July 2, 2010
comScore, Inc.: comScore Acquires Products Division of Nexius, Inc.
The acquisition will be integrated into comScores existing Telecom and Wireless Practice. Mr. Taleb will join the comScore senior management team and will be named EVP of comScore Wireless Solutions.
comScore anticipates that the transaction will fuel incremental growth for comScore in 2010 and anticipates that the acquisition will add approximately $4 million to the companys 2010 revenue, with similar profitability margins to the balance of comScores business. Additionally, comScore anticipates that the transaction will be accretive to 2010 GAAP and non-GAAP net income.
Nexius consulting division has been spun off into a separate entity called Nexius Solutions Inc., led by co-Founder Nadim (Ned) Taleb (http://eml.mailingsvcs.com/trk/r.emt?h=www.nexius.com/amp;t=39Rbcgamp;e=nQ2YI+GhAkE).
Mobile Industry Leaders Voice Enthusiasm for Nexius The network intelligence provided by Nexius has been a critical component of fulfilling our customer value proposition, said Bob Johnson, Chief Strategy Officer at Sprint. Nexius analytics have enabled us to improve our network optimization and better serve our customers.
Nexius has been a valuable partner in helping us understand the dynamics of our network, said Hassan Kabbani, CEO of Mobinil, a leading mobile operator in Egypt and a joint venture between Orange and Orascom Telecom. Nexius is an innovative and reliable company in the network analytics space and well positioned to grow in global markets.
comScore to Discuss Acquisition in Conference Call comScore management will discuss todays announcement in a conference call today, Thursday, July 1, 2010, at 5:30 PM ET. The conference call and replay can be accessed by telephone and webcast as follows: Call-in Number: 800-591-6944, Passcode 66935716 (International) 617-614-4910, Passcode 66935716
Replay Number: 888-286-8010, Passcode 16125719 (International) 617-801-6888, Passcode 16125719
Webcast (live and replay): http://eml.mailingsvcs.com/trk/r.emt?h=ir.comscore.com/events.cfmamp;t=39Rbcgamp;e=nQ2YI+GhAkE
About comScore
comScore, Inc. (NASDAQ: SCOR) is a global leader in measuring the digital world and preferred source of digital marketing intelligence. comScore helps its clients better understand, leverage and profit from the rapidly evolving digital marketing landscape by providing solutions in the measurement and evaluation of online audiences, advertising effectiveness, social media, search, video, mobile, e-commerce , and a broad variety of other emerging forms of digital behavior. comScores capabilities are based on a global panel of approximately 2 million Internet users who have given comScore explicit permission to confidentially capture their browsing and purchase behavior. These data can also be combined with census-level Web site or telecom carrier data to provide the most comprehensive and unified measurement of digital activity. comScores recent acquisition of ARSgroup adds one of the industrys most validated measurement of the persuasive power of advertising in TV and multi-media campaigns. comScore services are used by more than 1,300 clients around the world, including global leaders such as AOL, Baidu, BBC, Best Buy, Carat, Deutsche Bank, ESPN, Facebook, France Telecom, Financial Times, Fox, Microsoft, MediaCorp, Nestle, Starcom, Terra Networks, Universal McCann, Verizon Services Group, ViaMichelin and Yahoo!.
Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, comScores expectations regarding the impact and benefits of the acquisition of Nexius, financial or otherwise; comScores expectations regarding the growth, opportunities and favorability of the market for mobile enterprise and marketing products; and comScores expectations as to the integration of Nexius products and customer base with its existing products. These statements involve risks and uncertainties that could cause actual results to differ materially, including, but not limited to: the impact of integrating Nexius business and products into comScores business and products; the possibility that the mobile enterprise and marketing products markets do not grow and develop as expected; comScores ability to retain customers and employees of Nexius; the risk of integration difficulties from the Nexius; comScores ability to grow its existing customer base and develop new products; the expected strength of comScores business and client demand for comScores products; the future quality of client relationships and resulting renewal rates; expectations of customer growth; and expectations of sales growth.
For a detailed discussion of these and other risk factors, please refer to comScores Quarterly Report on Form 10-Q for the period ended March 31, 2010, Annual Report on Form 10-K for the period ended December 31, 2009 and from time to time other filings with the Securities and Exchange Commission (the SEC), which are available on the SECs Web site (http://eml.mailingsvcs.com/trk/r.emt?h=www.sec.gov/amp;t=39Rbcgamp;e=nQ2YI+GhAkE).
Stockholders of comScore are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. comScore does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release, or to reflect the occurrence of unanticipated events.
CONTACT: comScore, Inc.
WWW: http://www.comScore.com
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