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TechTarget Co-Founder and CEO Named Ernst & Young New England Entrepreneur of the Year
Strakosch Led Company to Quadruple Revenues in Two Years
NEEDHAM, Mass. -- June 27, 2003 -- IT media company TechTarget announced today that co-founder and CEO Greg Strakosch received the Ernst & Young New England Entrepreneur of the Year® Award. Award recipients were honored last night at a gala awards banquet at the Boston Park Plaza Hotel.
The Ernst & Young Entrepreneur of the Year Award recognizes the entrepreneurial achievements of company founders who have developed ground-breaking business models, products and services through sheer determination, focus and imagination. An independent panel of judges from the business and financial communities selected this year's group of Award recipients, which included leaders from the fields of media and marketing, biotechnology and pharmaceuticals, IT, and telecommunications.
"It is an honor to be recognized for the success TechTarget has achieved and the innovation that has driven it," said Strakosch. "Over the past three years, TechTarget has created a vibrant new model for media and events-a model that has enabled us to deliver unprecedented ROI to our advertisers and made us the only IT media company that's grown over the past three years. These achievements would not have been possible without the contributions of TechTarget's blue-chip management team and the dedicated employees of TechTarget."
Despite an advertising recession that has stymied the growth of tech media worldwide, TechTarget has continued its rapid growth, quadrupling its revenues over the past two years and achieving profitability. Started in 1999 to provide media for targeted segments of the enterprise IT community, TechTarget has expanded its portfolio from four Web sites to a full network of 18 Web sites, a magazine publishing division, and a conference division. Today, TechTarget is the number-one producer of Webcasts for the IT market and a leading publisher of IT-focused e-mail newsletters. TechTarget's 227 employees work at the company's headquarters in Needham, MA, in its West Coast sales office, and in regional offices around the country.
About TechTarget
IT media company TechTarget offers the most targeted media for enterprise IT professionals, including invitation-only conferences, e-mail newsletters, Webcasts, Storage magazine, and the only network of Web sites targeting specific sectors of the IT market. TechTarget offers measurably effective branding and lead-generation programs, including TargetROI, an integrated advertising program that helps advertisers maximize the return on their advertising investment by providing them with strategic counsel and a guaranteed number of leads. TechTarget's more than 1,000 advertisers include the leading IT companies in the world, among them, IBM, Microsoft, Oracle, Sun Microsystems, Intel Corp., EMC Corp., and HP. More information about TechTarget is available at www.techtarget.com
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Contact:
Marilou Barsam
Senior Vice President, Client Services & Corporate Marketing
617-431-9368
888-274-4111 x 9368
mbarsam@techtarget.com
Chris Olive
Director of Corporate Marketing, Events and Public Relations
617-431-9374
888-274-4111 x 9374
colive@techtarget.com |
