0 Comments
ATMmagazine.com has spun off into a new Internet company, NetWorld Alliance LLC. The magazine was launched in June of 1998 by WaterMark Group, a business forms management company based in Louisville, Ky. Because of unprecedented growth and industry interest, WaterMark management has decided to create a new company to focus exclusively on Web-based communities. Since going online, ATMmagazine.com's monthly hit count has grown from 7,000 to more than 900,000. In late 1999, Inc. Magazine tapped it as one of 20 top small-business sites. These successes, as well as positive feedback from industry professionals, inspired the creation of NetWorld. "ATMmagazine.com's success caused us to re-assess our business model. We realized a new company focusing on the site could better manage its expansion," said Tom Harper, president of NetWorld Alliance, former senior vice president of WaterMark Group and publisher of the magazine. "NetWorld Alliance's sole business is operating ATMmagazine.com and planning for future expansion." As the first step in its plans for aggressive growth, NetWorld has made several executive appointments. Alan Fryrear, WaterMark Group's president and chief executive officer, has been named chairman of NetWorld Alliance. Richard Good joined the company as CEO. Good's previous experience includes real estate, various IBM executive positions and banking. "I was impressed with ATMmagazine.com's revenue growth, and our plans for improving the site are equally exciting," Good said. "I'm looking forward to my leadership role with this unique venture." Bob Fincher is NetWorld's new executive vice president of sales and marketing. Fincher was employed by the Maytag Company for 18 years, ultimately owning and operating one of the country's leading distributorships. Fincher's ATM experience includes consulting with a leading manufacturer for its distribution, sales and marketing strategies for a new line of ATMs. Most recently, Fincher was a principal of a Web development firm in Tampa, Fla., specializing in online marketing strategies. "My experience in the ATM and Internet industries gives me an extra appreciation for how fast ATMmagazine.com has grown," Fincher said. NetWorld is also adding new editorial, sales, accounting and administrative staff. Hinting at future growth, Harper said, "We'll soon announce our plans for vast improvements of ATMmagazine.com. I think our readers will like what they see."
Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.
Products & Services

Az-CLEAR

http://global.networldalliance.com/new/images/products/4579.png

4579/Az-CLEAR

Sales of ATM Components, Spare Parts and Consumables

http://global.networldalliance.com/new/images/products/Inventorypic_100.gif

476/Sales-of-ATM-Components-Spare-Parts-and-Consumables

KingTeller -D4 Enhanced Lobby ATM with Passbook Printer

http://global.networldalliance.com/new/images/products/D4.gif

1147/KingTeller-D4-Enhanced-Lobby-ATM-with-Passbook-Printer

ATM Cassettes

http://global.networldalliance.com/new/images/products/791.png

791/ATM-Cassettes

QuickWay Printer

http://global.networldalliance.com/new/images/products/Itautec_QuickWay.gif

737/QuickWay-Printer

Durable and Attractive Composite Series Kiosks

http://global.networldalliance.com/new/images/products/4444.png

4444/Durable-and-Attractive-Composite-Series-Kiosks

Rugged Free - Standing Outdoor ATM - ProCash 2350xe

http://global.networldalliance.com/new/images/products/ProCash2350_sm.jpg

172/Rugged-Free-Standing-Outdoor-ATM-ProCash-2350xe

A98 ATM Key Management System – A98-A -Comvelope© …

http://global.networldalliance.com/new/images/products/A98_Transparent_100.gif

3764/A98-ATM-Key-Management-System-A98-A-Comvelope-Solution

uGenius Personal Teller System

http://global.networldalliance.com/new/images/products/Personal_Teller_System.jpg

1182/uGenius-Personal-Teller-System

VOLTDS® Network Control and Message Delivery System

http://global.networldalliance.com/new/images/products/4260.png

4260/VOLTDS-Network-Control-and-Message-Delivery-System

Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.