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Mall Networks Selected by AlwaysOn as a Northeast 100 Top Private Company Award Winner
Recognized for Creating New Business Opportunities in High-Growth Markets through Game-Changing Technology
LEXINGTON, Mass. - April 3, 2008 - - Mall Networks, the leading provider of merchant-funded loyalty shopping solutions, today announced that it has been chosen by AlwaysOn as one of the Northeast 100 Top Private Companies. The first-annual Northeast 100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the list, companies in the Northeastern United States had to be creating new business opportunities in high-growth markets, demonstrating significant market traction and pursuing game-changing technology in a key sector. AlwaysOn received hundreds of nominations for this year's list.
Mall Networks and the Northeast 100 Top Companies for 2008 will be honored at the AlwaysOn Venture Summit East to be held April 7 - April 9, 2008, at the Four Seasons Hotel in Boston, MA. Venture Summit East a two-day gathering that highlights the significant economic, political and technology trends impacting the global growth investor. Venture Summit East features the most influential institutional investors, venture capitalists, corporate buyers, investment bankers and research analysts in the Eastern US in keynote presentations and panel debates. The idea behind the Northeast 100 companies list is to identify the most promising entrepreneurial opportunities and investments in the Northeast region's technology industry.
"For the first annual elite Northeast 100 list we surveyed more than 500 venture investors, investment bankers, and technology insiders, who nominated hundreds of companies to determine the Northeast 100 winners," said Tony Perkins, Founder and Editor, AlwaysOn Network. "Each of the Northeast 100 winners had to demonstrate leadership among their peers in the following areas: innovation, market opportunity, commercialization, media buzz, and stakeholder value creation. We congratulate them all on this great honor!"
Mall Networks has forged strategic relationships with the more than 700 leading merchants in order to deliver a personalized, compelling shopping experience for consumers that drive key loyalty metrics such as engagement and spend. Customers may shop through Mall Networks' multi-channel shopping solutions online, in-store, or through catalogs and take advantage of special offers and earn rewards every time they shop at leading merchants such as eBay, Expedia, Best Buy, Staples, Apple, and Sears .
"Mall Networks has established a strong reputation for helping businesses to enhance loyalty shopping programs, and has rapidly proven itself as the market leader in merchant-funded loyalty shopping solutions. "It's an honor to be recognized by AlwaysOn as one of the top 100 private companies in the Northeast," said Dave Andre, president and CEO, Mall Networks. "Being included on this prestigious list is a testament to Mall Networks' commitment to empowering our customers - from large organizations like Chase to a trade association like Shop.org. -- with the industry's most innovative loyalty shopping suite."
About The AlwaysOn Venture Summit East
Venture Summit East is a two-day gathering that highlights the significant economic, political and technology trends impacting the global growth investor. Venture Summit East features the most influential institutional investors, venture capitalists, corporate buyers, investment bankers and research analysts in the Eastern US in keynote presentations and panel debates. The goal of Venture Summit East is to match growth-company buyers and sellers and identify the most promising innovation-driven, growth investment opportunities.
About Mall Networks
Mall Networks is the leading provider of merchant-funded loyalty shopping solutions that increase revenue, strengthen customer loyalty, and improve member engagement for a range of industries including financial services, card issuers, airline and hospitality, affinity organizations and loyalty programs. Featuring an integrated network of more than 700 world-class online and bricks-and-mortar merchants, Mall Networks' multi-channel shopping solutions and flexible, on-demand platform power personalized online and in-store shopping programs for more than 30 million consumers. Industry leaders including JPMorgan Chase, Upromise, Verizon, Shop.org, Spirit Airlines, Virgin, and NASCAR rely on Mall Networks to build loyal, profitable customer relationships. Mall Networks is headquartered in Lexington, Mass. For more information, visit www.mallnetworks.com.
About AlwaysOn
ALWAYSON ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, ALWAYSON continued to lead the media industry in innovation by introducing a social network where members can connect and engage. ALWAYSON is also revolutionizing the media business by applying its open-media principles to its executive event series (STANFORD SUMMIT, ALWAYSON HOLLYWOOD, ALWAYSON MEDIA and GOINGGREEN) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, ALWAYSON is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
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Press Contact:
Amy Paladino
PalPR
amypal@comcast.net
781.772.1005
For AlwaysOn Venture Summit East
Lois Paul & Partners
Michael Parker
Ph: 781-782-5714
alwayson@lpp.com
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