WebMediaBrands Announces Acquisition of BrandsOfTheWorld.Com
April 29 2009 - 7:51AM
Business Wire
WebMediaBrands Inc. (Nasdaq:WEBM) today announced it has
acquired the assets of Brandsoftheworld.com
(www.brandsoftheworld.com). Brandsoftheworld.com is a user
generated content site where readers view and download more than
160,000 vector format brands and logos. The site has over 2�million
unique visitors and over 30 million page views per month. Terms of
the acquisition were not disclosed.
�We believe that BrandsoftheWorld.com combined with our
AdsoftheWorld.com, CreativeBits.com, AgencySpy.com and Unbeige.com
Web sites makes Graphics.com the largest online community of
advertising, branding, graphics and design professionals in the
world,� stated Alan M. Meckler, Chairman and CEO of WebMediaBrands.
�In coming months we will launch a range of services and offerings
to our Graphics.com community including events, online courses, a
freelance marketplace, job board and more.�
About WebMediaBrands Inc.
WebMediaBrands Inc. (Nasdaq: WEBM, www.webmediabrands.com),
headquartered in New York, NY, is an Internet media company
concentrating on BtoB communities. WebMediaBrands has three online
communities: Internet.com for IT managers and Web developers;
Mediabistro.com for media professionals and Graphics.com for design
and creative professionals. All three communities offer job boards,
marketplaces, online education offerings and events.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release which
are not historical facts are forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These
forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those
described or implied in the forward-looking statements. The
potential risks and uncertainties address a variety of subjects,
including risks of achieving the anticipated benefits of and
successfully integrating acquisitions. For a more detailed
discussion of such risks and uncertainties, refer to
WebMediaBrands� reports filed with the Securities and Exchange
Commission pursuant to the Securities Exchange Act of 1934. The
forward-looking statements included herein are made as of the date
of this press release, and WebMediaBrands assumes no obligation to
update the forward-looking statements after the date hereof other
than as required by law.
All current WebMediaBrands press releases can be found online
at www.webmediabrands.com/corporate/press.html.
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