--(www.USEquityNews.com)-- 10/07/2008 - Internet Information Provider industry alert provided by U.S. Equity News. EDGAR Online, Inc. (Nasdaq: EDGR), a leading provider of value-added business and financial information, announced recently that Philip Moyer, CEO and President, will present at the following two investor summits: the William Blair & Company Small-Cap Growth Stock Conference on October 7, 2008 and Paulson Investment's Westergaard Conference on November 12, 2008 both at the Waldorf-Astoria Hotel in New York City. "These meetings focus on promoting financial growth and forging relationships between investors and small cap companies like ours," said Philip Moyer, EDGAR Online CEO and President. "We're among a select group of companies invited to showcase our significant potential." Since its founding more than 12 years ago, EDGAR Online has been in the business of making complex information easy to access. The company was the first to make SEC filings available in real-time on the Internet and is currently the leader in delivering XBRL (eXtensible Business Reporting Language) products and solutions to the marketplace.
blinkx plc ("blinkx") (LSE AIM: BLNX) recently announced that it has withdrawn its proposal to acquire MIVA, Inc. ("MIVA") (Nasdaq: MIVA). "Our goal in pursuing a combination of blinkx and MIVA would have been mutually beneficial to both companies' shareholders, employees, and customers. Our all-cash premium proposal was an attractive option for MIVA shareholders. It is unfortunate for MIVA shareholders, however, that despite our best efforts, MIVA's Board and management have not embraced our proposal to combine our companies," said Suranga Chandratillake, CEO and Founder of blinkx. "The large premium blinkx offered in our initial proposal is even more significant recently in light of MIVA's second quarter earnings miss, subsequent downward revision of annual guidance, and public disclosure related to restructuring of the Media EU business. By choosing not to engage in substantive discussions in any material respect and an agreement with blinkx, MIVA Board and management in our view have failed to give due consideration to a transaction that had a uniquely attractive opportunity for MIVA shareholders, particularly in light of several challenges MIVA faces in the near term."
Baidu.com, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, recently announced the appointment of Yinan Li as chief technology officer, effective October 6. "We are pleased to welcome Yinan to our senior management team," said Robin Li, Baidu's chief executive officer. "Yinan has a strong track record of developing and applying technologies that succeed in the marketplace. As Baidu's chief technology officer, Yinan will draw on his expertise to lead our technology teams, helping us to excel in the development and adoption of new products and technologies. Yinan's rich experience, both in start-up companies and in corporate executive positions, gives me confidence in his ability to lead technology innovation and integration at Baidu." An experienced research and development leader, Li has more than 16 years of experience in the information technology industry. Prior to joining Baidu, Li served as chief telecommunications scientist and vice president at Huawei Technologies, a telecom solutions provider. In that position, he oversaw the development of 3G mobile chipsets. Li joined Huawei from Harbour Networks, a developer of intelligent security systems, where he served as chief executive officer. His work at Harbour Networks was preceded by various positions at Huawei Technologies, including product manager, director of research and development and president of research and development where he led a staff of over 5,000.
Elysium Internet, Inc. (OTC BB:EYSM.OB), a next generation Internet advertising and new media Company, recently announced that it has completed its new Internet directory platform. The new platform is now up and running on Elysium's Podiatry industry portal www.Podiatrists.com. Elysium Internet CEO Scott Gallagher commented, "We're excited to have completed our new and improved Internet directory platform. The improvements we've made have dramatically increased the value proposition of our offering and give our customers complete control over their Internet marketing solutions. The new proprietary platform includes a totally automated web site generator that allows our customers to build and maintain a website, secure a sub domain address from one of our directories and completely manage an Internet directory listing.
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