G5 Search Marketing Named Entrepreneur of the Year by EDCO
BEND, Ore. – October 31, 2008 – G5 Search Marketing Inc., a leader in local advertising and measurement solutions, announced today that Economic Development for Central Oregon (EDCO) has named G5 founders Dan Hobin and Greg Meier as the Entrepreneur(s) of the Year for 2008.
The company was given the award in recognition of its rapid growth, which it expects to continue. G5 has experienced over 100% revenue growth every year for the past 3 years. This growth is based on the Local Marketing Platform the company has developed which gives business owners visibility into what advertising efforts produce their most profitable customers. G5 recently signed a deal with Google to combine some of Google’s advertising technology into its platform.
“We are very excited to receive this honor,” said G5 CEO Dan Hobin. “We are very lucky to live in Central Oregon and, thanks to broadband technologies, still be able to develop a nationwide business presence.”
G5’s growth strategy is focused to capitalize on the shift in local advertising to Internet-based advertising. Local advertising is a $100 billion market. Previous to the web, access to local markets was through the Yellow Pages, newspapers, radio and TV. Internet marketing is currently responsible for $3.2 billion with its share expected to grow to $25 billion in eight years.
“G5 is a perfect example of Central Oregon growing tech businesses that compete nationally,” said EDCO Executive Director Roger Lee. “We’re excited to see G5’s employment growth and product innovation. This award recognizes the company’s entrepreneurial spirit.”
About G5 Search Marketing
G5 Search Marketing is reinventing Local Marketing by giving business owners visibility into what advertising efforts produce their most profitable customers. U.S. businesses spend over $100 billion annually targeting local and regional customers. As consumers shift from more traditional types of media consumption to the online world, there are significant opportunities to measure and improve the efficiency of local marketing and advertising. The G5 Marketing Platform was developed to help manage the shift from off-line to online advertising, measure what works, and optimize to the sources that provide the best return on marketing. For more information, please visit www.g5searchmarketing.com.
About Economic Development for Central Oregon
Economic Development for Central Oregon (EDCO) is a private non-profit corporation founded 28 years ago and dedicated to building a vibrant and thriving regional economy by attracting new investment and traded-sector jobs (manufacturing, professional, headquarters and high technology businesses) through marketing, recruitment and substantive assistance to existing companies. Learn more about EDCO at www.edcoinfo.com.
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CONTACTS:
Devin Davis
G5 Search Marketing
(541) 306-3389
devin.davis@G5searchmarketing.com
www.G5searchmarketing.com