(EMAILWIRE.COM, May 14, 2009 ) DALLAS, Texas - BeaconEquity.com announces the publication of an article covering MediaNet’s fiscal 2009 first-quarter results, and its move to shift its gift card business to participating mall merchants.

Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m

In the article the author writes:

“MediaNet Group Technologies Inc. (OTCBB: MEDG), developer of the largest online mall and affinity program platform, reported its fiscal 2009 first-quarter results ended March 31, 2009. … The Margate-Fla.-based retailer reported gross revenue increased 9.2% to $539,395, compared with $493,963 for the equivalent quarter last fiscal year. The first quarter was a net loss of $119,366, or a loss of 1 cent per common share, compared with a net loss of $225,982 for the first quarter of 2008, or a loss of 1 cent per common share.”

To boost profitability and raise brand awareness, MediaNet will offer its gift card business to participating mall merchants:

“The company shifted processing of its gift card business to participating mall merchants in an effort to increase profitability in this business. … The company said it increased its mall merchant base to more than 850, including recent members Walmart, QVC, Reebok, American Greetins, Virgin Atlantic, Skype, Swarovski and Meijer.”

To read the entire article visit http://www.beaconequity.com/m

Join the fastest growing investor community at: http://www.stockhideout.com/

BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.

We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.

BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.


Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.