20 Year Wireless Industry Veteran Appointed President of LifeMinders Wireless.Business and Technology Editors HERNDON, Va.--(BUSINESS WIRE)--July 17, 2000 Tim Haley Brings Significant Strategic Vision, Deep Industry Knowledge and Established Relationships that will Fuel Explosive Domestic and International Growth of LifeMinders Wireless LifeMinders, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : LFMN), the leading Web and wireless direct marketing infrastructure company, today announced the addition of Tim Haley as President of LifeMinders Wireless. This new position will maximize the future growth of this rapidly expanding business unit and further deepens the dynamic senior management lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. at LifeMinders. Mr. Haley brings extensive experience and knowledge in wireless to aggressively lead the company's wireless platform unit to the forefront of this explosive industry. He will be responsible for elevating LifeMinders' position as the dominant provider of web and wireless direct marketing to businesses. The Direct Marketing Association predicts that this online direct marketing industry will be $8.6 billion by 2004, and is growing 46 percent annually as the offline $176.5 billion direct marketing market moves to take advantage of these new digital channels. A 20-year veteran of the wireless and telecommunications industries, Mr. Haley brings to LifeMinders extensive operating and management experiences from numerous wireless carriers, including leaders such as Nextel, McCaw Cellular, Metromedia/Southwestern Bell, and Motorola. Mr. Haley possesses an insider's knowledge of the critical metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. involved in managing a thriving wireless business. His unique achievements and perspectives have earned him industry-wide recognition as a player who can realize aggressive growth in customers, cash flow, and shareholder value. Most recently, Haley was with CommSite International, Inc, serving as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , where he grew the company's tower portfolio by 300% in 11 months. Under his guidance, carrier contract revenues grew by more than $22.5 million while he initiated strategic negotiations that ultimately led to a merger with publicly traded American Tower Corporation Formed in 1995, American Tower Corporation is a publicly held company (NYSE: AMT) that is a leading owner and operator of wireless and broadcast communications sites in North America. Today American Tower owns and operates over 30,000 sites in the United States, Mexico and Brazil. in June 1999. During his career, he has built a comprehensive knowledge of the wireless sector, including technical project leadership for voice and data network design, build out, and operations. He has proven expertise in financial performance, sales and marketing, employee development, and client services. "With the explosion of the wireless industry, and the huge opportunity of direct marketing to this industry, LifeMinders is uniquely positioned to maximize its personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. platform, its world class expertise and its huge base of both businesses and consumers, to become the category leader," says Mr. Haley. "Over the last 17 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time wireless industry has undergone huge growth as customers continue to seek digital communications Transmitting text, voice and video in binary form. See communications. that will help them manage their busy lives. I expect fantastic demand for the LifeMinders Wireless product, which sends users the most personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. information available directly to their wireless devices. In only a few short weeks, both Metrocall and Bluelight.com have signed up to use the LifeMinders platform to send messages to their customers, and over a quarter of a million people are already receiving wireless messages through these clients. This is only the beginning. I am excited to join LifeMinders at a time when we stand to achieve dramatic expansion." "Tim's extensive knowledge and hard-charging attitude will help make a reality of my vision of LifeMinders as a global leader in web and wireless direct marketing aid Stephen R. Chapin, Jr., Chairman, CEO, and Founder of LifeMinders. "Wireless technologies continue to increase Internet accessibility and provide more venues for direct marketing and delivery of targeted, relevant information. Tim will position us ahead of this curve with his instinctive in·stinc·tive adj. 1. Of, relating to, or prompted by instinct. 2. Arising from impulse; spontaneous and unthinking: an instinctive mistrust of bureaucrats. responses to this competitive industry, and extensive industry contacts, allowing us to move quickly and make tremendous advances." Mr. Haley will assume his post immediately and will report directly to Stephen Chapin. About LifeMinders, Inc. LifeMinders, Inc., (NASDAQ: LFMN), the leading Web and wireless direct marketing infrastructure company, leverages its proprietary personalization technology through three business units: -- LifeMinders.com: the company's consumer product sends free, highly personalized e-mails each week from 16 categories of information to over 16 million members, helping them manage their busy lives. Members receive messages specifically targeted to everything from the breed of their cat or dog, to the make, model and year of their car. LifeMinders.com categories include: Family, Home and Garden, Personal Events, Automotive, Food, Pet, Health and Wellness, Work and Money, Small Business, Diet and Fitness, Travel, Shopping, Holiday Sanity Reasonable understanding; sound mind; possessing mental faculties that are capable of distinguishing right from wrong so as to bear legal responsibility for one's actions. SANITY, med. jur. The state of a person who has a sound understanding; the reverse of insanity. Promotions, LifeMinders Men, LifeMinders Women, and LifeMinders Today. -- LifeMinders Outsourced Personalization Technology (OPT): the outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. of the company's personalization infrastructure, utilized by companies that include: Bell South, Juno, CBS (Cell Broadcast Service) See cell broadcast. MarketWatch, and other leading online and offline companies. LifeMinders has been chosen by the Sydney Organising Committee for the Olympic Games Olympic games, premier athletic meeting of ancient Greece, and, in modern times, series of international sports contests. The Olympics of Ancient Greece Although records cannot verify games earlier than 776 B.C. (SOCOG SOCOG Sydney Organising Committee for the Olympic Games ) to provide the Official Electronic Newsletter for www.olympics.com. -- LifeMinders Wireless: leverages the personalization and targeting capabilities by providing messages directly to the consumer, via cellular telephone, pager or hand-held device. In addition, this unit outsources the product to online and offline companies as well as the telecommunications and wireless industries, to companies which include Metrocall and Bluelight.com. LifeMinders, Inc., LifeMinders.com, LifeMinders, the LifeMinders.com logo and LifeMinders Outsourcing Personalization Technology (OPT) are registered trademarks of LifeMinders.com, Inc. (www.lifeminders.com) This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, which are described in LifeMinder's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. LifeMinders, Inc. undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. |
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