Zacks Research is an analyst with a bullish outlook on the company. The analyst set a 6-month price target of $1.75 per share in July of 2011, which represents a significant 929% premium to the current market price. Among the reasons for the high target, the analyst cited high sales increases, improving traffic figures, and a low value per user relative to other companies.

Click Here: Read the Full Zack’s Research Report

Traffic Provides Leverage for Monetization

CrowdGather’s growing traffic figures have generated interest from analysts and investors. In July, the company announced that its network page views and unique visitors doubled year-over-year. Then in September, the firm announced that its monthly traffic jumped 50% after it purchased Yuku.com. And recently, the company hit a level of 235mm page views and 23mm unique visits each month.

These improving traffic statistics should help CrowdGather better package and monetize its traffic. And with its acquisition of Adisn’s advertising technology in June of 2010, the company is preparing to monetize its traffic with even higher CPMs. Zacks Research added that this will likely produce upside revenue surprises in FY2012, but it didn’t include the projections into the aforementioned price target.

Acquisitions Build Shareholder Value

CrowdGather has also become extremely adept at acquiring and effectively monetizing online forums. By offsetting acquisitions’ dilution with his previously canceled shares, CEO Sanjay Sabnani’s acquisition strategy aims for a very rapid payback period and high return on investment. Ultimately, these acquisitions are meant to build a base that will continue to drive its rapid growth moving forward.

In the future, the company’s proprietary advertising network should help it leverage these acquisitions even more. Higher CPM rates will help immediately improve revenues, while expanding this advertising platform beyond its own network would create a whole new revenue stream. Combined, these factors could help the firm meet and exceed the price targets set by analysts like Zacks Research.

A Great Opportunity

CrowdGather has taken a unique approach to the online publishing and advertising industries. By targeting forums, the company leverages passionate users to give advertisers unparalleled exposure for their brands. The firm’s acquisition of Adisn also provides it with the technology needed to create its own online advertising platform, and generate significant long-term value for shareholders.

To learn more about CrowdGather, check out the following resources:

• Company Website
• Recent SEC Filings
• Zack’s Research Report

Over the past five years, the company has constructed a network of 23,500 high school spirit domain names that now account for over 99% of the 27,000 high schools in the United States. These spirit websites contain a growing amount of information ranging from sports scores to events.

Sports Scores and Events Build Significant Traffic

In October, DigitalTown published its first scores and rankings of the nation’s high school football teams, which generated in excess of an incredible 1 million pageviews within the first month. With the addition of basketball scores this winter for over 18,000 teams, the firm anticipates driving significant traffic.

With the average school having some 25 different clubs, the company is also looking to expand into these areas to further grow traffic. Combined, these efforts could generate hundreds of millions of pageviews that could translate to millions in revenues even at modest CPM rates.

Unique Hyper-Local Focus Will Drive Monetization

Currently, DigitalTown monetizes this traffic using traditional national advertising, but it has plans to launch the nation’s largest hyper-local advertising system under multiple formats. This new platform is expected to become the firm’s largest revenue driver in 2011 and beyond.

The self-serve system will allow local business people to login to the website and draft their own advertising campaigns, while the software is capable of supporting thousands of representatives across the country to initial advertising campaigns on a monthly, seasonal or annual basis.

An Undervalued Stock with Enormous Potential

With capital expenditures out of the way and near-term monetization plans, this relatively undiscovered $25 million company could generate significant value over the long-term. Meanwhile, the cheap price tag could also catch the interest of other players in the industry seeking to bolster their position. As a result, investors may want to take a closer look at DigitalTown, Inc. (OTC-BB: DGTW) sooner than later.

The Investor-Based video makes the business case by showing how parents today are faced with a giant challenge—keeping their children safe on the internet from predators, pornography, and malicious online communication. This video will not only introduce the many facets of our cutting-edge technology, including our Secure-Chat, Secure-Search, Secure-Browse, and Secure-Email, but also provides potential investors a look at our Corporate Vision and the potential profits thereof. With a thorough explanation of our marketing options, distribution outlets, and advertising sources, along with a detailed description of the scope of our market, this video hammers home this unique investment opportunity.

Richard J. Lewis III, CEO of CITC, stated “IDEAS has really helped us hit the mark with this Investor-Based Video … I think together we have created a top-notch, informative vehicle for serious investors to really see and understand the true long-term potential that a partnership with CITC has to offer.”

