Undertone Recognized by Selling Power's 2016 "50 Best Companies to Sell For" List

Honor Provides Distinct Hiring Advantage for Executive Sales Force


NEW YORK, NY--(Marketwired - August 22, 2016) - Undertone, a division of Perion Network Ltd. (NASDAQ: PERI), and a leader in high-impact digital advertising solutions for brands, today announced that it has secured a berth within the 2016 Selling Power "50 Best Companies to Sell For" list. Published since 1981, Selling Power is the leading magazine for B2B sales professionals. Each year, its corporate research team assembles and publishes the 50 Best Companies to Sell For list, which is now in its seventeenth year.

Companies of all sizes, with sales forces ranging from fewer than 100 salespeople to companies with sales-force numbers in the thousands. Undertone was evaluated based on the following criteria:

  • Compensation packages for salespeople
  • Sales culture
  • Onboarding and sales-enablement strategies
  • Training and coaching processes
  • Annual turnover percentage

"The 2016 50 Best List honors companies like Undertone for their achievements in supporting and recognizing leadership development," said Selling Power magazine founder and publisher Gerhard Gschwandtner. "Undertone has proven that it provides a culture in which sales leaders thrive."

Undertone plans to build upon this foundation as its sales and marketing initiatives expand to all of North America and beyond, increasing the size of its talented team to achieve growth and leverage the company's recently announced partnerships that enhance cutting-edge mobile formats.

"Selling Power is acknowledging a key aspect of our corporate DNA by including us on their '50 Best List'," said Mike Pallad, Chief Revenue Officer of Undertone. "We intimately understand the value of the best practices they espouse for building a top-notch sales organization and remain committed to a thriving culture for this team within Undertone."

About Undertone:

Undertone is a leader in high quality, cross-screen digital brand advertising at scale. We build proprietary, cutting-edge solutions for the world's leading brands, that break through the clutter and truly stand out to create Unmissable experiences. Our innovative, award-winning digital ad formats, coupled with beautifully crafted creative, engage consumers through traditional and programmatic methods on top mobile and desktop properties. Learn more at www.undertone.com. Undertone is a subsidiary of Perion Network Ltd.

About Perion Network Ltd.

Perion is a global technology company that delivers high-quality advertising solutions to brands and publishers. Perion is committed to providing outstanding execution, from high-impact ad formats to branded search and a unified social and mobile programmatic platform. More information about Perion may be found at www.perion.com, and follow Perion on Twitter @perionnetwork.

About Selling Power

In addition to Selling Power magazine, the leading periodical for sales managers and sales VPs since 1981, Selling Power Inc. produces the Sales Management Digest and Daily Boost of Positivity online newsletters, as well as a five minute-video series featuring interviews with top executives. Selling Power is a regular media sponsor of the Sales 2.0 Conference.

Contact Information:

Eric Franchi
212.685.8000
eric@undertone.com

Investor relations

Jeremy Stein
+972 (73) 398-1025
investors@perion.com