Thursday, January 19, 2012

FrogAds, Inc. (FROG) is “One to Watch”

FrogAds provides online classified ads. The Company, via their Internet site frogads.com, enables sellers to list their products and services. They sell advertisements and banner ads. Founded in 2010, the Company was formerly known as Imobolis, Inc. They changed their name to FrogAds, Inc. in October 2011. FrogAds has their headquarters in Encino, California.

The Company’s auction marketplace can be used free within any section of the website. Sellers are given complete autonomy to post an item using any of FrogAd’s features. This includes embedded video and posting to multiple cities at one time. Buyers are notified instantly when a bid is received, countered, or accepted. No charge from FrogAds.com is applied to any user of the auction market at any point of the transaction.

The customer will have the ability to change and delete their ads. This is while reaching an increased number of potential buyers. FrogAds.com is free, thus resulting in many more ads being placed, including ancillary ads, which provides the buyer with a large and up-to-date selection.

Earlier this month, FrogAds announced that they succeeded in combining the traditional online auction business model with their leading online advertising platform. FrogAds.com is the first online destination to combine today’s most actively used online arenas.

Today, FrogAds announced that the Company opened their first office on the East Coast in order to support their continued expansion within the U.S. As of today, according to Alexa.com, FrogAds.com has 24.4 percent penetration ranking of all existing websites visited by Internet users within the U.S. The Company’s new office is located in the heart of Downtown Philadelphia at 1800 JFK Blvd, Philadelphia, Pennsylvania 19103.

Julian Spitari, Chief Executive Officer of FrogAds.com, said, “The new East Coast office strategically supports our efforts to build our U.S. sales and marketing team while achieving more space for bringing on additional programmers to further enhance the site.”

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