WOODLAND HILLS, CA -- 07/24/08 --
ReachLocal, Inc.
ReachLocal Inc.
(
http://www.reachlocal.com), a leading provider of local Internet marketing
solutions for small- to medium-sized businesses, announced today that it
has built out its management team with the hiring of Ross Landsbaum as
Chief Financial Officer and Adam Wergeles as General Counsel.
Landsbaum joins ReachLocal with more than 20 years of experience in finance
and operations at both multi-location customer service-oriented businesses
and diversified media companies. Most recently, he was at MacAndrews &
Forbes' Panavision, a leading service provider to the global motion picture
and television industries, where he was Chief Financial Officer and,
subsequently, Chief Operating Officer. Prior to Panavision, he was
Executive Vice President of Finance and Operations and Chief Financial
Officer for Miramax Films. Landsbaum also served as Chief Financial
Officer and in other senior posts at Spelling Entertainment Group Inc.,
then a NYSE-listed diversified entertainment concern. Landsbaum earlier
spent nine years at Arthur Andersen in various capacities.
"Ross' background in the critical areas of finance and operations at both
large, diversified media companies and blue-ribbon service businesses is
unique and strongly complements our management team," said Zorik Gordon,
CEO of ReachLocal. "As ReachLocal continues to diversify its service
offering and expand its geographic footprint, Ross will play a vital role
in our future."
"I am excited to join the ReachLocal management team that has, under
Zorik's leadership, built and grown a business that delivers first-class
Internet marketing services to over 10,000 current SMB advertisers," said
Landsbaum.
Wergeles comes to ReachLocal as General Counsel, with over 15 years of
experience providing legal advice to companies in all stages of
development, and a specific expertise representing Internet companies.
Most recently, Wergeles served as Chief Legal Officer for VendareNetblue
(now Connexus Corp.), a leading online media company. Before
VendareNetblue, Wergeles was Vice President of Operations for Kaplan's
Concord Law School, a pioneer in online legal education. Prior to that, he
worked as General Counsel and Corporate Secretary for Quisic Corporation, a
venture-backed e-learning company.
"With Adam's online media experience and broad legal background, he is an
ideal addition to the ReachLocal management team," said Gordon. "We are
very happy to have him aboard."
Both Landsbaum and Wergeles are based at ReachLocal's headquarters in
Woodland Hills, California.
About ReachLocal Inc.
ReachLocal Inc. (www.reachlocal.com) is a leading
provider of local online marketing solutions for small- and medium-sized
businesses. Through its patent-pending technology and proprietary network
of Internet Marketing Consultants (IMCs), ReachLocal helps SMBs drive
customer leads from major search engines to their telephone with a simple,
scalable, automated and inexpensive platform.
ReachLocal creates these search campaigns with one budget that links
businesses' online advertising spend to their offline sales activities,
which provides true advertising ROI transparency through its ability to
track and analyze campaigns. ReachLocal makes available to advertisers
over 98 percent of the major search engine landscape through alliances with
Google, Yahoo! and MSN. Founded in 2004, ReachLocal is a privately held
corporation backed by VantagePoint Venture Partners, Rho Ventures and
Galleon Crossover Fund and is led by Zorik Gordon, its Chief Executive
Officer. The company is headquartered in Woodland Hills, California with
offices located throughout the United States; Sydney and Melbourne,
Australia; and Toronto, Canada.
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Contact:
David Glaubke
Director of Corporate Communications
ReachLocal Inc.
(818) 936-9908 office
