Chitika Looking to Acquire Blog Networks

Blog network acquisitions to complement Chitika’s affiliate network growth.

Marlborough, MA – June 25, 2007 — Over the past few years the blogosphere climbed its way out of

the trenches to not only establish itself as a credible authoritative voice, but as a profitable plateau for merchants and advertisers. Chitika , a leader and pioneer in the blogosphere and known as the “blog dollars” company, has recognized the stand these blogs have taken in this online real estate and is looking for acquisitions to fuel its fast growing blog network.

With over 12,000 participating blogs collectively generating over one billion monthly impressions, advertisers and merchants are looking at the Chitika network as one of the most powerful online sales channels in the new web. “Blog$ is no longer an oxymoron,” says Venkat Kolluri, CEO of Chitika. “The blogosphere is evolving into the most powerful online sales channel for our advertisers and our goal is to capture the lion’s share of this market space.”

Interested blog network owners please contact bizdev AT chitika.com