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Oversee.net Wins "Internet and New Media Company of the Year" Award
Los Angeles, CA (March 8, 2007) – Oversee.net (Oversee), a technology-driven media company, was named “Internet and New Media Company of the Year” by the Technology Council of Southern California. The award is given to companies that have made extraordinary contributions to the growth of Southern California as a center of technological innovation, and was presented to Oversee CEO Lawrence Ng at a ceremony in Downtown Los Angeles. Finalists in Oversee’s category included LoanToolBox and LowerMyBills.
“Los Angeles is a great place to do business, and it is quickly becoming a major industry epicenter for technology development and talent,” said Lawrence Ng. “Only in such a business environment could Oversee develop the tools to provide our clients with increased quality content and traffic to their pages, creating the most advanced, technology-driven solutions for the most rapidly growing sectors in our industry – direct navigation and lead generation.”
Oversee was founded in 2000 by Lawrence Ng and Fred Hsu. The founders were among the first to recognize the importance of the direct navigation business. The Company also operates a marketing services business, acquiring consumer traffic through display advertising and search marketing and converting the traffic into qualified leads. Oversee.net offers marketing services in multiple verticals including mortgages, ringtones, and travel.
“The people who deserve the credit for this award are Oversee employees, who represent the best technology talent in our industry,” added Ng. “We continue to invest in our people and provide them with the tools necessary to create cutting edge solutions for our customers.”
Recently ranked as the third fastest growing private business in Los Angeles by the Los Angeles Business Journal, Oversee has been profitable since inception in 2000 and continues to expand and diversify the company’s resources and service offerings. Oversee recently announced a $60 million credit facility with Bank of America to fund ongoing acquisitions, and is currently in the process of moving their 160 employees to a new headquarters at the City National Building in Downtown Los Angeles.
About Oversee.net
Oversee.net is a technology-driven media company. Headquartered in Los Angeles, the Company has over 160 employees. The Company has been growing profitably since inception. To learn more, visit http://www.oversee.net.
About the Technology Council of Southern California
The Technology Council of Southern California is the premier forum for the region's technology leaders, providing events, connections, information and resources to help technology companies succeed. For more information visit http://www.tcosc.org.
