SellingSource.com SellingSource Press Releases http://sellingsource.com/category/articles/ <![CDATA[Selling Source, LLC Named Tech Company of Year ]]>

Las Vegas Selling Source, LLC, http://www.sellingsource.com/, was honored today as "Tech Company of the Year" by the Technology Business Alliance of Nevada at the fourth annual TechNevada Hall of Fame Honors luncheon held at the Golden Nugget Hotel and Resort.

This latest honor follows on the heels of Selling Source being named number 68 in August on the 2008 Inc. 500 list of fastest growing private U.S. companies. Up from number 109 last year, Selling Source Selling Source is one of a few firms ranked in consecutive years because growth rates required to make the list are often unsustainable even for the most-successful companies. With a four-year revenue growth rate of 2,494 percent, Selling Sourced ranked 7th in the financial services category and 11th for companies with annual revenues of more than $100 million.

"Technology company of the year is indeed a great honor," Selling Source Chief Executive Officer Derek LaFavor said. "We are deeply grateful and thank TBAN for recognizing the phenomenal success we've enjoyed as we have become the largest technology company in southern Nevada."

LaFavor credited in part his company's rise to prominence to the fact it alone offers online specialty lenders a single-source platform throughout the loan life-cycle to acquire, fund, underwrite and retain customers while increasing their overall lifetime value.

Other TechNevada Hall of Fame honorees for Southern Nevada are Cirque du Soleil CEO and founder Guy Lalibert?, and Rick Gray of Wynn Design and Development. The recipients are responsible for the vision and implementation of some of the most advanced and leading-edge live theater technology integration in the world.

Dr. Donald Bently of Bently Agrowdynamics, Minden, Nev., is the Northern Nevada honoree. Laura Fucci, with Clark County, Nev., was elected Tech CIO of the Year. Tech Startup Company of the Year honors go K2 Energy Solutions, and T. John Snyder of Advanced Technologies Academy is Tech Educator of the Year. Allegiant Airlines was named Tech Company Transplant of the Year and Frank Yoder of Advanced Information Systems is Tech Entrepreneur of the Year. Vegas PBS was named Tech Star.

About Technology Business Alliance of Nevada

The Technology Business Alliance of Nevada is Nevada's largest high-tech trade association dedicated to assisting high-tech start-ups in finding the talent, customers, and financing needed to be successful. TBAN's main function is to act as a facilitator and networking vehicle, bringing together emerging technology businesses with the resources they need to succeed.

About Selling Source, LLC

Selling Source, LLC, named number 68 on the 2008 Inc. 500 list, up from number 109 in 2007, offers specialty finance lenders an end-to-end solution to acquire, fund, underwrite and retain customers while increasing their overall lifetime value. Selling Source alone provides online lenders a single-source platform throughout the micro-loan life-cycle with turn-key consumer acquisition-and-communication services as well as lender, data, payment-processing and infrastructure solutions, including co-location and disaster-recovery hot sites. London Bay Capital, a private equity firm based in San Francisco, acquired a controlling interest in Selling Source in December 2007. For more information, please visit http://www.sellingsource.com/.

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Contact: Ron Kalb

ron.kalb@sellingsource.com

Selling Source, LLC

Phone: 702-851-9528

Mobile: 702-498-8916


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http://sellingsource.com/press_news-releases.php?id=9 Wed, 15 Oct 2008 00:00:00 -0700
<![CDATA[MarquisNet Promotes Brent Rambo to Chief Technology Officer ]]>

Las Vegas MarquisNet, LLC, (http://www.marquisnet.com), a Selling Source, LLC company (http://www.sellingsource.com/ ) and leading provider of next-generation co-location and disaster recovery facilities, has promoted Brent Rambo to chief technology officer with responsibility for creating and managing industry specific data-center and co-location technology.

Rambo has more than 15 years of networking and technology experience with 12 of those in the Internet and data center industry. Rambo joined MarquisNet in 2005 and as director of engineering has taken the lead in engineering and maintaining the entire MarquisNet network and overall infrastructure.

