Microsoft Executives added to the INSP Team!
( BW)(WA-INFOSPACE)(INSP) Two Former Microsoft Veterans Join
InfoSpace's Executive Management Team
Business Editors, Technology Writers
BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 18, 2001--
Jan Claesson brings to InfoSpace more than 20-years of senior
management experience, including 11-years in executive management
positions at Microsoft; Claesson is charged with building new and
extending current relationships with leading wireless carriers in
North and South America
York Baur brings more than 15 years of executive sales and
marketing experience and a strong technical background to
InfoSpace; Baur will lead InfoSpace's charge of providing
infrastructure services to wireline and broadband partners
InfoSpace, Inc. (Nasdaq:INSP), a leading provider of the platform
and applications that enable partners to deliver consumer and commerce
services across the Internet to any device over current and
next-generation networks, today is pleased to announce the addition of
two senior members to the InfoSpace management team -- Jan Claesson as
executive vice president, wireless, and York Baur, as executive vice
president, wireline and broadband. Claesson and Baur, both former
Microsoft Corporation executives, bring more than 35 years of senior
management experience to InfoSpace.
"We are committed to broadening the leadership across our
organization by adding seasoned, world-class executives who complement
the strengths of InfoSpace's current senior management team," said
Naveen Jain, chairman and CEO of InfoSpace, Inc. "Jan and York bring
vast experience and unique perspectives to InfoSpace, and we are
pleased to have them on the team. Their talents, expertise and skills
are valuable assets to help us grow for the future and continue
delivering long-term value for our partners and our shareholders."
Claesson joined Microsoft in 1985 when it was a private company
and spent more than a decade holding several executive positions
spanning groups of more than 1,000 people and $1.5 billion in
revenues. Most notably and recently, Claesson directed Microsoft's OEM
(Original Equipment Manufacturer) efforts with its top 10 customers in
the U.S., including Compaq, Dell, Gateway and others. In this role,
his team produced a significant portion of Microsoft's net income by
building revenues and relationships, while laying the foundation for a
multi-billion dollar division.
"InfoSpace has demonstrated tremendous vision and execution in the
wireless industry since 1996," said Jan Claesson, InfoSpace executive
vice president, wireless. "The InfoSpace wireless platform has
garnered fantastic traction in the global marketplace, which is a
testament to the Company's relentless efforts and strong technology. I
am thrilled at the opportunity to lead InfoSpace's wireless business
unit and look forward to the challenges and many successes ahead."
Claesson's other accomplishments at Microsoft included
establishing international subsidiaries, controller for Europe, part
of the senior team for International efforts, leading developer and
corporate support, and building significant revenues with the systems
integrators.
Baur brings to InfoSpace more than 15 years of executive sales and
marketing experience with public, private and start-up companies, as
well as a strong technical background.
His experience includes the position of group manager of the
Solutions Information Group, a group he helped co-found, at Microsoft.
He managed a group responsible for developing, producing and promoting
Microsoft's DevCast, Business Solutions Telecast and TechEd developer
events worldwide. These efforts reached more than 100,000 developers
and technical decision-makers annually with Microsoft strategy,
product offerings and services. Today this group is responsible for
the millions of value added resellers, developers, and systems
supporters that have made Windows(R) the success it is today.
"InfoSpace's wireline Internet infrastructure business is the
Company's current foundation and includes many Internet blue-chip
clients, including AOL, Microsoft, Lycos, Walt Disney, NBC, among
thousands of others," said York Baur, InfoSpace executive vice
president, wireline and broadband. "The `wired' Internet is not going
away and the opportunities today's economic climate presents for the
long-term are vast, especially as we continue to target the broadband
market and strike relationships similar to InfoSpace's recent
announcement with Verizon's ISP businesses."
Prior to joining InfoSpace, he co-founded and served as vice
president, sales and marketing, for SafariDog, Inc., a start-up
focused on developing and marketing next-generation broadband
applications.
Previously, Baur served as vice president of sales for the
business communications group for InterVU, Inc., now Akamai
Technologies, Inc., and vice president for Cyberprise Products at Wall
Data, Inc.
About InfoSpace, Inc.
InfoSpace, Inc. (Nasdaq:INSP) provides an integrated technology
platform and suite of applications that enable partners to deliver
consumer and commerce services across the Internet to any device over
current and next-generation wireless, broadband and narrowband
networks. The Company's array of products includes consumer services,
such as communication, entertainment, gaming and speech applications,
as well as commerce services, including payments, promotions and
shopping. Together, the InfoSpace platform and applications comprise a
highly flexible and scalable end-to-end solution that can be rapidly
deployed under a partner's brand. InfoSpace's partners and affiliates
include more than 3,200 Web sites and companies worldwide, including
Verizon, AT&T Wireless, Cingular Wireless, ALLTEL, Virgin Mobile,
Charles Schwab, Intel, Lucent, Nortel, AOL, Microsoft, Lycos, National
Discount Brokers and Bloomberg, among others.
This release contains forward-looking statements relating to the
development of InfoSpace, Inc.'s products and services and future
operating results, that are subject to certain risks and uncertainties
that could cause actual results to differ materially from those
projected. The words "believe," "expect," "intend," "anticipate,"
variations of such words, and similar expressions identify
forward-looking statements, but their absence does not mean that the
statement is not forward-looking. These statements are not guarantees
of future performance and are subject to certain risks, uncertainties
and assumptions that are difficult to predict. Factors that could
affect InfoSpace's actual results include the progress and costs of
the development of our products and services and the timing of market
acceptance of those products and services. A more detailed description
of certain factors that could affect actual results include, but are
not limited to, those discussed in InfoSpace's Annual Report on Form
10-K, in the section entitled "Factors Affecting Our Operating
Results, Business Prospects and Market Price of Stock." Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release. InfoSpace
undertakes no obligation to update publicly any forward-looking
statements to reflect new information, events or circumstances after
the date of this release or to reflect the occurrence of unanticipated
events.
--30--GP/se*
CONTACT: InfoSpace, Inc.
Steve Stratz, 425/709-8167
steve.stratz@infospace.com
or
InfoSpace, Inc.
Nicole Knowles, 425/201-8930
nknowles@infospace.com
KEYWORD: WASHINGTON
INDUSTRY KEYWORD: E-COMMERCE INTERNET NETWORKING
MANAGEMENT CHANGES
SOURCE: InfoSpace, Inc.
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