OfferMobi Continues Remarkable Growth in Mobile Advertising Industry Since Launch Earlier This Year

NEW YORK, Nov. 18, 2010 /PRNewswire/ -- OfferMobi, the first US-based Mobile Performance Network, today announced several milestone achievements the company has reached over the past month with regard to click rates and conversions generated for advertisers.

Since launching the platform in April 2010, never before have the amount of clicks and conversions in a given month reached the current levels. The amount of clicks that OfferMobi has generated on their network has risen almost 65 percent from approximately 800,000 to over 1.2 million clicks in the first half of November alone.  This follows consistent month-over-month growth in clicks since April, and represents a 400 percent increase from just three months ago, illustrating the rapid growth and adoption of OfferMobi's unique performance-based model in the mobile advertising industry.

In addition to clicks, the amount of conversions for the first half of November has also grown from 85,000 to over 140,000 on the network resulting in almost a 75 percent increase from the first half of last month alone.

"The continued momentum that we have built consistently month-over-month - and in particular, over the past month alone - validates the demand in the marketplace for our business model," said Mark Roth, OfferMobi CEO. The extraordinary results we've reported since we launched and in the first half of November illustrate that we are well-positioned as the industry's only cost-per-action mobile ad platform."

This announcement follows a string of milestone achievements which OfferMobi has announced since its launch in April 2010. Among the key milestones the company has achieved are the growth of its client base to more than 8,000 mobile publishers and 60 brand advertisers, as well as delivering industry-leading performance metrics for its customers such as increasing conversions by more than 260% and click rates by over 180%, and receiving peak traffic of over 150,000 clicks a day on the network.

For more information on OfferMobi, including a listing of customers, service offerings and recent company news, visit www.OfferMobi.com.

About OfferMobi:

OfferMobi is the first USA-based mobile affiliate network. Launched in early 2010, OfferMobi has amassed a loyal following of over 8,000 mobile publishers who are seeking performance based commissions from ad campaigns they can run in mobile advertising channels. OfferMobi acts as both a mobile agency and a performance based network for advertisers who wish to promote their mobile enabled website, App, or click to call/pay per call campaign. OfferMobi works with mobile publishers who own well-travelled mobile destinations, popular app owners and other mobile ad networks to increase the revenue they earn from their mobile ad inventories on a performance basis.

SOURCE OfferMobi