Canada NewsWire
Give us your message. We'll give you the world.
--------------------------------------------------------------------------------
Canadian Quotes from Telenium
ECG. (TSE)
Attention Business Editors:
Envoy awarded Toshiba America's e-commerce branding
TORONTO, May 3 /CNW/ - Envoy Communications Group Inc. (TSE:ECG),
announced today that their New York subsidiary Hampel/Stefanides was awarded
the online advertising, media planning, and placement for Toshiba America
Inc.. Toshiba, a $6.2 billion diversified electronics and high-technology
enterprise, is headquartered in New York City.
''Toshiba's selection was based largely on our reputation for success in
using the Internet, as well as traditional media, to build e-commerce brands
for accounts such as CD Now, Inktomi and National Discount Brokers,'' stated
Brian Goodall, President of Hampel/Stefanides.
Geoff Genovese, Envoy President and Chief Executive Officer, commented,
''The world is waking up to the fact that the Internet is not about technology
anymore. Technology issues have been solved. It's now about strategy,
marketing and building brands. Client's needs are much more complex. They are
looking for a fully integrated company that can communicate with one voice
across all media. Envoy is well positioned to capitalize on this shift and is
one of the few e-Marketing companies able to build a web-site and then drive
traffic to the virtual store, while building the brand using on and off-line
media.''
Envoy has just released its six-month financial results. Revenue
increased to just over $64 million, a 404% increase over the same period last
year. Net Income also rose to nearly $1.2 million, up 77%, and fully diluted
earnings per share grew to $0.09, up 30% despite being fully taxed this year.
''As evidenced by the recent increase in share price of Envoy and Razorfish,
investors are looking for growth and profitability in e-Marketing companies,''
said Genovese.
A new breed company, Envoy is an integrated e-Marketer, digitally driven
and committed to building global brands both off and on-line. Envoy owns
Devlin Technology, a leader in web development and design, as well as leading
e-Marketing and advertising agencies, the Communique Group, based in Toronto,
and New York's Hampel/Stefanides. Envoy has also signed a letter of intent to
purchase the Watt Design Group, an internationally recognized retail branding,
and package design company.
The Envoy Group's list of e-Marketing clients now includes CDNow, Fedex,
IMAX, The Industry Standard magazine, Inktomi, MAC Cosmetics, Microsoft, MSN,
National Discount Brokers, Toshiba Canada, and Toshiba America, in addition to
adidas, A&W, BASF, Benjamin Moore, Bermuda Telephone, Bridgestone/Firestone,
Canada Life, Castrol, Honda, and LCBO.
-30-
For further information: CONTACT www.envoygrp.com or: Investor
Relations, Jason Mandel, President, Carabiner Investor Relations,
(416) 599-2256; Media, Beverley Hammond, VP, Public Relations, Envoy
Communications Group, (416) 593-7555 X366
ENVOY COMMUNICATIONS GROUP INC. has 25 releases in this database.
|
