LOS ANGELES--(BUSINESS WIRE)--j2 Global, Inc. (NasdaqGS:JCOM), the global provider of Internet services, celebrates 15 years since its initial public offering (IPO) on Nasdaq. Since the Company’s July 1999 IPO, the Company’s shares (including dividend payments) have increased at a 12.5% compounded annual growth rate (CAGR), far exceeding that of the leading stock indices. Over this same period, the CAGR for the Nasdaq Stock Market was 3.0%, for the S&P 500 was 2.3% and for the Dow Jones Industrial Average was 2.8%.
“When I joined j2 in 1996 to become its first employee, we had great vision but little resources,” said j2’s CEO, Hemi Zucker. “During this time we not only survived but thrived despite a dotcom bubble and then a worldwide financial crisis. I now know that this success is due to the combination of our early vision together with our hard work and discipline. We now have much greater resources than we did back in 1996, but I’m pleased to report that we maintain the same vision and dedication to hard work and discipline. I thank and congratulate our employees, Board of Directors and partners for our long track record of success and look forward to the future with great optimism.”
About j2 Global
j2 Global, Inc. provides Internet services through two divisions: Business Cloud Services and Digital Media. The Business Cloud Services Division offers Internet fax, virtual phone, hosted email, email marketing, online backup, unified communications and CRM solutions. It markets its services principally under the brand names eFax®, eVoice®, FuseMail®, Campaigner®, KeepItSafe®, Livedrive® and Onebox®, and operates a messaging network spanning 49 countries on six continents. The Digital Media Division offers technology, gaming and lifestyle content through its digital properties, which include PCMag.com, IGN.com, AskMen.com, Toolbox.com and others. The Digital Media Division also operates NetShelter® Powered by BuyerBase®, an advanced digital ad targeting platform, and Ziff Davis B2B, a leading provider of research to enterprise buyers and leads to IT vendors. As of December 31, 2013, j2 had achieved 18 consecutive fiscal years of revenue growth. For more information about j2, please visit www.j2global.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: the ability to successfully integrate Contactology into j2 Global’s Business Cloud Services Division and the numerous other factors set forth in j2 Global′s filings with the Securities and Exchange Commission ("SEC"). For a more detailed description of the risk factors and uncertainties affecting j2 Global and its Business Cloud Services Division in particular, refer to j2's 2013 Annual Report on Form 10-K filed on March 3, 2014, and the other reports filed by j2 Global from time-to-time with the SEC, each of which is available at www.sec.gov and at investor.j2global.com. The forward-looking statements provided in this press release are based on limited information available to j2 Global at this time, which is subject to change. Although management's expectations may change after the date of this press release, j2 Global undertakes no obligation to revise or update these statements.