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Los Angeles  Entrepreneur Launches High-Tech Holding Company WeCANmakeYOURphoneRING.com
Three Start-Ups Planned for This Year

May 29, 2008, Los Angeles, CA - Los Angeles entrepreneur Cliff Chesley today announced the launch of WeCANmakeYOURphoneRING.com, a high-tech holding company that will develop and operate a network of online businesses. Backed by an experienced team, WeCANmakeYOURphoneRING plans to launch three start-ups before the end of the year and will provide ongoing support for those companies from its Los Angeles headquarters.

Chesley founder of AppraisalAssociatesLA.com, Inc., has become a fixture in the growing West Coast technology scene, having participated in the development of several successful high-tech companies in the region since that time. Chesley will serve as WeCANmakeYOURphoneRING's chief executive officer, directing a core staff that is estimated to grow to 12 within the year. Ashad, a UCSB alumnus and former engineering director of Strategic 1SEO inc., is the co-founder of WeCANmakeYOURphoneRING and will serve as chief technology officer.

WeCANmakeYOURphoneRING will focus its efforts on the burgeoning online business-to-business and business-to-consumer markets, for which analysts have continued to raise their revenue projections. According to Forrester Research US online retail reached $175 billion in 2007 and is projected to grow to $335 billion by 2012. Business-to-consumer (B2C) eCommerce continues its double-digit year-over-year growth rate, in part because sales are shifting away from stores and in part because online shoppers are less sensitive to adverse economic conditions than the average US consumer. Despite the continued growth of the channel, online retailers face several challenges to growth: Online stores are broadly perceived as a second choice for shoppers, online retail is becoming increasingly seasonal, and online shoppers rarely admit to browsing, which can drive valuable incremental dollars during their Web shopping experiences.

"The online B2B and B2C markets are still largely untapped, and advances in technology enable smart entrepreneurs to launch new business very quickly and cost-effectively," Chesley said. "WeCANmakeYOURphoneRING will fill a large void in this sector by developing not just new technology but high-quality organizations that will be able to sustain market fluctuations. And because of the efficiency of our development processes, the companies will be able to consistently deliver products at much lower costs than competitors, giving us a significant advantage."

WeCANmakeYOURphoneRING has built an initial team with extensive experience in developing and managing new technologies and will be expanding the company further with additional employees and technology partners. The company is also reviewing early stage funding options, looking for the right individuals and businesses to participate in fulfilling its mission.

About WeCANmakeYOURphoneRING

WeCANmakeYOURphoneRING is an entrepreneurial company whose mission is to create and operate a network of successful online businesses. WeCANmakeYOURphoneRING uses a systematic and cost-effective process for building, launching and operating companies based on proven market opportunities. WeCANmakeYOURphoneRING provides its operating companies with best practices, a highly synergistic sister company network, operational support and strategic guidance. Today, WeCANmakeYOURphoneRING is focused on creating a network of online companies with a medium investment risk profile that enjoy high margins and show significant potential for sustainable, profitable growth. Visit WeCANmakeYOURphoneRING on the web at www.WeCANmakeYOURphoneRING.com.