TMCnet News
infoUSA to Acquire @Once - an Email Technology CompanyOMAHA, Neb. --(Business Wire)-- Jan. 31, 2005 -- infoUSA(R) (Nasdaq:IUSA), the leading provider of proprietary business and consumer databases, sales leads and business credit reports, today announced that it has acquired @Once. @Once is a retention based email technology company headquartered in Portland, Oregon. The company plans to integrate @Once's operations with those of its existing email subsidiary, YesMail(R), based in San Carlos, California. Vin Gupta, Chairman and CEO, infoUSA, commented, "@Once has developed a loyal blue chip customer base that will perfectly complement and expand our substantial email technology operations. The combination will extend infoUSA's leadership in email technology, as well as generate significant economies of scale." Gupta continued, "We believe that the email marketing industry is extremely fragmented and ripe for consolidation, and we plan to acquire more companies in this industry. This will enable us to further grow our email division and to promote cross-selling opportunities within our entire Donnelley Group, offering our customers a powerful single source for direct marketing, customer relationship management and email marketing." About infoUSA infoUSA (www.infoUSA.com), founded in 1972, is the leading provider of business and consumer information products, 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 a proprietary database of 250 million consumers and 14 million businesses under one roof. The infoUSA database powers the directory services of the top Internet traffic-generating sites. Nearly 3 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. |