Daniel Schoenthal, one of CITC’s technical gurus, states “many competitive products that claim to protect children are rife with shortcomings. With overzealous filtering of content, inadequate parental controls, and “one size fits all” rules for children regardless of age, treating a 4-year-old the same as a 14-year-old, the current security products are truly lacking. This is especially exasperating because many of the filtering controls are capable of being easily hacked, even by an 8-year-old!”

The CITC Team directly addresses these failings, providing parents with an award winning solution with its patent pending Wizard Lock Security™. The Parental Control market is ripe for a solution that truly works. According to Mr. Lewis, “it’s a Billion Dollar market with a whopping 76% forecasted growth rate. With relatively low penetration, the marketplace has been stuck in neutral waiting for a solution that is effective, affordable, and user-friendly…and the truly exciting thing is…the CITC Team has that solution.”

For more information, or to view the Investor-Based video, please visit: www.kidwideweb.net and request a password or contact Richard J. Lewis III @ 916-631-1988. Or you can email us at info@kidwideweb.net. For additional information, you can also visit www.thechildrensinternetinc.com.

Forward-Looking Statements:
This press release may be deemed to contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements are made as of today’s date and we do not undertake any obligation to update forward-looking statements. You can identify such statements by our use of such words as “should,” “expect,” “will,” “intends,” and similar words and phrases which denote future events and which may depend on the future performance of the Company. Specifically, these include statements as to future product releases, the implementation of strategic initiatives and the ownership in TCI upon completion of the transaction and whether or not the transaction will be consummated. Our assumptions underlying these statements are also “forward-looking” statements. Forward-looking statements are based on information and assumptions that are dynamic in nature and subject to rapid and sometimes abrupt changes. Our forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those stated or implied by the statements. Our forward-looking statements are also subject to important risks and uncertainties detailed in our latest reports filed with the SEC and available on its website at www.sec.gov.

One of the leading networks of forum communities on the Internet, CrowdGather (CRWG), today announced that it has received notice from certain foreign institutional investors regarding their desire to convert principal and accrued interest resulting from an issuance of senior secured convertible debentures in May 2009. Repayment of these debentures was due in November 2010 and with this conversion CrowdGather will be debt free. These conversions were made pursuant to the terms of the debentures as described in the Company’s Form 8-K filed with the Securities and Exchange Commission on May 26, 2009. The holders of these debentures have also elected to increase their equity holdings in CrowdGather through the exercise of 957,141 warrants. The conversions and warrant exercise will result in the issuance of a total of 2,865,054 new shares of common stock and provide $670,000 in capital to the Company. As part of the initial debenture subscription agreement, Chairman and CEO, Sanjay Sabnani will surrender 5,000,000 of his beneficially owned shares to CrowdGather for cancellation as previously agreed to as a conversion inducement. As a result of this cancellation, there will be no dilution to the Company’s other shareholders despite the issuance of the new shares for the conversion or the warrant exercise. CrowdGather will have approximately 39 million shares outstanding as compared to approximately 41 million shares outstanding prior to the conversion and warrant exercise.

Of the $2,520,513 in total debt and accrued interest outstanding to these investors, $1,955,217 in debt and accrued interest was converted at $1.37 per share based upon a 20% discount to the volume weighted average share price (VWAP) for the 10 days prior to the date of conversion, resulting in the issuance of 1,423,663 shares of CrowdGather common stock. The remaining $565,296 was converted at a 32% discount to the 10 day VWAP, for the issuance of 484,250 shares of CrowdGather common stock at the conversion price of $1.17 per share. Additionally, a total of 957,141 of warrants issued as part of the debenture were exercised by the respective investors at $0.70 per share, resulting in cash proceeds of $670,000 to CrowdGather.

Due to a provision in the debenture conversion provisions wherein CrowdGather’s Chairman and CEO agreed to cancel five million shares from his personal holdings as an inducement for the investors to convert their debentures into equity, the net effect of this transaction will be anti-dilutive to CrowdGather shareholders. The Company will have approximately 39 million shares outstanding despite the issuance of 2,865,054 new shares for the conversion of debentures and exercise of warrants. Prior to this transaction, CrowdGather had approximately 41 million shares outstanding.

“This is a significant milestone for our Company,” said Sanjay Sabnani, CrowdGather’s Chairman and CEO. “While my personal ownership in the CrowdGather has been substantially reduced, we are now free of any debt and in a position to use our cash and equity to drive growth through acquisitions.”

About CrowdGather, Inc.

With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.