MONTREAL, May 28 /CNW Telbec/ - BRANCHEZ-VOUS! Inc. (TSX Venture Exchange: BZV) is changing its name to "BV! Media Inc.". The corporation's shareholders voted in favour of a special resolution at an annual and special meeting held in Montreal, so as to allow the corporation's name change.
"While BRANCHEZ-VOUS! represented well the corporation's original publishing core business and its French-language identity, we have morphed into an online ad network, with an even wider reach in English Canada than in Quebec", says Patrick Pierra, Co-President and CEO of the corporation.
"The name change was becoming increasingly important in our continuing efforts to build our ad network in the rest of Canada, with which we already reach over 10 million English-speaking visitors", adds Gino Coutu, Co-President and COO.
"BV! Media, which has quickly established its name amongst Canada's largest ad networks, will better reflect our business realities and aspirations going forward," says André Bisson, Chairman of the Board.
The corporation will continue to use and promote the BRANCHEZ-VOUS! brand for its web publishing and production operations, which include the BRANCHEZ-VOUS.com portal.
In a related move, the corporation's stock symbol on the TSX Venture Exchange will soon be changed from BZV to BVM.
At the meeting, the corporation's shareholders re-elected six previous board members. Philippe Brillant, previously chair of the Audit committee of the Board of directors, has not sought re-election after four years on the board. "We thank Philippe for his contribution to the board and for overseeing the integration of financial processes and controls after the successful merger of two organizations", says Harold Sharon, chair of the Nomination, Compensation and Corporate governance committee of the board of directors. André Bisson, chairman of the board of directors, replaces Philippe Brillant as chair of the Audit committee.
About BV! Media inc.
BV! Media is a leading Montreal-based Internet media company, active in Internet content and advertising.
BV! Media operates the leading Canadian interactive advertising network, offering a large range of both contextual and behavioral targeting capabilities on over 400 high quality sites that include AirCanadaVacations.com, Canada411.ca, Cinoche.com, CommentCaMarche.net, Guardian.co.uk, JeuxVideo.com, LeDevoir.com, Linternaute.com, NASDAQ.com, TagTele.com, Telegraph.co.uk and TorontoPlus.ca. Its services include display advertising, rich media creativity, Pay-per-clic (PPC) text ads, Search Engine Marketing (SEM) and Search Engine Optimization (SEO). The BV! Media network reaches approximately 12 million unique users per month across Canada (source: comScore MediaMetrix, March 2009).
BRANCHEZ-VOUS!, the Content division of BV! Media, produces, publishes and commercializes French-language Internet content. It operates BRANCHEZ-VOUS.com (www.branchez-vous.com), the largest independent information portal in Quebec, whose main sections cover news, technology, business, sports (Fanatique.ca) and entertainment (Showbizz.net).
BV! Media is listed on the TSX Venture exchange under the symbol BZV and has approximately 60.4 million shares outstanding. Additional information on the Corporation can be obtained on SEDAR and at www.bvmedia.ca/inc/eng
The TSX Venture exchange has neither approved nor disapproved the
contents of this press release.
ContactsMedia: Patrick PierraCo-President and Chief Executive Officer
(514) 337-9065 ext. 249
ppierra@bvmedia.ca Analysts and investors: Tom Vorias
Chief Financial Officer
(514) 337-9065 ext. 223
tvorias@bvmedia.ca