Prior to joining MarquisNet, Rambo was a leading backbone/network engineer for some of the world's largest ISPs. He has also held high-level management positions in which he helped define the path of cutting-edge Internet service offerings.

Rambo holds several industry-recognized certifications in telecommunications, networking and security. Rambo also has a deep electrical engineering background with notable accomplishments in the development of power conversion electronics for the renewable energy industry. He is involved in several standards related to improving the efficiency of technology and decreasing the environmental impact of that technology.

MarquisNet provides a complete disaster recovery solution including everything needed to relocate staff following a disaster – from assessing business critical needs to providing fully equipped alternative workspace, equipment, voice and data connectivity, technical support and a comprehensive, ready-to-go call center.

About MarquisNet™

Since 1999, MarquisNet has served leading companies as a disaster recovery hot site. The company has three locations that offer co-location and disaster avoidance-recovery services – Las Vegas, Riverside, Calif. and Albuquerque, N.M. MarquisNet's state-of-the-art 2N+1 carrier grade facilities feature around-the-clock secure access and clean, uninterruptible power. The company provides co-location, hosting, bandwidth, remote data recovery call center and a host of disaster avoidance and recovery services. For more information, please visit http://www.marquisnet.com.

About Selling Source, LLC

Selling Source, LLC, named number 68 on the 2008 Inc. 500 list, up from number 109 in 2007, offers specialty finance lenders an end-to-end solution to acquire, fund, underwrite and retain customers while increasing their overall lifetime value. Selling Source alone provides online lenders a single-source platform throughout the micro-loan life-cycle with turn-key consumer acquisition-and-communication services as well as lender, data, payment-processing and infrastructure solutions, including co-location and disaster recovery hot sites. London Bay Capital, a private equity firm based in San Francisco, acquired a controlling interest in Selling Source in December 2007. For more information, please visit http://www.sellingsource.com/.

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http://sellingsource.com/press_news-releases.php?id=8 Thu, 02 Oct 2008 08:45:00 -0700
<![CDATA[Selling Source, LLC Promotes John Ynigues to VP]]>

LAS VEGAS — Selling Source, LLC Chief Executive Officer Derek LaFavor announced today that John Ynigues has been promoted to vice president of software development. With more than 15 years of experience in software development, project management and technology, Ynigues has been influential in the creation of core applications and platforms for the company. Formerly director of software development, he now oversees all software innovation efforts, deployment and ongoing maintenance of applications.

"New and sustainable software applications are the engine that powers our company, and John provides a lot of the horsepower," LaFavor said. "This promotion bears witness the tremendous contribution and continuing impact he has on this critical element of our business."

In the highly competitive world of online specialty finance, only Selling Source provides lenders a single-source application service platform throughout the micro-loan life-cycle. LaFavor said staying ahead of customer needs requires visionary software development.

Selling Source offers an integrated suite of services forming a complete financial and marketing infrastructure — from back-end to online storefront — from which online lenders can run their businesses smoothly, efficiently and profitably.

This pioneering approach stems from the company's groundbreaking principles defining the six phases of the micro-loan life cycle: consumer acquisition; lead sourcing and verification; loan management; modeling and data analytics; consumer retention management and second-touch marketing.

By virtue of its nearly 1,500 percent in revenue growth during the past four years, Selling Source was named for a second year a row to the Inc. 500 list of fastest-growing companies, leapfrogging from number 109 in 2007 to number 68 this year.

Prior to joining Selling Source in 2005, Ynigues held various development and management positions with companies in gaming, telecommunications and e-commerce. Starting as a software developer for Mikohn Gaming, Ynigues quickly turned his attention to leading development teams to help create real-time player tracker/progressive systems for Mikohn.

From there Ynigues advanced to software development director and manager positions with Mpower Communications, Lowestfare.com and most recently Las Vegas Dissemination Co., the leader in pari-mutuel wagering and race track simulcasting.

Ynigues has a bachelor's degree in computer science from University of Nevada, Las Vegas.

