ClipsCom, Inc. Announces Acquisition of ithought.com; Companies Leverage Combined Strengths to Accelerate Move to Business and Consumer Markets.Business Editors DALLAS--(BUSINESS WIRE)--June 2, 2000 ClipsCom, Inc., an Internet video-on-demand company, today announced its acquisition of ithought.com, the leading nationwide consumer rating Web site for service businesses. ClipsCom, Inc. and ithought.com, both private companies, will continue to exist as destination Web sites, while also collaborating to develop complementary, innovative and high-value offerings for both consumers and businesses. Under the agreement, Greg Granello, formerly chief executive officer of ithought.com, becomes chief executive officer of ClipsCom. Chris Bowles, founder and formerly chairman, and Cindy Brown Cindy Brown or Cynthia Brown may refer to:
"This acquisition is a natural fit for both ClipsCom and ithought.com," Moti Gura, founder and chairman of ClipsCom, Inc. said. "The combination of our financial, technical and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. will allow us to rapidly build upon and enhance both companies' respective strengths. Our video clip A short video presentation. offerings and their online directory and opinion-driven transaction mechanism immediately strengthen our overall value proposition to more than five million businesses across the country." This move combines ClipsCom's advanced streaming media See streaming audio, streaming video and digital media hub. integration, management, and hosting capabilities with the market power of consumer opinions. Additionally, ClipsCom will continue to offer its premier Web-based streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. solutions to corporations, e-businesses and individuals via private label through Internet distribution partners and affiliate sites. ithought.com will continue its plans to provide direct communication, market data and direct marketing services to the $700 billion national small business market (Source: The Kelsey Group). "Joining ClipsCom extends the potential of ithought.com and vice-versa," said Granello, a video and broadcast industry veteran and now 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 ClipsCom, Inc. "In addition to ratings and consumer opinion offerings, ithought.com can now offer electronic product presentation services, at a compelling price. This combination will undoubtedly fuel our initiatives to further drive offline commerce through online tools and services." About ClipsCom ClipsCom, Inc. is an Internet video-on-demand company providing total solution collection, hosting, and on-demand streaming media content delivery services See CDN. for e-businesses and consumers. ClipsCom's easy-to-use ClipsCorder(TM) client empowers even non-technical users to record and incorporate video content into existing Web sites, furnishing e-commerce merchants, corporate users, and individuals with economical, high-quality Internet video Video material obtained from the Internet. It may refer to streaming video from real time broadcasts, streaming archival material or downloading video files for watching later, all of which are viewed on the computer. broadcasting. From recording and encoding to hosting and archiving, ClipsCom provides all the services customers need to harness the power and richness of streaming video. Founded in May 1999, the company is headquartered in Dallas. For more information, please visit www.clipscom.com. About ithought.com The Yellow Pages Powered by Consumer Opinion, ithought.com allows consumers to promote better neighborhoods by rating and commenting on businesses nationwide. ithought.com provides consumers with ratings, referrals and comments by consumers. Palm VII The Palm VII product family consisted of two products, the Palm VII and the Palm VIIx Palm Pilots. These were produced by Palm, Inc., before it was split into PalmOne and PalmSource. They had antennas for wireless data communication on the Mobitex network under the now defunct Palm. connected organizer(TM) users can also access ithought.com via wireless connectivity. Currently, more than five million businesses are listed in over 400 categories including automotive repair, contractors, day care providers, doctors, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , jewelers and restaurants. Businesses are ranked by value, quality, and performance and compared to others in their category by city or even zip code zip code System of postal-zone codes (zip stands for “zone improvement plan”) introduced in the U.S. in 1963 to improve mail delivery and exploit electronic reading and sorting capabilities. . Founded in January 1998, the company is headquartered in Dallas. For more information, please visit www.ithought.com. |
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