Quepasa Corporation Receives Letter of Compliance With NASDAQ Market Value Requirement and Web.com Reports Second Quarter 2008 Financial Results

City of Industry, CA --(www.USEquityNews.com)-- 08/05/2008 - Internet Information Provider industry alert provided by U.S. Equity News. Quepasa Corporation (NASDAQ: QPSA), owner of Quepasa.com, an online social community for young Latinos, has received formal notice from NASDAQ of compliance with Rule 4310(c)(3)(A) regarding stockholders' equity. ``We are pleased to regain compliance with the NASDAQ Listing Requirement as a result of meeting the minimum stockholders equity provision,'' said John C. Abbot, Quepasa Chief Executive Officer. ``Quepasa is making strong progress, both in terms of our financial metrics and our business initiatives. We have a detailed product and services roadmap and look forward to announcing a number of new and innovative concepts that will continue to enhance the Quepasa site and provide a fun and interesting environment for our members.''


Bankrate, Inc. (NASDAQ: RATE), recently reported financial results for the second quarter ended June 30, 2008. Total revenue for the second quarter increased by 73% to $40.2 million over the $23.3 million reported in the second quarter of 2007. Net income was $4.1 million, or $0.21, per fully diluted share in the second quarter of 2008, compared to $5.2 million, or $0.28, per fully diluted share in the second quarter of 2007. Adjusted earnings per fully diluted share, excluding share-based compensation expense ("Adjusted EPS"), was $0.33 for the second quarter of 2008, compared to the Adjusted EPS of $0.34 for the second quarter of 2007. Adjusted EPS excluding intangible asset amortization ("Operating EPS"), for the second quarter of 2008 was $0.39 per share compared to $0.35 per share for the same period in 2007.

Web.com (NASDAQ: WWWW), a leading provider of online marketing for small businesses, recently announced results for the second quarter ended June 30, 2008. ``Despite challenging economic conditions, Web.com was able to hit the top of its quarterly revenue and earnings guidance. The operating leverage potential of our business model is evidenced by record gross and operating margins, which is driving the company's strong and growing earnings and cash flow,'' stated David Brown, Chairman and CEO of Web.com. ``From a short-term perspective, we believe it is prudent to expect the macro-economic environment to impact our small business customers. From a long-term perspective, we are very optimistic about our market position and opportunity as we execute against our strategies to build the premier online marketing solutions provider to small and medium-sized businesses.''

Equity Solutions Inc. announced it is currently featuring IAS Energy, Inc. (OTCBB: IASCA) www.iasenergy.com) on USEquityNews.com. IAS Energy announced that www.video1314.com had record web site traffic with over 14.3 million monthly hits to its site in June, 2008. "We are on track to becoming one of the top destination sites in Asia," said Samuel Kam, Vice President of Internet Development for IAS Energy, Inc. "We are now averaging more than half a million clicks to our site each day and expect this to increase substantially in the coming months through the introduction of more user-friendly interfaces in the future." Video1314.com is a fast growing Chinese Web 2.0 platform (similar to www.youtube.com) that allows users to share videos, music, audio as well as sell goods and services using videos in its marketplace. Since its launch, Video1314 has attracted millions of users and is fast becoming one of Asia's top Web2.0 destinations. Video1314.com currently serves the Greater China region, which includes mainland China, Hong Kong, Macau and Taiwan.

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