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Financing Solutions that Fit
San Jose, California -- GotCompany(tm), parent company of GotMarketing(tm)-a leading provider of self-serve permission based email marketing software, today announced the closing of a $6.25 million round of funding led by Celtic House Venture Partners and Mosaic Venture Partners.

This round of financing comes on the heels of the recent appointment of Eric Melka as CEO. "Eric brings an impressive track record to GotCompany. His strength lies in keeping focused on aggressive go-to-market strategies that result in accelerated success. Since his appointment as CEO, he and his team have made some key decisions that have had significant impact," said Michael Potter, Chairman of GotCompany.

Sharing Melka's vision for continued growth and success is his proven management team of Natalie Prowse VP Product, Richard Tawfik VP Marketing, and Luc Vezina Director of Product Management and Operations. "The new team brings a powerful combination of technical and business experience in the delivery of both products and services, and will be instrumental in taking the company through to the next step," said Melka.

The management at GotMarketing has streamlined operations and strategically realigned the company along a proven customer-acquisition model, enabling it to reach the threshold of profitability within the first quarter of implementation. These carefully planned strategies were the catalyst in securing $6.25 million in funding for the company's future growth and expansion in a volatile and highly competitive market.

"GotMarketing is uniquely positioned through its Campaigner(tm) product. It has a strong foothold within the email marketing space and the opportunity to leverage relationships with key distribution partners like Yahoo! and Microsoft. It also has the ability to expand its service base and dominate key verticals and territory. We like what Eric has done in the short time he has been CEO and we share his vision and enthusiasm for the future prospects of the company," said Vernon Lobo, Managing Director of Mosaic Venture Partners.

Acquiring financing in this very competitive landscape underlines the strong confidence in the company and the growing market. According to Forrester Research, eCommerce marketers are finding that email is the most effective way of boosting customer retention and increasing sales. In 2004, marketers will send more than 200 billion emails to take advantage of the medium's potency.

"Two years ago, we envisioned ourselves as having a recognizable brand and leading the self-serve permission-based email marketing space. Those goals have been met and our success within the marketplace now offers us new and exciting opportunities, which a few years ago would not have been possible," said Eric Melka.

With a solid position within the industry, prominent channel partnerships for the company's flagship product Campaigner, and support from its financial backers, the company is ready to focus on a vision that will allow them to further dominate the email marketing space and expand beyond it. "We are very excited about what lies ahead. This new round of funding in current market conditions is a true testament to the solid vision and products they are bringing to market," said Andrew Waitman, Managing Partner of Celtic House.

About GotMarketing
GotMarketing, ( a division of GotCompany, is the developer of Campaigner-permission-based email marketing tools that help businesses generate revenue and shorten sales cycles by acquiring and retaining loyal customers. Campaigner makes it easy to create and distribute permission-based email campaigns and measure their performance. Leading web business service providers and enterprise software vendors, including Yahoo!, Oracle Small Business, Microsoft bCentral and, offer Campaigner to power channel sales, strengthen service offerings and increase revenues. GotCompany is based in Silicon Valley, California with offices in Ottawa and Montreal, Canada.


For press or analyst inquiries contact:

Samantha McDougall
Public Relations
(514) 282-0595

© 2003 GotCompany, Inc. All rights reserved.

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