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Avenue A Appoints New Chief Financial Officer.


Business Editors

SEATTLE--(BUSINESS WIRE)--Sept. 19, 2000

Avenue A (Nasdaq:AVEA AVEA American Veterinary Exhibitors Association ), a digital marketing optimization company (www.avenuea.com), today announced the appointment of Michael Vernon Michael 'Mike' Vernon A.M. (2 April 1932 – 6 November 1993) was a prominent Australian consumer activist. Vernon was born in Portsmouth, United Kingdom in 1932 to John Ernest Vernon (a writer in the Royal Navy) and Caroline Vernon (nee Clark) (later a cryptologist in the  to the position of chief financial officer.

Vernon replaces Robert Littauer, who will continue as a consultant to Avenue A during the transition period.

"We are excited to add Michael to the Avenue A senior management team. His breadth and depth of experience will be of tremendous value to the organization as we continue to add new clients, expand internationally, develop and launch new product offerings, and pursue strategic relationships," stated Brian McAndrews, president and chief executive officer. "Michael has a proven track record of success and I am confident his contributions will help take Avenue A to the next level."

Vernon served most recently as executive vice president, 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.
 and chief financial officer at Park Plaza International in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " . Prior to that, he was executive vice president and chief financial officer at Red Lion Red Lion may refer to:
  • Red Lion (inn), the second most common name for English pubs
  • Red Lion and Sun Society, the former name of the Red Crescent in Iran
  • Red Lion, Pennsylvania
  • Order of the Red Lion
  • San Beda Red Lions
  • Cougar
  • A robot vehicle from Voltron
 Hotels. His additional experience includes senior level positions with businesses engaged in utilities, real estate and hospitality services. Vernon holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in Mathematics and a Master's in Business Administration, both from Stanford University.

Littauer, who joined the company in 1998, is leaving in order to pursue opportunities with earlier-stage companies.

McAndrews commented, "Bob made significant contributions during his tenure with Avenue A, including his role in the company's successful initial public offering earlier this year. He put in place a strong finance and administration organization which will serve the company well as we continue to grow."

About Avenue A

Avenue A, a digital marketing optimization company, enables e-marketers to acquire, retain, and grow customers in all digital media. Using proprietary technology and a unique process of continuous testing, analysis, and optimization, Avenue A focuses on achieving the best possible results and the highest possible return on investment for their clients' campaigns. Clients include Eddie Bauer, Expedia, Microsoft, Gateway, Household Finance and TicketmasterOnline-CitySearch. Avenue A was founded in 1997, and is headquartered in Seattle with offices in London, Paris, Chicago and 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
. Avenue A also offers digital marketing optimization through iballs, 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.
 based in New York. Avenue A and iballs adhere to the NAI See Network Associates.  privacy principles that have been endorsed by the FTC FTC

See Federal Trade Commission (FTC).
. These principles are designed to ensure Internet user privacy. You can learn more at www.avenuea.com.

Certain statements in this press release are "forward-looking statements" within the meaning of the Securities Act of 1933, as amended. Forward-looking statements are based on the opinions and estimates of the management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could affect Avenue A's actual results include, among others, inability to attract new clients and to achieve effective advertising campaigns for existing clients, limited operating history, history of losses, and seasonal fluctuations in quarterly operating results. More information about factors that potentially could affect Avenue A's financial results is included in Avenue A's Form 10-Q Form 10-Q

See 10-Q.
 for the fiscal quarter ended June 30, 2000 filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release.

Avenue A, Inc. has applied for registration of the "Avenue A" and Precision E-mail service marks in the United States and other countries. All other trademarks, trade names or company names referenced herein are used for identification only and are the property of their respective owners.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 19, 2000
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