New Organizational Structure Accelerates Leverage of Key Businesses FindWhat.com, Inc. (NASDAQ:FWHT), a leading global developer and provider of performance marketing and commerce enabling services, announced today the promotion of Tom Wilde to senior vice president/general manager, FindWhat North America. As part of the Company's next phase of integrating its strategic acquisitions, Wilde will take the lead role as the Company combines its U.S. based FindWhat Network and Primary Traffic Divisions. By combining the strengths of FindWhat's Pay-Per-Click network with those of the primary traffic division, the Company believes it will be able to accelerate the development and launch of several new solutions designed to better enable online publishers to attract new users, retain existing customers and fully capitalize on and benefit from FindWhat's full-page monetization offerings. "Combining FindWhat's Network and Primary Traffic divisions marks the next logical step toward the integration of several strategic acquisitions of the past year," said Craig Pisaris-Henderson, chairman and chief executive officer of FindWhat.com. "Since joining FindWhat.com, Tom has had an immediate and positive impact on our Company, and is the right person to leverage our deep assets across the publisher, advertiser and consumer audiences." Mr. Wilde joined FindWhat.com in October 2004 as vice president and general manager, primary traffic, and was promoted to senior vice president and general manager primary traffic in January 2005. Prior to FindWhat.com, Mr. Wilde was vice president and general manager of search and publishing at Terra Lycos. In this role he was responsible for the creation, execution and management of Terra Lycos' global strategy in search and web publishing. Mr. Wilde's prior professional experience includes serving as a member of the board of directors at Fast Search & Transfer, a software company that develops enterprise search technologies, and as vice president of marketing and channels at FAST. About FindWhat.com, Inc.(R) FindWhat.com creates and offers proprietary performance-based marketing and commerce enabling services that help businesses of all sizes throughout the business cycle in reaching prospects, converting prospects to customers and then retaining those customers. Its marketing division creates online marketplaces where buyers are introduced to sellers at exactly the right moment, when they are searching for products and services on the Internet; this introduction is based on a bid-for-position, Pay-Per-Click or Pay-Per-Call (US only), keyword-targeted advertising service. FindWhat.com offers this service directly to advertisers through the FindWhat.com Network(TM) in the U.S., the Espotting Network in Europe and offers a private label version of this service to large companies and portals worldwide, including Lycos and Mitsui & Co., Ltd. FindWhat.com also operates a merchant services division which includes Miva(R), a leading online platform of software and services for small to medium-sized enterprises (SMEs). With its easy-to-use, highly customizable and integrated browser-based point and click business creation software and a vast partner network, Miva is focused on helping to create and enhance online business and marketing services for SMEs. Additionally, FindWhat.com has a primary traffic division, currently offered through Comet Systems, a leading provider of connected desktop consumer software. More information about FindWhat.com is available on the Company's website at http://www.FindWhat.com. Forward Looking Statements This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "plan," "intend," "believe" or "expect'" or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including without limitation (1) our ability to successfully integrate our recent acquisitions with our other operations, and (2) our ability to develop and successfully market new products and services. Additional key risks are described in FindWhat.com's reports filed with the U.S. Securities and Exchange Commission, including the Form 10-K/A for fiscal 2004, and the most recently filed quarterly report on Form 10-Q. FindWhat.com undertakes no obligation to update the information contained herein. (R)Registered trademark of FindWhat.com, Inc. (TM)Trademark of FindWhat.com, Inc. All other trademarks property of their respective owners.
Findwhat (NASDAQ:FWHT)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Findwhat Charts.
Findwhat (NASDAQ:FWHT)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Findwhat Charts.