April 6, 2010 (FinancialWire) — DigitalPost Interactive, Inc. (OTCBB: DGLP), http://www.dglp.com, a leader in the digital media-sharing and social networking space, reported that for 12 months ended December 31, 2009, there was growth in both its business segments, with family website subscriptions increasing to $724,800 in 2009 from $310,000 in 2008 and revenues from professional services contracts rose to $637,700 in 2009 from $178,900 in 2008.

Subscriber-base grew to 16,559 recurring subscribers on December 31, 2009, compared to 13,151 on December 31, 2008. Recurring subscribers include subscribers to TheFamilyPost.com, DigitalPost's direct B2C web property, and DigitalPost's B2B partners, including Kiddie Kandids.

Professional services revenues grew to $637,700 in 2009 from $178,900 in 2008, thanks in part from winning several large contracts for custom design website software from a leading local Internet company.

Net cash used by operating activities for 2009 declined dramatically to $267,700 from $1,515,700 in 2008. The company continued to maintain lower expense levels while generating revenue growth throughout the year.

Net loss for 2009 narrowed to $1.9 million from $4.0 million in 2008. Net loss for 2009 included non-cash items consisting of: $657,200 in stock-based compensation, $409,500 of amortization of debt discounts, $258,800 of change in fair value of conversion feature liability, and $135,200 of depreciation and amortization expense. Net loss for 2008 included non-cash items consisting of $1,811,500 in stock-based compensation, $519,600 of amortization of debt discounts, and $79,200 of depreciation and amortization.

: In June, DigitalPost introduced FileSafe, an online backup and archival system for storing and securing any type of electronic file via an easy to use, drag and drop interface. In December, the company announced plans to enter a new vertical market with TheChurchPost.com, a new digital media sharing website platform for religious organizations and their members and communities. Continuing its new-product development strategy, DigitalPost recently announced initiating development for version 6.0 of its award-winning interactive digital media platform. This new updated platform with enhanced features such as mobile capabilities, editing tools, security controls and optional integration with popular social networking web sites is scheduled to be released sometime during 2nd Quarter.

DigitalPost recently launched www.FamilyPhotoZoo.com, the result of the new B2B partnership with Lucidiom, Inc., a provider of retail branded photo kiosks and online photo solutions for retail clients worldwide.

DigitalPost Interactive is a SaaS (Software as a Service) and application provider that delivers B2B and B2C digital media-sharing solutions that are both easy to offer and easy to use.

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