FindWhat.com Announces Craig Pisaris-Henderson as Chairman of the Board.Business Editors/Technology Writers FT. MYERS, Fla.--(BUSINESS WIRE)--Aug. 6, 2002 FINDWHAT.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : FWHT), a leading developer and provider of performance-based marketing services for the Internet, featuring the FindWhat.com pay-for-performance search engine, today announced that 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. Craig Pisaris-Henderson has been appointed Chairman of the Board of Directors. FindWhat.com's Director, Frederick E. Guest II, President of Guest Capital LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and former Chairman of Bessemer Securities Corporation, commented, "Craig's leadership and execution have brought FindWhat.com to the forefront of the performance-based marketing industry from very humble beginnings Humble Beginnings was an American pop punk band from New Jersey. While never gaining large-scale success, many of the band's members went on to mainstream success with other outfits. . The Company has and will continue to rely on his expertise, innovation, and insight to elevate el·e·vate tr.v. ele·vat·ed, ele·vat·ing, ele·vates 1. To move (something) to a higher place or position from a lower one; lift. 2. To increase the amplitude, intensity, or volume of. 3. FindWhat.com to new heights as this dynamic sector continues to evolve." "I would like to thank my fellow board members for this tremendous vote of confidence," stated Pisaris-Henderson. "I look forward to further establishing FindWhat.com as a leader in the performance-based marketing sector while we expand our role as a solutions provider for companies wishing to take advantage of the efficiencies of the Internet and of what FindWhat.com has to offer." Courtney Jones, Chairman of the Board prior to Mr. Pisaris-Henderson's appointment, will continue to serve the Company as a director and has been elected Vice Chairman. About FindWhat.com FindWhat.com operates an online marketplace that connects the consumers and businesses that are most likely to purchase specific goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. with the advertisers that provide those goods and services. Online advertisers determine the per-click fee they will pay for their advertisements, which FindWhat.com distributes to its network of hundreds of distribution partners, such as CNET's Search.com, Excite, Webcrawler, News.com, NBCi, MetaCrawler, Dogpile, ZDNet, and Go2Net. Advertisers bid against each other for particular keywords or phrases through an open, automated, bid-for-position system, where the advertisement of the Web site with the highest bid appears first, with all other advertisers listed in descending descending /des·cend·ing/ (de-send´ing) extending inferiorly. bid order. This cost-effective, pay-for-performance model allows Web advertisers to pay only for those prospects who click through to their sites, and increase their potential for exposure through the millions of advertisements distributed throughout the network per day. More information on FindWhat.com is available on the Company's Web site at http://www.FindWhat.com. Forward Looking Statements This press 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. that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. 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 of 1995. Words or expressions such as "plan," "intend," "believe", "project" or "expect'" or variations of such words and similar expressions are intended to identify such forward-looking statements. Key risks are described in FindWhat.com's reports filed with the U.S. Securities and Exchange Commission. Readers should note that these statements may be impacted by several factors, including economic changes and changes in the Internet industry generally and, accordingly, FindWhat.com's actual performance and results may vary from those stated herein, and FindWhat.com undertakes no obligation to update the information contained herein. |
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