ASHBURN, Va., July 6, 2005 (PRIMEZONE) -- Brian P. Barrett, President and CEO of GuestMetrics, Inc. (Pink Sheets:GESM), a leading provider of Customer Insight solutions for the hospitality industry and its manufacturers, announced today that it has posted a Disclosure Statement on its website updating all shareholders on the Company's list of achievements during the first two quarters of 2005. Stated Mr. Barrett, "While we are not required by the Securities and Exchange Commission to report, we believe that it is our responsibility to keep our shareholders informed. We are excited about the growth in our industry and the progress we have made since entering the public market in March of this year and want to share these milestones with our shareholders. Additionally, we view this as a stepping stone to expanding our market presence upon completion of a planned year-end 2005 audit."
Highlights of the Disclosure Statement include the announcement of key marketing partnerships, strategic alliances and reseller channels. The Disclosure Statement, titled GuestMetrics Shareholder Update, May 31, 2005, may be viewed in its entirety at the Company's website: (www.guestmetrics.com/investorrelations.html)
In addition, the Company has completed a rebranding initiative which includes a revised messaging platform, new collateral material and a redesigned website. (www.guestmetrics.com)
About GuestMetrics
GuestMetrics is a leading provider of Customer Insight solutions to the $440 billion dollar hospitality industry. Our suite of tools for the restaurant industry support targeted Email marketing and gift and loyalty programs. These customer outreach programs are combined with powerful near real-time analytics that are fully integrated with the point-of-sale system, allowing our hospitality clients to increase sales and profits, reduce operating costs, reduce fraud, theft, and loss, and improve business operations. In addition, GuestMetrics provides the beverage alcohol and food industry with on-premise check-level spending data. This allows manufacturers to evaluate ROI on promotions, analyze competitive data, and understand share of plate/category. More information about GuestMetrics may be found online at www.guestmetrics.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.