Guilherme Ribenboim is ClickOn's New CEO

SAO PAULO, Sept. 27, 2011 /PRNewswire/ -- Guilherme Ribenboim was announced today as ClickOn's new CEO. After 12 years of successful leadership at Yahoo! Latin America and US Hispanics, Ribenboim is taking his widespread experience managing multi-national Internet companies to one of the leaders in the group buying space in Latin America. Since Mosaico's investment in May 2011, ClickOn has experienced more than 70% growth. His mission will be to sustain the astounding growth trajectory driving the company to the number one position in the Latin American market.

"Guilherme brings to ClickOn the experience we need to transition the company from a start-up while maintaining its competitiveness in a highly dynamic market. His proven talent management skills will most certainly be an inspiration to the ClickOn team. We are confident he will help ClickOn grow reaching our aggressive targets while keeping it a financially solid company." states Guilherme Pacheco, partner at Mosaico Internet, ClickOn's investors.

"For me this an unique opportunity to join such a talented team of entrepreneurs and manager, not to mention the chance of being part of the fastest growing market in the Latin American Internet space. The timing was perfect and ClickOn is exactly the next step I wanted in my career, " affirms Guilherme Ribenboim.

With a BA in Economics from PUC-RJ and Master in Economics also from PUC-RJ, Guilherme Ribenboim joined Yahoo! in 1999 when it started its operation in Brazil. During the last 12 years he assumed a variety of different roles, including Director of E-commerce, General Manager Yahoo! Search Marketing and lastly as VP Yahoo! Latin America and US Hispanics.

About ClickOn

ClickOn (www.clickon.com.br) is one of the leading group-buying sites in Brazil and Argentina offering daily deals in more than 50 cities with up to 90% discount. The offers vary in nature including several business segments such as wellness, food and beverage, tourism, entertainment, etc. The company was launched in May 2010 and currently has a team of more than 385 employees in the region.

Cities include Sao Paulo, Belo Horizonte, Curitiba, Fortaleza, Brasilia, Salvador, Porto Alegre, Rio de Janeiro, Recife, Vitoria, ABCD Paulista, Florianopolis, Goiania, Joinville, Sao Luis, Niteroi, Campinas, Sao Paulo Alphaville, Guarulhos, Baixada Santista, Sao Jose dos Campos, Cuiaba, Maringa, Ribeirao Preto, Sao Jose do Rio Preto, Vale dos Sinos, Sorocaba, Itu, Jundiai, Campo Grande, Pocos de Caldas and Londrina, among others.

In Argentina, ClickOn is present in more than 8 cities including Buenos Aires, Cordoba, Mendoza, among others.

MEDIA: FOR FURTHER INFORMATION, PLEASE CONTACT:
Luis Claudio Allan ([email protected]) - +55 (11) 3034-4662
Marcos Viesti ([email protected]) - +55 (11) 3034-4662

SOURCE ClickOn