CLICKACTION CEO GREGORY SLAYTON MOVES TO CHAIRMAN; GEORGE GRANT APPOINTED CEO
Move Reaffirms Company's Commitment to its Email Marketing Automation (EMA) Initiative
PALO ALTO, Calif. (September 18, 2001) - ClickAction,
Inc. (Nasdaq: CLAC), a leading provider of email marketing automation
products and services, announced today that its board appointed Gregory Slayton
as its chairman of the board, and promoted senior vice president George Grant
to president and chief executive officer, and member of the board of directors.
Outgoing chairman David Mans will remain a board member. Mr. Slayton has been
president and CEO for almost four years.
"We are very grateful to Gregory for all he has accomplished at ClickAction,"
said Mr. Mans. "During his tenure, our company has successfully transitioned
from the difficult market for consumer shrink wrap software to become a leader
in email marketing automation (EMA). We are very happy that Gregory will remain
active in the company because his leadership means a great deal to us."
Mr. Slayton will maintain an active role in ClickAction, involved in investor,
customer and partner relations.
"I believe that George is the perfect executive to take ClickAction
forward into the next phase of our growth as a leader in the EMA industry,"
Mr. Slayton stated. "Working with George for the past two years has convinced
me of his ability to keep the company moving forward. His deep experience
in e-marketing and Internet technology, combined with his strong leadership,
will be key to the next phase in ClickAction's growth."
"Today ClickAction presents an exciting opportunity in a growing market,"
said Mr. Grant. "Now that ClickAction's EMA product is shipping, this
is a great time for me to be taking on this challenge. Several major enterprise
customers have recently signed up for ClickAction EMA. We have a vision for
enabling organizations to communicate with their customers-one-to-one-to increase
profitability, loyalty and customer lifetime value."
Mr. Grant was ClickAction's senior vice president of marketing and business
development for the past two years. Before that he was president and CEO of
Connected Media Solutions, a professional services firm specializing in one-to-one
marketing solutions. Prior to CMS, Mr. Grant was managing director for Dow
Jones Asia Pacific and a senior consultant at KPMG.
About ClickAction, Inc.
ClickAction, Inc. is a leading provider of email marketing automation
products and services. ClickAction Email Marketing Automation (EMA) helps
marketers design, deploy and manage personalized email campaigns that maximize
the lifetime value of each customer. ClickAction EMA saves time, generates
revenues and reduces costs by providing a highly scalable outbound and inbound
messaging, one-to-one publication, powerful rule-based segmentation, real-time
tracking and detailed reporting, all integrated in a Web-based solution. 100%
Java-based, ClickAction EMA is built for easy deployment and integration with
industry-leading third party applications. ClickAction offers a hosted ASP
solution, ClickAction EMA, as well as an in-house Enterprise solution, ClickAction
EMA Enterprise for BEA. ClickAction products have a proven track record of
success in a variety of industries including retail, catalog, brand and publishing.
In addition to ClickAction EMA, the company offers interactive, campaign,
acquisition and rich media services. ClickAction is a member of TRUSTe, an
independent, noon-profit organization whose mission is to build users' trust
and confidence in the Internet. For more information on ClickAction products
and services, visit www.clickaction.com
or call 1-800-473-3141.
Forward Looking Statements
To the extent that any of the statements contained herein relating to the
Company are forward-looking, such statements are based on current expectations
that involve a number of uncertainties and risks. Such uncertainties and risks
include, but are not limited to, the development of new products and services,
the enhancement of existing products and services, the dependence on principal
customers and partners, competitive pricing pressures, timing of orders received,
introduction of competitive products and services having technological and/or
pricing advantages, and overall dynamics of the industry and consolidation.
For further information, refer to the risk factors included in the Company's
Annual Report on Form 10-K for the year ended December 31, 2000 and the Company's
Quarterly Report on Form 10-Q for the quarter ended March 31, 2001, each as
filed with the Securities and Exchange Commission.