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GuruNet Appoints Bruce Smith as VP Investor Relations and
Strategic Development
NEW YORK, July 28 /PRNewswire-FirstCall/ -- GuruNet Corporation (AMEX: GRU),
creators of Answers.com(TM), the answer-based search engine, are pleased to
announce the appointment of Bruce D. Smith, CFA, as the company's Vice
President of Investor Relations and Strategic Development. Bruce will serve as
the primary liaison to investors and analysts and will be a critical addition
to the management team. Bruce has 24 years of experience in the investment
industry and most recently was a Managing Director at the investment firm
Archery Capital in New York.
"Bruce brings to GuruNet strong capabilities and experience that will enhance
the company's ability to successfully communicate with investors," said Bob
Rosenschein, GuruNet's Founder and CEO. "Bruce was a sell-side analyst for over
five years and brings the significant knowledge and perspective we need as we
evolve and grow as a public company."
Previously, Mr. Smith maintained coverage of Internet stocks for Jefferies and
Company and Merrill Lynch. In this capacity, he was actively involved in the
explosive growth in the early days of the Internet. Bruce was widely quoted in
many news publications including the Wall Street Journal, Business Week and the
New York Times. He also appeared frequently on CNBC, CNNfn and Bloomberg.
"GuruNet is at the forefront of the next generation of Internet services. As we
have seen over the last 10 years, new market leaders emerge to pioneer the way
in introducing new features and functionality that enhance the user experience.
I believe Answers.com is a groundbreaking service that can make a real impact on
the industry," said Smith. "The opportunity for GuruNet is substantial, and I am
delighted about being part of the executive team."
Jay Bailey, who has coordinated investor relations since the company's IPO as
part of his communications role, will be focusing on marketing and public
relations.
About GuruNet
GuruNet Corporation (AMEX:GRU) operates a leading answer-based search
engine,http://www.answers.com/. Founded in 1999 by Bob Rosenschein, GuruNet
provides patented technology and software tools to access concise information
on demand. For additional information, visit http://www.gurunet.com/.
ANSWERS.COM and GURUNET are trademarks of GuruNet Corporation. All other marks
belong to their respective owners.
GuruNet Contact:
Jay Bailey
Director of Communications
888-248-9613
GuruNet Investor Relations:
BPC Financial Marketing
John Baldissera
800-368-1217
DATASOURCE: GuruNet Corporation
CONTACT: GuruNet Contact: Jay Bailey, Director of Communications,
888-248-9613, GuruNet Investor Relations: BPC Financial
Marketing, John Baldissera, 800-368-1217