About Selling Source, LLC
Selling Source, LLC, named number 68 on the 2008 Inc. 500 list, up from number 109 in 2007, offers specialty finance lenders an end-to-end solution to acquire, fund, underwrite and retain customers while increasing their overall lifetime value. Selling Source alone provides online lenders a single-source platform throughout the micro-loan life-cycle with turn-key consumer acquisition-and-communication services as well as lender, data, payment-processing and infrastructure solutions, including co-location and disaster-recovery hot sites. London Bay Capital, a private equity firm based in San Francisco, acquired a controlling interest in Selling Source in January 2008. For more information, please visit http://www.sellingsource.com/.


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http://sellingsource.com/press_news-releases.php?id=7 Tue, 23 Sep 2008 07:54:00 -0700
<![CDATA[AbsoluteROI Names Ryan McGavran General Manager ]]> NEWS RELEASE: For Immediate Release


LAS VEGAS — August 27, 2008 — Las Vegas-based AbsoluteROI™, a Selling Source, LLC company and an industry-leading provider of marketing database and list management solutions, today announced Ryan McGavran has been promoted to general manager.

Formerly director of sales, McGavran now heads AbsoluteROI's management, product marketing and business development. He also manages data mining, market analysis, strategic-alliance building and sales operations.

AbsoluteROI's flagship product is Datacard™, a powerful list-management solution with accurate and up-to-the-minute information for businesses that want to reach consumers quickly and cost-effectively.

Constantly updated via live feeds from numerous e-commerce Web sites, Datacard ensures that online and brick-and-mortar businesses get greater accuracy, larger counts and a higher response rates from their direct marketing campaigns.

With information ranging from e-mail addresses to mobile phone numbers, AbsoluteROI is able to quickly provide comprehensive, detailed lists. The company currently has more than 165 million unique email addresses; 65 million cell phone numbers; 35 million home phone numbers; and 75 million home addresses of general interest and non-prime consumers.

AbsoluteROI streamlines the collection and categorization of permission-based consumer information for client use.

In addition to its extensive demographic selection criteria, AbsoluteROI's Datacard comprises 22 unique interest categories including travel, sweepstakes entrants, higher education, shopping portals, auto loan applicants, cell phone subscribers and cash advance applicants.

In announcing the promotion, Selling Source Chief Executive Officer Derek LaFavor said that in his previous role as sales director McGavran had demonstrated the skills required for the general manager position. "His contagious enthusiasm, analytical ability and leadership complement his keen understanding of client needs and help him steer AbsoluteROI to exceed targets and drive product and process innovation."

Prior to AbsoluteROI, McGavran was business development manager at Intelius, Inc. where he led the data services group focusing on integrated data applications.

He also held other positions at Intelius and Seattle-based start-up LocalMobile Network, where his main responsibilities included expansion of its user-base and revenue generation.

McGavran holds a bachelor's degree in economics from University of Washington.

About AbsoluteROI
AbsoluteROI™, a Selling Source, LLC company, provides integrated list management solutions specializing in data monetization for online and offline clients by improving response and conversions through the use of proprietary systems.

About Selling Source, LLC
Selling Source, LLC, named number 68 on the 2008 Inc. 5000 list, up from number 109 in 2007, offers specialty finance lenders an end-to-end solution to acquire, fund, underwrite and retain customers while increasing their overall lifetime value. Selling Source alone provides online lenders a single-source platform throughout the micro-loan life-cycle with turn-key consumer acquisition-and-communication services as well as lender, data, payment-processing and infrastructure solutions, including co-location and disaster-avoidance-and-recovery hot sites. London Bay Capital, a private equity firm based in San Francisco, acquired a controlling interest in Selling Source in December 2007. For more information, please visit http://www.sellingsource.com/.


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http://sellingsource.com/press_news-releases.php?id=6 Wed, 27 Aug 2008 00:00:00 -0700
<![CDATA[Selling Source, LLC Moves Up 41 Places to Number 68 On Inc. 5000 List of Fastest-Growing U.S. Private Companies ]]> LAS VEGAS — Selling Source, LLC has moved up 41 places to number 68 on the Inc. 5000 list thanks to rapid growth fueled by its unique business model. The only full-service provider of end-to-end online technology for specialty finance lenders, the company was ranked 109 nationally last year in Inc. magazine's list of the 5,000 fastest-growing private companies in the United States.

