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Shelron Group Expects Increased Q4 2006 Revenues 
Company Attributes Growth to Booming Online Holiday Sales
NEW YORK, Dec. 26 /PRNewswire-FirstCall/ -- The Shelron Group Inc. (OTC
Bulletin Board: SHRN), a leading provider of e-commerce software and
e-business solutions, today announced that final quarter revenues for the
year are well beyond the Company's projections.
"With a fantastic increase in online holiday sales for electronics
products, in particular, ActiveShopper is making positive gains in the
comparative shopping industry," notes Eliron Yaron, Chairman of The Shelron
Group. "Our marketing and technical teams have done excellent work this
year and we look forward to improved end of the year results for 2006."
According to comScore Networks, it is estimated "that US consumer
retail (non-travel) online spending for the 2006 holiday season through
December 15 -- the first 45 days of the holiday season -- reached over $19
billion, marking a 25% increase vs. the corresponding days in 2005" (Dec.
20, 2006).
eMarketer recently published a report (Nov. 2006) predicting that Web
merchants will earn sales revenue in excess of $24 billion in the months of
November and December, when holiday shopping is at its peak. This
represents an increase of 22.1% over the same period in 2005.
"We have every reason to be optimistic about ActiveShopper," says
Yaron. "We are positioned in the heart of the online industry, which is now
booming as more and more consumers are going online to do their shopping,
and our partnerships are creating significant value and customer loyalty."
About Shelron Group
Shelron Group Inc. is a leading developer of advertising and
comparative shopping software, products, and services. ActiveShopper(TM) is
the brand name of the company's comparative shopping products, which
include US, UK and Australia comparative shopping websites, a mobile
website for cell phone and PDA users, and various price-detecting
comparative shopping installable clients. The company's stock is publicly
traded on the OTC Bulletin Board under the symbol SHRN. Additional
information is available at http://www.ActiveShopper.com and
http://www.ShelronGroup.com.
Safe Harbor Statement:
Safe Harbor Statement This press release may include certain statements
that are not descriptions of historical facts, but are forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities and Exchange Act of 1934. These forward
looking statements may include the description of our plans and objectives
for future operations, assumptions underlying such plans and objectives and
other forward looking terminology such as "may," "expects," "believes,"
"anticipates," "intends," "projects," or similar terms, variations of such
terms or the negative of such terms. Such information is based upon various
assumptions made by, and expectations of, our management that were
reasonable when made but may prove to be incorrect. All of such assumptions
are inherently subject to significant economic and competitive
uncertainties and contingencies beyond our control and upon assumptions
with respect to the future business decisions which are subject to change.
A number of factors could cause our actual results to differ from
anticipated results expressed in such forward-looking statements. Such
factors are addressed in our filings with the Securities and Exchange
Commission (available at http://www.sec.gov). Accordingly, there can be no
assurance that actual results will meet expectations and actual results may
vary (perhaps materially) from certain of the results anticipated herein.
We assume no obligation to update any forward-looking statements.
Contact:
Joel Gering
1-516-6206794
IR@activshopper.com