CGI Holding Corporation's WebSourced Subsidiary Acquires Smart Interactive; Mike Grehan to Lead UK Search Engine Marketing Initiative.RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C. -- Internationally Renowned Search Engine Marketing Expert, Mike Grehan, Will Spearhead WebSourced's Expansion Into Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. and Europe WebSourced, Inc., a leader in search engine marketing (www.websourced.com) and 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. of CGI CGI in full Common Gateway Interface. Specification by which a Web server passes data between itself and an application program. Typically, a Web user will make a request of the Web server, which in turn passes the request to a CGI application program. Holding Corporation (AMEX AMEX See: American Stock Exchange :THK THK Thick THK Thickness THK Türk Hava Kurumu THK Turk Hava Kuvvetleri (Turkish Air Force) THK Thunk Layer )("Company"), today announced that the Company has acquired the assets of Smart Interactive Ltd. ("Smart Interactive"), a leading provider of search engine marketing services to companies throughout Great Britain and Europe (see www.smart-interactive.co.uk). The terms of the transaction were not disclosed. Based in Newcastle, England, Smart Interactive is led by world-renowned search engine expert, Mike Grehan. He is the author of the best-selling book "Search Engine Marketing" and one of Europe's most recognized and sought-after search engine marketing speakers. Grehan was also recently named one of the UK Internet industry's Top 100 most influential people for the past decade by more than 22,000 members of London-based e-Consultancy. Grehan has more than a decade of experience in the search engine industry and has worked with dozens of FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 100 companies and Fortune 500 corporations. WebSourced is the world's largest search engine marketing company. The Company provides clients with organic search engine An Organic Search Engine is a manually operated search service which uses a combination of computer algorithims and human researchers to lookup a search query. A search query submitted to an Organic Search Engine is analysed by a human operator who researches the query then formats optimization, paid inclusion and pay-per-click advertising services. WebSourced also helps companies secure a well-rounded online marketing presence that will generate new business. The Company's roster of 1,400 plus clients includes such market leaders as Lowe's Home Improvement, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , Black & Decker, DeWALT and CitiFinancial. The acquisition of Smart Interactive will position WebSourced with a full-time, fully staffed UK office. This will set the stage for the Company to expand services in Great Britain and throughout the rest of Europe. "WebSourced is the world's largest search engine marketing company. They approached me with an attractive offer and demonstrated a genuine commitment to emulating the huge success they've had elsewhere, here in the UK and Europe," said Grehan. "Having met the management and staff at WebSourced's headquarters in North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , I was very impressed with the operation. The use of superior proprietary technology at the back end and the professional human touch at the customer end simply endorses the reasons why they have become market leaders." Pat Martin, 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. and President of WebSourced, stated, "Smart Interactive, led by Mike Grehan, is one of the most recognized and trusted names in the UK search marketing industry. With Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3 billion by 2010, this is an important acquisition for WebSourced and one that will allow us to quickly expand our European client base." Martin continued, "No other search marketing company in the world can boast a line-up of experts such as Mike Grehan, Andy Beal, Heather Lloyd-Martin, Jason Dowdell and Garrett French." Added Andy Beal, vice president of marketing for WebSourced, "Mike Grehan is without doubt one of the top search engine experts in the world. His experience, knowledge and excellent reputation among Europe's largest companies, will allow us to become the first U.S. search marketing company to successfully expand into Great Britain and Europe." About WebSourced Founded by CEO and President S. Patrick Martin, WebSourced, Inc. is a global leader in Internet marketing, with its www.KeywordRanking.com service specializing in improving Web site visibility in major search engines. Information on CGI Holding Corporation, which intends to seek shareholder approval to change its name to Think Partnership Inc., and its filings can be viewed at http://www.cgiholding.com. Statements made in this press release that express the Company's or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe", "expect", "intend", "estimate", "anticipate", "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. Other factors that could cause the Company's actual activities, results or performance to differ materially include risks and uncertainties relating to: limited operating history; new business model; historical losses; volatile stock price; difficulty of identifying and closing acquisitions; potential dilution potential dilution The decrease in the proportional equity position of a share of stock that will occur eventually if additional authorized shares are actually issued. ; difficulty integrating acquisitions; difficulty managing growth; availability of skilled labor; dependence on key personnel; lack of long-term contracts; lack of brand awareness; dependence on Internet and telecommunications infrastructure; regulations; dependence on Internet and search engines; competition; future of search engine optimization Designing a Web site so that search engines easily find the pages and index them. The goal is to have your page be in the top 10 results of a search. Optimization includes the choice of words used in the text paragraphs and the placement of those words on the page, both visible and hidden ; taxation; numerous online dating industry risks; need to attract paying members; member acquisition costs; rapid technological change; service interruptions; dependence on affiliates and third party providers; information liability; hurricanes and other catastrophes; issues regarding adult content; physical and emotional safety of users; security breaches; viruses; credit card fraud Credit card fraud is a wide-ranging term for theft and fraud committed using a credit card or any similar payment mechanism as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. ; protection of intellectual property; insider control; no dividends; provisions of Nevada law; and other factors and risks discussed in the Company's filings with the Securities and Exchange Commission. The Company cannot guarantee future financial results, levels of activity, performance or achievements; and investors should not place undue reliance on the Company's forward-looking statements. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. |
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