On May 8, 2009, Global Nemesis president and CEO Hugh Jassman IV announced that he is considering purchasing the online free social messaging utility called Twitter.
“I am simply amazed by this new technology,” said Jassman at Friday’s board meeting. “I just signed up this morning and I already have over 100 followers. People like Demi Moore and Miss California Carrie Prejean. This Twitter is a public relations goldmine!”
Following the meeting, the Global Nemesis acquisitions team was instructed to make an offer for Twitter. A response from the San Francisco-based company is pending.
In March 2009, a Nielsen.com blog ranked Twitter as the fastest-growing site in the Member Communities category for February 2009. Twitter had a growth of 1382%.
“Growth of 1382% is outstanding and certainly makes Twitter worthy of our interest,” Jassman announced at an afternoon press conference. “I think most people know that when Global Nemesis is interested in acquiring a new subsidiary, the potential for growth and financial return is a given.”
ABOUT GLOBAL NEMESIS
Founded in 1894, Global Nemesis (NASDAQ: GNEM) is a transnational corporation with over 300,000 employees in 49 countries. Global Nemesis is comprised of 212 subsidiaries and represents over 300 brands throughout the world.
The company’s global sales and support model is unique and has delivered a consistently stealth customer experience worldwide for over 115 years.
Global Nemesis products and services are global in scale, linking the world’s enterprises, governments and financial institutions with customers, employees and partners worldwide in a environment that is ideally suited for transnational business ventures. The company offers a full range of services to approximately 90 percent of the Fortune 500, as well as thousands of transnational corporations.
Please visit www.globalnemesis.com or blog.globalnemesis.com for more information about Global Nemesis.
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Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company’s filings with the Securities and Exchange Commission. Global Nemesis undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL NEMESIS:
Press Contacts
Flo Menses
+ 1 555 672 0000
PR@globalnemesis.com
Alberto Maracas
Latin America
+ 555 88 5040 2132
LatAmPR@globalnemesis.com
Crown Prince Mohammed bin Ladin al Omar
United Arab Emirates
+ 666 (0) 1265 858 450
UAEPR@globalnemesis.com
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