CGI Holding Corporation`s WebSourced Subsidiary Expands into Training and Consulting Services
Global Leader in Search Engine Marketing Hires Industry Veteran Heather Lloyd-Martin
RESEARCH TRIANGLE PARK, N.C.--Dec. 13, 2004-- WebSourced, Inc., the global leader in search engine marketing (www.websourced.com) and a wholly-owned subsidiary of CGI Holding Corporation (OTCBB: CGIH - News), today announced the hiring of industry veteran Heather Lloyd-Martin.
As WebSourced`s Director of Search Strategies, Lloyd-Martin will launch the firm`s consulting and training practice, which will target corporations with in-house search marketing teams. She has extensive experience in corporate education and her efforts result in increased Web site return on investment and improved integration between a company`s marketing and technical departments.
"WebSourced is excited about this new business opportunity. The decision to offer consulting and training to corporations with internal search marketing teams is a natural progression of WebSourced services," stated Pat Martin, WebSourced CEO and president.
WebSourced is the world`s largest search engine marketing company. It provides clients with organic search engine optimization, paid inclusion and pay-per-click advertising services. The firm helps companies secure a well-rounded online marketing presence that will generate new business. Its roster of 1,300 plus clients includes market leaders such as Lowe`s Home Improvement, NBC, Alaska Airlines, Peopleclick and Experian.
Andy Beal, WebSourced vice president of search marketing, commented, "Heather is considered the pioneer of search engine optimization writing. Her ability to strengthen corporate SEM teams is unmatched."
Lloyd-Martin is the former president of SuccessWorks Search Marketing Solutions, Inc. She stated, "WebSourced provides its clients with top-tier services, and is on the cutting-edge of search marketing. I look forward to using my insight and experience to lead WebSourced`s corporate training efforts."
Founded by CEO and President S. Patrick Martin, WebSourced, Inc. is the global leader in Internet marketing, with its KeywordRanking.com service specializing in improving website visibility in major search engines and Cherish.com offering online dating services. CGI Holding Corporation`s filings can be viewed at http://www.cgiholding.com.
Statements made in this press release that express the Company`s or management`s intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe", "expect", "intend", "estimate", "anticipate", "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company`s actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. Other factors that could cause the Company`s actual activities, results or performance to differ materially include risks and uncertainties relating to: historical losses; volatile stock price; acquisition-related risks; managing growth; availability of skilled labor and key personnel; weak general economic and business conditions; lack of long-term contracts; lack of brand awareness; client expectations; dependence upon the Internet and telecommunications infrastructure; competition; long-term viability of search engine optimization business; governmental regulation or taxation; legal uncertainties affecting the Internet; numerous online dating-related risks; affiliate agreements and relationships; third-party providers; hurricanes; terrorism; regulation of adult content and personal information; security breaches; computer viruses; credit card fraud; inability to protect intellectual property; likely inability to collect all monies owed to us; existing and potential litigation; insider control; no dividends; Nevada laws that could discourage transactions involving the Company`s stock; future capital needs; potential dilution; indemnification of directors and officers; and other factors and risks discussed in the Company`s filings with the Securities and Exchange Commission. The Company cannot guarantee future financial results, levels of activity, performance or achievements and investors should not place undue reliance on the Company`s forward-looking statements. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company`s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.
Media Contact:
Cindy Akus
919-277-1151
cakus@fwv-us.com
Investor Contact:
Ed Lewis
212-732-4300, extension 225
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