MessageMedia Names Martin Johnson Chief Financial Officer
FOR THE RECORD - check the date...
BOULDER, Colo.--(BUSINESS WIRE)--Oct. 4, 1999--MessageMedia Inc. (Nasdaq:MESG), a leading provider of e-mail-based customer relationship management and direct marketing services, today announced the appointment of Martin T. ''Tork'' Johnson as chief financial officer. Mr. Johnson will report directly to Larry Jones, president and chief executive officer, and will be responsible for all financial and administrative disciplines including accounting, planning, treasury, administration and investor relations.
Mr. Johnson, 48, joins MessageMedia from Technology Solutions Company (Nasdaq: TSCC), where his position was Senior Vice President and Chief Financial Officer. Under his direction, publicly held Technology Solutions grew quarterly revenue from $11 million to over $80 million, expanded headcount from 268 to nearly 1,700 and acquired five firms, two of which were abroad. In addition, he significantly increased sell-side analyst coverage and solidified relationships with buy side institutional investors. Previously, Mr. Johnson was Corporate Controller of The Marmon Group, Inc. where he was responsible for all financial, business analysis and accounting activities for 21 corporate entities with 1992 sales of $2.1 billion. His earlier tenure includes financial positions with Group 1 Software Inc. and Zenith Electronics Corporation.
Larry Jones, president and chief executive officer, stated, ''Tork Johnson brings to MessageMedia almost 20 years experience in the management and execution of corporate financial functions. His wealth of public company experience interacting with the investment community will be helpful as the company attempts to grow its analyst and institutional relationships. We are pleased to further strengthen MessageMedia's senior management team as we continue to aggressively pursue the enormous growth opportunities we see in the burgeoning e-mail services market.''
Mr. Johnson holds a B.S. in Electrical Engineering from Lehigh University and a Master of Management from the J.L. Kellogg Graduate School of Management at Northwestern University with a concentration in finance, business policy and operations management. He also serves as a member of the Issuer Affairs Committee of The Nasdaq Stock Market, Inc.
About MessageMedia Inc.
MessageMedia (Nasdaq:MESG) is a leading provider of e-mail-based customer relationship management and direct marketing services. The Company offers a comprehensive suite of outsource messaging services for information delivery, e-commerce services, permission-based direct marketing, ongoing customer communications and real-time customer feedback solutions using industry standard Internet protocols. MessageMedia's customer portfolio includes clients from the financial services, publishing, direct marketing, retailing, software and electronic commerce industries. Clients include E*TRADE, AOL, Apple, Yahoo!, Microsoft, GeoCities, Intuit, CMP Media, Barclays Bank, EDS, CNBC, Universal Studios and Bertelsmann.
Investors in MessageMedia include SOFTBANK and its affiliates, which constitute the world's largest investors in the Internet and Pequot Capital Management, a Connecticut-based research-intensive investment firm.
Note to Editors: ''Safe Harbor'' Statement Under the Private Securities Litigation Reform Act. With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties. These risk factors include, but are not limited to, the integration of a new senior management team, MessageMedia's limited operating history, the integration of recent acquisitions, risks associated with pending and future acquisitions, the anticipated fluctuations in operating results, the uncertain acceptance of new services being offered, and undeveloped and rapidly changing market and other factors detailed in MessageMedia's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and its most recent Quarterly Report on Form 10-Q. All companies and product names are trademarks of their respective owners. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. MessageMedia undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
