21st Jun 2006 09:12
WPP Group PLC21 June 2006 FOR IMMEDIATE RELEASE 21 June 2006 WPP GROUP PLC ("WPP") OgilvyOne acquires Leopard in the US WPP announces that its wholly-owned operating company OgilvyOne Worldwide, theleading provider of direct, promotion and relationship marketing services, hasacquired the entire issued share capital of Leopard Communications, Inc. ("Leopard"), a leading independent business-to-business marketing agency. Founded in 1984, Colorado-based Leopard employs 113 people and specializes inhelping companies accelerate the sales cycle for complex B2B products andservices. This acquisition will allow OgilvyOne to provide a fully integratedsolution to its business-to-business clients, incorporating brandedcommunication strategies with sophisticated sales solutions. Leopard has alsodeveloped proprietary technology for digital asset management. Leopard andOgilvyOne share key clients including IBM and SAP. Leopard reported unaudited revenues of $11.5m for the year ended 31 December2005 and had net assets of $2.6m at the same date. The acquisition of Leopard continues WPP's strategy of expanding its networks infast-growing and important markets. Contact: Feona McEwan, WPP +44-20 7408 2204www.wpp.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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