Jack Balousek Joins Kowabunga! Board of Directors
02 July 2008 - 6:15AM
Business Wire
Kowabunga!� (AMEX:THK), the leading provider of interactive
performance-based advertising networks and technology platforms,
today announced that Jack Balousek has been appointed to its Board
of Directors effective June 27, 2008. Mr. Balousek will serve as an
independent board member and as chairman of the compensation
committee. He fills the board seat vacated as a result of the
resignation of Patrick Walsh. Mr. Balousek brings more than 20
years experience in executive management and board leadership to
the Kowabunga! director position. From 1991 to 1996, Mr. Balousek
served as President and Chief Operating Officer of Foote, Cone
& Belding Communications, at the time, one of the largest
global advertising and communications networks. He has served as
Chairman and CEO of True North Technologies, a digital and
interactive services firm affiliated with True North Communications
and as a Director at FCB Communications and True North
Communications from 1989 until 1997. Mr. Balousek co-founded, and
from 1998 to 1999, served as executive vice president of
PhotoAlley.com, a San Francisco-based marketing photographic
equipment, supplies and online services company. Prior to 1991, he
held various senior executive management positions with FCB and
brand management positions with Procter & Gamble Co. Mr.
Balousek has served as a director at a number of publicly held
companies, and currently serves on the Board of publicly held
Central Garden & Pet Co. He received his undergraduate degree
from Creighton University and his graduate degree from Northwestern
University. Mitch Tuchman, Chairman of the Kowabunga! Board of
Directors stated, "We are pleased to welcome Jack to our Board. We
anticipate that his past experience and expertise working with
advertising and communications networks as well as in brand
management will provide us with valuable insight, especially in our
efforts to expand the Network segment of our business.� Mr.
Balousek stated, �Kowabunga! is at a pivotal point in its evolution
and I look forward to the opportunity to help the company further
leverage its interactive businesses and maximize its proprietary
technology assets to benefit its customers, employees and
shareholders.� About Kowabunga! Inc. Think Partnership Inc. is now
doing business under the name "Kowabunga! Inc." and will seek
formal shareholder approval to change its legal name to Kowabunga!
Inc. later in 2008. Kowabunga Marketing Inc. will continue as a
subsidiary, operating its affiliate network and related products.
Kowabunga! Inc. is the leading provider of interactive
performance-based advertising networks and technology platforms.
Kowabunga! provides a comprehensive and integrated set of scalable
and cost-effective marketing solutions for both advertisers and
publishers. These solutions increase customer retention and
revenues through a diverse set of related marketing channels,
including affiliate marketing, click-fraud-protected pay-per-click
advertising, lead generation, interactive direct marketing,
integrated offline advertising, campaign management, public
relations, and branding. Kowabunga! also operates several
direct-to-consumer services including online dating, online
education, and home business opportunities. High-profile brands
include ValidClick AdExchange�, MyAP�, PrimaryAds�, BabyToBee�,
Second Bite� and MSA. For more information, visit
www.kowabunga.com. Forward-Looking Statements Statements made in
this press release that express the company�s or management�s
intentions, plans, beliefs, expectations or predictions of future
events, are forward-looking statements. Those statements are based
on many assumptions and are subject to many known and unknown
risks, uncertainties and other factors that could cause the
company�s actual activities, results or performance to differ
materially from those anticipated or projected in such
forward-looking statements. For a discussion of these risks, see
the company�s report, as filed with the Securities and Exchange
Commission on Form 10-K, filed March 31, 2008, under the section
headed �Risk Factors.� The company cannot guarantee future
financial results, levels of activity, performance or achievements,
and investors should not place undue reliance on the company�s
forward-looking statements.
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