Avram Miller to Join CMGI Board of Directors
BUSINESS WIRE - April 13, 1999 08:25
ANDOVER, MASS. (April 13) BUSINESS WIRE -April 13, 1999--CMGI, Inc. (Nasdaq:CMGI) today announced the appointment of Avram Miller to its Board of Directors. Miller, former Vice President of Intel Corporation, played a key role in establishing Intel's venture investment group, currently one of the leading high tech corporate venture organizations.
"As an Advisory Board member for CMGI, Avram has always provided a unique and seasoned perspective to our business, and we're thrilled to welcome his expanded role on our Board of Directors. His experience and industry insight, particularly in the broadband arena, will be a tremendous asset to CMGI's future growth," said David Wetherell, Chairman and CEO, CMGI.
"I've had the opportunity to work with CMGI over the last several years and have the greatest respect for its capabilities. Dave Wetherell has assembled a very talented group of executives and board members. I'm excited by the opportunity to be a part of this team, and to bring my knowledge and contacts to bear in the continuing growth of the company," said Miller.
In addition to his CMGI post, Miller serves on the Board of Directors of King World, Inc., the leading worldwide distributor of first-run television programming, and is a member of the Board of Trustees for the California Institute of the Arts, an educational institution dedicated to the careers of young professionals in the arts. Miller is also the Chairman of the Board of Directors of Plugged-In, a non-profit organization with a mission to bridge the technological gap between East Palo Alto, CA and the Silicon Valley. About CMGI
A recognized leader in the Internet arena, CMGI (Nasdaq: CMGI) has built a sizeable base of Internet operating companies and, through its @Ventures affiliate, a large number of related and synergistic Internet investments, using the businesses and technologies of these units to enhance the value of its core operating companies. This unique method of creating equity for its shareholders is what CMGI calls "creating net value." Microsoft, Intel and Sumitomo hold minority positions in CMGI.
The CMGI Internet Group consists of its majority-owned subsidiary companies Activerse, Adsmart, Engage Technologies, NaviSite, NaviNet, Planet Direct, Magnitude Network and ZineZone. The Company's @Ventures affiliates have ownership interests in Lycos, Inc. (Nasdaq: LCOS), blaxxun, GeoCities (Nasdaq: GCTY), Vicinity, ThingWorld.com, KOZ.com, Silknet, Chemdex, Speech Machines, Softway Systems, TicketsLive, Critical Path, MotherNature.com, Raging Bull, Universal Learning Technology, Visto, Virtual Ink, Ancestry.com, ONElist, Furniture.com, OneCore Financial Network, Asimba and eCircles.com. CMGI also includes CMG Direct, SalesLink, InSolutions and On-Demand Solutions as majority-owned subsidiaries in the direct marketing, fulfillment and turnkey arenas.
Corporate headquarters is located at 100 Brickstone Square, Andover, MA 01810. Telephone: 978-684-3600. Fax: 978-684-3814. Additional information is available on the company's Web site cmgi.com
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