Genex Communications Chooses 24/7 Canada to Exclusively Manage Online Ad Sales for Summum Media, Quebec's Leading Web Entertainment Network.TORONTO -- 24/7 Canada Inc., Canada's leading Web advertising and permission-based email marketing company, a subsidiary of 24/7 Real Media, Inc. (Nasdaq: TFSM), today announced that Genex Communications Inc. has chosen 24/7 Canada to exclusively manage online advertising sales for Summum Media, its leading French Canadian French Canadian n. A Canadian of French descent. French -Ca·na online entertainment
specialty network specialty network Single specialty network Managed care A loosely cohesive group of physicians specialized in one area of medicine–eg, cardiology, oncology, Ob/Gyn, ophthalmology, radiology, etc, who form a network to attempt to capture a segment of a Pt , including the popular sites Showbizz.net, Choi
RadioX, and Matinternet.In November 2004, Genex Communications closed the online ad sales division of its owned and operated Summum Media, a top advertising sales representative for leading Internet and Magazine media in Quebec. Genex chose 24/7 Canada to lead their online advertising sales business, establishing an agreement covering ad sales and ad serving for 12 leading Quebec Web properties, as well as management of their large permission-based email lists totaling more than 50,000 privacy compliant addresses. The Genex Web Network attracts more than 1 million unique monthly visitors and generates a substantial 30 million page views monthly. Online advertising for the following Web properties is now exclusively sold through 24/7 Canada: Showbizz.net - www.showbizz.net Choi RadioX - www.choiradiox.com Matinternet - www.matinternet.com Info-affaires - www.info-affaires.com AlloMontreal - www.allomontreal.com Circulation Montreal - www.circulationmontreal.com Le Radio X de Quebec - www.radioxdequebec.com Magazine Adorable - www.adorable.qc.ca Magazine Summum - www.summummag.com CKNU FM 100.9 - www.cknu.com Les Classees - www.lesclassees.com Radio Liberte - www.radioliberte.com John Sclapari, director of business development for 24/7 Canada for Quebec and Eastern Canada Eastern Canada (also the Eastern provinces) is the region of Canada generally considered to be east of Manitoba, consisting of the following provinces:
1. The historical homeland of the French Canadian people, the St. available through the Genex properties, combined with the online expertise, unique one-stop media buying and integrated reporting opportunities offered by 24/7 Canada." Patrice Demers, president, Genex Communications said, "We are very pleased to align ourselves with a strong national player like 24/7 Canada. We believe 24/7 is a great fit to help us develop our business within the rest of Canada, as well as generate incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. revenue by having 24/7 also manage our email files. Leveraging 24/7's breadth of contacts and expert staff will significantly cut down on our operating costs operating costs npl → gastos mpl operacionales , specifically in relation to ad serving and media sales." Jay Aber, president of 24/7 Canada said, "Summum Media and Genex have been strong competitors of ours in Quebec for several years. We are thrilled to be joining forces. This relationship is win/win - Genex now has national and international advertising sales representation, advertisers receive state of the art reporting on the Genex properties and 24/7 Canada becomes a more dominant online advertising company in Quebec." The Genex deal caps an exciting year of growth for 24/7 Canada including deals with AskMen.com, TheScore.ca, ICQ ("I Seek You") A conferencing program for the Internet from Mirabilis, Tel Aviv, Israel (www.icq.com). It provides interactive chat, e-mail and file transfer and can alert you when someone on your predefined list has also come online. , Lycos, renewal of the YellowPages.ca deal and the launch of 24/7 Canada's award-winning Open AdStream(R) ad serving and analytics technology business in Canada. About 24/7 Canada 24/7 Canada, a subsidiary of interactive marketing and technology pioneer 24/7 Real Media (NASDAQ: TFSM), targets and delivers audiences for Canadian publishers and marketers. 24/7 Canada provides creative 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. media programs, integrated Web site marketing sponsorships, highly targeted permission-based e-mail recommendations and effective Open Adstream(R) Web ad serving and analytics technology solutions. With offices in Toronto and Montreal, 24/7 Canada is the number one permission-based email list broker and manager in Canada and sells advertising for such leading websites as le Groupe Pages Jaunes / Yellow Pages Group, LeDevoir.com, TQS TQS Total Quality Service TQS Television Quatre Saison TQS Throttle Quadrant System (gaming) TQS Total Quality Score TQS Total Quality Selling, Inc. , Admission.com, GTAA GTAA Greater Toronto Airports Authority GTAA Global Tactical Asset Allocation (Investing/finance) .com, ICQ, AskMen.com, TheScore.ca, and the Osprey Media Osprey Media is a Canadian newspaper regional chain that publishes 20 daily newspapers, 34 non-daily newspapers, and a number of shopping guides and magazines.[1] Group. About Genex Communications Inc. Genex Communications Inc is a Quebec-based company in constant progression, with several successful divisions having emerged since its inception in 1996. In total, Genex Communications owns and operates web properties, namely Showbizz.net, Matinternet, and a few other, as well as 2 radio stations CHOI and CKNU, 2 magazines Summum and Adorable a·dor·a·ble adj. 1. Delightful, lovable, and charming: an adorable set of twins. 2. Worthy of adoration. , 1 event marketing firm, 1 semi-professional hockey team and an indoor advertising network in Quebec. Caution concerning 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. . This news release includes certain "forward-looking statements" within the meaning of 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 of 1995. These statements are based on management's current expectations and are naturally subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained herein due to changes in economic, business, competitive and/or regulatory factors. More detailed information about those factors is set forth in our filings with the Securities and Exchange Commission. In addition, the following factors, among others, could cause actual results to differ materially from those described herein: enhanced competition, the potential for impairment Impairment 1. A reduction in a company's stated capital. 2. The total capital that is less than the par value of the company's capital stock. Notes: 1. This is usually reduced because of poorly estimated losses or gains. 2. of relationships with employees or major customers, loss of faith in Internet advertising, international risks, and other economic, business, competitive and/or regulatory factors affecting the businesses of 24/7 Real Media. All information in this release is as of November 29, 2004. The Company is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. |
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