Seevast Announces Sale of its Moniker Division to Oversee.net
Company Divests Domain Asset Management Company to Focus on Pulse 360 and KanoodleNew York, NY - January 3, 2008 - Seevast Corp, which operates leading ad networks Pulse 360 and Kanoodle, today announced the sale of Domain Asset Management™ company Moniker to online marketing solutions company Oversee.net. The divestiture will allow Seevast management to focus on continued growth and innovation in its core ad network businesses - Pulse 360 and Kanoodle.
Seevast acquired Moniker in 2005 and since then, Moniker, led by CEO Monte Cahn, has grown significantly and pioneered the concept of Domain Asset Management, as well as their successful live and silent domain auction formats.
"While Moniker is a high-performing organization, Seevast has committed to focusing in other areas," said Seevast CEO Lance Podell. "We will continue to innovate and drive value for our publishers and advertisers at Pulse 360 and Kanoodle through our core advertising business and through innovative new programs like our Publishers' Vertical Network product which allows publishers to build vertical ad networks. We wish Monte and his team continued success. We believe there are great synergies between Oversee and Moniker that can accelerate the growth of the business."
Seevast was represented by The Jordan, Edmiston Group, Inc. a New York City based investment bank that specializes in the media and information industries.
About Seevast
Seevast owns and operates marketing services businesses that drive sales and build brands for its clients. Seevast's businesses include Pulse 360, the content-targeted sponsored links innovator and Kanoodle, a pioneer in search-targeted sponsored links. For more information, please visit http://www.seevast.com or the independent sites of Pulse 360 (http://www.pulse360.com) and Kanoodle (http://www.kanoodle.com).
back to topSeevast Chosen as 2007 Technology Fast 50 Finalist in the New York Region
Commitment to Innovation Propels Seevast to Rank Fourteenth with Record Breaking Revenue Growth Over Last Five YearsNew York, NY - September 20, 2007 - Seevast Corp., which operates leading online marketing services companies Pulse 360, Moniker and Kanoodle, has been named to Deloitte's prestigious Technology Fast 50 Program for the New York Region. This award recognizes the 50 fastest growing technology, media, telecommunications and life sciences companies in New York, ranked by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002-2006.
Seevast's increase in revenues from 2002 to 2006 resulted in a #14 ranking in the Technology Fast 50 for the New York Region, with more than 1,000 percent growth over the past five years. Seevast CEO, Lance D. Podell, credits this success to continued commitment to innovation and to providing tools for advertisers and publishers to make the most of their businesses. In the past year alone, in addition to the exclusive relationships to provide sponsored links for some of the Web's biggest publishers, including msnbc.com, The Wall Street Journal Online, NASCAR.com and CBS Television Stations, Seevast companies rolled out a range of new products including the Pulse 360 Publisher's Vertical Network, which helps publishers create their own vertical ad networks, and Moniker's record breaking domain auctions where top domains made history by recording some of the highest sales figures in history.
Podell said, "Seevast's businesses have experienced tremendous growth year over year. Our rapid growth is continuing in 2007 with new innovations like Publisher's Vertical Network, more domain auctions, and winning partnerships with the Web's biggest and best sites. We expect to see continued innovation in the coming years."
"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years. Seevast has proven to be one of the fast-growth success stories in New York City, and we applaud their dedication to making their vision a reality," said Ed Moran, Director Product Innovation, Deloitte Services LP, New York City.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About Seevast Corp.
Seevast Corp. owns and operates marketing services businesses that drive sales, build brands and leverage core assets for its clients. Seevast's businesses include Pulse 360, the content-targeted sponsored links innovator; Moniker, the industry leader in Domain Asset Management™; and Kanoodle, a pioneer in search-targeted sponsored links. For more information, please visit http://www.seevast.com or the independent sites of Pulse 360 (http://www.pulse360.com), Moniker.com (http://www.moniker.com) and Kanoodle (http://www.kanoodle.com).
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
back to topSeevast Selected by AlwaysOn Media as Top 100 Private Company Award Winner
Recognized for Leadership in Emerging TechnologyNew York, NY - January 17, 2007- Seevast Corp., which operates leading online marketing services companies Pulse 360, Moniker and Kanoodle, today announced that it has been chosen by AlwaysOn Media as one of the AO Media 100 Top Private Companies. AO Media 100 is a power list of the top private digital media companies. Seevast was handpicked by the AO Media editorial team based on a set of five criteria - innovation, market potential, customer adoption, media buzz and investor value creation.
Seevast and the rest of the AO Media 100 will be honored at the AO Media Executive Summit on January 29-31, 2007 at The Mandarin Oriental Hotel in New York City. The Summit will focus on the forces that are disrupting user behavior and creating new opportunities in marketing, branding, advertising and public relations. The event will also showcase top innovative private companies that are changing the way media is created, distributed and consumed.
"The AO Media 100 are creating new revenue opportunities in the more than $16.4 billion online advertising market by disrupting traditional media and advertising models," said Tony Perkins, founder and editor in chief of AlwaysOn. "They are innovating by applying game-changing technology to key sectors including user-generated content, technology-enablers, mobile marketing, community platforms, Web analytics, and online advertising services."
The AO Media 100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts.
For nearly a decade, Seevast has been supplying advertisers and publishers with innovative tools designed to drive sales, build brands and leverage their core assets on the Web. Pulse 360, the content-targeted sponsored links innovator, provides advertisers with tools to help them reach key audiences on the Web, while Kanoodle provides pay-per-click search engine marketing services. Moniker, the leader in Domain Asset Management ™, offers a complete set of business services that provide companies a single-point-of-access to help manage and maximize the value of their domains.
A full list of all the AO Media 100 companies can be found on the AlwaysOn Website at http://www.alwayson.goingon.com/
"2006 was a year full of innovation at Seevast, and we are pleased to be recognized by AlwaysOn," said Lance D. Podell, CEO of Seevast. "Whether it's Moniker's Live Domain Auctions or Pulse 360's video advertising solution, we will continue to innovate for the benefit of our advertisers and partners."
About AO Media 2007: January 29-31 @ The Mandarin Oriental Hotel, NYC AlwaysOn Media is where cutting-edge technology CEOs from the back streets of Silicon Valley meet the global advertising and media establishment. This two-anda- half-day executive event features CEO presentations and high-level debates on which forces are disrupting user behavior and creating new opportunities in the marketing, branding, advertising, and public relations industries. At AlwaysOn Media, our editors will also honor the AO Media 100 Top Private Companies. Fifty of the top CEOs from the AO Media 100 will pitch their market strategies to a panel of industry experts in our "CEO Showcase."
About Seevast
Seevast owns and operates marketing services businesses that drive sales, build brands and leverage core assets for its clients. Seevast's businesses include Moniker, the industry leader in Domain Asset Management; Pulse 360, the contenttargeted sponsored links innovator; and Kanoodle, a pioneer in search-targeted sponsored links. For more information, please visit http://www.seevast.com or the independent sites of Pulse 360 (http://www.pulse360.com), Moniker.com (http://www.moniker.com) and Kanoodle (http://www.kanoodle.com).
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, Always On Media and GoingGreen) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
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