LookSmart Appoints David B. Hills as CEO
October 18 2004 - 5:15PM
PR Newswire (US)
LookSmart Appoints David B. Hills as CEO SAN FRANCISCO, Oct. 18
/PRNewswire-FirstCall/ -- LookSmart (NASDAQ:LOOKNASDAQ:
ASX:NASDAQ:LOK), an Internet search company, announced today that
David Hills has been appointed as the Company's Chief Executive
Officer, effective October 25, 2004. Mr. Hills will succeed Damian
Smith, who has served as interim CEO since January 2004. Mr. Hills,
48, has nearly twenty-five years of experience in media sales,
operations, and a wealth of interactive media experience in online
advertising, search marketing, paid listings and subscriptions. He
has served as President, Media Solutions for 24/7 Real Media
(NASDAQ:TFSM) since August 2003, overseeing all domestic media,
search and technology businesses for the company. Prior to joining
24/7 Real Media, he was COO and President of Sales for About, Inc.,
which owned About.com and Sprinks, the innovative pay per click
service. Prior to that, Mr. Hills held various media executive
positions for subsidiaries of Cox Enterprises, including Vice
President, Sales for Cox Interactive Media, which owns and operates
a network of Web sites focused on local content; Vice President and
Director of Cox Interactive Sales, which operated an Internet
advertising network; and Vice President for Telerep, a television
advertising sales representation firm and a division of Cox
Broadcasting. Mr. Hills received a B.A. in Communications from
Bethany College and an M.S. in Communications from Boston
University. "I am thrilled to be joining LookSmart and leading the
team in delivering high impact and relevant paid listings to our
advertising customers and search engine partners," said Mr. Hills.
"With the company's restructuring efforts completed successfully,
and a focused plan for returning to operating profitability,
LookSmart is in great shape to grow and expand its business, taking
advantage of a very robust search marketplace. We have superior
technology and business assets, coupled with the tremendous
expertise of the team in place, that provide a solid growth
platform for the future." "Dave Hills is a seasoned and highly
successful leader, with demonstrated experience in growing
businesses through strong customer focus and disciplined
execution," said Terri Dial, Chair of LookSmart's Board of
Directors. "LookSmart is well-placed in a rapidly-growing industry,
and the Board is confident David will deliver on the promise that
our unique technology assets and business model hold. The Board
would like to thank Damian Smith for his effective interim
leadership of the company, and wishes him every success as he
returns to pursue a promising business career in his native
Australia." About LookSmart LookSmart is a leader in commercial
search services and a developer of innovative web search solutions.
The Company provides consumers with relevant search results through
a distribution network that includes Lycos, CNET, InfoSpace
(Excite, MetaCrawler, Webcrawler), Cox Interactive, Apple's
Sherlock, U.C. Berkeley and LookSmart.com, while delivering high
performance sales leads at a reasonable price to online businesses.
LookSmart is based in San Francisco, California. For more
information, visit http://www.looksmart.com/. Contact: Jennifer
Jarman The Blueshirt Group 415-217-7722 DATASOURCE: LookSmart
CONTACT: Jennifer Jarman of The Blueshirt Group, +1-415-217-7722,
or , for LookSmart Web site: http://www.looksmart.com/
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