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GuruNet Announces Annual Meeting Results
NEW YORK, July 13 /PRNewswire-FirstCall/ -- GuruNet Corporation (AMEX: GRU),
creators of the Answers.com(TM) answer-based search engine, today announced the
results of its 2005 Annual Meeting of Stockholders. At the meeting,
stockholders voted for the election of Mark Tebbe and Lawrence Kramer to the
Board of Directors of the Company, each for a three-year term or until their
successors are duly elected and qualified. Stockholders also approved the
Company's 2005 Incentive Compensation Plan and ratified the appointment by
GuruNet's Audit Committee of Somekh Chaikin, a member of KPMG International, to
serve as the Company's independent registered public accounting firm for the
fiscal year ending December 31, 2005. The meeting was held on July 12th at the
New York Penn Club in New York City.
"We thank our stockholders for their ongoing support and for their recognition
that we are building a fundamentally easier way to find concise information on
the Web," said Robert Rosenschein, Chairman and CEO. "As we gear up our
marketing plans for the back-to-school season, we expect to significantly
increase traffic over the next six to twelve months and to continually build
its monetization."
About GuruNet
GuruNet Corporation (AMEX:GRU) operates Answers.com(TM), a leading answer-based
search engine (http://www.answers.com/). Founded in 1999 by Bob Rosenschein,
GuruNet Corporation provides patented technology and software tools to access
concise information on demand. More information on GuruNet is available at
http://www.gurunet.com/.
ANSWERS.COM and GURUNET are trademarks of GuruNet Corporation.
GuruNet Contact:
Jay Bailey
Director of Communications
+1-888-248-9613
GuruNet Investor Relations:
John Baldissera
BPC Financial Marketing
+1-800-368-1217
DATASOURCE: GuruNet Corporation
CONTACT: GuruNet Contact: Jay Bailey, Director of Communications,
+1-888-248-9613. GuruNet Investor Relations: John Baldissera,
BPC Financial Marketing, +1-800-368-1217