| As
per the agreement, the brand, Max Interactive, will continue under the same name
and will be highlighted as A Ybrant Digital Network. Dominic Elfer
will integrate into the team as managing director of Australia under the Ybrant
Networks Division, headed by Jacob Nizri. Said Ybrant Digital chairman
and CEO Suresh Reddy, "While this acquisition marks our entry into Apac market,
more significantly, Max will be our first sales group that has successfully sold
banners, search key words and emails together in any single market. Dominic and
his team will add an extraordinary facet to Ybrant's global persona." Added
Elfer, "We are excited to combine forces with Ybrant. Their global sales
force and strong technology backbone will give us a competitive edge to take on
the Aussie market with renewed vigour." |