Business Services Industry
infoUSA Buys Calgary Business Directory
Business Wire, April 30, 2002
Business Editors
OMAHA, Neb.--(BUSINESS WIRE)--April 30, 2002
infoUSA, (Nasdaq:IUSA) the leading provider of proprietary business and consumer databases and sales and marketing solutions in Canada and the U.S.A. purchased the Calgary Business Directory from Key Contacts Directories Ltd.
The deal gives infoUSA (operating as infoCanada in the Canadian marketplace) an entree into the growing Calgary and Alberta market and expands infoCanada's presence in the West. infoCanada currently has offices in Montreal, Toronto, Mississauga, Vancouver and now Calgary.
"This deal provides us a major presence in the Western region of Canada allowing us to reinforce our position as the leading provider of marketing databases in the country," said Vin Gupta, founder and chairman of infoUSA. "The synergies between Calgary Business Directory and infoUSA will enable us deliver even greater value to our customers."
The Calgary acquisition establishes a solid foundation in the market. "We will build upon this presence to significantly expand our sales and marketing presence in this exciting market," according to Jack Landry, Senior Vice President of Field Sales with infoCanada.
About infoUSA
infoUSA (www.infoUSA.com), founded in 1972, is the leading provider of business and consumer information products, database marketing services, data processing services and sales and marketing solutions. Content is the essential ingredient in every marketing program, and infoUSA has the most comprehensive data in the industry, and is the only company to own a proprietary database of 250 million consumers and 14 million businesses under one roof. The infoUSA database powers the directory services of the top Internet traffic-generating sites, including Yahoo! (Nasdaq:YHOO) and America Online (NYSE:AOL). Nearly 4 million customers use infoUSA's products and services to find new customers, grow their sales, and for other direct marketing, telemarketing, customer analysis and credit reference purposes. infoUSA headquarters are located at 5711 S. 86th Circle, Omaha, NE 68127 and can be contacted at (402) 593-4500.
Statements in this announcement other than historical data and information constitute forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, but are not limited to, recent changes in senior management, the successful integration of recent and future acquisitions, fluctuations in operating results, failure to successfully carry out our Internet strategy or to grow our Internet revenue, effects of leverage, changes in technology and increased competition. More information about potential factors that could affect the company's business and financial results is included in the company's filings with the Securities and Exchange Commission.
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