Friendster Announces Multi-Year Global Search and Advertising Agreement With Google
SAN FRANCISCO, March 7 /PRNewswire/ — Friendster, Inc. (http://www.friendster.com/ ) today announced an exclusive multi-year global agreement that names Google as the exclusive provider of both search and keyword-targeted advertising for Friendster’s global audience of more than 40 million users in over 75 countries. Financial terms of the deal were not disclosed.
Friendster’s users will benefit from Google’s powerful search technologies and targeted advertising, and advertisers will have improved access to one of the largest online social networking communities in the world.
Friendster has already successfully integrated and launched the text and display advertising components of the deal worldwide. The search component is anticipated to launch during the second quarter of this year.
“As a top-25 global Web brand with 19 million monthly unique visitors and 6 billion page views per month, this agreement with Google allows Friendster to leverage the best industry platform to monetize our high-growth global business,” said Aaron Barnes, vice president of sales and business development at Friendster.
About Friendster
With more than 40 million members worldwide, Friendster is a leading online social network. Friendster is focused on helping people stay in touch with friends and discover new people and things that are important to them. Friendster’s trusted network, which emphasizes genuine, real-world friendships, is popular among people of all ages, but is particularly popular among young adults. Friendster has a growing portfolio of patents granted to the company on social networking, with more expected over the next several months. Headquartered in San Francisco, California, Friendster is backed by Kleiner Perkins Caufield & Byers, Benchmark Capital, DAG Ventures and individual investors. For more information, visit: http://www.friendster.com/ .
Friendster, Inc.
CONTACT: media, Erin Collopy of The Hoffman Agency, +1-408-975-3041, orpress@friendster.com, for Friendster
Web site: http://www.friendster.com/