Released on: August 8, 2008, 6:03 am

Press Release Author: Matthew Johnson

Industry: Financial

Press Release Summary: Popular comparison website Bullhorn.co.uk is considering
selling up due to the adverse effects of the global credit crunch.

Press Release Body: Bullhorn.co.uk is announcing it's intensions to sell and is
requesting offers from interested parties, any parties considering investing will
also be considered.



Bullhorn.co.uk is a comparison website with a strong internet presence, over the
phone comparison services and is also a taxi insurance brokerage. The business
initially focused on offering car insurance comparison services and has expanded
into offering home, van and bike insurance comparison services, as well as offering
a call back service for comparing taxi insurance. The business also offers
comparison on a range of broadband services from major providers and over 40,000
mobile phone products.



The revenue streams for the business come primarily from affiliate schemes,
reselling schemes, selling lead data and commission on insurance related services.
These are proven sustainable revenue streams that have led to consistent growth and
steady profits, as well as low overheads.



Most of the initial investment required in establishing the company went into the
development of comparison technologies and internet marketing. As a result
Bullhorn.co.uk has a strong internet presence and extremely flexible technological
comparison services -which are powered using XML and XSL technologies. These
advances have led to full XSD incorporation of third party data providers (SSP,
OpenGI, CDL and proprietary systems) with a development timescale of just a few
days.



The reason for the sale of the business and invitations to invest is that the
private investors of the company have sustained heavy losses in other business
ventures due to credit crunch related issues, and have thus led to reduced
investment in marketing for Bullhorn.co.uk. As a result the business owners feel
they don't have the financial capability to market the Bullhorn brand on the scale
it needs.


Web Site: http://www.bullhorn.co.uk

Contact Details: Bullhorn, Unit 4, Whalley Range Business Park, Blackburn,
Lancashire, BB1 6DG