07.11.2007 21:05:00
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Peter Sobiloff to Step Down from Greenfield Online Board of Directors
Greenfield Online, Inc., (Nasdaq: SRVY) today announced that Peter
Sobiloff, Managing Director with Insight Venture Partners, will step
down from the Greenfield Online Board of Directors after eight years as
a member and more than six years as its Chairman, effective December 31,
2007. The Board of Directors is pleased to announce the appointment of
Joel R. Mesznik to assume the role of Chairman of the Board of Directors
commensurate with the date of Mr. Sobiloff’s
retirement.
"It has been a pleasure to have participated
in the growth of Greenfield Online from a financial sponsorship, as well
as a business advisory perspective,” stated
Peter Sobiloff. "I am proud of how much the
Board, the management team and the entire employee base have
accomplished during the last eight years. With the company in such great
hands, and having completed the distribution of Insight’s
position in Greenfield Online this past summer, it is now time for me to
move on.”
Peter Sobiloff has served as a member of the Board of Directors since
May 1999 and as Chairman since May 2001. Mr. Sobiloff will continue to
serve as a Managing Director of Insight Venture Partners, a technology
focused private equity firm, a position he has held since 1998.
"Peter helped build Greenfield Online into a
market leader that ultimately served as a model for an entire new
industry,” stated Joel Mesznik. "On
behalf of the entire Board, I would like to thank him for his
contribution to the company, as well as for his leadership as Chairman
of the Board of Directors. It is with great appreciation and admiration
that we wish him success in his future endeavors."
"Peter has provided important assistance and
direction during these last two years, and I have thoroughly enjoyed
working closely with him,” stated Al
Angrisani, President and Chief Executive Officer. "I
admire his integrity and entrepreneurial passion and wish him success in
the future.”
Joel Mesznik has served as a member of the Board of Directors since May
1999 and currently serves as the chairman of the audit committee and as
a member of the governance and nominating committee. He has been
President of Mesco Ltd., a consulting company, since 1990.
Continued Mesznik: "I look forward to working
with the Board of Directors and the Greenfield Online management team in
my new role as Chairman. One of our first tasks is to begin the process
of recruiting a new member of the Board of Directors to fill the vacant
seat left by Peter.” About Greenfield Online, Inc.
Greenfield Online, Inc. headquartered in Wilton, CT, supplies the
increasingly urgent demand of industry for better understanding of
consumers around the world. Our proprietary innovative technology
enables us to collect thousands of consumer opinions quickly and
accurately, and to organize them into actionable form. We do this
through our Internet survey solutions business in North America and
Europe by collecting, organizing and selling consumer opinions via
survey responses for our marketing research and end-user company clients
on a global basis. Through our Ciao comparison shopping portals we
gather unique and valuable user-generated content via product and
merchant reviews that help consumers and visitors to our Ciao portals
compare prices and make purchasing decisions. For more information visit http://www.Greenfield.com
or http://www.ciao-group.com. To
join the panel to take surveys, visit http://www.greenfieldonline.com.
Cautionary Note Regarding Forward Looking Statements.
Certain statements contained in this press release constitute
forward-looking statements for purposes of the safe harbor provisions of
The Private Securities Litigation Reform Act of 1995. These statements
include, without limitation, statements and predictions relating to our
future financial performance; in addition to other statements relating
to our future operations, services and products. In some cases, you can
identify forward-looking statements by terminology such as, "may,"
"should," "expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "potential," "continue," or the negative of these terms or
other comparable terminology. We have based these forward-looking
statements largely on our current expectations and projections about our
business operations, future events and financial trends that we believe
may affect our financial condition, results of operations, business
strategy and financial needs but they involve a number of risks and
uncertainties that could cause actual results to differ materially from
those in the forward looking statements. Such risks and uncertainties
are detailed in the "Risk Factors”
section of our Annual Reports on Form 10-K and each subsequent Quarterly
Report on Form 10-Q that we file with the Securities and Exchange
Commission and which are available at http://www.sec.gov
and under the Investor Relations section of our corporate website at www.greenfield.com.You
are urged to consider these factors carefully in evaluating the
forward-looking statements herein and are cautioned not to place undue
reliance on such forward-looking statements, which are qualified in
their entirety by this cautionary statement. The forward-looking
statements made herein speak only as of the date of this [press
release/ presentation] and we undertake no
obligation to publicly update such forward-looking statements to reflect
subsequent events or circumstances.
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