SOURCE: Zango

May 22, 2007 09:00 ET

Zango CEO Named to WSA Board of Directors

Keith Smith Lends Leadership and Expertise to Help Shape Direction of Largest Statewide Association of Technology Companies and Executives

SEATTLE, WA -- (MARKET WIRE) -- May 22, 2007 -- The WSA, the state's oldest and largest technology trade organization, named Keith Smith, CEO of Zango, to its board of directors, Zango announced today.

The WSA board of directors -- chaired by Bill Baxter, founder and CEO of SnapTune, Inc. -- provides strong leadership oversight, insightful ideas and valuable experience to help guide the direction of the WSA, which boasts 1,000 member companies representing more than 80,000 technology sector employees in Washington state.

"Keith brings a fresh voice and relevant experiences to the WSA board," said Ken Myer, WSA president and CEO. "He will no doubt play an important role as we set new industry directions and advance the economic value and global impact of technology companies doing business in Washington."

Smith's vision, entrepreneurial spirit and focus on results and profitability, not to mention his strong technology development background, are ideal for WSA board service. He has served as CEO of Zango since co-founding it in 1999 and has led the company to become the Web's leading desktop advertising software company with a lengthy, multi-year track record of profitability. During his tenure at Zango, Smith has raised more than $150 million in debt and equity financing and successfully integrated four mergers and acquisitions.

"It goes without saying that Washington state is a tremendous environment for technology companies," said Smith. "Our state, however, is not without its challenges. Many remain from the past, while new ones arise all the time. I've lived through both trying times and rewarding successes. I look forward to sharing these experiences and utilizing lessons learned to help the WSA advance the technology industry here in Washington."

About the WSA

Founded in 1984, WSA is Washington's technology association with over 1,000 member companies representing more than 100,000 software, Internet, telecommunications and technology company employees. The WSA is a catalyst for industry connections and provides members with key business services. As a voice for Washington's technology industry, the WSA leads the advocacy of issues necessary to grow Washington state's impact as a leader in the digital economy. WSA's Global sponsors are Davis Wright Tremaine LLP, Laird Norton Tyee, Microsoft, Regence BlueShield, The Hartford, and Wells Fargo Insurance Services. WSA's Funding sponsors are AH&T Insurance, Comerica, and Google. For more information, please see www.wsa.org.

About Zango

A pioneer of what we call the Content Economy, Zango, an online media company, fulfills millions of consumers' growing demand for free, sought-after online videos, games, music, tools and utilities, giving those consumers greater choice and control over when, where, and how they access that content. Zango's vision enables content creators to monetize and distribute their content, provides publishers access to valuable and unique content as well as a way to make money from their web traffic, and delivers to advertisers industry-leading ROI through time-shifted ad delivery by engaging more than 20 million consumers precisely when they are most likely to make a purchasing decision. Committed to safe and ethical practices, Zango welcomes more than 200,000 new opt-in consumers every day. For more information, visit www.zango.com.

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