NEW YORK, Oct. 24 /PRNewswire/ -- Palladium Equity Partners, LLC, a New
York-based private equity firm, announced today that it has made an
investment in DailyMe, Inc., a media company that provides personalized
news and information on-demand, delivered across multiple media platforms.
Gary D. Nusbaum, Managing Director of Palladium, said, "DailyMe is a
leading media company that is bringing an innovative, quality service to
the market combining the best of online and print media. Eduardo Hauser,
Founder and President of the Company, is an energetic and visionary
entrepreneur with extensive media and technology experience. Eduardo has
assembled an impressive team which is combining cutting edge technology
with a relevant, consumer- oriented product. They have a unique and
compelling business strategy that Palladium is delighted to support."
DailyMe Founder and CEO, Eduardo A. Hauser said, "This investment by
Palladium is an important next step in the development of DailyMe,
providing sufficient resources to continue developing DailyMe's
personalized news and community features through our Beta period and
beyond. It also acknowledges the importance of personalized, online news
delivery as a space to watch as the transformation of the traditional media
continues. We are pleased to be partnering with Palladium and look forward
to the insight and support Gary and the Palladium team will provide."
On October 9, DailyMe made the service available to the general public.
Different than other online news sources, DailyMe builds a personalized
news digest for each reader based on his or her own personal preferences,
using choices of news categories, keywords, individual news sources, and
pre- configured profiles developed by both the editorial team and DailyMe
users. Each user's edition of DailyMe is drawn from a combination of
thousands of licensed, professional news sources as well as user-generated
content. Further, each user can choose to have DailyMe delivered via the
web, sent via email or automatically printed from their personal computer
printer at a specified time of day.
Palladium was joined in the investment by prior DailyMe investors Miles
Gilburne, a leader in digital media, and Jose Luis Suarez, an international
To join, and for more information on DailyMe, please visit the DailyMe
website (www.dailyme.com) and the DailyMe Blog
About DailyMe, Inc.
Based in Hollywood, Florida, DailyMe (www.dailyme.com) is a news
provider, content platform and social community that allows users to
personalize, aggregate, share and interact with the news, blogs, columns
and stories of interest to them. Covering everything from world news to
wedding planning, DailyMe draws its stories from thousands of sources,
including licensed content, syndicated content and user-generated content.
DailyMe users can choose the types of stories they want and also choose
between online, email and print delivery. By combining the best practices
of online newspapers,
news portals and traditional print media, DailyMe is changing the way
news and information is read and delivered.
About Palladium Equity Partners
Palladium Equity Partners, LLC (www.palladiumequity.com) is an
investment firm targeting companies in media, business and financial
services, consumer/retail, food/restaurants, healthcare and manufacturing.
Palladium has a particular focus on companies that are well-positioned to
capitalize on the fast-growing U.S. Hispanic market. The principals of
Palladium have invested over $2.5 billion of equity in more than 50
portfolio companies over the last two decades. Formed in 1997, Palladium
currently has capital under management in excess of $750 million.
For Palladium Equity Partners For DailyMe
David Lilly / Laura Walters Cindy Martin / Farrell Kramer
Kekst and Company Farrell Kramer Communications
212-521-4800 847-864-9540 / 201-768-5337
SOURCE Palladium Equity Partners, LLC