Bidder's Edge Names Ask Jeeves' President Adam Klein to Board of Directors; Klein to Provide Counsel on Online Auction Portal's Strategy and Positioning.Business/Technology Editors BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 18, 2000 Bidder's Edge, Inc., a leading provider of information, tools, and services that make it easy to find and acquire products offered through online auctions and exchanges, today announced the appointment of Adam Klein, president of Ask Jeeves Noun 1. Ask Jeeves - a widely used search engine accepting plain English questions or phrases or terms trademark - a formally registered symbol identifying the manufacturer or distributor of a product , Inc. (Nasdaq: ASKJ), to its Board of Directors. "Adam brings to Bidder's Edge more than 20 years of business management and consulting experience," said James Carney, president and 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 Bidder's Edge. "His knowledge of corporate strategy and positioning of Internet brands on a global scale will be of great value as Bidder's Edge explores new markets for its auction technology and services." Prior to joining Ask Jeeves in August 2000, Klein worked with a number of early-stage Internet companies as board member and advisor, including GetConnected.com and Nearlife, Inc., among others. Previous to this, Klein served Hasbro Inc. (NYSE NYSE See: New York Stock Exchange : HAS) as executive vice president and president of global marketing. Among many accomplishments, he grew Hasbro's revenues and operating profits while also growing the company's successful Hasbro Interactive Hasbro Interactive was a video game production and publishing subsidiary of Hasbro, the large game and toy company. Hasbro Interactive was formed late in 1995 in order to compete in the computer and video game arena. division. Prior to Hasbro, Klein served as CEO of Boumat Ltd., a $1 billion South African manufacturing and retail distribution company, and as a management consultant at the Boston Consulting Group (BCG BCG bacille Calmette-Guérin. BCG abbr. 1. bacillus Calmette-Guérin 2. ballistocardiogram BCG, n.pr See bacille Calmette-Guórin. ). Klein has also lectured at Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. and founded his own consulting business, which focused on managing growth at complex organizations, including General Electric Aircraft Engines, Rochester Telephone Rochester Telephone Company (not to be confused with RTC of Rochester, Indiana) was for most of the 20th century, the sole phone company servicing Rochester and surrounding counties in upstate New York. Co., Schlumberger Ltd., and Volvo. Klein earned a Doctorate in Business Administration (DBA) and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Harvard Business School. His undergraduate studies were at the University of Witwatersrand in Johannesburg, South Africa. About Bidder's Edge Bidder's Edge Inc. pioneered the online auction aggregation business with the launch of its Web site in November 1998. Bidder's Edge enables online auction users to easily find up-to-date information on the large majority of the items available at auction, including status of current bids and historical pricing. The company enables users to obtain auction information from more than 200 sites, covering in excess of 7.5 million items. Bidder's Edge also evaluates the retail auction sites it searches and indicates to consumers, with a special Trusted Auction icon, those sites that provide a safe, quality auction service. When consumers locate an item they want to bid on or receive more information about, they are linked directly to the auction site. InformationWeek named Bidder's Edge one of the 100 most innovative practitioners of e-business in the New Economy. Bidder's Edge is headquartered in Burlington, Mass. |
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