Need help with a marketing challenge

> With this site, you get to rate a provider
> and view how other people rate that
> provider. On phone book, all you get is
> phone number and company name. With our
> site, a company can put up more information
> in a profile format to attract customers.
> Phone book is non-updatable while our site
> allows instant update of any information.

I can see the need/use to be able to rate suppliers/services and to see how others rate them. This is just for a limited geographic region correct? I just want to make sure of that fact.