RealTime IT News

Adsmart Network Touts Its Growth

The Adsmart network said that in the last 30 days, it has served more than two billion impressions to its network of more than 300 Web sites, up 4,000 percent from six months ago.

Adsmart has hired more than 100 people over the past six months to bring the total number of employees to 120, including 65 full-time salespeople in six advertising markets -- New York, Chicago, Detroit, Los Angeles, Boston and San Francisco. The company has also added more than 250 Web sites.

"Adsmart's phenomenal growth over the past six months is unprecedented in this business," said John Federman, chairman and CEO of Adsmart.

Adsmart is a majority-owned subsidiary of CMGI Inc.