I am very excited about the following press release that we sent out on the wires this morning. This is a big win for the company.
Konnects adds Jay Gallinatti as President and Chief Operational Officer
Tacoma, WA- April 29, 2009 - Konnects, Inc., the social media solutions and platform provider for the newspaper industry, announced that Jay Gallinatti will join the Konnects executive team as President and Chief Operating Officer.
Gallinatti will manage all aspects of the Company's business on a day-to-day basis, and will work to further expand adoption of the Konnects social media platform and its service offerings. A seasoned executive, Gallinatti brings to Konnects more than 25 years of experience, and a track record of success. Gallinatti has been consulting with Konnects for over 18 months, and has served on the Board of Directors since April 2008. He also serves on the Strategic Advisory Board for Innocentive Inc, an internet company that is pioneering “Open Innovation.”
"We are excited to have such a seasoned internet professional join our team. Konnects will benefit from both his leadership and strategic input. His experience in growing a company like ours to scale will be invaluable as we proceed down our path. Jay is very talented and has had an immediate impact,” said Jim Crabbe, Chairman and CEO, Konnects.
Jay Gallinatti said, “I am thrilled to be leading us in our new strategic direction to deliver a social media solution to local newspapers. Our robust platform is ideal for local newspapers looking to adopt a social media solution that can provide real engagement with their on-line audience. I am extremely excited about the opportunity for Konnects to help local newspapers to once again be “the hub” of their local community, but it will be on-line, not in print.”
Prior to joining Konnects, Gallinatti served on the board of directors for Zango, Inc. from November 2004 until January of 2009. In March of 1998 Gallinatti joined Overture (previously GoTo.com) as one of the founding members of the executive management team responsible for advertising sales and customer service. Overture pioneered the concept of “sponsored listings” within search results, and the company grew to more than 600 employees generating over $600 million in revenue and $100 million in net profit. Overture was later acquired by Yahoo! in 2003 for $1.6 billion.
About Konnects
Konnects, Inc. provides a powerful social media platform designed to bring engagement and new revenue opportunities to the newspaper industry. Konnects believes that by wrapping the local news content into a social networking community, a compelling value proposition can be created for both readers and the newspaper. By partnering with newspapers Konnects has the potential to reinvigorate an industry and once again place the local newspaper in the center of its community. Konnects believes its solution is perfectly positioned to grow, engage, and monetize the local newspaper’s online audience.
Additional news and information is available at www.konnects.com.For press inquiries, please contact us at 253-572-5800 or at press@konnects.com.
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