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Eliyon Technologies Corp. Changes Name to Zoom Information Inc.
CAMBRIDGE, Mass. (Mar. 21, 2005) - Eliyon Technologies Corporation today became Zoom Information, Inc. (www.zoominfo.com), the search engine that extracts and summarizes people information. Zoom Information and its product name, ZoomInfo, were chosen to describe the capability they deliver for users to "Zoom-In" on information about people using a summarization search engine, which currently includes summaries of 25 million people. ZoomInfo’s people summaries include work history, education and other information, all compiled from pages from multiple sources across the Web.
"ZoomInfo allows people to "Zoom-In" on people information quickly. Any time a user is looking for some background data to warm up a sales call or prepare for a meeting, ZoomInfo is the easiest way to get a comprehensive summary," said Jonathan Stern, founder and CEO of Zoom Information.
In a separate release today, Zoom Information announced the launch of a new free product for consumers that allows searching by name, company, university or Web site (25 Million Searchable Summaries of People Information, New ZoomInfo). The company generates consistent triple-digit revenue growth and positive cash flow from sales of its enterprise level subscription products. ZoomInfo’s subscription products have become a premier source of candidate information in the recruiting industry and will continue to fund the company’s growth as it launches the ZoomInfo brand to both business and consumer audiences.
Zoom Information Inc.'s core search product, ZoomInfo, is a summarization search engine that creates individual summaries of people including work history, education, current position and other business affiliations. It features summaries of more than 25 million people and 1.5 million companies. ZoomInfo is unique in that its summarization search engine finds, understands, extracts and saves actionable information about people on the Web. The patented search technology continually scans millions of Web sites, press releases, electronic news services, SEC filings and other online sources. Then, it intelligently compiles concise summaries about individuals and companies.
ZoomInfo helps streamline recruiting efforts, compile sales leads, enhance competitive intelligence efforts, and more for hundreds of companies. Its customers range from small firms to more than 20% of the Fortune 500, including Microsoft, Nike, Oracle, Pfizer, and Staples.
Zoom Information (formerly Eliyon Technologies) was founded in 2000 by Jonathan Stern, CEO, who led the development of the technology from his original vision that search engines should employ deeper understanding of text than keyword searches. Zoom Information is privately held and based in Cambridge, Massachusetts. For more information, visit http://about.zoominfo.com or call toll-free: 866.904.ZOOM (9666).
Brian Payea
Director of Corporate Communications
Zoom Information Inc.
Phone: 617.588.7537
Email: payea@zoominfo.com
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