Lycos Strengthens Senior Team with New Chief Content Officer and General Counsel
Seasoned Executives Return to Lycos Team
WALTHAM, Mass.-June 9, 2005 - Lycos, Inc. (www.lycos.com), a leading provider of search, community and technology lifestyle destinations, today announced the appointment of two executives to the Lycos senior management team. Both professionals are veterans of Lycos, bringing strong industry expertise and vision to support the company's operational objectives and growth.
Dan Sullivan rejoined Lycos this month as the new senior vice president and general counsel, where he oversees all legal responsibilities for the organization, including litigation, antitrust matters and legal policies regarding day-to-day operations. Mr. Sullivan brings more than 15 years of corporate legal experience working as senior counsel in the areas of mergers and acquisitions and joint ventures. He returns to Lycos following his most recent venture as principal at Northstar Global Partners.
Mr. Sullivan served as vice president, senior corporate counsel at Lycos from May 1998 through July 2004, during which time he structured, negotiated and drafted agreements for 20 of Lycos' merger and acquisition transactions ranging in size from $30 million to several billion dollars. He was lead counsel for two of Lycos' U.S. public offerings, as well as one in Europe. He negotiated equity investments by Lycos and its affiliates in more than 30 startup transactions, and was the lead counsel for the creation of a $75 million venture fund that invested in Internet-related activities. During his tenure with Lycos, Mr. Sullivan demonstrated his breadth of international experience, negotiating transactions in China, Korea, Japan, Singapore, Hong Kong, Australia, the U.K., France, Sweden, Germany, the Netherlands, Spain, Israel and Canada.
Brian Kalinowski rejoined Lycos in May 2005 as the chief content officer, overseeing the Wired News and Quote properties and driving new opportunities for broadband and content offerings. Mr. Kalinowski also optimizes business opportunities for Tripod and Angelfire, the award-winning web publishing community sites within the Lycos Network. Originally with Lycos from 1997 through 2000, Mr. Kalinowski served as general manager for the Lycos Entertainment group and director of the Multimedia Services team responsible for strategic planning, development and go-to-market activities. He was responsible for the development and launch of Lycos MP3 search, Lycos Multimedia search, Lycos Radio and Lycos TV. Prior to rejoining Lycos, Mr. Kalinowski was vice-president of Ziggs, Inc. (formerly Officenet, Inc.), where he managed product development.
About Lycos, Inc.
Lycos, Inc. (www.lycos.com) is a wholly owned subsidiary of Daum Communications Corp., a leading Internet portal and e-commerce destination in Korea with a growing presence throughout the Asian markets. Lycos, Inc. creates and operates search, community and technology lifestyle sites including Lycos.com, Hotbot.com, Wired.com, Tripod.com, Angelfire.com and Quote.com. Other Lycos products and sites include Lycos Mail, Gamesville and GetRelevant. Lycos was acquired by Korean Daum Communications Corp. in October 2004 and has its U.S. headquarters in Waltham, Massachusetts. Daum Communications Corp. is traded on the KOSDAQ: 035720, www.daum.net.
2005 Lycos, Inc. Lycos is a registered trademark of Carnegie Mellon University. All other product or service marks mentioned herein are those of Daum Communications.
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