|Ranking of Leading Independent Performance Marketing Network Based on 5,000 Percent Revenue Growth For Five Year Period From 2000-2004|
MIVA, Inc., (NASDAQ:MIVA), the leading independent Performance Marketing Network, today announced it has been ranked 46th on the 2005 Deloitte Global Technology Fast 500, a ranking by Deloitte & Touche of the 500 fastest-growing technology companies. Rankings are based on percentage revenue growth for the five years between 2000 and 2004, a period during which MIVA grew at a rate of more than 5,000 percent.
"We are very pleased to be recognized by a prestigious organization like Deloitte," said Craig Pisaris-Henderson, chairman and chief executive officer of MIVA.
Over the five year period, MIVA's growth was driven by a combination of new customer acquisition and mergers. In the most recent year covered by the rankings, growth was driven primarily by acquisitions and the unification of FindWhat, Espotting and Comet Systems, among others, under the MIVA brand. Previously FindWhat ranked 21st on the North American Deloitte Technology Fast 500 in 2004, and Seventh in 2003. In 2002, the Company ranked first among the Deloitte New York Technology Fast 50 Rising Stars (and 11th in North America), an award given to companies that do not have five years of growth to qualify for the Fast 500, but have three years of growth.
About MIVA(R), Inc.
MIVA is the leading independent Performance Marketing Network, dedicated exclusively to helping businesses grow. Our new media platform facilitates performance marketing for partners (publishers), advertisers and consumers (end-users). Our primary focus is on providing our partners with a complete set of innovative solutions enabling the acquisition, retention and monetization of their online audiences. As an independent provider, MIVA does not promote a branded destination search engine or portal that actively competes with our distribution partners for end-users. For our advertisers, we provide solutions to manage and optimize keyword-targeted and context-related Pay-Per-Click (and Pay-Per-Call) marketing programs. Our advertisers access distribution and generate leads through our network of publisher partners and are able to capitalize leads through our integrated e-commerce merchant solution. The Company has relationships with more than 100,000 customers, spanning North America, Europe and Asia.
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "plan," "intend," "believe" or "expect'" or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including (1) our ability to successfully execute upon our corporate strategies, (2) our ability to successfully compete on an international basis, and (3) our ability to once again achieve the levels of revenue growth achieved in the years from 2000 to 2004. Key risks are described MIVA's reports filed with the U.S. Securities and Exchange Commission, including the Form 10-K/A for fiscal 2004, and the most recently filed quarterly report on Form 10-Q. MIVA undertakes no obligation to update the information contained herein.
(R) Registered trademark of MIVA, Inc.
Pay-Per-Call is a registered trademark of Ingenio, Inc.