Adconion Media Group Grows U.S. Reach by 94 Percent in One Year - Only Independent Global Ad Network Now Ranked Eighth in the U.S.

According to comScore -



    SANTA MONICA, Calif., July 22 /PRNewswire/ -- Adconion Media Group, the
 only independent global advertising network, today announced it nearly
 doubled its U.S. audience reach year over year, posting 94 percent growth
 for a rate outpacing every top 10 network for which comScore data are
 available including Google, Specific Media, ValueClick Networks and Tribal
 Fusion. According to the same data, Adconion's reach grew 27.4 percent from
 January-June 2008.
 
     Adconion is now the eighth largest network in the United States
 reaching over 125 million unique Internet users in June 2008, or 66 percent
 of the market, according to comScore. Globally, Adconion reaches over 244
 million unique users.
 
     "Expanding our audience network's reach is a crucial piece of our
 mission to be a true partner to agencies and marketers by offering both an
 independent, global perspective and tailored services to protect their
 brands and reach the right consumer across platforms," said Tyler Moebius,
 founder and chief executive officer of Adconion, based in Santa Monica.
 "Adconion's vastly increased reach both in the U.S. and globally
 contributed to revenue growth of 35 percent from Q1 to Q2 this year."
 
     Since completing a record $80 million Series C round of funding in
 February 2008 and subsequently acquiring leading direct marketer Frontline
 Direct in March, Adconion has invested heavily in the North American
 market, opening offices in Santa Monica, New York, Toronto, San Diego,
 Chicago and Detroit, in addition to steadily growing its dedicated global
 sales team. Adconion now employs nearly 250 people in 12 offices worldwide.
 
     "We are committed to closely collaborating with agencies and marketers
 to build lasting relationships with them and their brands," said Keith
 Kaplan, Adconion's President of North America, based in New York. "Our
 focus continues to be on growing our audience network by working with high
 quality publishers, developing proprietary audience targeting technology
 and further broadening our global footprint to enable our clients to reach
 their audience in the U.S. and around the world."
 
     About Adconion
 
     Adconion Media Group is the only independent global advertising
 network. The company completed a record $80 million Series C round of
 funding led by Index Ventures in February 2008. Since its founding in 2005
 Adconion has focused on the realization of performance-driven branding
 campaigns that deliver massive global reach. Adconion's clients consist of
 advertising agencies and direct advertisers as well as its partner base of
 premium websites from a wide range of sectors. Adconion combines its
 in-house technology and high touch client service with quality media to
 exceed its partners' campaign objectives. The company has offices around
 the world in London, Munich, Hamburg, Paris, Melbourne, Sydney, New York,
 Toronto, Santa Monica, San Diego, Chicago and Detroit. Adconion is member
 of the International Advertising Bureau (IAB) and a founding member of IASH
 Europe. Visit Adconion at www.adconion.com.
 
 
 

SOURCE Adconion Media Group

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