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Adaptive Ad Systems Announces Record-Breaking Sales of $8.5 Million for 2018 - Exceeding Expectations
Adaptive Ad Systems Announces Record-Breaking Sales of $8.5 Million for 2018 - Exceeding Expectations.
About this update from Adaptive Ad Systems, Inc.
[{"type":"text","content":"\n\n\n\nAdaptive Ad Systems Announces Record-Breaking Sales of $8.5 Million for 2018 - Exceeding Expectations\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAdaptive Ad Systems Announces Record-Breaking Sales of $8.5 Million for 2018 - Exceeding Expectations\nPR Newswire\nVANCOUVER, Wash., March 6, 2019\n\n\n\nVANCOUVER, Wash., March 6, 2019 /PRNewswire/ -- Adaptive Ad Systems, Inc. (OTC: ATV), a company that provides Dynamic Digital Ad Insertion (DDAI) via its streaming media hardware and proprietary processing software for the cable TV and Satellite markets, is reporting record-breaking year-over-year growth in revenue for 2018, exceeding expectations previously released.\nJ. Michael Heil, Chairman & CEO of Adaptive states: \"For the last two years the financial performance of Adaptive has improved consistently and the Company has continued to increase its installed subscriber base and expanded its nationwide network installations. Accordingly, the Company can now report that it has generated revenues exceeding $8.5 Million for 2018, surpassing our own prior expectations. After years of consistently increasing our installed client base and improving financial performance, we believe that we now have struck a chord in the industry with our winning combination of advanced digital ad insertion technology and a unique revenue sharing business model.\"\nWhile consistently expanding its network installation capacity and industry reach over the last years, the company's technical team has continued to improve Adaptive's advanced digital ad insertion technology. The improved utilization of Adaptive's digital technology and increasing network installations in the underserved Tier 2 and Tier 3 markets has resulted in better access to major advertising inventory. This allows the Company to continuously expand its client contract base to serve these underserved markets more economically, react dynamically to fast changing market conditions and continue to improve its financial performance. More financial detail will be available in the upcoming annual financial report, which ...