..and since I'm on a roll......GoTo.com Names Paul Schulz General Manager of B2B as Company Expands Business-to-Business Capability
PR Newswire - April 24, 2000 07:14
PASADENA, Calif., April 24 /PRNewswire/ -- GoTo.com (Nasdaq: GOTO), the company that revolutionized the way people and businesses search for products, services and information on the Internet, today announced that Paul Schulz has been named General Manager of B2B, a new business unit. Previously, Mr. Schulz served as the company's Chief People Officer (CPO). Prior to joining GoTo.com, Mr. Schulz was President of the Recycler Classifieds, a collection of over twenty-five local classified papers. Before his tenure at the Recycler, Mr. Schulz spent five years as an engagement manager in the Los Angeles office of McKinsey & Company.
In recent weeks, GoTo.com has accelerated its efforts in the Business-to-Business sector, signing deals with online small business community sites SmartAge and Onvia and launching a new small business directory, which features links to sites that provide products and services used by small and mid-sized businesses.
About GoTo.com
GoTo.com revolutionizes the way people and businesses search for products, services and information on the Internet. Consumers conduct searches using the GoTo.com search service at its Web site and through its affiliate partners, at thousands of locations across the Internet.
Advertisers bid in an ongoing auction for priority placement in the search results with the highest bidder's site appearing first in the results. Each advertiser pays GoTo.com the amount of its bid whenever a consumer clicks on an advertiser's listing in the search results. This dynamic, together with GoTo.com's streamlined search method, improves a consumer's ability to quickly and easily find relevant Web sites providing products, services and information. GoTo.com ended the fourth quarter of 1999 having made approximately 73,000,000 paid introductions between consumers and advertisers and currently has more than 25,000 advertisers in its marketplace. GoTo.com is located in Pasadena, California and can be found online at www.goto.com .
Statements in this press release constitute "forward-looking statements." These forward-looking statements are inherently uncertain. Actual results may differ materially from these forward-looking statements due to factors such as: the risk that overall traffic in the GoTo.com network might not materially increase and might decrease. For a discussion of some of the other risks and factors that could affect GoTo.com's future results, see the discussion of "Risk Factors" in its Prospectus, dated June 18, 1999 and in its December 31, 1999 10K.
SOURCE GoTo.com
/Contact: Al Duncan of GoTo.com, 626-685-5714, or Al@GoTo.com; or
Richard Berman of Middleberg + Associates, 415-693-9580, or
Richard@Middleberg.com /
/Web site: goto.com /
(GOTO) |
