Engage Technologies Signs Thirty New Customers and Completes Merger with Accipiter, Inc.
ANDOVER, Mass. and RALEIGH, N.C.--(BUSINESS WIRE)--Oct. 26, 1998--
Unified powerhouse creates privacy centric visitor profiling and comprehensive online advertising solutions with worldwide distribution
Engage Technologies(tm), the leading provider of online precision marketing technology, and Accipiter, Inc., an industry leading ad management provider, today announced they have signed on thirty new customers and have completed their merger. The new powerhouse will retain the Engage Technologies namesake and be headquartered in Andover, Massachusetts. The company also has a European operations including, Accipiter Ltd., now Engage Technologies UK. Corporations world-wide can now turn to one strategic partner, who is dedicated to offering standards-based online marketing and advertising solutions resulting in targeted campaigns and increased return on investment.
The new customers to benefit from the combined product offerings available through the merger include; 1&1 Dialog, AdValue, Ancestry.com, Carlton Online, InterAd, IPC Magazines, ITN, HealthStreet, Kermit Ventures, Net Noir, Ostgota, Scotland Online, Sony Online Entertainment, Teleport, Tkom, Upsala, USA Networks, Yum Yum, and ZD Europe. With the addition of these new customers, Engage technology is now installed at over 2000 leading Web sites worldwide such as; beeb@ the bbc, CNET, Cyberian Outpost, Happy Puppy, Lycos, Microsoft, Nando.net, Prodigy, and WebTV.
"As a pioneer in the industry, this merger positions Engage as a provider of the most comprehensive one-to-one marketing solutions available in the industry today," said Paul Schaut, CEO of Engage Technologies. "With the new millennium fast approaching and the drive towards creating deeper relationships through the Internet, organizations want a partner that can help them develop effective online marketing solutions while leveraging existing Internet investments. We believe that the combined technology offering from Accipiter and Engage provides the solutions necessary to meet this demand."
Although having only recently completed the formal merger of companies, Engage has been marketing integrated product offerings since April of this year. Engages' Precision Profiling technology has been seamlessly integrated into the Accipiter Online Advertising products, which include Accipiter AdManager and Accipiter AdBureau, for profile-enabled ad targeting on the Web.
The Precision Profiling products help corporations dramatically increase the relevance of their Web site advertising, editorial and commercial content for both first-time and repeat visitors by providing comprehensive anonymous, behavior-based visitor profiling technology. Engage ProfileServer allows customers to build site-centric (local) profiles and/or access global profiles from Engage Knowledge, a web-wide database containing 30 Million anonymous user profiles which reflect behavioral interests across 800 top-level interest categories, such as Music, Sports, or Hobbies. Integrating profiling with online advertising software offers industry-leading functionality to create Web visitor profiles for use in real-time marketing and advertising applications. "The solutions from Engage and Accipiter complement one-another and the Accipiter customer base is excited to reap the benefits of the seamless integration of visitor profiling technology into online advertising solutions," said Schaut.
Providing the industry's largest, most comprehensive solution of anonymous data, the Engage Precision Profiling software solution is built with a flexible open architecture. This allows industry partners and customers to easily modify their products for quick, seamless integration and compatibility. Through its Precision Partner Program, Engage already works with the industry's most notable companies on multiple levels. Most recently announced was compatibility with Millward Brown Interactives' new VOYAGER Profile product. Engage will integrate VOYAGER Profile with Accipiter AdManager allowing customers to serve campaigns that are VOYAGER profile-enabled for seamless audience analysis of online advertising.
"To ensure maximum benefit to our customers, Engage Technologies has adopted a position of application independence, working closely with technology partners," said Schaut. "Our recent formation of our Precision Partner Program and partnerships with Andromedia, Microsoft, net.Genesis, Net Perceptions, and RelevantKnowledge reinforces our commitment to establish the standard for profile-based marketing on the Web."
Integrated Industry Leadership
Executive teams from Engage and Accipiter seamlessly integrated the two organizations to include worldwide field offices with extensive sales, telesales, development, and marketing units, including the former Accipiter headquarters in Raleigh, North Carolina. Paul Schaut remains CEO of Engage Technologies running the day-to-day operations, and Chris Evans, founder of Accipiter, has been elected Vice Chairman and will be instrumental in driving the vision and direction of the company. "If the sign of a good merger is how smoothly the teams work together, then this is the best merger I've ever seen," says Chris Evans.
Peter Chaplin has been hired to run the London field office as managing director, working closely with Charles Ashley, general manager, and the rest of the Accipiter Ltd. executive management team. Peter Chaplin brings more than 15 years experience of working for International software companies in senior Sales and Marketing roles. Carlton Online, a new international company within the Carlton Communications Plc media group formed to establish new businesses on the Internet, will soon launch three new sites which benefit from the combined suite of Engage / Accipiter products. "The ability to analyze web audiences and target individual profiles is proving to be a big draw for European customers," said Chaplin.
About Engage Technologies:
Engage Technologies offers high-value Web advertising and marketing solutions that enable customers to anonymously profile and reach their online audience. Engage's recently integrated advertising management solutions from Accipiter, including Accipiter AdManager and Accipiter AdBureau, allow sites to generate revenue through online ad sales and manages the process for over 2000 leading Web sites including CNET, Lycos, MSN, and ZD Europe. The company's Web visitor Precision Profiling technology helps corporations dramatically increase the relevance of their Web site's advertising, editorial and commercial content for both first-time and repeat visitors.
Engage sets the benchmark for privacy on the Web, balancing the needs of online marketers to deliver the best message to the right audience, while protecting individual identity. Engage is a corporate sponsor of TRUSTe (www.truste.org), an active member of the World Wide Web Consortium (www.W3.org), and the Internet Engineering Task Force (IETF), and has developed and submitted one of the few technical specifications for privacy standards on the Web. Corporate headquarters is located at 100 Brickstone Square, Andover, MA 01810. Field offices in Chicago, Japan, Los Angeles, London, New York, Raleigh, and San Francisco. Additional information is available on the company's Web site, www.engage.com.
CONTACT:
Kathleen Kreis Lisa Williams
Engage Technologies Copithorne & Bellows
919.872.7755 617.450.4300
kathleen@engage.com lisa.williams@cbpr.com
KEYWORD: NORTH CAROLINA MASSACHUSETTS NEW YORK CALIFORNIA
BW1305 OCT 26,1998
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