Avram Miller to Join CMGI Board of Directors
BusinessWire, Tuesday, April 13, 1999 at 08:04
ANDOVER, Mass.--(BUSINESS WIRE)--April 13, 1999--CMGI, Inc.
(NASDAQ:CMGI) today announced the appointment of Avram Miller to its
Board of Directors. Miller, former Vice President of Intel
Corporation, played a key role in establishing Intel's venture
investment group, currently one of the leading high tech corporate
venture organizations.
"As an Advisory Board member for CMGI, Avram has always provided
a unique and seasoned perspective to our business, and we're thrilled
to welcome his expanded role on our Board of Directors. His experience
and industry insight, particularly in the broadband arena, will be a
tremendous asset to CMGI's future growth," said David Wetherell,
Chairman and CEO, CMGI.
"I've had the opportunity to work with CMGI over the last several
years and have the greatest respect for its capabilities. Dave
Wetherell has assembled a very talented group of executives and board
members. I'm excited by the opportunity to be a part of this team, and
to bring my knowledge and contacts to bear in the continuing growth of
the company," said Miller.
In addition to his CMGI post, Miller serves on the Board of
Directors of King World, Inc., the leading worldwide distributor of
first-run television programming, and is a member of the Board of
Trustees for the California Institute of the Arts, an educational
institution dedicated to the careers of young professionals in the
arts. Miller is also the Chairman of the Board of Directors of
Plugged-In, a non-profit organization with a mission to bridge the
technological gap between East Palo Alto, CA and the Silicon Valley.
About CMGI
A recognized leader in the Internet arena, CMGI (NASDAQ:CMGI)
has built a sizeable base of Internet operating companies and, through
its @Ventures affiliate, a large number of related and synergistic
Internet investments, using the businesses and technologies of these
units to enhance the value of its core operating companies. This
unique method of creating equity for its shareholders is what CMGI
calls "creating net value." Microsoft, Intel and Sumitomo hold
minority positions in CMGI.
The CMGI Internet Group consists of its majority-owned subsidiary
companies Activerse, Adsmart, Engage Technologies, NaviSite, NaviNet,
Planet Direct, Magnitude Network and ZineZone. The Company's @Ventures
affiliates have ownership interests in Lycos, Inc. (NASDAQ:LCOS),
blaxxun, GeoCities (NASDAQ:GCTY), Vicinity, ThingWorld.com, KOZ.com,
Silknet, Chemdex, Speech Machines, Softway Systems, TicketsLive,
Critical Path, MotherNature.com, Raging Bull, Universal Learning
Technology, Visto, Virtual Ink, Ancestry.com, ONElist, Furniture.com,
OneCore Financial Network, Asimba and eCircles.com. CMGI also includes
CMG Direct, SalesLink, InSolutions and On-Demand Solutions as
majority-owned subsidiaries in the direct marketing, fulfillment and
turnkey arenas.
Corporate headquarters is located at 100 Brickstone Square,
Andover, MA 01810. Telephone: 978-684-3600. Fax: 978-684-3814.
Additional information is available on the company's Web site
cmgi.com
CONTACT: CMGI
Deidre Moore, 978/684-3655
dmoore@cmgi.com
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