Lycos Strengthens Senior Team with New Chief Content Officer and General Counsel
Seasoned Executives Return to Lycos TeamWALTHAM, Mass.-June 9, 2005 - Lycos, Inc. (www.lycos.com), a leading provider of search, community and technology lifestyle destinations, today announced the appointment of two executives to the Lycos senior management team. Both professionals are veterans of Lycos, bringing strong industry expertise and vision to support the company's operational objectives and growth. Dan Sullivan rejoined Lycos this month as the new senior vice president and general counsel, where he oversees all legal responsibilities for the organization, including litigation, antitrust matters and legal policies regarding day-to-day operations. Mr. Sullivan brings more than 15 years of corporate legal experience working as senior counsel in the areas of mergers and acquisitions and joint ventures. He returns to Lycos following his most recent venture as principal at Northstar Global Partners. Mr. Sullivan served as vice president, senior corporate counsel at Lycos from May 1998 through July 2004, during which time he structured, negotiated and drafted agreements for 20 of Lycos' merger and acquisition transactions ranging in size from $30 million to several billion dollars. He was lead counsel for two of Lycos' U.S. public offerings, as well as one in Europe. He negotiated equity investments by Lycos and its affiliates in more than 30 startup transactions, and was the lead counsel for the creation of a $75 million venture fund that invested in Internet-related activities. During his tenure with Lycos, Mr. Sullivan demonstrated his breadth of international experience, negotiating transactions in China, Korea, Japan, Singapore, Hong Kong, Australia, the U.K., France, Sweden, Germany, the Netherlands, Spain, Israel and Canada. Brian Kalinowski rejoined Lycos in May 2005 as the chief content officer, overseeing the Wired News and Quote properties and driving new opportunities for broadband and content offerings. Mr. Kalinowski also optimizes business opportunities for Tripod and Angelfire, the award-winning web publishing community sites within the Lycos Network. Originally with Lycos from 1997 through 2000, Mr. Kalinowski served as general manager for the Lycos Entertainment group and director of the Multimedia Services team responsible for strategic planning, development and go-to-market activities. He was responsible for the development and launch of Lycos MP3 search, Lycos Multimedia search, Lycos Radio and Lycos TV. Prior to rejoining Lycos, Mr. Kalinowski was vice-president of Ziggs, Inc. (formerly Officenet, Inc.), where he managed product development.
About Lycos, Inc.
Lycos is one of the original and most widely known Internet brands in the world, evolving from one of the first search engines on the web, into a comprehensive network of social media web sites that foster online communities.>Lycos has been a pioneer in intelligent spidering search technology, combining its proprietary technology with other best in class search services to provide a powerful and relevant search experience for its users.
Times change, and Lycos has changed with them, evolving into digital media power house with two major divisions
Lycos, is a network of easy to use community and social sites. Lycos's award-winning products and services include tools for blogging, web publishing and hosting, online games, e-mail, and search. The Lycos Network of sites and services include Lycos.com, Tripod, Angelfire, HotBot, Gamesville, WhoWhere, and Lycos Mail. Integrated, these sites help in bringing people together to interact, conduct commerce, have fun, and experience the best the Internet has to offer, is in our DNA. We offer 40 Local Sites in 120 Languages with a community spanning across 177 Countries. Lycos consistently averages 12 - 15 million monthly unique visitors in the U.S.
Lycos employs over 500 people working out of 24 offices worldwide, including the US, Argentina, Brazil, Chile, Uruguay, Mexico, the UK, France, Germany, Italy, Ukraine, Sweden, Serbia, Israel, China, Thailand, Panama, India, Emirates, Russia and Australia, and with representatives or partners in Spain, South Africa, and The Netherlands.www.lycos.com
US PR Department
This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behavior of financial and digital marketing industry, and fluctuations in exchange rates; from future integration of businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.