December 14, 2005
Dear valued partner:
We are very pleased to inform you that PriceGrabber.com has become a part of Experian Interactive, a division of Experian, Inc, the global leader in information solutions. Experian operates in 28 countries with clients in over 60 countries and revenues of over $2.5 billion. Experian Interactive is a market leader in online lead generation and consumer marketing and accounts for nearly 20% of global Experian sales. Experian Interactive is comprised of key online marketing companies including LowerMyBills.com, Experian Consumer Direct, and ClassesUSA.com. As evidenced by the acquisition of PriceGrabber.com, continued expansion of Experian Interactive is a core part of Experian’s global growth strategy. We believe that as a result of this acquisition we will be in a better position to service our users, customers and partners.
We are very appreciative of the business relationship that we have developed with you and would like to thank you for your confidence and trust in PriceGrabber as well as your contribution to our success as a company. In the almost seven years since our inception, we have experienced incredible growth, thanks in large part to our distribution partners. With our acquisition by Experian, we will soon be entering an even more exciting time in our life as a company, with increased opportunities for success with our partners.
This acquisition combines:
PriceGrabber.com, one of the Internet’s leading comparison shopping services;
Experian Worldwide, a global leader in providing information solutions to businesses and consumers; and
Experian Interactive, a subsidiary of Experian Inc. and one of the largest Internet companies in the world.
As a result of this transaction, Experian Interactive brings together industry leaders PriceGrabber.com, LowerMyBills.com and ConsumerInfo.com to offer consumers the largest set of comparison shopping services under one umbrella.
This transaction enhances our ability to succeed in comparison shopping and continue to offer the best service to our partners:
Continued dedication to our partners. PriceGrabber.com remains dedicated to bringing the highest quality comparison shopping functionality, tools, and incremental revenue to our distribution partners.
Confidence in our continued stability. Experian serves more than 50,000 clients in 60 countries and has annual sales exceeding $2.5 billion.
Continued commitment of your PriceGrabber.com team representative. You can count on the same level of commitment and service from your PriceGrabber.com team representative.
We are very excited about this new development and our expanded capabilities as a result of this transaction. And we look forward to being able to continue to serve our partners and helping you become as successful as possible.