NetProspex Reports Record Growth and Platform Enhancements; Removes the Friction in the Sales Process for B-to-B Marketers

WALTHAM, Mass., May 17, 2011 /PRNewswire/ -- Leading sales and marketing contact database firm NetProspex Inc., today announced a number of major achievements following the $5.5 million venture capital financing round led by leading information technology investment firm Edison Ventures in December 2010. The momentum created since funding has helped the company firmly establish itself as the world's most accurate and fastest growing platform for finding B-to-B decision makers.

Since the start of 2011, NetProspex expanded its database of user-generated business contacts by more than 30 percent. Now boasting a total of 21 million verified B-to-B contacts, NetProspex is used by thousands of sales and marketing professionals seeking to generate new business leads with the most accurate, targeted contacts across industries.

NetProspex has added well over 100 new clients, including the Business Information Solutions group at LexisNexis.

"NetProspex's track record for quality business contact information and continual database growth was key to our working with them," said Tom Ogburn, VP and Managing Director at LexisNexis. "Our relationship enables us to further solidify the LexisNexis position as a leader in the corporate research market and to provide our customers with new ways to generate better outcomes for their businesses."

The rapid growth of NetProspex also includes a 35 percent increase in staff since the start of 2011, including industry veterans with experience at companies such as Thomson Reuters, Akamai Technologies, Dow Jones, D&B, OneSource, and Art Technology Group. Key hires include Tim Burns as VP of Sales, Jimmy Becker as SVP of Content, and veteran product strategist Bruce McCarthy as VP of Product.

In addition to client, staff and database growth, NetProspex has also added several new features to its business contact search tool, enabling customers to target sales prospects in the most granular and measurable way in the industry. Included among the new targeting features are standard industrial classification code (SIC code) down to the 8-digit level, company revenue range and employee count, and precision geographic targeting.

"We are continuing to innovate and add precision targeting to the sales prospecting space," said Gary Halliwell, CEO of NetProspex. "Thanks to our continued staff, client, and database growth – as well as the ideas coming from our team – NetProspex has solidified itself as the most trusted, targeted and reliable sales and marketing contact partner in the industry."

For more information on NetProspex, please visit: www.NetProspex.com.

LexisNexis Business Information Solutions delivers an unmatched collections of the worlds' most reputable and productive tools that helps professionals uncover new opportunities, work more efficiently and safeguard business assets.

About NetProspex

NetProspex is the world's most accurate and fastest-growing sales and marketing database, helping B-to-B decision makers find, reach, and connect with more than 21 million sales prospects in a uniquely direct and measurable way.

Founded in 2006 by online publishing and marketing industry veterans Gary Halliwell and Jeff Clewley, NetProspex understands that effective sales and marketing efforts require the most in-depth and accurate prospect data. The core product line overlays crowd-sourced, user-contributed contact information with proprietary verification technology to produce an entirely unique and highly effective sales and marketing contact database. With a 100% replacement guarantee and continual data scrubbing, NetProspex is the leading source of accurate, crowd-sourced business intelligence.

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SOURCE NetProspex