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Technology Stocks : NetGravity [NETG] -- Ignore unavailable to you. Want to Upgrade?

To: PhilT who wrote (482)	5/19/1999 9:58:00 AM
From: RDR	Read Replies (1) \| Respond to of 589

Following is a reply from NETG IR I got today.... Dear Ripu, Thank you for your interest in NetGravity. In response to your message, the market for online interactive marketing solutions is new, intensely competitive and rapidly evolving. NetGravity is actively engaged in this aggressive industry competition and typically wins about as many customers from competitors as anyone else. For the past year, we have been adding approximately 40 new customers every quarter and now have a worldwide customer base numbering more than 360, including many of the leading e-commerce sites, advertising agencies, and Web publishers. Included in our customer base are some of the websites with the highest traffic in the world. Indeed, one of NetGravity's key strengths is the ability of our software and service offerings to scale. We are not aware of one customer who has stopped using a NetGravity solution due to scaling issues. Moreover, we believe that DoubleClick has not successfully taken one NetGravity customer through their offer to reimburse a portion of the cost to buy the NetGravity system. In the past week, NetGravity has announced a number of significant developments: a partnership with net.Genesis to improve online marketing campaigns and increase revenues; AdServer 4, our next generation internet advertising and marketing management solution; and a partnership with NetRatings to provide our customers with detailed audience data for improved media planning. We also held our first NetGravity Worldwide User Conference '99, whose 2-day agenda of speakers and events attracted over 150 attendees. Earlier this month, we announced customer relationships with leading Internet publishers and networks in Latin America including Cade and Zaz in Brazil, InfoAcces in Mexico, and Prima in Argentina. And as announced April 30, NetGravity recently gained a key executive who will be critical to the success of our growth strategy: Eric Spivey has joined NetGravity as president and CEO, bringing extensive operational, merger and acquisition, and international expertise to the Company. These press releases are available in the "Press" area of our website. NetGravity is the only company to have a significant market position in, and provide products to, all three segments of the interactive marketing arena: e-commerce merchants, advertising agencies, and content publishers. If you would like to receive press releases about NetGravity developments as they are announced, please visit the Investors portion of our website and sign up for our "ng-announce" mail list. Sincerely, Investor Relations Rishi, Ripu wrote: > Hi, > > I am an investor in the Netgravity and over the last year or so have liked > the way business model is being implemented. Based on the market's reaction > and knowing a bit about Internet, I think Netgravity is very well positioned > long term. I noticed an article in Forbes suggesting that Netgravity is > lossing upto 50 customers to competition such as Minning.com. > > My concern is that lack of positive news from Netgravity does not help the > shareholders and in fact creates a very negative environment. I was > wondering if the PR department is looking into this aspect and planning to > increase the awareness of the general market with respect to Netgravity's > Business and likely oppourtunities. > > Regards,