Article: NBG Radio Network, Inc. Reports Revenue Growth; Gross Revenues Increase 19% for the 3rd Quarter 2001.

Business Editors

PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 16, 2001

NBG Radio Network, Inc. (NBG) (OTCBB:NSBD) today announced that for the ninth straight quarter the Company has increased total revenues when compared to revenues from the same period the previous year.

For the three months ended August 31, 2001, consolidated gross revenues increased $581,018, or 19% to $3,688,150. For the nine months ended August 31, 2001, consolidated gross revenues increased $1,870,167, or 22% to $10,364,171. This increase was due to the Company's acquisition of sales representation agreements and new programming, thus increasing the commercial broadcast time ...

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