of a suite of five (5) revenue products, anchored by the Direct Connect “hot transfer” and Client Match email marketing offerings. 
  • Registration of over 1,100 attorneys during the beta period.
  • Validation of market acceptance of elevated product price points based on the quality of the information generated through the proprietary SimplyProspects.com process.
  • Release of LawyerNow.com, a content and lead generation website containing professional profiles of over 150,000 attorneys.
  • Development of a 2012 national rollout plan encompassing the top 80 metro markets.

As a result of the SimplyProspects.com beta program, a list of platform and service enhancements was compiled and scheduled for development during the second quarter of 2012. The enhancements will be included in the national release of the SimplyProspects.com service in mid-2012.

About Internet Media Services, Inc.

Internet Media Services, Inc. (OTCBB:ITMV) (“IMS”) is a diversified digital media company based in Santa Monica, California. IMS was created to develop, own, and operate a portfolio of integrated digital media Internet properties, offering complementary business models and components, a higher level of customer appeal, and significantly higher margins than other Internet-based service companies in similar sectors.

More information about Internet Media Services, Inc., and its products and services can be found at www.internetmediaservices.com, www.legalstore.com, www.simplyprospects.com .

Safe Harbor Statement

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. While we believe these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in IMS’s SEC filings. Thus, actual results could be materially different. IMS expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

CONTACT: Raymond Meyers, President          Internet Media Services, Inc.          800-467-1496          ir@internetmediaservices.com

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