With the acquisition of Affiliator we become the most complete Internet Marketing Company in Sweden. Via Eastpoint group 55,000 Clients in Sweden and Norway we already have an existing client base and advertisement settlement. Now together we can roll the concept through all of Europe. Our fist market after Sweden and Norway will be England
(PRWEB) January 30, 2007
Eastpoint AB (NGM: EAST B) said Monday that it had agreed to buy Affiliator AB a Swedish company that matches advertisers through the Internet with Internet media and e-commerce sites, as Getupdated tries to grab a bigger share of the fast growing global market in Internet Advertisement. Affiliator helps companies to market their products via the Internet. Together with Affiliator will Getupdated (Daughter Company to Eastpoint AB) become a complete Internet marketing company with products like Search Engine Marketing, Banner Network and also affiliate marketing. The letter of intention was signed today and the acquisition will take effect 1/3 2007 at the latest.
"With the acquisition of Affiliator we become the most complete Internet Marketing Company in Sweden. Via Eastpoint group 55,000 Clients in Sweden and Norway we already have an existing client base and advertisement settlement. Now together we can roll the concept through all of Europe. Our fist market after Sweden and Norway will be England" said Mattias Kaneteg CEO for Getupdated- Internet Marketing.
"It fulfils a complete solution to combine both Eastpoint's technique and existing client base along with our strategic expansion. Now we can give Advertising and Tradedoubler a good match" said Emil Paulsson, founder and CEO of Affiliator AB.
The letter of intention is officially signed and acquisition will take effect latest 1/-2007
For more information, please contact:
Eric Forsner, CEO Eastpoint-gruppen
0706-016 518 , eric.forsner (at) eastpoint.se
Mattias Kaneteg, CEO Getupdated
0735-111 444 , mattias (at) eastpoint.se
Facts about Eastpoint
Eastpoint's mission is to help companies develop their businesses on the Internet. A website should be inexpensive to operate, user-friendly, have many visitors and, most importantly, generate business. We help our 55 000 clients with a whole range of services, including web hotels, hosting solutions, Internet marketing and web production with content management systems and e-shop solutions. The Eastpoint Group has 107 employees at offices in Stockholm (Årsta), Norrköping, Borås, Malmö, Kristiansand, Trondheim and Oslo. Eastpoint is listed on the NGM Stock Exchange. http://www.eastpoint.eu
Facts about GetUpdated
GetUpdated AB is a wholly owned subsidiary of Eastpoint AB (publ). We are an Internet marketing agency focusing on search engine positioning and advertising on the Internet. Our primary goal is to generate traffic and create new business for our clients. GetUpdated has already helped numerous clients improve their online business. http://www.getupdated.com