Printer Friendly
The Free Library
19,607,053 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Engage Adds Internet's Second Largest Auction Site to Roster of Ad Serving Customers -1-.


Business/Technology Editors

ANDOVER, Mass.--(BUSINESS WIRE)--Feb. 4, 2002

uBid Selects Engage's AdBureau Solution to Maximize Advertising

Campaign Effectiveness

Engage, Inc. (Nasdaq: ENGA), a leading ad serving and enterprise marketing software company, today announced an agreement with uBid, Inc., a leading retail auction and e-commerce marketplace, to deploy Engage's interactive advertising solution, AdBureau, to improve uBid's ad serving capabilities. In addition, the AdBureau solution will enable uBid's advertisers to maximize the effectiveness of their advertising campaigns for delivery to uBid's more than 3 million registered users.

"With more than 12,000 products spanning 16 different product categories and more than 10 million Auction Alert emails sent to our customers monthly, uBid needed a powerful, flexible, and proven ad-serving solution that could quickly and cost-effectively promote and help move volumes of product," said Alan Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, senior vice president of marketing, uBid. "We selected the Engage ad-serving solution because it offers a dynamic feature set with the ability to create, target, track, and effectively deliver ads."

Engage's AdBureau solution is an ideal alternative for organizations that choose an outsourced rather than an in-house service such as Engage's AdManager solution. Based on the same technology as AdManager, the AdBureau solution offers robust functionality, such as real-time, advanced campaign reporting Campaign Reporting

The Cost Per Acquisition or Cost Per Action, is a form of buying advertisements where an advertiser pays only when an action has occurred. The action could be a purchase being made, a form being filled out, etc.
 functions; automatic, intelligent campaign delivery; and robust inventory management. In addition, the AdBureau solution offers highly sophisticated keyword targeting and other advanced targeting capabilities such as compound demographic targeting and accurate geo-targeting. Other advanced capabilities of the AdBureau solution include tracking beyond the click, comprehensive support for rich media delivery and ad serving to email and wireless devices.

"We are very pleased to provide outsourced ad-serving services for the Web's second largest auction site," said Christopher Cuddy cud·dy 1  
n. pl. cud·dies
1. Nautical A small cabin or the cook's galley on a ship.

2. A small room, cupboard, or closet.



[Origin unknown.
, 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. , Engage. "In addition to offering a sophisticated outsourced ad-serving service for uBid's current needs, we're pleased to offer uBid the flexibility that accompanies the AdBureau solution. The AdBureau solution will enable a seamless transition to Engage's in-house ad-serving solution, AdManager, should uBid's business model dictate that need. Because the AdBureau and AdManager solutions are based on the same technology, migrations are time and cost effective."

During the 2001 holiday shopping season(2) uBid demonstrated solid year-over-year growth, highlighting a 30 percent jump in user registrations; a 45 percent increase in credit card registrations; a 68 percent increase in page views, and a 34 percent increase in bids received - all versus same period last year. In addition, uBid noted that it continued to expand its inventory with more than 34 million items available on the site for auction, an increase of 465 percent compared to the same period last year, and reported nearly one million new consumer-to-consumer items posted daily during the 2001 holiday shopping season.

About Engage

Engage, Inc. (Nasdaq: ENGA) is a leading ad serving and enterprise marketing software company and a majority-owned operating company operating company

A business that engages in transactions with outsiders.
 of CMGI CMGI Commonly Maintained Grounds Infrastructures
CMGI College Marketing Group Information (Services) 
, Inc. (Nasdaq: CMGI). Engage's content management products are designed to enable companies to harness the power of multichannel marketing Refers to using several methods to sell products and services. The term has become popular since the advent of the Web, because it adds a prominent new channel to storefronts and catalog sales. One consideration of multichannel marketing is that each channel reinforce the other.  to create more loyal customers and increase brand visibility and recognition, while the company's versatile and scalable online ad management solutions provide interactive publishers with a competitive advantage by enabling them to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 new revenue streams and improving operational efficiencies. Based in Andover, Massachusetts, Engage has European headquarters in London and offices worldwide. For more information on Engage, please call 877-U ENGAGE or visit www.engage.com.

Engage, AdBureau and AdManager are trademarks of Engage Inc. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective owners.

