News | April 9, 2012

Grocery Shopping Network's Board Appoints David Carlick As Board Chairman

Former Intermix Media Chairman Brings Extensive Experience to Digital Shopper Solution Company

Grocery Shopping Network (GSN) is pleased to announce the appointment of David Carlick as Board Chairman, effective immediately. Richard Andolshek, GSN's current Board Chairman, will remain on the board as Vice-Chairman and will continue to assist in guiding the company toward future successes.

"After serving as a board director on GSN's board for several years, I am very familiar with the company and its needs," said David Carlick, Chairman of the Board of GSN. "I look forward to assuming a leadership position within the company and driving our future growth initiatives alongside Richard."

Mr. Carlick has a long history in digital media, including co-founding DoubleClick, which was later acquired by Google, and serving as Executive Vice President at Poppe Tyson, where he was co-leader of the interactive group, poppe.com, which merged with Modem Media to go public as Modem Media Poppe Tyson (NASDAQ MMPT, since acquired by Digitas).

"Grocery Shopping Network is a great company and I have enjoyed playing a leading role in our growth initiatives and successes," said Richard Andolshek, Vice-Chairman of GSN. "As Vice-Chairman, I will continue to work closely with the company and continue to play a critical role in developing the business."

Mr. Carlick has also served as an independent director at Ask Jeeves (acquired by IAC in 2005), BigBook (acquired by Verizon in 1999) and I/Pro, the Nielsen-backed online measurement company that was acquired by CMGI. During his ten year tenure as a Managing Director at VantagePoint Venture Partners, he was instrumental in a number of investments, including Grocery Shopping Network and Intermix Media (parent of MySpace), where he was Chairman through the acquisition in 2005 by News Corp.

"David is a great fit for the company and can offer valuable insights into how we position the company and develop the business," said Scott Lutz, CEO of GSN. "Richard has been a great leader and has led the company to achieve great successes. We look forward to leveraging both David and Richard's extensive experience as we continue to grow and expand our brand."

Currently, Mr. Carlick is also a director with Effective Measure, Mediasmith, ReachLocal and TouchTunes. He holds a B.S. in business accounting from San Jose State University.

About The Grocery Shopping Network (GSN):
The Grocery Shopping Network, Inc. offers digital shopper planning and marketing tools for grocery retailers, Consumer Packaged Goods, and most importantly, shoppers. GSN's goal is to provide a more valuable digital planning tool for grocery shoppers that will make their shopping experience (whether online or in-store) significantly better. The result of this improved shopper engagement is increased loyalty and revenue to their grocer, and more effective marketing vehicles for the Consumer Packaged Goods firms that partner with them. GSN's expanding suite of shopper solutions includes integrated website, mobile, social and digital advertising software and programs designed to stand alone or enhance and extend existing efforts. For more information, visit www.groceryhopping.net.

SOURCE: Grocery Shopping Network, Inc.