Advertising.com, Inc.
Baltimore, MD
December 2003

Advertising.com, Inc. is a leading expert in performance-based marketing for interactive advertisers and publishers. The company operates the industry’s largest independent interactive advertising network, reaching over 70 million unique visitors monthly via the Web and more than 75 million email subscribers. Advertising.com’s best-of-breed AdLearn® optimization technology and interactive marketing expertise ensure maximum results for its clients, which have included 14 of the top 20 advertisers in the U.S. and all of the top 10 advertisers in the U.K. Advertising.com is headquartered in Baltimore, with offices in New York, San Francisco, London and various other locations throughout Europe.

Bengur Bryan provided valuation services to Advertising.com.