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BOCA RATON, FL, Nov 07, 2008 (MARKET WIRE via COMTEX News Network) -- Bonds.com Group, Inc. (the "Company") (OTCBB: BDCG), through its subsidiary Bonds.com, Inc., provider of an innovative comprehensive online trading platform providing execution, liquidity and competitive pricing to the fragmented fixed income marketplace, announced today October and year-to-date results across each of its key business metrics.
The following data is unaudited and thus potentially subject to change.
Jan Feb Mar Apr May Jun
-------- -------- -------- -------- -------- --------
New Accounts 35 42 48 45 113 109
-------- -------- -------- -------- -------- --------
Trade Volume 42 90 71 96 167 273
-------- -------- -------- -------- -------- --------
Revenue $ 5,264 $ 14,702 $ 8,814 $ 8,141 $ 19,124 $ 61,963
-------- -------- -------- -------- -------- --------
Average Revenue per
Trade $ 125.33 $ 163.36 $ 124.14 $ 84.80 $ 114.37 $ 226.97
-------- -------- -------- -------- -------- --------
Average Trade Size $ 34,524 $ 44,200 $ 60,704 $ 51,260 $ 65,611 $ 77,648
-------- -------- -------- -------- -------- --------
Number of Bonds
Traded $ 1.5 MM $ 4.0 MM $ 4.3 MM $ 4.9 MM $11.0 MM $21.2 MM
-------- -------- -------- -------- -------- --------
Jul Aug Sep Oct YTD
-------- -------- -------- -------- --------
New Accounts 111 38 25 59 625
-------- -------- -------- -------- --------
Trade Volume 314 397 409 502 2,341
-------- -------- -------- -------- --------
Revenue $ 53,591 $ 67,051 $106,210 $251,304 $596,167
-------- -------- -------- -------- --------
Average Revenue per
Trade $ 170.67 $ 168.89 $ 259.68 $ 500.61 $ 254.66
-------- -------- -------- -------- --------
Average Trade Size $ 95,399 $ 76,683 $161,499 $110,675 $ 97,765
-------- -------- -------- -------- --------
Number of Bonds
Traded $29.9 MM $30.4 MM $66.1 MM $55.6 MM $228.9MM
-------- -------- -------- -------- --------
*All data is as of trade date and, with the exception of Average Revenue
per Trade, rounded to nearest dollar.
"We are incredibly excited by our growth these last two quarters. The market has seen a paradigm shift in investment strategy and unparalleled challenges for those seeking liquidity and needed credit," stated President and CEO John J. Barry IV. "Our firm is agile enough to easily exploit the opportunities and continue to resolve our position in the market as a growing player. We are seeing what I believe to be the beginning pattern of consistent growth for revenues, trade volume and account acquisitions. Our October result of over $251,000 in revenue is a demonstration of how well our business model has been accepted by the market especially in these difficult times. We are encouraged for more expansive growth in the future as we focus on expanding our prospecting of accounts into other target market segments, which have yet to be presented with our value proposition. We see no limit in sight for the expansion opportunities with BondStation and our new platform CDStation."
To be added to the Bonds.com investor email list, please email justin.davis@cirrusfc.com with BDCG in the subject line.
About Bonds.com Group, Inc.
Bonds.com Group, Inc. (OTCBB: BDCG), through its subsidiary Bonds.com, Inc., serves institutional and self-directed individual fixed income investors by providing a comprehensive zero subscription fee online trading platform. The company designed the BondStation platform to provide liquidity and competitive pricing to the fragmented Over-The-Counter (OTC) fixed income marketplace.
The company differentiates itself by offering through its broker dealer Bonds.com, Inc., an inventory of over 30,000 fixed income securities from more than 175 competing dealers, as well as market research, investor tools, bond education and an interactive website experience. Asset classes currently offered on the BondStation fixed income trading platform include municipal bonds, corporate bonds, agency bonds, certificates of deposit (CDs) and U.S. Treasuries. With unmatched marketability of the domain name www.bonds.com commitment to key advertising initiatives, experienced management team and seasoned account managers, Bonds.com, Inc. is poised to redefine the $29 trillion fixed income marketplace.
Bonds.com Investor Relations Website: http://ir.bonds.com
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
CONTACT: Cirrus Financial Communications, LLC Justin K. Davis (877) 880-BDCG (2324) Justin.Davis@cirrusfc.com www.cirrusfc.com
SOURCE: Bonds.com Group, Inc.
mailto:Justin.Davis@cirrusfc.com http://www.cirrusfc.com
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