About uBid

uBid, a majority-owned operating company of CMGI, Inc., is a leading retail auction and e-commerce marketplace that offers consumers and businesses three ways to buy and sell. The company's Internet auctions feature a rotating ro·tate  
v. ro·tat·ed, ro·tat·ing, ro·tates

v.intr.
1. To turn around on an axis or center.

2.
 selection of more than 12,000 products daily in 16 different product categories, providing consumers and small to mid-sized businesses with the opportunity to purchase a wide range of brand name merchandise, often at greatly reduced prices, through live-action bidding. Product categories include computers; computer peripherals; computer components; home office; housewares house·wares  
pl.n.
Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen.
; sports and hobbies; jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion.

The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring.
 and gifts; accessories; off-lease computers; consumer electronics; digital cameras and video; apparel and linens; home improvement; travel and events; collectibles; and everything else. In addition to uBid's own auction listings or uBid Direct, uBid features uBid Preferred Partner auctions in which consumers will find products listed by uBid-approved businesses and backed by uBid or brand warranties. Users can also buy or sell products through uBid's Consumer Exchange, in which consumers list their items for auction with no listing fee.

With more than 3 million registered users, uBid is committed to providing its customers with the highest quality auction experience on the Internet and offers supplier warranties on most consumer products. uBid also meets Better Business Bureau Online standards, which gives customers the confidence and security to bid safely online. For more information, visit the company's Web site at www.ubid.com.

Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  

This release contains 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 address a variety of subjects including, for example, the expected benefits of the agreement between uBid and Engage and the expected interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other.  of the technologies and products of uBid and Engage. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uBid's products and technologies may not successfully interoperate See interoperable.  with those of Engage or third parties; consumer preferences for the products offered by uBid may change rapidly; uBid's success depends on the continued and increased acceptance of its website and the Internet as a medium; and increased competition and technological changes in the markets in which uBid competes. For a detailed discussion of these and other cautionary statements, please refer to CMGI's filings with the Securities and Exchange Commission, including Engage's and CMGI's Quarterly Reports on Form 10-Q Form 10-Q

See 10-Q.
 for the most recently ended fiscal year.

This press release includes forward-looking statements about Engage, including statements regarding the benefits uBid will derive from using our products. These forward-looking statements are based on information available to Engage as of the date of this press release, and not as of any subsequent date, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. For example, marketers using Engage's products may fail to realize the intended benefits of cost savings and efficiency enhancements. Other risks that could affect Engage, include Engage's ability to reduce expenses and to increase sales of its product offerings, the impact of competition within our industry, our ability to enter into additional strategic relationships, and other risks detailed in Engage's 2001 Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and from time to time in our other reports filed with the SEC. While Engage may elect to update forward-looking statements at some point in the future, Engage specifically disclaim dis·claim  
v. dis·claimed, dis·claim·ing, dis·claims

v.tr.
1. To deny or renounce any claim to or connection with; disown.

2. To deny the validity of; repudiate.

3.
 any obligation to do so, even if the information available to it with respect to the subject of any forward-looking statement changes.

(1) According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Media Metrix, uBid is the 2nd most visited auction site on the Internet

(2) Holiday Shopping Season - Friday, November 23 - Monday, December 24, 2001
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 4, 2002
Words:1191
Previous Article:Minolta Introduces Three New Freedom Zoom 35mm Point-and-Shoot Cameras.
Next Article:Adeptra and Categoric Partner to Enhance Event Monitoring and Personalized 2-Way Alerting Capabilities.
Topics:



Related Articles
DoubleClick Adds About.com to DART's Client Roster.
E-COMMERCE.
uBid.com Chooses AdForce for Ad Management and Delivery Services; Leading Online Auction Site Optimizes Ad Management with AdForce Technology.
Engage And Unicast Expand Relationship For Distribution of SUPERSTITIAL Advertising.
Engage and ZenDawg Provide Online Marketers With a Combination of Ad Management and E-Commerce Solutions.
BRINGING ONLINE AG ADVERTISERS AND PUBLISHERS TOGETHER.
Engage Bolsters Ad Serving Client Roster with AdBureau Wins; AdBureau Serves Record Number of Ads In November and December 2001.
Engage Ad Serving Customers Extend Support for AdManager; Customers Augment Advertising Service Offerings by Extending Licensing Agreements and...
ACROSS THE BOARD.
The Excite Network Expands Use of AdManager; Fifth Largest Web Property Turns to Engage AdManager to Handle Increased Ad Volume Following Acquisition...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles