Mediabistro (a division of WebMediaBrands Inc., Nasdaq: WEBM) today launched the AllFacebook Services Directory. The new service is a classified subscription that creates a marketplace for individuals or organizations to advertise Facebook-related marketing, software, and other services. Shares of WEBM jumped significantly today after the news was released gaining more than 50 percent on very heavy volume before giving back some ground. In late trading, WEBM was up 22 percent at $0.95 per share on volume of nearly 2 million shares compared to its average daily volume of only 26,000 shares.
“AllFacebook attracts over 1 million unique visitors monthly and is the number one resource for daily updates and analysis for those interested in Facebook news and business developments. The AllFacebook Services Directory is an easy to use and affordable service that allows individuals and businesses to conveniently market their services to the targeted and rapidly growing AllFacebook audience,” stated Alan M. Meckler, Chairman and CEO of WebMediaBrands.
“The AllFacebook Services Directory is the first of many services that Mediabistro will be launching in the coming months for those interested in utilizing Facebook to grow and market their businesses and services," added Meckler.
WebMediaBrands is an Internet media company that provides content, education, trade shows, and online job board services to media and business professionals. The company’s online business includes mediabistro.com, a leading blog network providing content, career, and educational resources about major media markets and industry verticals including new media, TV news, advertising, public relations, publishing, design, mobile, and the semantic web.
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