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October 11th, 2002, 11:00 AM #1
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>LinkShare Corporation Named New York's Fastest Growing Technology Company In Deloitte & Touche 'Fast 50' Program
NEW YORK, Oct. 11 /PRNewswire/ -- LinkShare Corporation, a leader in performance-based marketing, has been named to Deloitte & Touche's prestigious "2002 Technology Fast 50" program for the New York City, Westchester and Rockland Counties region. LinkShare's first place ranking, based on the Company's 32,185% revenue growth from 1997 to 2001, was announced at an awards dinner last night, Thursday, October 10, 2002, at the Ritz-Carlton New York, Battery Park. LinkShare leads an esteemed group of companies on this year's list that span various industries, from telecommunications and semiconductors to biotech and pharmaceutical.
"In an era where technology companies come and go, making the Deloitte & Touche Fast 50 is a testament to a company's vision that produces growth over a five-year period," Larry Wizel, managing partner of the New York Technology Fast 50 program said. "LinkShare has proven that its leadership has the right stuff for growth, and we at Deloitte & Touche salute the Company's accomplishments."
LinkShare provides an online marketplace where businesses can build pay-for-performance relationships that minimize customer acquisition costs, and maximize the revenue-generating potential of their websites. By participating in LinkShare's affiliate marketing networks, online businesses desiring additional sales, registrations, leads, or other activity are able to forge alliances with hundreds of thousands of affiliate sales partners seeking to monetize their traffic. The 32,185% growth and resulting ranking are evidence of how LinkShare's business solutions have successfully delivered value to its customers, even in a challenging market environment.
LinkShare's Chairman and CEO, Stephen Messer, credits vision, discipline, passion, and a company-wide entrepreneurial spirit for the impressive revenue growth. LinkShare pioneered the affiliate marketing industry with its patented tracking technology, launching the industry's first affiliate marketing network. "We have always adhered to a guiding philosophy of maximizing resources to build a company that can stand on its own. Our tremendous revenue growth is further distinguished by the fact that we were the first company in our space to become profitable, and we have sustained that profitability for over a year already," stated Messer. "We are especially proud that our performance-based business model enables our success to translate into the success of our clients' affiliate marketing programs."
To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 1997 and $1,000,000 in 2001, must be public or private companies headquartered North America, and be "technology companies" defined as companies that own proprietary technology which contributes to a significant portion of the company's operating revenues or devotes a high percentage of effort to research and development of technology.
A broadcast of the October 10th awards program can be seen at: http://www2.invision.net/broadcast.cfm or http://www.fast50.com.
About LinkShare Corporation
LinkShare Corporation (http://www.linkshare.com) provides the marketing platform and hosts the online marketplace where businesses build pay-for- performance relationships that minimize customer acquisition costs, and maximize the revenue-generating potential of their websites. By participating in The LinkShare Network(R), B2B LinkShare(SM), LinkShare Japan(SM) and LinkShare UK(SM) affiliate marketing networks, online "merchants" desiring additional sales, registrations, or activity are able to forge alliances with hundreds of thousands of "affiliates" seeking to monetize their traffic. These affiliate relationships provide merchants with cost effective customer acquisition and additional sales. LinkShare's merchants include OfficeMax, J.C. Penney, 1-800-Flowers.com, AT&T, American Express, Avon Products and Dell Computer. LinkShare was founded in 1996 and is headquartered in New York City, with offices in San Francisco, Denver, and Chicago.
As a worldwide leader in pay-for-performance affiliate marketing programs for companies doing business on the Web, LinkShare is proud to receive financial, operational and strategic support from Mitsui & Co., Ltd. (Nasdaq: MITSY), Mitsui & Co. (U.S.A), Inc., and Internet Capital Group (Nasdaq: ICGE).
About Deloitte & Touche LLP
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at http://www.deloitte.com/us. For more information on the Technology Fast 50 and Fast 500 programs, please visit http://www.fast50.com.
This press release may contain forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of LinkShare's future performance, additional financing requirements, and the effect of economic conditions in the B2C and B2B e-commerce market.
Copyright 2000, PR Newswire<HR></BLOCKQUOTE>
<font size="2" face="Verdana">Haiko
The secret of success is constancy of purpose. ~ Disraeli</font></p>
October 11th, 2002, 12:23 PM #2
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