FindWhat.com Executive Officers and Directors Adopt Rule 10b5-1 Trading Programs.Business Editors FORT MYERS Fort Myers, city (1990 pop. 45,206), seat of Lee co., SW Fla., on the Caloosahatchee River, near the Gulf of Mexico; founded 1850, inc. 1905. It has a tourist trade and light industry and is a shipping point for citrus fruits, winter vegetables, flowers (especially , Fla.--(BUSINESS WIRE)--May 14, 2004 FindWhat.com (Nasdaq: FWHT), a leading developer and provider of performance-based marketing and commerce enabling services, today announced that several of the Company's executive officers and directors are adopting prearranged pre·ar·range tr.v. pre·ar·ranged, pre·ar·rang·ing, pre·ar·rang·es To arrange in advance. pre stock trading plans in accordance with guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Rule 10b5-1 allows programs to be established that permit corporate insiders to prearrange pre·ar·range tr.v. pre·ar·ranged, pre·ar·rang·ing, pre·ar·rang·es To arrange in advance. pre purchases or sales of Company securities at a time when they are not aware of any material non-public information. Such a program typically involves establishing a written plan to buy or sell shares over a set period of time. These pre-planned trades will be executed at a later date, as set forth in the plan, without further action or oversight by the executive officer or director and without regard to any subsequent non-public information the individual might have received. A plan can provide for sales of stock on a particular date or at a particular price or a combination of both of these factors along with others. The rule allows insiders to diversify their investment portfolios and to avoid concerns about initiating stock transactions while in possession of material nonpublic information Nonpublic information Information about a company that is not known by the general public, which will have a definite impact on the stock price when released. See: Insider trading. . FindWhat.com executive officers and directors who are adopting 10b5-1 plans at this time include, Craig A. Pisaris-Henderson, chairman, chief executive officer and president, Phillip R. Thune, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , chief financial officer and director, Dave Rae David Rae (Dave Rae) is the president of Crown Financial Ministries, a Christian organisation in the United States of America that gives financial advice. Education , chief strategy officer, Tony Garcia Tony Garcia is a video game producer and designer. He has over 23 years of experience in game technologies and worked in senior capacity at Electronic Arts (EA), Microsoft Game Studios and LucasFilm. From 1988 to 1991 Garcia was the Director of Development at LucasFilm Games. , chief technology officer, Brenda Agius, senior vice president - finance, Jason Williams Jason Williams can refer to any of the following people:
About FindWhat.com (R) FindWhat.com creates and offers proprietary performance-based marketing and commerce enabling services that help businesses of all sizes throughout the business cycle: finding, getting and keeping customers. Its marketing division creates online marketplaces where buyers are introduced to sellers at exactly the right moment, when they are searching for products and services on the Internet; this introduction is based on a bid-for-position, pay-per-click, keyword-targeted advertising service. FindWhat.com offers this service directly to advertisers through the FindWhat.com Network(TM), and offers a private label version of this service to large companies and portals worldwide, including Lycos and Mitsui & Co., Ltd. In addition, FindWhat.com operates a merchant services division which includes Miva(R), a leading online platform of software and services for small to medium-sized enterprises (SMEs). With its easy-to-use, highly customizable and integrated browser-based point and click business creation software and a vast partner network, Miva is focused on helping to create and enhance online business and marketing services for SMEs. Additionally, Comet Systems, a division of FindWhat.com, is a leading provider of connected desktop consumer software. More information on FindWhat.com is available on the Company's website 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" 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, including the 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. for fiscal 2003. 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. (R)Registered trademarks of FindWhat.com (TM) Trademark of FindWhat.com |
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