The Vendare Group Names Veteran Executive Officer David Burcham EVP of Operations

The Vendare Group Names Veteran Executive Officer David Burcham EVP of Operations In Second Appointment, Business Development Executive Michael Downs Joins as SVP of Corporate Development and Strategic Planning SHERMAN OAKS, Calif., Jan. 24 /PRNewswire/ -- The Vendare Group, a leading provider of performance-based online media and marketing solutions, today announced the appointment of David Burcham, a seasoned executive with two decades' experience in technology and online media, as Executive Vice President of Operations. At the same time, the company named Michael V. Downs, who formerly served with Booz Allen and Accenture, as Senior Vice President, Corporate Development and Strategic Planning. Burcham has held executive officer positions at three public companies, managed mergers and acquisitions, and has raised tens of millions of dollars in venture capital. He is an accomplished negotiator, and is skilled at executing integrated sales and marketing programs. Burcham served as President and CEO of Internet retailer Toytime.com, Inc., before becoming President of ACT*1, a leading staffing and human resources firm. Burcham held various senior posts at Micron Electronics, a leading manufacturer of personal computers, including SVP and General Manager of Micron Electronics, President of MicronPC and President of Micron Electronics International, with worldwide sales and distribution responsibilities. Previously, Burcham served as EVP of Sales and Operations at Creative Computers/PC Mall, a direct marketer of personal computer products, where he was instrumental in the company's dramatic revenue growth to more than $640 million. He helped develop and launch uBid.com, a major player in the online auction space. Burcham also served as Vice President of Worldwide Sales and Operations at Multiple Zones, a reseller of PC products, where he ran domestic sales and operations and developed and ran global business strategies, operating in more than 40 countries. "David is a significant addition to The Vendare Group team," said Keith Cohn, President and CEO of The Vendare Group. "He brings a history of creating company growth and consistent profitability. He is talented, versatile -- having held CEO, EVP, SVP and CFO posts across a range of organizations -- and a proven producer. In addition to his operational and managerial skills, David will be a driving force as we map our growth strategies and plans." "The Vendare Group is a remarkable organization that will continue to make its mark in the world of online media," said Burcham. "Our people and our solutions are our biggest assets, and I look forward to working with our customers, our partners and the rest of the management team to further enhance the value of those assets." As SVP of Corporate Development and Strategic Planning, Michael Downs will play a key role in The Vendare Group's continued growth domestically and internationally. Downs brings to the company global business experience and an extensive business development background. Downs was most recently Principal of China Diligence in Beijing and Hong Kong. Acting on behalf of Western investors, he conducted investment due diligence on Chinese and wholly foreign-owned enterprises in the base materials, technology, real estate and financial service sectors. Prior to that, he served as EVP of Business Development for Magex Ltd. in London, a spin-off of NatWest Bank, where he launched Europe's first person-to-person and digital rights payment services. As an Associate at Booz-Allen & Hamilton Inc. in New York, he developed and implemented sales growth and cost reduction strategies for such clients as the National Newspaper Association, the NBA, Lucent, and Viacom. He was a member of the Financial Services Practice at Accenture, where he sold trading and accounting systems and services to large asset managers. About The Vendare Group The Vendare Group is a leading online media and performance-based marketing company. Reaching more than 90 million unique consumers per month in the U.S. alone, Vendare Group provides advertisers and publishers with an online suite of brand and performance-based marketing services including Web advertising, lead generation, email marketing and Internet search. The company, founded in 1999, is majority-owned by Idealab, a leading creator and operator of technology businesses. The Vendare Group, which employs more than 200 people, is headquartered at 15260 Ventura Boulevard, Suite 2000, Sherman Oaks, Calif., 91403, with additional offices in New York City and Seattle. The company can be reached at 818-817-2100, or on the Web at http://www.vendaregroup.com/. Contact: The Vendare Group Brad Copeland, Director of Corporate Communications (818) 528-2794 Source: The Vendare Group CONTACT: Brad Copeland, Director of Corporate Communications of The Vendare Group, +1-818-528-2794 Web site: http://www.vendaregroup.com/ ------- Profile: International Entertainment