Mamma.com Inc.: Announcement
January 11 2006 - 4:12PM
Business Wire
Mamma.com Inc., (the "Company"), (NASDAQ: MAMA), announced today
that it is unaware of any undisclosed material developments with
respect to its business affairs that might account for the high
volume and price volatility occurring today in trading of its
common shares. The Company previously announced that on December
22, 2005, Mamma acquired Copernic Technologies Inc. About Mamma.com
Inc. Mamma Media Solutions(TM) is focused on providing first-rate
quality information retrieval on the Internet through its
metasearch engine and is a leading provider of integrated marketing
solutions to online advertisers. Mamma.com The Mother of All Search
Engines(R) (www.mamma.com) is one of the most popular metasearch
engines on the Internet, as it makes it easier and faster for
people to find information by gathering the most relevant results
from the best search engines on the Internet. Mamma Media
Solutions(TM) is equally focused on being one of the leading
providers of online marketing solutions to advertisers as its
integrated offer includes keyword search listings, and numerous
sizes of graphic ad units. Mamma Media Solutions(TM) maintains a
large publisher network on which it distributes search and graphic
ad units for its advertisers. The Company also holds minority
interests in analog integrated circuit products, and in the new
media and telecommunications sectors. For more information, visit
www.mammamediasolutions.com. Copernic(TM) develops cutting-edge
search and information management solutions that enable home and
business PC users to maximize their information assets and become
more efficient and proactive in their daily lives. Copernic is
dedicated to providing its customers with cost-effective Web and
desktop search technology that enables better decision-making and
increased productivity. All Copernic products feature simple fast
downloading, automatic installation, and the most ease-of-use in
the industry, with unique and powerful product features. For more
information, visit www.copernic.com Statements contained in this
press release, which are not historical facts, are forward-looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are
subject to risks and uncertainties that can cause actual results to
differ materially from estimated results. Such risks and
uncertainties are detailed in the Company's filings with the United
States Securities and Exchange Commission and the Ontario
Securities Commission and include but are not limited to the extent
to which the results of the SEC investigation or the purported
securities class action law suits negatively affect the Company.
The Company expressly disclaims any intent or obligation to update
any description of the scope, focus or subject matter of the
statements in this press release. Mamma.com Inc. (NASDAQ:MAMA)
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