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PRESS ARCHIVE
NextStage Interest, RealTime Media, Appoints
William Reilly President and CEO
Reilly Joins NextStage’s Robert
Adams on RealTime’s Board of Directors
Collegeville, PA – September 9, 2004 –
RealTime Media Inc., which develops compliance-based marketing
programs, has named William Reilly president and chief executive
officer. Reilly replaces John Hopper, who is no longer with
the company. Hopper had served as president and CEO since
2001.
As CEO, Reilly has also joined RealTime's board. The board's
other directors are Jeff McElnea, former principal at Einson
Freeman; Marc Lederman, partner at NewSpring; Jim Flynn, president
and CEO of Maxwell Systems Inc.; and Robert Adams,
managing partner and co-founder of NextStage Advisors.
Reilly joins RealTime after working as an independent consultant
to private equity firms at Chesterbrook Growth Partners. Earlier,
he was chief operating officer at CheckPoint Systems Inc.,
a manufacturer and marketer of products and services for automatic
identification, retail security, pricing and brand promotion.
RealTime's compliance-based marketing is comprised of three
service offerings: promotions, e-mail and data management.
The company's promotions and features include online sweepstakes,
instant win games, trivia games and registration campaigns.
The company's RealTime E-mail Management System manages millions
of messages and provides support for an unlimited number of
embedded links. The database management offering provides
such services as audience profiling and analytics and data
synchronization.
RealTime, which is profitable, announced its last funding
round in 2001. The $2.2 million Series B was provided by New
Spring Ventures, Covenant Partners, Lancaster Investment Partners
and individuals. At that time, the company had raised a total
of $11 million. RealTime has headquarters in King of Prussia,
PA.
About NextStage Advisors
NextStage Advisors is a business advisory firm that helps
early- and growth-stage companies increase their probability
for funding. Services are offered as part of a three-stage
process: Business Model Assessment, Growth Roadmap Development
and Investment Preparation. The keys to NextStage’s
success are four-fold. First, the NextStage team has experience
as both VCs and entrepreneurs, placing more than $300M in
venture capital. Second, NextStage provides its clients with
real, objective counsel and tools to help them grow. Third,
NextStage’s team is backed by a proven methodology that
focuses on fundamental business improvements that have meaning
to potential investors. Fourth, NextStage is connected. They
have a valuable network of professionals that are ready to
invest in companies with good products, services and management
teams. For more information, please visit the NextStage web
site at www.nextstageadvisors.com.
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