24/7 Real Media Adds 50 New Global Search Engine Marketing Clients During the Past Quarter; New Client Engagements Include Canon
September 26 2005 - 6:00AM
Business Wire
24/7 Real Media, Inc. (Nasdaq: TFSM), a pioneer in interactive
marketing and technology, today announced 50 new search engine
marketing ("SEM") clients around the world, evidencing the
company's superior positioning in the fast-growing global paid
search market. New clients include News Interactive, which is one
of Australia's most successful online publishers and the digital
arm of News Limited, News Corp.'s Australian newspaper and related
media operation. Other prominent new 24/7 Search client wins during
the past quarter include top national and international brands such
as Canon, Polaroid, 123credit.com, The Dialog Group,
Fastflowers.com.au, RideGear, Fox-National Geographic, and John
Lewis, a leading U.K. retailer. "Our SEM business is expanding at a
rate that is outpacing the strong growth in the industry," said
David J. Moore, chairman and CEO of 24/7 Real Media. "Leveraging
our industry-leading Decide DNA(TM) technology, we continue to
attract and secure business from some of the world's best-known
brands at an unprecedented rate." Powered by its Decide DNA
technology, 24/7 Search enables advertisers to achieve maximum
return on their SEM investment and offers the only integrated
platform for the management of keyword bids, search content feeds
and organic search relevance. Earlier this year, 24/7 Real Media
demonstrated its reputation for technology innovation as one of the
first to integrate Google AdWords API into its Decide DNA to
provide clients with faster, more efficient search campaign
management tools. The critically acclaimed Decide DNA technology is
recognized globally for its outstanding feature set. In December
2004, the Jupiter Research Constellation Study deemed Decide DNA
the "most advanced bid management technology in the constellation."
In March 2005, Decide DNA received the Platinum European Seal of
Excellence award, which recognizes outstanding achievements in the
field of digital media each year. Lastly, the Company recently
announced that Dentsu, Inc., the largest and most prestigious
advertising company in Japan, had formed a joint venture with 24/7
Real Media to utilize the Decide DNA technology to power SEM
campaigns for Dentsu's more than 6,000 clients, as well as the
broader Japanese market. According to Piper Jaffray and Co,
worldwide paid search revenues will continue to see steady growth
over the next five years, eventually reaching $21.8 billion in
2010. Non-US paid paid search revenues will also grow strongly,
accounting for over 49% of total global paid search revenues by
2010. "24/7 Search continues to achieve significant growth in the
U.S. and a number of international markets, many of which are ahead
of the U.S. in terms of adopting SEM practices and which are
quickly recognizing and embracing the power and efficiency of the
medium," added David Moore. "Our global footprint and close working
relationships with major search engines allow us to deliver maximum
results for clients around the world while encouraging the flow of
more money into the paid search market - a direct benefit to the
search engines." About 24/7 Real Media, Inc. 24/7 Real Media, a
pioneer in interactive marketing and technology, targets and
delivers audiences for publishers and marketers. Our customers
generate increased revenue and profits through media and search
services, coupled with one seamless platform of serving, targeting,
tracking and analytics technologies. The company is headquartered
in New York, with offices in other major U.S. cities, Canada,
Europe and Asia. For more information, please visit
www.247realmedia.com. 24/7 Real Media: Delivering Today. Defining
Tomorrow. Caution concerning forward-looking statements: This news
release includes certain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on management's current expectations and
are naturally subject to uncertainty and changes in circumstances.
Actual results may vary materially from the expectations contained
herein due to changes in economic, business, competitive and/or
regulatory factors. More detailed information about those factors
is set forth in our filings with the Securities and Exchange
Commission. In addition, the following factors, among others, could
cause actual results to differ materially from those described
herein: the potential for impairment of relationships with
employees or major customers, loss of faith in Internet
advertising, international risks, regulatory risks, and other
economic, business, competitive and/or regulatory factors affecting
the businesses of 24/7 Real Media. All information in this release
is as of September 26, 2005. The Company is not under any
obligation to (and expressly disclaims any such obligation to)
update or alter its forward-looking statements whether as a result
of new information, future events or otherwise.
24/7 Real Media (NASDAQ:TFSM)
Historical Stock Chart
From Jun 2024 to Jul 2024
24/7 Real Media (NASDAQ:TFSM)
Historical Stock Chart
From Jul 2023 to Jul 2024