American Business Information Inc. Prepares for New Name and New Nasdaq Trading Symbols.OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--July 31, 1998--American Business Information Inc. (Nasdaq: ABIIA/ABIIB) announced today that effective July 31, 1998, it will change its corporate name to infoUSA Inc. Effective Monday, August 3, 1998, the listing symbols for the company's Class A Common Stock and Class B Common Stock on the Nasdaq National Market will be changed to "IUSAA" and "IUSAB," respectively. Until the close of the market today, Friday, July 31, 1998, the company will continue to trade under its current symbols "ABIIA" and "ABIIB." As a result of its product and service enhancements, the company announced earlier this week its plans to change its corporate name to infoUSA Inc. "This was the next step in our strategic expansion," remarked Vinod Gupta, chairman and chief executive officer. "For several years, American Business Information has been broadening its core business database to also include a consumer database and database marketing services. The new name and Nasdaq trading symbols Trading symbol See: Ticker symbol are simply a more accurate portrayal of all the products and services we now offer." American Business Information Inc. is a leading provider of business and consumer marketing information products and data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Nearly two million customers rely on this information for market research, customer analysis, sales leads A sales lead is the identity of a person or entity potentially interested in purchasing a product or service, and represents the first stage of a sales process. The lead may have a corporation or business associated with the person(s). , direct mail, telemarketing telemarketing, the practice of selling goods or services to customers by means of the telephone or of surveying consumer preferences in telephone conversations. and credit reference. The company headquarters are located at 5711 South 86th Circle, PO Box 27347 Omaha, NE 68127-0347. American Business Information Inc. can be contacted at (402) 593-4500 or on the World Wide Web at www.infoUSA.com.
CONTACT: American Business Information
Shelly Vaughn
Phone: (402) 596-8929
Fax: (402) 537-6197
E-Mail: ir@abii.com
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