iJango Press Release

iJango published a September Press Release that in part addresses BBB criticism of the company:

AUSTIN, Texas, Sept. 17 /PRNewswire/ -- In early August 2009, iJango Network announced the release of its BETA version of its free web portal. Using a by referral only model to grow its customer base, iJango has exploded to over 16,000 free users within the first six weeks of launching. "We had our share of bugs in the outset, but with our loyal member base providing feedback and conceptual ideas, we have harnessed the power of the iJango Community and refined our offering to cater to our members' needs. We have been able to prove to our users that we are able to adapt to their feedback," said Rayner Smith, iJango's CEO. Repositioning itself to a Membership Rewards Community, iJango's free users will now be referred to as Community Members. Those wishing to earn compensation from growing the Membership base are referred to as Community Directors. The concept is simple. Community Directors are incentivized to grow the base of free Community Members. These Members use the tools and utilities provided to them including email, shopping, search, and news. Revenues are earned through the traffic generated by the Members and by the purchases made through the shopping portal. More Members means more commissions. For growing their respective communities, the Community Directors share in the company's revenues. A Community Director, an optional position that costs a one-time $149.95 fee and a recurring $19.95 monthly fee for tools and support, must refer all Members. The beta launch was questioned by the Central Texas Better Business Bureau (BBB) in a news release it issued 12 days before a date when the BBB had asked the iJango company to respond in writing. "Unfortunately, despite the fact that iJango has provided the Central Texas BBB with everything it has requested, the BBB has mischaracterized the company in a news release and a reliability report," said Smith. "In its rush to tar network marketing companies such as iJango, the Central Texas BBB has mislead the public by failing to mention that: iJango Network and its Community Directors earn Usage Commissions from Shopping and Traffic, that the BBB had in its possession iJango's Agreements with its vendors, and the Central Texas BBB had edited out portions of its unannounced conversation with me. "The BBB is taking the position that iJango has been utilizing funds from Community Director fees to pay its Membership Gathering Bonuses," continued Smith, iJango CEO. "What they have failed to realize is that iJango is a solid company with strong financial backing that has sought out its start-up capital from private investors to build our Membership Base." Unfortunately, iJango lost one of their key vendors do to these false BBB accusations, but has since established an improved network of vendors, and the result has been a shopping portal with more products and services than ever before. "Our valid and compelling business model encourages entrepreneurship, teamwork, and financial independence. It is a model that our Chairman Steve Smith proved successful in Excel Communications, and one that we stand by," Smith said. The Chairman of iJango, Steve Smith, built Excel Communications, another network marketing business into the 4th largest long distance company in the country. iJango is following this proven business model and Smith's outstanding experience and leadership.

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