Virtual AdTaker decreases prices due to economy

Online classified ad placement system Virtual AdTaker is lowering its pricing in recognition of “the financial pressures the entire industry is experiencing.”

The price decrease will begin in Q2 and will continue “for the immediate future until the economy improves for all of us.”

“This was not a decision made based on customer requests, but one we felt compelled to offer,” the company said. Virtual AdTaker said both license fees and per-ad fees would be cut, but it did not hint that it was about 8 1/2 percent. “For most customers the discount provides for a free month of the service fees over a calendar year,” it said.

Concurrent with the price drop, Virtual AdTaker is being spun off from its parent company, Dynaxys, a business processing and service company for the mortgage industry based in Silver Spring, Md.

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