SPRINGFIELD, Va., May 15 /PRNewswire-FirstCall/ -- Next Generation Media Corporation (BULLETIN BOARD: NGMC) , whose subsidiary, United Marketing Solutions, Inc. (http://www.unitedol.com/), is a national leader in the direct mail industry and in franchising, today announced that revenues for the first quarter ended March 31, 2006, totaled $2,025,640, down slightly from revenues of $2,095,520 in the first quarter of the previous year. The Company announced net income of $30,591 for the first quarter of 2006 compared to $58,728 in 2005.
"Our number one goal for 2006 is to increase the number and quality of our franchises in targeted areas of the U.S.," said Darryl Reed, CEO, "and our campaign to do this has started. We are very optimistic about this effort."
Established in 1997, Next Generation Media Corporation, through its wholly-owned operating subsidiary, United Marketing Solutions, Inc., provides direct marketing products to a network of franchisees. These operate within exclusive territories. Products sold to small and medium sized businesses, service providers and professionals such as dentists, physicians and real estate agents include cooperative direct mail advertising, coupon booklets, image booklets, mailings to new families in any market, a restaurant marketing kit, and products for special events and grand openings.
Forward-Looking Statements
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
CONTACT: Next Generation Media Corp.
Paul Knopick
E & E Communications
(949) 707-5365
