MyPoints Site To Be Redesigned

On Thursday, United Online (current owner of MyPoints.com) held their regular quarterly conference call with stock analysts. The full transcript is here.

Mark Goldston, United Online's CEO, said that "The team at MyPoints performed exceptionally well this year...and we are very proud of them." He went on to say that their goal is to "significantly enhance the MyPoints.com website, to make it a more compelling destination shopping site, while emphasizing the fact that there are very few categories of products that you would be purchasing from, which would not be represented by a MyPoints partner," and that to do this they've hired an outside firm to do the site redesign.

"Our goal is to be in beta over the next couple of months with a new design on MyPoints and to ultimately re-launch an exciting new MyPoints to the world later in 2007," said Goldston.

I think it's also noteworthy that United Online's net profit for the last quarter of '06 were down 63% from the same quarter in '05. For the full year of 2006, their net profit was down 10% compared to 2005.

Thanks to SeekingAlpha.com for the transcript.