28th Mar 2008 07:00
RAMBLER MEDIA APPOINTS MAXIM KONOVALOV AS CHIEF TECHNICAL OFFICER Rambler Media Limited (RMG.LN), ("Rambler" or "the Group"), operating one ofRussia's most popular internet brands, is pleased to announce the appointment ofMr. Maxim Konovalov as the Group's Chief Technical Officer with immediateeffect. Maxim Konovalov will be responsible for the management and running of RamblerMedia's technical systems and his primary objective will be to optimize theperformance of Rambler's internet sites. He will play a leading role indelivering innovative new projects and he will make further improvements toRambler's IT architecture/infrastructure. Maxim Konovalov's appointment isin-line with the Group's strategy to consolidate Rambler's position as one ofthe leading internet brands in Russia by further enhancing the user experiencefor millions of Rambler.ru users each day and creating the best possible andmost reliable on-line advertising platform in Russia. Prior to joining Rambler Media, Maxim Konovalov led the IT department of ComstarDirect, the leading ISP based in Moscow as its Director. Prior to this, he wasthe head of MTU-Intel's (as Comstar-Direct was previously named) TelematicDepartment before becoming their Operational Director. Mark Opzoomer, Chief Executive Officer of Rambler Media, commented: "We aredelighted to welcome Maxim to Rambler Media. Maxim's experience and technicalexpertise will play an important part in our continuing development program andour growth. We have put many initiatives in place which will enable us toexecute our strategy to become Russia's leading open gateway to the web andRussia's favorite daily homepage. We continue to be focused on four profitgenerating areas: Search & Navigation; Communication Services; Homepage andMedia & Entertainment. Maxim's appointment ensures that the technicalinitiatives designed to provide users with the best in class internet experiencein each of these areas can be implemented to the highest standards." For further information, please visit www.ramblermedia.com or contact: \* TRambler Media Shared Value LimitedMark Opzoomer / Arthur Akopyan Nicolas DuperrierTel. +7 495 500 3826 Tel. +44 (0) 20 7321 5010 [email protected] ING Wholesale BankingDaniel Friedman / William MarleTel. +44 (0) 20 7767 1000\* T *** ABOUT RAMBLER MEDIA Rambler Media is an internet media and services group which operates or hasinterests in leading Russian language internet brands including the originalRussian internet homepage and search engine 'Rambler.ru', on-line newspaper'Lenta.ru', product comparison website 'Price.ru', internet catalogue andnavigation system 'Top 100', instant messaging service 'Rambler-ICQ', digitaladvertising agency 'Index20' and contextual advertising company 'Begun'. RamblerMedia's shares are traded on AIM, the junior market of the London Stock Exchangeunder the symbol 'RMG'. For more information on Rambler Media, visit ourcorporate website at www.ramblermedia.com. Certain statements within this announcement constitute forward-lookingstatements. Such forward-looking statements involve risks and other factorswhich may cause the actual results, achievements or performance of the Group tobe materially different from any future results, achievements or performanceexpressed or implied by such forward-looking statements. Such risks and otherfactors include, but are not limited to, general economic and businessconditions, changes in government regulations, and court interpretations of suchregulations, currency fluctuations (including the US$/Rbs rate), competition,and changes in development plans. There can be no assurance that the results andevents contemplated by the forward-looking statements contained in thisannouncement will, in fact, occur. Any forward-looking statements made in thisannouncement represent management's best judgment as to what may occur in thefuture and are correct only as at the date of this announcement. The Group willnot undertake any obligation to release publicly any revisions to theseforward-looking statements to reflect events or circumstances occurring afterthe date of this announcement except as required by applicable law or by anyapplicable regulatory authority. Copyright Business Wire 2008Related Shares:
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