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infoUSA's OneSource Information Services To Bolster Presence In Singapore & Additional Asia-Pacific Markets
OMAHA, Neb. --(Business Wire)-- infoUSA (NASDAQ: IUSA), the leading provider of proprietary business and consumer databases, sales leads, direct marketing, and email marketing, announced today that OneSource Information Services, an infoUSA company and a leading provider of business information solutions, will seek to significantly expand its footprint in the Asia-Pacific region.
OneSource plans to double its workforce in Singapore over the next year and will seek to increase revenue by more than 50%. The additional resources will focus on improving customer support, training and product specialization in this burgeoning business hub.
"We're taking these aggressive steps to ensure we remain at the forefront of this growth in the Asia-Pacific region," said Vin Gupta, Chairman and CEO of infoUSA. "Businesses, both large and small, are recognizing more and more how our qualified information can positively impact their bottom line."
OneSource first entered the Asia-pacific market in 2002, launching its Singapore operation and quickly establishing itself as a leader in the marketplace. Among the company's notable clients in the region - Societe Generale, International Enterprise Singapore and Mitsubishi UFJ Securities.
Major technological advancements are also fueling OneSource's competitive advantage. The company recently unveiled a new customer relationship management integration module that was rolled out this year in Asia that integrates OneSource data systems with other popular applications. OneSource's signature product is the Business Browser, a comprehensive snapshot of a company's business portfolio.
About OneSource Information Services, Inc.
OneSource, an infoUSA company, delivers products and services to support a company's sales and marketing efforts including serving customers better, identifying and leveraging new sales opportunities, and creating stronger marketing campaigns. OneSource combines and organizes content from over 2,500 information sources supplied by more than 40 world-class content providers, creating an unequalled business information resource encompassing over 16.4 million company profiles, 18 million executives, corporate families, industries financials, news, analyst reports, and trade and business press articles.
OneSource is headquartered in Concord, MA, with offices located in North America, Europe, Pacific Rim, and Latin America. Customers include Bank One, Chubb, Citigroup, Deloitte & Touche, i2 Technologies, Orange, SAS Institute, and Sun Microsystems.
About infoUSA
infoUSA (www.infoUSA.com), founded in 1972, is the leading provider of business and consumer databases for sales leads & mailing lists, database marketing services, data processing services and sales and marketing solutions. Content is the essential ingredient in every marketing program, and infoUSA has the most comprehensive data in the industry, and is the only company to own 12 proprietary databases under one roof. The infoUSA database powers the directory services of the top Internet traffic-generating sites. Nearly 4 million customers use infoUSA's products and services to find new customers, grow their sales, and for other direct marketing, telemarketing, customer analysis and credit reference purposes. infoUSA headquarters are located at 5711 S. 86th Circle, Omaha, NE 68127 and can be contacted at (402) 593-4500.
Statements in this announcement other than historical data and information constitute forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, but are not limited to, recent changes in senior management, the successful integration of recent and future acquisitions, fluctuations in operating results, failure to successfully carry out our Internet strategy or to grow our Internet revenue, effects of leverage, changes in technology and increased competition. More information about potential factors that could affect the company's business and financial results is included in the company's filings with the Securities and Exchange Commission.
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