Accipiter Responds to Customer Demand by Expanding into New Markets and Online Mediums; Increased Demand and Exceeded Sales Projections Result in New Office Space and Infrastructure Growth.LONDON & RALEIGH, N.C. -- Accipiter Solutions, Inc., an online advertising technology innovator since 1996, today announced the company has branched into new market opportunities in response to growing customer demands. Primarily focused on empowering Web publishers, media networks, and eTailers to maximize their online ad revenue stream, Accipiter has increased its presence in growing markets and mediums such as eCommerce, streaming audio/video, blogging Writing Weblogs. See blog. , RSS feeds Summaries of Web site content that are published in the RSS format for download. See RSS. and podcasting Recording a non-music audio broadcast (news, sports, discussion, etc.) in the MP3 format for playback in a digital music player. See podcast. , internet on airlines, wireless networks, and grassroots-based efforts such as "citizen journalism News and commentary from the public at large. Using wiki sites and blogs, anyone can contribute information about a current event. Also known as "collaborative citizen journalism" (CCJ), "grassroots media" and "personal publishing," the concept behind citizen journalism is that many " sites. Accipiter notes a developing trend with new and existing customers who are trying to extend their ad inventory into more non-traditional media sources such as those described above. An increasing number of online users are turning to these innovative sources for news and information. As a result, mainstream media sources are offering these unique alternatives in an effort to maintain readership read·er·ship n. 1. The readers of a publication considered as a group. 2. Chiefly British The office of a reader at a university. rates. From the online advertising industry's perspective, increased demand and popularity for these non-traditional media sources are beginning to drive available online advertising dollars. In response, Accipiter customers require more ad inventory to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. what media sources are projected to spend in these areas. After receiving a $2M capital infusion Capital infusion Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions. earlier this year, Accipiter has been on an accelerated growth track as compared to other industry players, increasing industry awareness, developing new technologies, and building a strong infrastructure. Accipiter initially estimated a 30% employee growth plan for the year. However, Accipiter's employee infrastructure has already grown 50% over the course of this year. Accipiter's latest hire is a new VP of client services, Ken Kelly Ken W. Kelly (born 1946)[1] is a fantasy artist.[2] Over his 30-year career, he has focused in particular on paintings in the sword and sorcery and heroic fantasy subgenres. Early in his career he trained under the famous Frank Frazetta. . Ken has over 30 years of experience in the technology arena and will be responsible for leading customers through the implementation process and continuing to support them post-launch. With a stronger management team in place, Accipiter expects to take advantage of these new market opportunities and grow its profitability margin even more. Accipiter continues to post strong fiscal quarters by pulling in key customer wins, tier/version upgrades, and existing customer contract renewals. The company has acquired a record number of new customers over the past two quarters. New customer acquisition has also resulted in an 86% rise in the number of ad impressions served using Accipiter Hosted technologies over the past six months. In addition, a large percentage of customers have renewed their contractual agreements over the course of the year, increasing the number of ad impressions served using Accipiter technology to over 50 billion per month. Accipiter's growing business has generated a need for infrastructure changes including new office space. Accipiter recently signed a lease to expand into new office space within their same Raleigh, NC headquarters, increasing available space by 50%. "We expect to grow our business by up to 70% this year," said Brian Handly, Accipiter 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. . "As our customers continue to expand into new markets and ad serving opportunities, we will be ready to support all of their growing needs - helping us continue that significant growth pattern into next year as well." For more company or product information, please visit http://www.accipiter.com. About Accipiter Based in Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. and London, UK, Accipiter, an online advertising technology leader since 1996, empowers Web publishers, media networks, and eTailers to maximize revenue and reduce costs through innovative online ad management and behavioral targeting Delivering ads based on a user's habits. If a customer registers with an e-commerce site to make a purchase, those sales along with the user's site navigation history are often stored and analyzed to make targeted offers the next time. technologies. Accipiter's industry-leading products provide effective campaign management and optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. , accurate inventory forecasting, up-to-the-minute reporting, precise audience targeting, and the ability to easily deliver and track any rich media format - all in real-time. With more than 350 customers worldwide, over 50 billion online ads are served each month using Accipiter technologies. Accipiter's experienced staff delivers solutions, services, and world-class support that help customers future proof their investments as their business needs evolve. For more information, please visit www.accipiter.com. AdManager is a trademark of Accipiter Solutions, Inc. All other company and product names may be trademarks or service marks of the company with which they are associated. |
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