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CorpHQ Appoints Internet Veteran to Board of Directors; Co-Founder of 24/7 Media Adds Wealth of Experience to CorpHQ's Online Small-Office/Home-Office Community.


LONG BEACH, Calif.--(BUSINESS WIRE)--July 22, 1999--

A pioneer of Internet marketing See Internet advertising.  and new media has joined CorpHQ Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:COHQ) as a member of its board of directors and a consultant to the firm.

Greg O'Brien, a co-founder and former vice president of 24/7 Media, will help direct CorpHQ's future growth and development. Publicly traded 24/7 Media (Nasdaq:TFSM) is generally considered one of the world's largest and most innovative Internet advertising Delivering ads to Internet users via Web sites, e-mail, ad-supported software and Internet-enabled cellphones. Also called an "ad network," Internet advertising organizations act as a middleman between the advertiser and the Web sites and software publishers that display the ads.  companies, credited with developing banner advertising Banner Advertising

A common form of advertising on the internet. The banner is an advertisement of 460x68 pixels, usually placed at the top of the page

Notes:
For an example, just look at the top of a page on almost any popular web site.
 in the mid- mid-
pref.
Middle: midbrain. 
 1990s and forever changing the nature of media and online communications.

"Greg is a true Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 icon and luminary in new media. His decision to join with CorpHQ represents a major coup for our company as we emerge as the dominant online player in the small-office/ home-office space," said Steve Crane, chairman and co-founder of CorpHQ.

"Greg's rich understanding of online marketing, his proven track record developing Internet companies, and his high-level industry contacts provide a tremendous competitive advantage for CorpHQ as we move forward."

O'Brien held various management positions with 24/7 Media, a company he co-founded in 1997. Most recently, he served as vice president and director of Sales and West Coast Operations for the Nasdaq-listed company.

During his tenure at 24/7 Media, O'Brien contributed to its growth by creating key distribution channels with some of the Internet's largest marketers, including Earthlink.net, MapQuest.com, AT&T, Microsoft, Travelscape.com and others.

With CorpHQ, O'Brien will focus on developing key strategic partnerships with major technology and online companies as well as developing critical marketing alliances in order to grow the CorpHQ online community.

"CorpHQ represents one of the most important Internet initiatives I have seen in the past two years," said O'Brien. "It provides a single location for this nation's 43 million small-office/home-office professionals to meet online and build their businesses.

"The small-office/home-office market is one of the most vibrant in the new American economy. Better than any other online player, CorpHQ is positioned to tap this market through a community that serves its constituency, not simply sell or promote to it."

Prior to co-founding 24/7 Media, O'Brien worked as a vice president and West Coast director of Sales and Operations for Katz Millennium Marketing, the New York-based interactive-media firm.

Earlier in his career, O'Brien worked for CBS (Cell Broadcast Service) See cell broadcast.  and Katz Media Corp. in a variety of sales and marketing positions. As a consultant, O'Brien has worked with some of the world's largest advertising firms, including Young and Rubicam, Ogilvy and Mather, J. Walter Thompson Walter Thompson refers to:
  • Walter H. Thompson, bodyguard of Winston Churchill for eighteen years between 1921 and 1945.
  • Walter P. Thompson, President of the University of Saskatchewan 1949-1959.
, Bozell, Saatchi and Saatchi, as well as DMB&B.

About CorpHQ

CorpHQ is the creator and operator of CorpHQ.com, a membership- based, award-winning portal that allows small and home-based business owners to network among themselves, uncover work opportunities and receive significant discounts on a range of products and services they need to operate their businesses.

The Web site's reverse auction, V-BUY, allows companies to post work assignments for CorpHQ members to bid on. CorpHQ plans a national launch of its Web site, complete with new user interfaces and improved member functionality, in October 1999. The company is publicly traded on the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
.

For more information, visit http://www.corphq.com or contact Greg Matusky or Peter Winicov at Gregory Communications Inc., 610/642-8253.

For investor relations Investor relations

The process by which the corporation communicates with its investors.
, visit http://www.internetstockmarket.com/corpprof/c/cohq.html or contact Steven Glazer, VP-Investor Relations, at 212/258-2520.

This news release contains certain forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
, which may involve certain known and unknown risks, uncertainties and other factors not under the company's control. Such risks and other factors may cause the actual results, performance and achievements of the company to be materially different from the statements made herein. Such forward-looking statements should not be relied upon by investors in making a decision whether or not to invest in the company.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 22, 1999
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