Las Vegas-based Selling Source leapfrogged to number 68 with a four-year revenue growth rate of 2,494 percent. The company ranked 7th in the financial services category and 11th for companies with annual revenues of more than $100 million.

It is one of only seven Las Vegas-based businesses on this prestigious list. Selling Source is one of a few firms ranked in the 2007 and 2008 Inc. 5000 because growth rates required to make the list are often unsustainable even for the most successful companies. London Bay Capital, a private equity firm based in San Francisco, acquired a controlling interest in Selling Source in December 2007.

According to Selling Source Chief Executive Officer Derek LaFavor, the company has enjoyed phenomenal growth in part because it alone offers online lenders a single-source platform throughout the micro-loan life-cycle. "Only with Selling Source do specialty finance lenders have an end-to-end solution to acquire, fund, underwrite and retain customers while increasing their overall lifetime value," he said.

"Consumers needing micro-loans have been underserved by conventional lending solutions, a situation creating a gap filled by the specialty finance industry," LaFavor said.

Selling Source offers an integrated suite of services forming a complete financial and marketing infrastructure — from back-end to online storefront — from which micro-lenders can run their businesses smoothly, efficiently and profitably.

This pioneering approach stems from the company's groundbreaking principles defining the six phases of the micro-loan life cycle: loan management; consumer acquisition; lead sourcing and verification; modeling and data analytics; consumer retention management and second-touch marketing.

With this micro-loan life cycle as its roadmap, Selling Source provides lenders fully integrated customer communication and retention programs — including e-mail, text and direct mail — as well as loan management software. Along with its subsidiary companies and partners, Selling Source also features services that include:


-- Lead generation and customer acquisition from PartnerWeekly.

-- Credit reporting and data verification from DataX, Ltd.

-- Data centers, co-location, hosting and disaster recovery from MarquisNet.


LaFavor also credits the company's continued growth to its strategic acquisition of companies like LeadRev, Inc. — one of the industry's top lead-generation firms — and other key businesses providing turnkey services for the online finance market.

"By bringing together companies, technologies, innovation and creativity, we have a single, all-inclusive package, making us a dominant force in our sector. This acknowledgement by Inc. magazine for a second year in a row is indeed an honor for which we are excited and grateful. Once again this award is a tribute to our talented and focused team members, our strong leadership and our cutting-edge technology."

With the addition of LeadRev, Inc., Selling Source is expected to generate pro forma combined revenues in 2008 of approximately $175 million and EBITDA in excess of $40 million, representing an EBITDA growth rate of 35 percent over 2007. Selling Source was acquired in December 2007 by an affiliate of London Bay.

"Our second annual Inc. 5000 continues the most ambitious project in business journalism," said Inc. 5000 Project Manager Jim Melloan. "The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth."

The 5,000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.

About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com's audience of business leaders. Visit http://www.inc.com.

About London Bay Capital LLC
London Bay Capital LLC is a private equity firm based in San Francisco. It focuses on management buyouts of middle-market growth businesses in the U.S. and Europe. It invests its partners' capital as well as funds it manages on behalf of one of the world's largest family offices

About Selling Source, LLC
Selling Source, LLC, named number 68 on the 2008 Inc. 5000 list, up from number 109 in 2007, develops technology and marketing solutions for the specialty finance industry. Its affiliated companies offer turnkey lender solutions, data solutions, consumer communication services, prepaid and stored-value marketing solutions, consumer acquisition services, payment processing and infrastructure solutions including co-location and disaster recovery hot sites. For more information, please visit http://www.sellingsource.com/.

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http://sellingsource.com/press_news-releases.php?id=5 Wed, 20 Aug 2008 09:34:00 -0700
<![CDATA[New Selling Source CFO Brings Decades of Diverse Financial Experience at Fast-Growth Companies]]>

Las Vegas — July 22, 2008 — Selling Source, LLC (http://www.sellingsource.com) announced today that Gary Patten has joined the company as chief financial officer. Patten brings more than 20 years of experience in senior financial management. He has previously served as chief financial officer of several high-growth, mid-sized companies.

