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Ramat-Gan, Israel, 12/04/2007 – Ybrant Technologies today announced its intention to acquire Oridian, the online media solutions provider.
Oridian is a leading online advertising company, lifting both advertisers and publishers to new heights. With over 9 billion monthly impressions, a massive worldwide inventory and access to tens of millions of users in various continents, Oridian enables Advertisers to implement highly effective branding as well as direct response campaigns, and Publishers to monetize traffic emanating from all over the world.
A privately-owned top 10 network with access to over 80 million monthly users worldwide; offices in North America, France, Israel, Argentina, Germany and the UK, and representatives in Australia, Scandinavia, Italy, Belgium and The Netherlands. Oridian continues to expand its reach to every corner of the world. Oridian is on track to do a top line of more than $ 20 million this financial year.
“We found the right ingredients in Oridian to enhance Ybrant’s footprint into the fast evolving global markets. Jacob’s team has mastered the art of entering new markets effortlessly.” said Suresh Reddy, Chairman of Ybrant Technologies.
Jacob Nizri, the CEO of Oridian commented, “We look forward partnering with Ybrant’s family of businesses that will arm us with the entire arsenal of digital marketing tools to provide our clients with full spectrum digital marketing services. We are excited to ride this growth phase of the market along with Ybrant.”
About Ybrant
Ybrant (ybrant.com) is the parent company of some of the fastest growing digital marketing companies. Together, the Ybrant family offers comprehensive end-to-end digital marketing services to direct marketers, brand advertisers and marketing agencies.
Through our individual businesses – Ybrant Technologies, MediosOne, AdDynamix, and VoloMP – Ybrant focuses on harnessing the marketing power of the digital media through delivering technologies, network and insights that drive measurable and accountable results to our clients.
About Oridian
Oridian (oridian.com) provides complete online media solutions to advertisers and publishers worldwide. With direct Web site, network, channel and contextual advertising opportunities, Oridian is a full-service interactive provider. Oridian’s advertising solutions, with its performance-driven ad-serving technology and quality media drive campaigns that achieve results. Oridian enables Advertisers to implement highly effective network-wide branding as well as direct response campaigns, and Publishers to monetize traffic from all over the world.
Note: This press release contains statements that are forward-looking within the meaning of applicable laws and are based on Ybrant’s current expectations and assumptions as of this date. Ybrant undertakes no obligation to update or revise any forward-looking statements whether the result of new developments or otherwise. These statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Ybrant Technologies Limited filed its Draft Red Herring Prospectus (DRHP) with SEBI on September 27, 2007 for entering the capital market with its Initial Public Offering (IPO) of 35,00,000 equity shares. These statements are subject to the final approval by the General Assembly of Oridian’s Stock Holders.
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