AGENCY.COM and Spiral Media Merge, Strengthening Leadership in the Interactive Industry; International firm keeps growing with third merger in three weeks.NEW YORK--(BUSINESS WIRE)--June 4, 1998--AGENCY.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. announced today that it has taken a 100% ownership stake in and merged with Spiral Media, the New York-based Internet and digital media communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. . The agreement is expected to strengthen AGENCY.COM's position in the interactive marketing industry by combining proven leadership, world-class Fortune 500 clients, as well as creative and technical excellence. "In order for us to meet the expanding needs of all of our clients, we welcome the addition of Spiral Media's strategy and technology to our global network of resources," said Chan Suh, 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. of AGENCY.COM. "Spiral Media has proven to be a truly innovative group of people that achieves the level of excellence to which we are accustomed." Spiral Media will become a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of AGENCY.COM and will operate as Spiral Media, an AGENCY.COM company. Art Williams Arthur T. Williams (born September 29, 1939 in Bonham, Texas) is an American former professional basketball player. A 6'1" guard from California State Polytechnic University, Pomona, Williams played seven seasons (1967-1974) in the National Basketball Association as a member , CEO of Spiral Media will take on the additional role of Executive Vice President, Operations for AGENCY.COM. "We've always viewed AGENCY.COM as the premiere online communications company," said Art Williams. "We see this merger not only as a benefit to Spiral Media, but to our clients as well. They will now have access to a larger wealth of resources and services." "This relationship can only complement the work that we are doing with Spiral Media, and we look forward to taking full advantage of the strength of a global network," said Kevin Schroeder, Business Manager, Unilever Consumer Services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals, , North America. AGENCY.COM first joined forces with Spiral Media in June 1997, after purchasing a substantial stake in the company. AGENCY.COM recently announced mergers with Online Magic and Interactive Solutions, forming an interactive powerhouse with over 375 employees with offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Boston, San Francisco, Dallas and London. AGENCY.COM has projected revenues of $60 million in 1998. Founded in 1995, Spiral Media currently has 42 employees in their New York office and handles such clients as Reuters, AT&T, React, Nickelodeon, Oppenheimer Funds, Xerox, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. and Unilever. Spiral Media is a strategy, design and technology company, focused on smart Internet solutions for business. Founded in 1995, AGENCY.COM is an interactive relationship management firm that provides a complete range of strategic, creative, and technical services. The new AGENCY.COM network will serve some of the world's leading corporations including ACE, American Express, AT&T, Boots the Chemist, BMG BMG Bundesministerium für Gesundheit (Germand: Federal Ministry for Health) BMG Be My Girl BMG Blue Man Group BMG Bertelsmann Music Group BMG Be My Guest BMG Browning Machine Gun BMG Bulk Metallic Glass Interactive, British Airways, BT, General Motors, Glaxo Wellcome, GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , Harvard Pilgrim Health Care, Hewlett-Packard, Hitachi America, Lucent Technologies, Malden Mills, MetLife, Nationwide Insurance, Nickelodeon, Oppenheimer Funds, PBHG Funds, Inc., Putnam Investments, Prudential, Reuters, Showtime Networks, The Economist Group, Uncle Ben's, Unilever and Xerox. -0- AGENCY.COM is a full-service interactive relationship management firm based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , that designs and builds Web venues and intranets for a diverse group of travel, financial and consumer business-to-business companies. Founded in January 1995, AGENCY.COM has over 375 employees and offices in New York, Boston, San Francisco, Dallas and London. AGENCY.COM has projected revenues of $60 million in 1998. The new AGENCY.COM network will serve some of the world's leading corporations including ACE, American Express, Boots the Chemist, BMG Interactive, British Airways, BT, General Motors, Glaxo Wellcome, GTE, Harvard Pilgrim Health Care, Hewlett-Packard, Hitachi America, Lucent Technologies, Malden Mills, MetLife, Nationwide Insurance, Nickelodeon, PBHG Funds, Inc., Putnam Investments, Prudential, Reuters, Showtime Networks, The Economist Group, Uncle Ben's, Unilever and Xerox.
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