INFOSPACE.COM., INC. ANNOUNCES NEW ADDITIONS TO MANAGEMENT TEAM
(PR Newswire; 01/29/99)
Bernee D.L. Strom Named as New President and Chief Operating Officer
REDMOND, Wash., Jan. 29 /PRNewswire/ -- InfoSpace.com Inc. (Nasdaq: INSP),
today announced a number of additions to the management team and board of
directors. Bernee D.L. Strom was named president and chief operating officer
and a director; Randy Massengale was appointed vice president, human resources;
and Chris Matty, formerly director of business development, was named vice
president, strategic development.
"The knowledge, talent and experience these people bring to InfoSpace.com will
significantly build on the solid foundation upon which we can grow our
company's future," said Naveen Jain, founder and CEO of InfoSpace.com. "They
bring a combination of corporate, start-up and technical expertise that will
help take InfoSpace.com through our projected growth."
Ms. Strom will oversee operations, finance, and business development for
InfoSpace.com, the leading provider of private-label solutions for content and
commerce to portals and Internet appliances.
A business executive with over 20 years' experience, Ms. Strom has an extensive
background in business strategy and financing in the information technology
field. She was a founder and a principal of Gemstar Development Corporation,
the creator of VCRPlus+(R) Instant Programmer. Ms. Strom is a member of the
board at Walker Digital, whose first spin-off is Priceline.com, an Internet
commerce company. She has held positions as president and CEO of USA Digital
Radio and MBS Technologies; founder and board member of MilleCom; and
chairperson of Quantum Development. She also resides on the board of directors
of the Polaroid Corporation and Krug International. She was recently named a
trustee of the National Public Radio Foundation and by Cigna to its Board of
Advisors for Telecommunications.
Ms. Strom holds an MBA from UCLA's Anderson Graduate School of Management where
she was a Carter Fellow. She holds a BS, summa cum laude, in mathematics and
history from New York University where she was a General Motors Scholar.
"InfoSpace.com is uniquely positioned within the Internet industry with its
flexible, viable long-term business model that is so critical to Internet
companies today," said Ms. Strom. "Our unique syndication model and
proprietary technology deliver innovative content and commerce solutions to
Internet users, wherever they access the Internet."
Mr. Massengale brings 20 years experience in the high tech field in various
human resources positions ranging from staffing manager to college recruiting
specialist to HR generalist. Prior to joining the company, Mr. Massengale was
the director of human resources for diversity at Microsoft, establishing a
corporate-wide diversity initiative.
Mr. Massengale received senior level human resources certification from the
Society of Human Resources Management. He holds an MS in management from
Antioch University and a BA in communications from Lewis and Clark College.
Mr. Matty joined InfoSpace.com in early 1997 as the director of business
development with broad experience in business development and strategic
marketing. Immediately before joining the company, Matty worked as an
independent consultant to a start-up Internet company assisting with business
development activities. Prior to this, Matty was an international program
manager responsible for securing business in European markets at Claricom
Communications, a start-up division of McCaw Cellular which was later acquired
by AT&T Wireless.
As vice president, strategic development, Mr. Matty is responsible for ensuring
that the company is maintaining focus on its fundamental business strategy.
Mr. Matty works to develop solutions that enable InfoSpace.com to expand the
company's distribution network, increase Internet traffic, enhance content and
commerce offerings and, in turn, grow revenues.
Mr. Matty holds an MBA in marketing and finance and a BS in electrical and
computer engineering, both from the University of Washington.
InfoSpace.com is the leading provider of private label solutions
for content and commerce to portals and Internet appliances. InfoSpace.com's
Internet affiliates include AOL, Netscape, Microsoft, Lycos, go2net Inc.'s
MetaCrawler, Dow Jones (The Wall Street Journal Interactive Edition), ABC
LocalNet and CBS's affiliated TV stations. In addition, InfoSpace.com has
development agreements with a number of providers of Internet access devices
including PCs by Acer America, [Gateway 2000] and Pixel (for Packard Bell NEC),
cellular phones by AT&T Wireless and Unwired Planet, pagers by WolfeTech (for
Motorola), screen phones by InfoGear, Mitel, Mitsui and Lucent, television set-
top boxes by American Interactive Media, @Home, @World, Lucent, On Command,
Planetweb and Source Media, online kiosks by King kiosk platform and Lexitech
kiosk platform, and personal digital assistants by AT&T Wireless, InfoGear and
This announcement contains certain forward-looking statements that involve
known and unknown risks and uncertainties, such as a statement of the Company's
plans, objectives, expectations and intentions. The Company's actual results
could differ materially from those discussed in the forward-looking statements.
Factors that could cause or contribute to such differences include, but are
not limited to, those discussed in the Company's final prospectus dated
December 15, 1998 in the section entitled "Risk Factors." SOURCE
-0- 01/29/99 /CONTACT: Joni Hanson of
InfoSpace.com, Inc., 425-882-1602, or [email protected]; or Ann Marie Sly
of Elgin DDB, 206-287-7136, or [email protected], for InfoSpace/