Perfect Market Technologies Announces New Chief Technology Officer and Product Head.Company Continues to Round out Its Rapidly Growing Executive Team PASADENA, Calif. -- Perfect Market Technologies, Inc., operator of Snap.com, today announced two additions to their senior management team - Michael Agostino, Chief Technology Officer, and Jay Meydad, Vice President of Product. Mr. Agostino and Mr. Meydad's arrival are the most recent additions to Perfect Market's growing executive team and follow the recent appointment of marketing and strategy executive Rishad Tobaccowala to the company's Board of Directors. "I'm extremely pleased to welcome Jay and Michael to the Perfect Market team," said Tom McGovern, 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 Perfect Market Technologies. "Jay and Michael both bring an extensive amount of experience in their respective areas of expertise and will make a significant contribution to the company's success in the future." Michael Agostino brings to Perfect Market a wealth of technology startup experience as a venture capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. , entrepreneur and software engineer. Previously, Mr. Agostino was a group product manager for VERITAS Software Veritas Software Corp. was an international software company that was founded in 1983 as Tolerant Systems, renamed Veritas Software Corp. in 1989, and merged with Symantec in 2005. It was headquartered in Mountain View, California. , and a senior member of the venture capital investment team at Seattle-based Vulcan Capital. While at Vulcan, Mr. Agostino directed venture capital investments into a range of innovative technology companies within the sectors of software, infrastructure and the Internet. Previously, Mr. Agostino led development of web search at Infoseek. He is also the founder of two technology companies that were successfully acquired. Earlier in his career, Mr. Agostino held a number of product development positions with a variety of Silicon Valley based startups. Mr. Agostino graduated with honors from Cal Poly Cal Poly may refer to:
 `ĭs ōbĭs`pō), city (1990 pop. 41,958), seat of San Luis Obispo co., S Calif., near San Luis Obispo Bay; inc. 1856. with a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in scienceBS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Computer Science. "There's a lot of under-the-hood technology that drives Snap.com's unique, visually-rich search results," said Michael Agostino. "I'm excited to lead the technology development team at such an exciting time and look forward to further enhancing Snap.com's position as a technology leader." Yovav (Jay) Meydad brings over ten years of Internet product and management experience to Perfect Market. Previously, Mr. Meydad served as Chief of Product Management for Spark Networks, a leading online personals service provider. While at Spark, he oversaw o·ver·saw v. Past tense of oversee. the product and design teams, and was responsible for the execution of multiple product and feature launches across a large network of web properties including JDate.com and AmericanSingles.com. Prior to Spark Networks, Mr. Meydad worked as Director of Account Management for 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. Mobile, an AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. company, where he oversaw ICQ's relationships with wireless service providers worldwide, including Vodafone, O2 and Rogers AT&T Wireless. Before ICQ, Mr. Meydad served in various product development & management roles at a variety of technology companies. Mr. Meydad earned a Bachelor of Science degree in Information Systems Engineering from the Ben Gurion Ben Gur·i·on , David Originally David Grün. 1886-1973. Polish-born Israeli political leader. Active in the Zionist movement, he founded the Mapai Party in 1930 and organized the resistance against the British after World War II. University, Israel. "Whether it's with their radically different approach to delivering search results in a way that shortens users' Speed to Satisfaction or the new Cost-Per-Action business model, Snap.com is routinely recognized for innovating the next generation of online search," said Jay Meydad. "I'm thrilled at the opportunity to lead the product team to help develop and shape the direction for the future of Snap.com." About Snap.com Snap.com is a service of Perfect Market Technologies, Inc., and is dedicated to getting users to results they really want faster. Snap.com delivers superior relevance and visual, rich and interactive search results to broadband users, and offers risk-free, flexible Cost-Per-Action advertising with unmatched ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). to advertisers. Snap.com was recently chosen as one of Time Magazine's 50 Coolest Websites of 2006. Perfect Market is a network company of Idealab, a creator and operator of technology businesses, with additional funding from Mayfield Fund Mayfield Fund is a venture capital firm located on Sand Hill Road in Menlo Park, California, home to many of Silicon Valley's leading venture capital firms. Mayfield was founded in 1969 by Tommy Davis, one of the first venture capitalists. . Snap.com builds on Idealab's achievements in the search industry, including its creation of the paid search model through its former network company Overture Services, which was acquired by Yahoo! in 2003. Perfect Market Technologies is based in Pasadena, CA. Perfect Market Technologies, Inc. and Snap.com are trademarks of Perfect Market Technologies, Inc. All other trademarks and registered trademarks are the property of their respective owners. [c]2006 All rights reserved. |
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