Journal of New England Technology DM Article

DirectoryM has made headlines once again, but this time in the Journal of New England Technology. Although the article discusses DirectoryM finances and earnings, it focuses primarily on the effort to increase localized content, which recently included investing $2 million into expanding DirectoryM’s online database centralization. Content centralization focuses on supplying consumers with relevant business services and information, and DirectoryM, according to cofounder and CEO, Panos Beathanis, is striving for global recognition: “Our goal is to become the central database in…countries well before anybody even thinks of database centralization.”

If you’d like to read the Journal of New England Technology article on DirectoryM, please click the following link: http://www.masshightech.com/stories/2009/07/13/daily22-DirectoryM-invests-2M-in-its-online-database.html

Inc. Article

Note: In June of 2008, Inc. published an article on DirectoryM that featured how DirectoryM was dealing with its 4.5 million dollar debt resulting from a buy-back the previous year. This month, Inc. published a follow up article explaining how DirectoryM has dealt with the demands of such a debt, as well as how the company has grown, evolved, and changed since the last publication.

When managing a business, it’s difficult to organize, pay, and control debt. CEO and cofounder of DirectoryM, Panos Bethanis, understands this all too well. In 2007, Bethanis decided to buy back DirectoryM from venture capitalists, although this would place the company in a 4.5 million dollar debt. While there was skepticism from employees, partners, and financial experts, after an article featuring this decision was published by Inc. in June of 2008, DirectoryM continued growing and evolving.

According to Inc.’s recent Jully 2009 article, “DirectoryM now boasts partnerships with 500 content partners, which helped it reach its 2008 revenue goal of $4 million and open five international offices. The company has also added 75 employees, including 42 overseas.” In addition to featuring DirectoryM’s financial and personnel growth, the article also explains how Bethanis and his employees reestablished DirectoryM and dealt with what, in many instances, would have been overwhelming financial obstacles.

The following link features the new Inc. article:
http://www.inc.com/magazine/20090701/buying-your-old-company-back.html

To read the June 2008 Inc. article, click the following link:
http://www.inc.com/magazine/20080601/panos-bethanis-went-45-million-in-the-hole_pagen_3.html

LimoRes

Do you need a ride home from the airport? Or, do you need information about transportation in a particular area? How about help with both?

DirectoryM’s vertical partnership with LimoRes can help with all your travel service and information needs. Because LimoRes is one of the chief transportation service companies in the traveling industry and DirectoryM features localized content, an affiliation results in an informative and successful partnership not only for the companies involved, but also-and most importantly-for the consumers who need services and/or information.

So what can a DirectoryM and LimoRes vertical partnership do for you?

A DirectoryM and LimoRes partnership combines local needs with brand expertise, so a prospective consumer receives high quality service in or around his/her immediate area. Do you need a ride to and from the airport? Are you looking for a limousine for your wedding party transportation? How about those important clients you want to impress? LimoRes offers a variety of transportation services, including, but not limited to, limousine rentals, airport taxis, and special-event transportation. Although based out of New York, LimoRes also offers services in over 172 countries and in 5,000 worldwide airports. By combining LimoRes’s transportation service knowledge and DirectoryM’s localized transportation information, both companies are more equipped to meet the needs, wants, and demands of their client base.

To read more about LimoRes, their services, and their pricing, check out the LimoRes website: http://www.limores.net/.