September 20, 2006; 02:49 AM
InterSearch Group (OTCBB:IGPN), a leading provider of Internet search
services and operator of industry specific destination portals,
announced today that it has acquired the internet domain www.Banks.com.
The acquisition reflects the company's strategy to expand its direct
navigation business by acquiring additional domain names. With this
acquisition InterSearch plans to build upon its recent progress in
monetizing traffic to its financial services-related domains, including
www.irs.com. InterSearch acquired irs.com in September of 2005.
Said InterSearch Chairman and CEO Dan O'Donnell, "We believe that this
acquisition adds a valuable category-level domain to our portfolio. We
expect that www.Banks.com
will appeal to our advertising partners in such areas as mortgages,
refinancing, credit cards, loans and other premium search terms.
InterSearch remains committed to consummating acquisitions as an
essential element of our growth strategy and we continue to explore the
availability of attractive domains in our target commerce categories
which include: travel, finance and recreation among others."
About InterSearch Group, Inc.
InterSearch is a leading provider of Internet search services through a
combination of traffic aggregation and proprietary websites, such as www.irs.com, www.camps.com and www.banks.com.
The company operates in the fastest growing segments of Internet
commerce including paid search, direct navigation and online marketing
driving high quality traffic to advertisers and providing users with
quick access to pertinent products and services. Through its
InterSearch Corporate Services division, the company also provides
Internet technology consulting to large corporations, predominantly in
the financial services market. InterSearch is headquartered in San
Francisco, California at 222 Kearny Street, Suite 550, and can be
reached via telephone at 415-962-9700. More information about
InterSearch Group, Inc. can be found at http://www.intersearch.com.