| Pink Sheets: |
NXPC
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| Sectors: |
- Internet
Internet Information Providers
Internet Service Providers
Information and Technology Services
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| Investment Style: |
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Highlights:
- NeXplore Search features a visually engaging, user friendly, multi-media interface that makes navigation effortless and drill down obsolete. The search engine is integrated with Wikipedia to foster greater relevance in both search and ad display. NeXplore has already exceeded 1.0M users, with limited financial resources for marketing and advertising. The Company's executive officers and directors include seasoned executives with substantial experience in the Internet, Web 2.0, and development and Search Engine industries. Additionally, the Company has five patents that cover search and advertising, messaging services and focused search term results. They have also filed patents to cover weighted and interactive searches.
- NeXplore's strategic goal is to establish itself as a global leader within the Search Engine market. The Company anticipates achieving this goal by answering the overwhelming demand for greater interactive and more relevant search results for its users. The Company plans to grow vertically with the market rather than trying to grow by displacing the competition. NeXplore operates in a highly fragmented market and expects to grow at a pace within the increasing demand for this industry. Over the next four years it is estimated that the number of queries will grow at a compounded annual rate of 32.8% in the U.S. and 28.4% internationally.
- NeXplore provides a unique experience, unparallel to other search engines. Instead of Text-in, Text-out while attempting a search, NeXplore search provides graphically appealing and functional interface. As the users review the search results, they can interact with the page through Web 2.0 technology developed by the Company. Interactive tools, such as saving searches to revisit later, deleting information and links greatly enhance a more personal search experience. A JPMorgan research paper found that 62.4% of respondents would be willing to consider switching search engines that can deliver unique applications to increase new and repeat usage of their search.
- NeXplore has developed an advertising and revenue model that capitalizes on the large search advertising market and draws advertising dollars away from traditional media. Online advertising is one of the fastest growing segments of general advertising with approximately $35.7B spent each year. Currently, NeXplore has entered into a contract with Yahoo! This contract allows NeXplore to use Yahoo’s paid online advertisements and share revenue streams from lead generation.
Summary:
NeXplore Corporation, a development stage Web 2.0 software company, develops Internet properties and applications. The company offers an array of search, display, and interactive advertising products to reach and engage targeted consumers. Its products under development consist of NeXplore Search, a search engine, featuring a graphical user interface to allow the user to interact with the search results themselves and the advertisements that are presented to them, as well as to refine their search results by leveraging the collective intelligence of social communities of other users; and NeXplore Ads, a proprietary ad creation and management platform that enables marketers to create, manage, and modify, in real time, targeted interactive online advertising campaigns. NeXplore Corporation's developing products also include HitLabel.com, a Web destination to offer music contests, and to provide musicians with viral tools for promoting their work and staying in tune with their fans; MyCircle.com, a universally accessible, application-agnostic social computing platform to offer users with a single, customizable interface for managing various facets of their online activity; and AdCircle, an interactive, graphical, and online classified advertising platform for buyers and sellers. The company was founded in 2006 and is headquartered in Frisco, Texas.
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