Active Research Names Jeff Dunn as CEO; Tom Dubois Becomes Chairman and COO; Seasoned Silicon Valley CEO Joins the Web's Leading Market Intelligence Firm.Business Editors & High Tech Writers BURLINGAME, Calif.--(BUSINESS WIRE)--Aug. 28, 2000 Active Research Inc., a provider of Web-based market intelligence services, today announced the appointment of Jeff Dunn as its new chief executive officer. He replaces the company's co-founder Tom DuBois, who becomes chairman and COO (Cell Of Origin) See mobile positioning. of the company. Dunn will also serve as a member of Active Research's board of directors. Dunn, 47, is a veteran 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. who has previously served as chief executive officer for three other companies, one of which he founded and successfully brought through the initial public offering process. Most recently he was CEO of Velogic, an Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the load-testing start-up he helped build and sell to Keynote Systems Keynote Systems, Inc. provides measurement and monitoring, service level and customer experience management services to customers to improve e-business performance by reducing costs, improving customer satisfaction and increasing profitability. . He joined Velogic from Enterpriselink Technology Corporation, an Internet enterprise software company where he served as president and CEO. Under his guidance, Enterpriselink increased shareholder value by more than $31 million in five months, and subsequently increased the value of the company that acquired Enterpriselink by $300 million. Dunn was also CEO and Chairman of the Board of AccelGraphics, a company he founded and grew to become the 8th fastest growing public company in SiliconValley in 1997. Within its first eight quarters the company grew revenues to $33.5 million and achieved profitability. Dunn sold the company to Evans & Sutherland, returning 400% to original shareholders. Dunn also has extensive sales and marketing experience, having been a V.P. of Marketing at both Kubota Graphics and Microcon Computer and VP Sales at Cygnet cygnet a young swan. . No stranger to high tech, he has spent the last 20 years in the technology world. He holds a M.B.A. from Babson College Babson College, located in Wellesley, Massachusetts (zoned as "Babson Park," ZIP code 02457),[1] is a private business school that grants all undergraduates a Bachelor of Science in Business Administration. The F. W. and a bachelor's degree from Colgate University Colgate University Private university in Hamilton, N.Y. It was founded in 1819 as a Baptist-affiliated institution but became independent in 1928. It offers primarily a liberal arts curriculum for undergraduates, with some master's degree programs in arts and teaching. . "What attracted me was the company's track record. The company has built a customer base of leading new economy and old economy companies such as Sony, General Electric, Ford, Etrade, Consumer Reports, Go.com, and Lycos. I am thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to accept this position at a time when the company is poised to take off," said Dunn. "They have created the dominant product comparison engine on the Web that is being licensed by top shopping sites and they have developed a state-of-the-art market intelligence system that is being used by a Fortune 500 customer base. I am expecting tremendous growth and success for us in the coming year. I look forward to working with Tom and the entire Active Research team to help the company achieve its potential." Tom DuBois, 36, co-founded Active Research in 1997. "Achieving rapid revenue growth in the second-quarter of 2000 was an important milestone for us," he said. "Now is the right time to bring in the operational strength to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the opportunities ahead. I'm confident that Jeff's operational depth, experience and proven leadership will enable the company to realize its long-term potential." "I look forward to concentrating on critical activities that will continue to advance Active Research's leadership position as an e-commerce enabler providing market intelligence at web speed," he added. As chairman and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , DuBois will focus on new business initiatives and the long-term strategic direction of the company as well as critical industry partnerships. About Active Research Active Research, recently named a 'Hot 100' company by Upside Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside Magazine, provides Web-based market intelligence services to help businesses attract and understand buyers. The company is the first to offer real-time market intelligence services that enable product manufacturers and retailers to understand and respond to changing customer demands. Market intelligence is generated from the anonymous product preference data of buyers directly at the point of shopping while providing them with customized, unbiased product recommendations. Active Research's Buyer's Guide Network includes the Web's top portals and shopping sites, such as GO Network, iWon, Lycos, Yahoo!, LookSmart, mySimon, Productopia and Dealtime. The company covers over 100 product categories including consumer electronics, computers, appliances, and automotive. Founded in 1997, Active Research is based in Burlingame, Calif. and on the Web at www.ActiveResearch.com and www.ActiveBuyersGuide.com. |
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