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To: Puck who wrote (164)9/25/2001 9:01:26 AM
From: Dan Hamilton  Read Replies (1) | Respond to of 787
 
Another credible addition to the INSP team -- this time on the BOD. I wonder what the military angle will bring to the table...

InfoSpace Appoints Gen. Richard D. Hearney to Board of DirectorsHearney brings 39 years of executive management experience with the U.S. Marine Corps, Boeing, McDonnell Douglas and Business Executives for National Security

BELLEVUE, Wash., Sep 25, 2001 (BUSINESS WIRE) -- InfoSpace (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 announced the appointment of Gen. Richard D. Hearney to its Board of Directors.
Hearney, a highly decorated retired Marine Corps officer, also served as vice president, business development of Western Europe for McDonnell Douglas Corporation. He then became vice president of Military Aircraft and Missile Systems Group for the Boeing Company. Hearney is currently president and CEO of Business Executives for National Security (BENS), a non-partisan organization of business leaders who apply lessons of their successful businesses to making our country safer and more secure.

"InfoSpace is an exciting company well positioned in large growth markets," said Hearney. "One of InfoSpace's biggest strengths is its ability to build high-level relationships with leading blue-chip companies, such as AOL, Microsoft and Verizon. InfoSpace is a dynamic company and I look forward to helping them position themselves for even greater success."

"Richard brings a tremendous amount of business and general management experience to InfoSpace's Board of Directors, not to mention a very distinguished and dedicated military career," said Naveen Jain, chairman and CEO of InfoSpace, Inc. "Richard has a proven track record of working with chief executives of Fortune 500 companies and we are looking forward to drawing upon his experience to help us execute our business plan."

Hearney holds a Bachelor of Arts degree from Stanford University and a Master of Arts degree from Pepperdine University. He is also a graduate of the Naval War College in Newport, R.I. Among his many military decorations are the Defense Superior Service Medal, Legion of Merit with gold star, Distinguished Flying Cross, Bronze Star Medal with Combat "V," Purple Heart, Air Medal with Combat "V" and bronze numeral 39, and Navy Commendation Medal with Combat "V."



To: Puck who wrote (164)9/25/2001 10:51:39 AM
From: howsmydrivingal  Read Replies (1) | Respond to of 787
 
Puck,

Are you of the belief that companies like Bear Stearn are not fully aware of some of the potentials for INSP, like Authorize.net?

The aspect of this company that holds my imagination is the eventuality it possesses to bring all things together in a seemless suite of services for merchant, wireless, wireline, and broadband.

We have the Verizon SuperPages contract for 5 years, when the Paperless Promotions gears up and takes off, that is a lot of ready-made merchants to advertise with. Those merchants, in turn, will be exposed to the Authorize.net applications and may be upsold (I could see sales incentives being offered to them).

I could go on about these potentials and I would be completely ignoring other revenue potentials and products that have a chance to significantly impact the bottom line. Maybe that is why you feel Bear Stearns missed mentioning Authorize.net. As you begin to explore this company's potential, it is challenging to touch upon all its faucets succinctly.