Genuity Ads Aim to Evoke Past
Page 1 of 1
E-business infrastructure player Genuity Thursday will commence a new $30 million marketing and ad campaign, designed to position it as the venerable "old hand" when it comes to Internet infrastructure and e-business.
Burlington, Mass.-based Genuity, which last year launched a campaign to promote its Black Rocket e-business network platform, hopes its new campaign will tell the story of its 30-year Internet heritage -- which began as BBN, changed to GTE Internetworking, and in 2000, became Genuity.
GTE spun off Genuity last year when it merged with Bell Atlantic to form Verizon.
In the new work, network and cable TV spots will tout Genuity's long involvement with the Internet, beginning with its work with the U.S. government in the late 1960s to develop ARPANET. Additional ads will promote Black Rocket by showcasing the range of e-business services Black Rocket can perform.
"With our new Genuity ads, we're rightfully taking credit for the innovations our company ... developed over the past 30 years," said Genuity president and chief executive Joseph Farina. "Most people think that Internet infrastructure services have been around for only a few years, but at Genuity we know that's not the case. Who better to be your Internet outsourcer than the company that's been there since the beginning?"
The spots are slated to begin this week, and will run on NBC, CBS, CNBC, CNNfn, MSNBC, ESPN and Fox News. Additionally, Genuity is sponsoring the Doral-Ryder Open (now the Genuity Championship) in Miami, which will be covered by NBC Sports.
Print executions will run in business publications, including The Wall Street Journal, The New York Times, and Fortune, while outdoor ads will run in markets including Boston, New York and San Francisco. Banner ads will run on major portals and business sites.
The new campaign breaks just after Genuity's fourth-quarter report, in which the firm posted a $0.23 per-share loss that met analysts' expectations -- but nevertheless provoked a rash of downgrades amid worries about a sector-wide slowdown.