Top of the page RSS News Feed

SELECTED NEWS

Anand Subramanian, CEO of ContextWeb Inc., Named Ernst & Young Entrepreneur Of The Year® 2008 Award Finalist in Metro New York Area

NEW YORK CITY (June 11, 2008) ContextWeb, Inc., a leading contextual advertising company and operator of the ADSDAQ Exchange, announced today Anand Subramanian, its CEO and co-founder, is a finalist for The Metro New York Ernst & Young Entrepreneur Of The Year® 2008 Awards. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. Mr. Subramanian was selected as a finalist from over 40 nominees by a panel of independent judges. Award winners will be announced on Thursday June 26th, 2008.

Mr. Subramanian was the driving force behind the launch of ContextWeb’s ADSDAQ Exchange, the only online exchange where both advertisers and publishers have complete control. The ADSDAQ Exchange currently ranks among the top 20 ad-supported properties, according to comScore Media Metrix, and reaches +94 million monthly unique visitors (March, 2008). The ADSDAQ Exchange includes more than 400 advertisers, including all of the top 10 marketing organizations, and more than 7,000 publishers.

Mr. Subramanian is a technology entrepreneur and innovator who founded ContextWeb, one of the most successful online advertising networks, in 2000. His vision was to leverage the company’s proprietary contextualization technology and develop an ad exchange that brings together advertisers and publishers to enable mutually beneficial advertising transactions.

The company recently announced the ADSDAQ Exchange Agency Trading Desk™. This technology platform will enable media buyers to monitor the performance of their online ad campaigns and – with the push of a dashboard button – buy more inventory in the better performing, contextual areas as well as offer to sell inventory that is underperforming. The ADSDAQ Exchange Agency Trading Desk can track campaigns running outside of the ADSDAQ Exchange system, giving media agencies an efficient and effective way to track campaign performance against more than 386 contextual categories of inventory.

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 22nd anniversary this year. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world.

Regional award winners are eligible for consideration for The Ernst & Young Entrepreneur Of The Year national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 15, 2008. The awards are the concluding portion of Ernst & Young’s Strategic Growth Forum, the nation’s most prestigious gathering of high-growth, market-leading companies.

About Ernst & Young’s Entrepreneur Of The Year

Ernst & Young’s Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

Founded and produced by Ernst & Young LLP, The Entrepreneur Of The Year awards are pleased to have SAP and the Ewing Marion Kauffman Foundation as national sponsors.

The Metro New York Program is also sponsored locally by the following:
HSBC, Marsh and Russell Reynolds Associates, Curran & Connors and Scherzer International, Bowne, WilmerHale and Withum Smith + Brown.

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, 130,000 people are united by shared values and an unwavering commitment to quality. Ernst & Young makes a difference by helping their people, their clients and their wider communities achieve potential.

ContextWeb’s ADSDAQ Exchange is the only online exchange where both advertisers and publishers have complete control. The Exchange’s patent-pending, page-level contextual technology offers advertisers efficient pricing and extensive reach, making inventory on the Exchange “brand-safe” and comparable to a site-specific or portal buy.

The ADSDAQ Exchange ranks among the top 20 ad-supported properties, according to comScore Media Metrix, and reaches +94 million monthly unique visitors (March, 2008). The Exchange includes more than 400 advertisers, including all of the top 10 marketing organizations, and more than 7,000 publishers. In 2007, Deloitte’s New York Region Technology Fast 50 recognized ContextWeb as the 17th-fastest growing company in the New York area. The company’s investors include leading venture capital firms Draper Fisher Jurvetson (“DFJ”), DFJ Gotham Ventures and Updata Partners.

Context Web - Press Release