InfoSearch Media Employees Join Management In Pay Reductions
InfoSearch Media, May. 17, 2008 (www.InfoSearchMedia.com) --InfoSearch Media, Inc., a comprehensive Internet search marketing firm providing text and video Content, Pay-Per-Click campaign management and SEO services all designed to drive more traffic and conversions to client websites, today announced that the majority of its 25 employees have chosen to take
Read more...

Submit Your Press Releases

InfoSearch Media Employees Join Management In Pay Reductions
InfoSearch Media, May. 17, 2008 (www.InfoSearchMedia.com) --

InfoSearch Media, Inc., a comprehensive Internet search marketing firm providing text and video Content, Pay-Per-Click campaign management and SEO services all designed to drive more traffic and conversions to client websites, today announced that the majority of its 25 employees have chosen to take temporary pay cuts of 33% to 71%, in a show of commitment and solidarity. The employees join the efforts of Senior Management as they expand their already existing pay cut with the CEO and CFO now reducing salary by 71% and 64% respectively.

This initiative shows a shared belief in the company's future opportunities and a willingness to make short-term individual sacrifices to ensure collective longer-term success.

"These reductions help us continue to deliver high value for our clients, and this kind of broad-based commitment is particularly telling," says Chief Executive Officer George Lichter. "I believe this is the strongest possible indication of how positively those closest to the business feel about its future prospects."

"We have done a lot of belt tightening throughout the entire organization over the past few months and as a result, are close to achieving recurring operating profit while still incurring disproportionate costs of being a small public company," says Chief Financial Officer Scott Brogi. "We are hopeful this kind of near-term investment will reap significant rewards for our dedicated team here at InfoSearch Media."

All employees at InfoSearch Media receive equity in the Company to help ensure alignment with the Company's customers and its shareholders.