Intrepid Investments LLC Announced That One of Its Portfolio Companies, Q Interactive LLC, Has Completed the Acquisition of Postmaster Direct
ST. THOMAS, U.S. Virgin Islands--(Business Wire)-- Intrepid Investments LLC, a merchant bank focused on investing in technology and companies that use the Internet as an integral part of their revenue generation strategy, today announced a new addition to its suite of products. Postmaster Direct, a pioneer of double opt-in permission based email marketing, was purchased by Q Interactive, which is owned by Intrepid Investments LLC. "We are pleased to see our portfolio companies identifying strategically significant opportunities to grow through acquisition," stated Niuniu Ji, chairman of Intrepid Investments LLC, the parent company of Q Interactive, LLC. "We have made a commitment to all of our portfolio companies to provide them with capital for expansion through new product development as well as acquisitions when it makes sense. Q Interactive`s acquisition of Postmaster Direct positions itself as the leading permission based email company in the industry." "Postmaster Direct is the preeminent brand in double opt-in permission based email marketing and we are thrilled to add them to our suite of product offerings," said Matt Wise, president of Q Interactive. "Postmaster Direct's patented double opt-in email capabilities will strengthen Q Interactive's rapidly growing email network and further reinforce our company's three operating tenets - Relevancy, Permission and Privacy." Brands, advertisers, publishers, and emailers will benefit from the addition of Postmaster Direct`s double opt-in email marketing and voluntary, self-cleaning lists that will monetize quicker and more efficiently. About Intrepid Investments Intrepid Investments, LLC, is a leading global merchant bank focused on providing capital and business management for companies that have the Internet as a key component of their business strategy. Intrepid adds value to its portfolio of companies by providing the capital required for growth and by actively participating in the development of business plans and strategy. In addition to providing capital and planning, Intrepid encourages mutually beneficial arm`s-length relationships among its companies where appropriate. These synergistic relationships can enable new products and initiatives to be introduced into the market rapidly and cost effectively. http://www.intrepidinvestmentsllc.com Intrepid Investments, LLC Linda Parlon, 954-653-9015 Copyright Business Wire 2009
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