Patten has worked with private equity-backed companies, like Selling Source, and helped manage them through key developmental stages. His work has included a focus on building first-class systems and staff, as well as leading operational improvements to drive profitability. He has successfully executed M&A transactions and financing, as well as prepared companies for public ownership and private sales.


"Gary's a talented executive who brings a wealth of highly relevant experience to Selling Source, and he will be a key member of the senior team as we build the company," said Derek LaFavor, Selling Source chief executive officer. "He works tremendously hard and is already thriving in the dynamic world of technology-driven marketing."

Patten's experience spans several sectors including technology, manufacturing, distribution and consumer goods. He served as CFO of Good Source Solutions, a food distribution company; Reef, a surf wear manufacturer; Indian Motorcycles; Powermate, a division of The Coleman Co.; Zilog, a semiconductor maker; and Rockshox, a sporting goods firm. A long-time resident of California, Patten earned a bachelor's degree at University of California, Berkeley and a master's in business administration at University of Michigan.

About Selling Source, LLC

Selling Source, LLC, named number 109 on the 2007 Inc. 500 list, develops technology and marketing solutions for the specialty finance industry. Its affiliated companies offer turnkey lender solutions, data solutions, consumer communication services, prepaid and stored-value marketing solutions, consumer acquisition services, payment processing and infrastructure solutions including co-location and disaster recovery hot sites. For more information, please visit http://www.sellingsource.com/.


Contact:

Ron Kalb, Director of Communications

Selling Source, LLC

702-498-8916

ron.kalb@sellingsource.com

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http://sellingsource.com/press_news-releases.php?id=4 Tue, 22 Jul 2008 11:25:00 -0700
<![CDATA[Selling Source Acquires LeadRev; Strengthens Leadership Position in Specialty Finance Marketing, Technology Sector]]> NEWS RELEASE For Immediate Release

LAS VEGAS, June 9, 2008 Selling Source, LLC, the leading provider of technology and marketing solutions to the specialty finance sector, announced today it has acquired LeadRev, Inc., one of the largest and fastest growing lead generation and distribution firms in the micro-loan, auto finance and list management sectors. LeadRev is the parent company of 19 Communications and iDesktopMedia.

LeadRev provides online leads and customer acquisition services to lenders, credit card issuers, automobile dealerships and insurance agencies. It has a particular focus on underserved and hard-to-reach customers in the specialty finance marketplace. LeadRev delivers more than 250,000 customer leads a month, and it has experienced dramatic growth since the creation of its predecessor business 19 Communications in 2003.

Selling Source is the largest U.S. provider of technology and marketing solutions to the specialty finance sector. Following the LeadRev acquisition, Selling Source will provide its specialized technology and services to customers in the following sectors: online micro-loans; online automobile sales and finance; credit cards and prepaid debit cards; insurance; and other related product categories. In 2008, after giving effect to the LeadRev transaction, Selling Source is expected to generate pro forma combined revenues of approximately $175 million and EBITDA in excess of $40 million, representing an EBITDA growth rate of 35 percent over 2007. Selling Source was acquired in December, 2007 by an affiliate of London Bay.

Selling Source Chief Executive Officer Derek LaFavor said, "LeadRev is a perfect fit for us. Both of our companies are well known for technological innovation, marketing creativity and extremely high levels of customer service. Following this transaction, our ability to generate large volumes of the highest quality leads which yield the greatest returns for both customers and publishers will be unmatched in the industry. Bringing together two companies of this size with so many complementary strengths is a first for this industry, and we believe the combined business will be very well received by our customers."

"Speaking on behalf of our stockholders and employees, we could not be more excited about joining Selling Source and London Bay Capital," LeadRev CEO Keith English said. "With the market reach, technology, infrastructure and expertise Selling Source offers, combined with the business building support of London Bay Capital, we are confident this transaction will provide very significant benefits to our customers and our industry trading partners as well as provide us with the resources to continue to grow our business at a rapid pace."

