I-Behavior and Direct Media Inc. Announce Strategic Alliance in Co-op Database.Business/Technology Editors HARRISON, N.Y. and GREENWICH, Conn.--(BUSINESS WIRE)--June 26, 2000 I-Behavior Inc., a company offering a co-op database for online marketers, and Direct Media Inc. (DMI (Desktop Management Interface) The first desktop management standard from the DMTF. Enabling PCs to be monitored from a central console, it was superseded by the DMTF's Common Information Model (see CIM). ), the world's leading list broker and manager, today announced the formation of a strategic alliance. Under the agreement, Direct Media will become the exclusive representative for I-Behavior's co-op database in the catalog and publishing industries. Direct Media will receive an undisclosed amount of equity in the company as part of the new agreement. "Joining forces with Direct Media is a perfect fit," said Lynn Wunderman, 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. of I-Behavior. "By combining DMI's extensive catalog and publishing client base with I-Behavior's on-line database Noun 1. on-line database - (computer science) a database that can be accessed by computers computer database, electronic database, electronic information service capabilities, we are creating the world's most effective resource for customer acquisition." "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a way to re-enter re·en·ter also re-en·ter v. re·en·tered, re·en·ter·ing, re·en·ters v.tr. 1. To enter or come in to again. 2. To record again on a list or ledger. v.intr. the co-op market. I-Behavior's behavioral approach and online technology provide the perfect complement for our existing list business," said Dave Florence, CEO of Direct Media. "Seventy percent of catalog merchants operating on the Internet are already profitable and will become major forces in e-commerce. Access to DMI's client base gives I-Behavior a significant jump-start in building the co-op." I-Behavior's database is the first to successfully combine offline and online behavioral data on direct-channel buyers. The company also offers a broad range of related services designed to help companies acquire and retain customers more efficiently. Only names of buyers who opt-in to I-Behavior's program will be available for e-mail solicitation. Direct Media, the world's largest list manager and broker, presently works with over 1,000 direct marketing companies and previously developed SmartBase, an enhanced co-op list that contained over 50 million direct buyers when it was sold by DMI's previous parent company. Lester Wunderman, one of the great innovators of direct marketing, serves as chairman of I-Behavior. He also is chairman emeritus and founder of Wunderman Cato Johnson, now known as Impiric, the world's leading global direct marketing advertising agency. Headquartered in Harrison, NY, with offices in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA, I-Behavior Inc. is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . For more information on the company, please call 800.579.1950 or visit their Web site at www.i-behavior.com. |
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