Customer Acquisition Network Common Stock Initiates Trading As "CACN"
Posted on: Thursday, 18 October 2007, 12:00 CDT
The common stock of Customer Acquisition Network, Inc. (OTCBB: CACN), an emerging pay-for-performance, multi-channel Internet marketing company, has initiated trading on the OTC Bulletin Board ("OTCBB") under the symbol "CACN." Price quotation and other share-related information may be obtained at www.otcbb.com.
Customer Acquisition Network was recently formed and brought public by a group of Internet industry veterans looking to build the first fully integrated, pay-for-performance, multi-channel internet marketing company.
"This represents a major milestone for our company," said Michael Mathews, CEO and co-founder of Customer Acquisition Network. "As a publicly traded company, we are now better able to take advantage of the tremendous acquisition opportunities emerging in the pay-for-performance Internet marketing industry."
Customer Acquisition Network recently completed the acquisition of privately held interCLICK, one of the nation's leading Internet advertising networks. Leading Internet audience tracker, comScore, rated New York-based interCLICK as the 11th largest and fastest-growing Ad Network in the U.S. interCLICK reaches 85 million unique U.S. visitors per month, or 47 percent of the U.S. online population, with impressions per month exceeding four billion. interCLICK's rapidly expanding customer base includes some of the world's largest Internet publishers and advertisers.
The purchase of interCLICK by Customer Acquisition Network follows a recent trend of similar high profile acquisitions, like Blue Lithium and Right Media by Yahoo, DoubleClick by Google, 24/7 Real Media by WPP, Takota by AOL, and aQuantive by Microsoft.
About the OTC Bulletin Board
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About InterCLICK
interCLICK.com operates the interCLICK Network, a highly targeted contextual marketing network designed to balance the interests of publishers, advertisers and users. The InterCLICK Network combines advanced contextual awareness technology with a large base of top tier publisher sites to create a highly effective advertising platform. interCLICK's unique model delivers dramatically higher response rates than traditional ad networks, helping advertisers increase brand awareness, catalyze customer action and improve ROI on their advertising spend. The end result is that the user appreciates the targeted content, the advertiser has a significantly improved return on investment, and the publisher shows higher quality and better paying ads. For more information about the interCLICK Network, visit www.interclick.com.
About Customer Acquisition Network
Customer Acquisition Network, Inc. is an emerging leader in the Internet multi-channel, pay-for-performance network business. Customer Acquisition Network was formed to build an integrated, multi-channel network that provides advertisers the ability to drive high-volume, high-quality customer leads and acquisitions, and refocus ad dollars quickly based upon ROI. For more information about Customer Acquisition Network, visit www.customeracquisitionnetwork.com.
Company Contact Devon M. Cohen Chief Operating Officer Customer Acquisition Network, Inc. Tel: 954-712-0000 Investor Relations Liolios Group, Inc. Tel: 949-574-3860
SOURCE: Customer Acquistion Network
Source: MARKET WIRE
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