IncrediMail Amends Agreement with Google
23 Giugno 2010 - 2:00PM
Business Wire
IncrediMail Ltd. (NASDAQ: MAIL) (www.incredimail-corp.com), an
Internet company, today announced that it has amended its agreement
with Google. This amendment extends the current relationship and
terms of business until the end of 2010, at which time the
agreement will end. The amendment also reiterates IncrediMail’s
commitment to Google’s customer policy and Google’s right to
request IncrediMail to implement future changes to that policy.
At the same time, IncrediMail has begun implementing
collaborations with other major players in the search industry, via
tests on different search related properties, offered to its
diversified user base.
Commenting on the agreement, Mr. Ofer Adler, IncrediMail’s CEO,
said, “Over the last few months we have had numerous discussions
with Google regarding possible market-wide changes being discussed
internally, and the time frame for implementation. Although these
discussions continue, Google continues to state that no decision
has been made regarding the precise changes, or their timing. As
the first anniversary of our current agreement approached, we
needed to formalize the relationship beyond that anniversary, and
this is the intent of the current amendment.
“At the same time, we have been focusing on diversifying our
revenue base, having discussions with most of the major players in
the search market, and testing their services with different search
properties that we offer our diversified user base, using our
IncrediMail Xe, HiYo, PhotoJoy, Magentic and IncrediGame
products.”
“We expect that by the fourth quarter we will have a more
diversified source of search generated revenues, as well as a
substantially higher level of revenues generated from other
Internet based advertising,” concluded Mr. Ofer Adler.
About IncrediMail Ltd.
IncrediMail Ltd. (NASDAQ: MAIL) is an internet company that
develops customized, downloadable graphic consumer applications
used to generate search related revenues and designs, markets and
delivers high end personal desktop software. The company’s award
winning e-mail client product, IncrediMail Premium, is sold in over
100 countries in 10 different languages. Other products include,
HiYo a graphic add-on to instant messaging software, Magentic, a
wallpaper and screensaver software, and PhotoJoy, software for
presenting digital personal photos.
Forward-Looking Statements
This press release contains historical information and
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 with respect to the
business, financial condition and results of operations of the
Company. The words "believe," "expect," "intend," "plan," "should"
and similar expressions are intended to identify forward-looking
statements. Such statements reflect the current views, assumptions
and expectations of the Company with respect to future events and
are subject to risks and uncertainties. Many factors could cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements, including, among others, changes in the
markets in which the Company operates and in general economic
and business conditions, loss of key customers and unpredictable
sales cycles, competitive pressures, market acceptance of new
products, inability to meet efficiency and cost reduction
objectives, changes in business strategy and various other factors,
both referenced and not referenced in this press release. Various
risks and uncertainties may affect the Company and its results of
operations, as described in reports filed by the Company with the
Securities and Exchange Commission from time to time. The Company
does not assume any obligation to update these forward-looking
statements.
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