SearchRev CEO Ken Kalb Leads Team to Successful Sale of Company to AKQA.Kalb Helps Secure Second Round of Financing to Deliver High Value for SearchRev Shareholders PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. -- Ken Kalb, 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 SearchRev, a leading developer and provider of Search Engine Marketing (SEM) technology solutions, has successfully led the team which negotiated the sale of the company to AKQA AKQA All Known Questions Answered , a pioneering online marketing firm. The terms of the acquisition were not disclosed. Mr. Kalb has now left the company to create a new start-up business. During his tenure at SearchRev, Mr. Kalb focused his efforts on building the business to be a leader in the search engine marketing field. "The company has exceptional technology and was poised for terrific success when I joined. We needed to bring it to the next level by simply building sales and scaling the technology," he stated. In his fifteen months with the company, Mr. Kalb raised a second round of financing which greatly enhanced the valuation of the company. "We were able to capture some marquis clients and also expanded our reach by opening offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and London during that period," explained Mr. Kalb. "The acquisition by AKQA is an excellent fit and will only help SearchRev continue to grow and thrive in its market." Mr. Kalb has a history of developing and guiding start up companies and growing them to substantial market power. He founded San Diego-based Continuous Computing Prior to founding Continuous Computing Ken was president of Emultek (now eSim), an Israeli simulation tool company, where he doubled revenues and led a successful IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. . About SearchRev SearchRev is the performance leader in search engine marketing. As the performance leader, the company has proven results showing that its own patent-pending technology platform consistently doubles client revenues while increasing profits by an average of 52 percent. SearchRev licenses its SEM tools and also manages large scale search engine marketing campaigns for clients such as Yahoo!, Shutterfly, and Real Networks. SearchRev is headquarted in Silicon Valley with offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. and London, UK. For more information, contact - Jeff King, Director of Marketing, SearchRev, 650-213-8500 x113, or visit www.searchrev.com. About AKQA AKQA is the leading independent digital marketing agency with more than 500 employees in San Francisco, New York, Washington D.C., London, Shanghai and its newest office in Amsterdam. AKQA provides digital strategy, creative and technology solutions to the world's leading marketers, including Coca-Cola, Diageo, McDonald's, Nike, Unilever and Visa. For more information about AKQA, visit www.akqa.com. For more information: Molly Parsley, AKQA, 415-645-9473, molly.parsley@akqa.com. |
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