internet.com Appoints New West Coast Business Development Executive(WESTPORT, CT - July 12, 1999) - internet.com (Nasdaq: INTM), the E-business and Internet Technology Network, today announced the appointment of Kirk Holland as Vice President of Business Development. Mr. Holland joins internet.com from U.S. Bancorp Piper Jaffray's Internet Media and Technology Group. Mr. Holland's role will involve initiating and executing future acquisitions and strategic relationships as well as helping internet.com's Venture Capital Fund. Mr. Holland will also be responsible for further developing internet.com's West coast organization.
Prior to joining internet.com, Mr. Holland was an Investment Banker in U.S. Bancorp Piper Jaffray's Internet Media and Technology Group, where he was involved in equity offerings and mergers and acquisitions for Internet and software companies. He also brings more than five years of experience in technology and operations management roles from other organizations including Procter & Gamble. Mr. Holland earned a B.S. in Electrical Engineering from the University of Washington in 1991 and an MBA from Stanford University's Graduate School of Business in 1998.
"We are pleased to have Kirk join the company and believe that his role will further enhance internet.com's position as a premier information resource for a growing community of Internet professionals," said Christopher S. Cardell, President and COO of internet.com Corporation.
"internet.com is well positioned as a leading provider of business-to-business content, community and e-commerce to its vast user base of Internet industry professionals," said Holland. "I am looking forward to supporting the company through this exciting period of growth and opportunity."
internet Corporation, based in Westport, Connecticut, is a leading provider of global real-time news and information resources for Internet industry and Internet technology professionals, Web developers and experienced Internet users. internet.com operates a network of 62 Web sites, 44 E-mail newsletters, 55 online discussion forums and 52 moderated E-mail discussion lists that generates over 47 million monthly page views and 1.8 million unique users. internet.com also publishes the ISDEX, a 100% Internet stock index featuring 50 leading companies. internet.com's global presence includes editions in Canada, the United Kingdom, Arabia, Australia, Asia, France and Israel.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding internet.com Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Prospectus dated June 25, 1999, Annual Report or Form 10-K for the most recently ended fiscal year.
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