PHOENIX, Sept. 9, 2010 (GLOBE NEWSWIRE) -- iMergent, Inc. (AMEX:IIG), a leading provider of e-commerce software, site development, web hosting and search engine optimization for businesses and entrepreneurs, discussed results of a contest they held at Brigham Young University (BYU) where students were provided free website hosting and a chance to build and run an e-commerce website using the Crexendo web building platform. All the students who entered the contest were full time students and were required to carry a full course load. Seventy student teams entered the competition, 17 completed and published websites by the contest deadline. The results showed that 13 of those 17 teams managed to in the contest time develop an e-commerce website which was profitable. All the teams were allowed to retain their website after the contest and many are intending to continue to use their websites.
The competition's student lead, Thomas Gosney, said the competition motivated teams to try entrepreneurship in the form of online marketing. "As a critical first step in entrepreneurship, a website allows students to create a business without the large amounts of capital that other types of businesses require," he said.
First-, second-, third- and fourth-place websites won $8,000, $5,000, $3,000, and $2,000 respectively.Fourth-place winner Adam McMurtry commented, "One of the best things about this contest was Crexendo's execution. They taught us how to build a business from nothing, and get web presence in just 3 months. The execution on awards and prizes was incredible." Adam still operates his site and maintains a #1 position in his search rankings using what he learned from Crexendo. His site, www.SimplifyEngineering.com , sells a plug-in for Microsoft Excel that automatically converts units of measure. Perhaps the best example of lasting effects from the contest is its winner, Brady White. He and his teammate, Kyle Klein, built the site www.NoteSync.com to sell a computer application Brady had created. Since then they've had over 60,000 downloads and have signed on as an early partner in the Adobe Melrose project. It will enable them to sell their application as part of an Adobe storefront with other top applications. Third-place winner Devin Collier was working in marketing part-time while attending BYU and decided to build a website for a local chiropractor. He still operates a similar site because of his experience and says the chiropractor's current success is directly attributable to the Crexendo contest and tools.