27 Apr 2009 10:31
Phorm, Inc. ("Phorm" or the "Company") Apology from "New Media Age" Magazine
On Thursday 23rd April New Media Age published a factually incorrect article titled "Virgin Media steps away from Phorm as top sites opt out".
At 17.30 on Friday 24th April New Media Age published an apology, which reads:In nma (23 April), we published an article headlined "Virgin Media steps away from Phorm as top sites opt out".
The article incorrectly stated that Virgin Media was seeking alternatives and to distance itself from Phorm and wouldn't be proceeding with the contract it had entered into with the company.We now accept that this is wrong and that Phorm's relationship with Virgin Media is unchanged. We have been asked to make clear that BT's contract with the company remains in place and its relationship with Phorm is unchanged. We are happy to set the record straight.http://www.nma.co.uk/phorm-uk-inc/3000326.article
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For Phorm Enquiries:
| Phorm, Inc. | |
| Sarah Simon | +44 20 7297 2433 |
| Maria Greenwood | +44 20 7297 2537 |
| Citigate Dewe Rogerson | +44 20 7638 9571 |
| Simon Rigby | |
| Louise Elliott | |
| Canaccord Adams Limited | +44 20 7050 6500 |
| (Nominated Adviser) | |
| Mark Williams | |
| Andrew Chubb |
About Phorm:
Phorm is an innovative advertising technology company specialising in interest-based advertising which preserves users' personal privacy and security. Phorm's partners include leading Internet Service Providers (ISPs), Publishers, Ad Networks and Advertisers.
Phorm is a Delaware, US incorporated company, with offices in New York and London.
The Company was admitted to the AIM market of the London Stock Exchange in 2004 and has over 100 employees.
For more information, please visit: www.phorm.com