5th Jul 2006 09:27
WPP Group PLC05 July 2006 For Immediate Release 5 July 2006 WPP GROUP PLC ("WPP") Wunderman acquires digital consultancy ZAAZ, Inc. in US WPP announces that its wholly-owned operating company, Wunderman, the globalrelationship marketing network, has agreed to acquire the business of ZAAZ, Inc.("ZAAZ"), a leading digital consultancy providing web strategy, design,development, user experience, analysis and optimization services. Founded in 1998 and based in Seattle, Washington, with an office in Portland,Oregon, ZAAZ employs 65 people. ZAAZ's clients include Alcoa, Converse, Expedia,Microsoft and Qwest. ZAAZ's unaudited revenues for the year ended 31 December 2005 were US$9.2million with net assets at the same date of US$1.6 million. This investment continues WPP's strategy of developing its networks infast-growing and important markets and sectors. 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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