Selling Source provides technology products and services that span the life cycle of the relationship between online consumers and online financial service providers. Its comprehensive online marketing programs, which are coupled with integrated data services and software products, support its customers' acquisition, credit decisioning and underwriting, loan processing and servicing, collections and customer retention programs. These systems together with Selling Source's fraud-prevention technologies, real-time consumer communication services, customer support call centers and secure data centers give customers unparalleled service. In addition, through DataX, its London Bay Capital partner-company, Selling Source can provide its customers with an FCRA-compliant credit reporting service, one of the first of its kind in the specialty finance sector.

LeadRev is headquartered in Gulf Breeze, Fla. and has offices in New York and Texas. The company was founded as 19 Communications in 2003 by CEO Keith English and merged with iDesktopMedia in March, 2007 to form LeadRev.

About Selling Source, LLC

Selling Source, LLC, named number 109 on the 2007 Inc. 500 list, develops technology and marketing solutions for the specialty finance industry. Its affiliated companies offer turnkey lender solutions, data solutions, consumer communication services, prepaid and stored-value marketing solutions, consumer acquisition services, payment processing and infrastructure solutions including co-location and disaster recovery hot sites. For more information, please visit http://www.sellingsource.com/.

About LeadRev, Inc.

Serving lenders, credit-card issuers, insurers, auto dealerships and other businesses, LeadRev generates and delivers more than 250,000 online leads a month to the underserved specialty finance consumer base. With headquarters in Gulf Breeze, Fla., LeadRev, Inc. was formed in March, 2007 with the merger of 19 Communications and iDesktopMedia. For more information please e-mail sales@leadrev.com.

About London Bay Capital

London Bay Capital LLC is a private equity firm based in San Francisco. It focuses on management buyouts of middle-market growth businesses in the U.S. and Europe. It invests its partners' capital as well as funds it manages on behalf of one of the world's largest family offices.

Contact: Ron Kalb

Selling Source, LLC.
325 E. Warm Springs Road, Suite 200
Las Vegas, NV 89119
Phone: 702-851-9528
Ron.Kalb@sellingsource.com
www.sellingsource.com


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http://sellingsource.com/press_news-releases.php?id=1 Mon, 09 Jun 2008 06:30:00 -0700
<![CDATA[SellingSource.com Taps Silicon Valley PR Veteran Ron Kalb as Director of Communications]]>

LAS VEGAS, April 30

Las Vegas-based SellingSource, LLC, an Inc. 500 company, has named veteran Silicon Valley public-relations practitioner Ron Kalb director of communications to oversee corporate PR, communications and other marketing outreach activities for its 11 companies providing technology-driven marketing solutions for lenders.

With some 30 years' experience, most in Silicon Valley and San Francisco, Kalb has represented an array of blue-chip technology and financial services companies including Agilent Technologies, Bank of America, Borland, Coopers & Lybrand, GE-Calma, Hewlett-Packard Co., Sprint and Visa USA. He held senior management positions at global PR firms Burson-Marsteller and Porter Novelli. Prior to joining SellingSource.com, Kalb guided public relations strategy at R&R Partners, Nevada's largest integrated marketing firm.

SellingSource.com Vice President of Marketing Keven Ellison thinks Kalb is joining the company at the right time. "Ron's experience, strategic approach to communications and creativity make him a perfect fit for us as the company continues growing and gaining greater market leadership," Ellison said.

About SellingSource.com

SellingSource, LLC, named number 109 on the 2007 Inc. 500 list, develops technology and marketing solutions for the specialty finance industry. Its affiliated companies offer turnkey lender solutions, data solutions, consumer communication services, prepaid and stored-value marketing solutions, consumer acquisition services, payment processing and infrastructure solutions including co-location and disaster recovery hot sites. For more information, please visit http://www.sellingsource.com/.

Contact: Ron Kalb

Selling Source, LLC.

325 E. Warm Springs Road, Suite 200

Las Vegas, NV 89119

Phone: 702-851-9528

Ron.Kalb@sellingsource.com

www.sellingsource.com

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http://sellingsource.com/press_news-releases.php?id=3 Wed, 30 Apr 2008 06:00:00 -0700