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LeadPoint experiences strong growth

February 4th 2009 LeadPoint, the world’s first and largest online leads exchange, today announced year-over-year revenue growth of 17% for 2008 despite the significant worldwide economic downturn. The company’s solid growth was fueled by triple digit growth in three of its business verticals and the continued success of its United Kingdom division.

LeadPoint US revenue benefited from strong results in the company’s education, tax debt relief, and credit card debt verticals versus 2007. LeadPoint’s UK division continued to provide impressive growth with 2008 revenues increasing by over 300% as compared to 2007. Another key area of growth was the company’s voice lead product line where LeadPoint has quickly grown to be the industry leader of voice direct leads, trading upwards of 200,000 calls in 2008.

Despite the decline in the mortgage market LeadPoint has been able to grow its overall mortgage market share as a number of its competitors have gone out of business or seen sizeable declines in market share. As a result, industry players are beginning to turn to LeadPoint to explore ways that the company’s sophisticated technology platform may be useful to minimize their own operational costs.

“In the current economic environment, we are pleased to have grown revenues by double digits,” said CEO Marc Diana. “Our company prides itself on being quick to recognize growing markets and adjusting our product offerings to meet the market’s needs. Just recently in the US, we launched loan modification products available in both voice and data formats which are proving to be quite popular.”

Since its inception, LeadPoint has seen remarkable growth across the verticals in which it trades leads. With more than six and a half million leads traded to date, LeadPoint’s exchange platform provides lead buyers with unparalleled ability to control their lead targeting, while empowering lead sellers with transparency into the true value of their marketing efforts.

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