MOUNTAIN VIEW, Calif. - Nov. 19, 2002 - Quova, Inc., the world's
leading provider and developer of Web geography services and technologies,
announced today that ValueAd.com, a leader in ad server technology services, has
licensed Quova's GeoPoint service to provide business-critical geo-location data
for geo-targeted online advertising. ValueAd's flagship ad server, AdXpress, has
established itself as an industry-leading application for delivering targeted
ads to specific Internet audiences. GeoPoint, which determines the location of
Internet users by mapping the Internet infrastructure of over 4 billion IP
addresses, will provide the most accurate data available to enable ValueAd to
provide its customers with maximum precision in its geo-targeting solution.
"Working with Quova benefits us enormously because it allows us to construct
an incredibly accurate and fully updated database of locality information," said
Adam Tuttle, Vice President of Sales for ValueAd.com."It offers our clients
tremendous value and gives them the ability to generate higher revenues by
geo-targeting ads with tremendous accuracy."
ValueAd selected Quova based on several recommendations from its own
customers, but only after evaluating Quova head-to-head against its three
primary competitors.
"We chose Quova because their data was exceptionally accurate and they were
more than willing to adapt to our specific needs. We were able to get the data
in a form that suited our engineering requirements exactly," said Tuttle.
"They've been tremendously responsive and the exceptional level of service we
have received has made the implementation seamless."
"The online advertising industry is one of Quova's primary growth targets,"
said Quova President and CEO Marie Alexander. "We're gratified that ValueAd has
become the latest customer in this intensely competitive space to choose us over
the other providers, and we expect to continue establishing a dominant position
in this vertical."
About ValueAd
Founded in 1996 and based in
San Diego, California, privately-held ValueAd.com is a respected leader in
advertising management technology, focused on providing customized, up-to-date
online media delivery solutions at competitive prices. ValueAd's flagship
product is its outstanding ad server, AdXpress, which has earned a reputation
for providing clients with intelligent, easy-to-use applications of online media
technology, applications providing a distinct competitive edge.
About
Quova
Founded in January 2000, Quova, Inc. is the leading provider of
geolocation services to online businesses. Quova's GeoPoint service provides the
geographic location of Web site visitors in real-time, enabling businesses to
manage digital rights, target content, detect fraud, conduct site analysis and
ensure regulatory compliance. Quova's customers and partners include industry
leaders such as CNET Networks, Times Online and Visa International. A privately
owned company with investments from VeriSign, Mobius Venture Capital (formerly
SOFTBANK Venture Capital), IDG Ventures, Nexus Group, and Fidelity Ventures,
Quova's main headquarters are located at 333 West Evelyn Avenue, Mountain View,
California 94041, with European headquarters in Amsterdam, The Netherlands.
Quova can be reached at 650-528-3700 and on the Web at www.quova.com.
Quova, the Quova logo and GeoPoint are registered service marks and/or
service marks of Quova, Inc.