Joe Abrams Joins ideaEDGE Board of Advisors
Tech Industry Visionary and Co-Founder of MySpace Parent Company to
Provide Insight and Strategic Guidance to ideaEDGE in the Social
Networking Market
SAN DIEGO (Business Wire EON/PRWEB ) October 7, 2008 --
ideaEDGE, Inc., (OTCBB:IDAE) a developer of innovative prepaid gift card
programs, has announced that Joe Abrams has joined the company’s
Board of Advisors. In this role, Mr. Abrams will advise ideaEDGE on a
number of business and strategy issues relating to the company’s
emerging products and services, including the Social Network Enabled
Group Gifting (SNEGG) platform.
Mr. Abrams has deep experience in helping early-stage, publicly held
technology companies reach the next phase of growth. In 1999, he
co-founded Intermix, the parent company of social networking leader MySpace.
In 2005, MySpace
was sold to News Corp. for $580 million.
In addition, Abrams was a founder of The Software Toolworks, a software
company that released several hit titles in the 1980’s,
which ultimately led to the company’s sale in
1994 to Pearson, Plc., for $462 million.
“We are very pleased to have Joe Abrams join
our advisory board,” commented Jim Collas, CEO
of ideaEDGE, Inc. “His unique understanding of
the social media marketplace, combined with his technology and financial
expertise will help position ideaEDGE to reach its full potential as we
move forward with the development of the Social Network Enabled Group
Gifting (SNEGG) platform.”
ideaEDGE, Inc. (through its operating subsidiary Socialwise,
Inc.) is developing a new proprietary Social Network Enabled Group
Gifting (SNEGG) platform that will enable multiple individuals to
conveniently contribute to a group gift. The SNEGG platform seeks to
combine the $100 billion gift card market with the fast-growing
phenomenon of online social networks. The Company is headquartered at
6440 Lusk Blvd., Suite 200, San Diego, CA 92121 and can be contacted at
858.677.0080.
Certain statements contained in this press release are “forward-looking
statements” within the meaning of federal
securities laws, including, without limitation, anything relating or
referring to future financial results and planned business activities.
Such statements are inherently subject to risks and uncertainties, which
include, without limitation, those in Company reports filed with the
SEC. The Company can give no assurance that such expectations will prove
correct. Future events and actual results could differ materially from
those statements.
See the original story at: http://eon.businesswire.com/releases/joe_abrams/social_network/prweb1438574.htm
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