IncrediMail Renews AdSense Contract with Google for Two Years
July 01 2009 - 6:00AM
Business Wire
IncrediMail Ltd. (NASDAQ: MAIL) (www.incredimail-corp.com), an
Internet company, today announced that it has reached a new,
two-year direct agreement with Google Inc. (NASDAQ: GOOG). Although
terms of the agreement were not disclosed, IncrediMail�s CEO Ofer
Adler said, �We are very happy with the agreement.�
IncrediMail has been using AdSense since the end of 2006
enabling it to share in advertising revenue generated from users
clicking on Google sponsored links, in response to a search query
conducted on IncrediMail sites. These sponsored links represent a
significant revenue generating channel for IncrediMail in its
efforts to monetize its user base. IncrediMail reported in May that
about 70% of its revenue was generated from its Search business
model that includes multiple search engines.
�We are very happy, having extended our agreement with Google.
This renewal reflects the positive relationship established between
our companies and a relationship that has allowed IncrediMail to
continue to perform well,� said Ofer Adler, IncrediMail�s CEO. �The
contract renewal facilitates our current business strategy, which
allows IncrediMail users to carry out �Google searches�, will
continue to move forward for another two years. It also reaffirms
our commitment to our current business model that we believe has
demonstrated our approach to monetizing our user base is clearly
working.�
About IncrediMail Ltd.
IncrediMail Ltd. (NASDAQ: MAIL) is an internet company that
develops customized, downloadable graphic consumer applications
used to generate search related revenues and designs, markets and
delivers high end personal desktop software. The company�s award
winning e-mail client product, IncrediMail Premium, is sold in over
100 countries in 10 different languages. Other products include,
HiYo a graphic add-on to instant messaging software, Magentic, a
wallpaper and screensaver software, and PhotoJoy, software for
presenting digital personal photos.
Forward-Looking Statements
This press release contains historical information and
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 with respect to the
business, financial condition and results of operations of the
Company. The words "believe," "expect," "intend," "plan," "should"
and similar expressions are intended to identify forward-looking
statements. Such statements reflect the current views, assumptions
and expectations of the Company with respect to future events and
are subject to risks and uncertainties. Many factors could cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements, including, among others, changes in the
markets�in which the Company operates and in general economic and
business conditions, loss of key customers and unpredictable sales
cycles, competitive pressures, market acceptance of new products,
inability to meet efficiency and cost reduction objectives, changes
in business strategy and various other factors, both referenced and
not referenced in this press release. Various risks and
uncertainties may affect the Company and its results of operations,
as described in reports filed by the Company with the Securities
and Exchange Commission from time to time. The Company does not
assume any obligation to update these forward-looking
statements.
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