Foster City, California, October 2, 2006--Kenneth Hahn, former Senior Vice President and CFO of Borland Software Corporation, joins Internet direct marketing leader QuinStreet as CFO. Hahn brings extensive financial experience and expertise to QuinStreet where he will help lead the company's continued development and growth. During his four years at Borland, annual revenues grew from $240 million to $300 million. At Extensity, Hahn played a key role in leading the company's public offering. When asked the reason behind his recent career move to QuinStreet, Hahn said,
"I see tremendous opportunity at QuinStreet. The company is the market leader in one of the fastest growing sectors of high technology and has already demonstrated success with strong top line growth, scale, and bottom line profitability. The QuinStreet leadership team is clearly focused on building a large, sustainable company that will continue unsurpassed in delivering measured Internet marketing results."
And what is it about QuinStreet that is particularly notable? Hahn continues,
"In my nearly 20 years of experience, two aspects of QuinStreet strike me as truly exceptional: the talent and caliber of personnel throughout the entire company and an obsession with delivering clients real value."
Doug Valenti, QuinStreet President and CEO, sees the addition of CFO Hahn as a natural progression for the company.
"Our size and stage of development now require a CFO of Ken's caliber, and we could not be more excited about him joining us. He is a perfect three-for-three against our criteria of financial expertise, public company experience, and strong core values."
Prior to his public company CFO experience at Borland and Extensity, Hahn was a strategy consultant with the Boston Consulting Group and an audit manager with PricewaterhouseCoopers. He graduated from the Stanford Graduate School of Business and California State University at Fullerton, both with highest honors.
QuinStreet, Inc. is one of the largest and fastest growing Internet marketing and media companies in the world. The company consistently ranks in the top ten list of Internet advertisers according to Nielsen//NetRatings. A leader in Internet direct marketing since 1999, QuinStreet serves over 500 clients and 600 brands. QuinStreet is headquartered in Foster City, Calif., with offices in Chicago, Ill., Reno, Nev., India, and the United Kingdom.