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.

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