Local Matters has made a number of changes this press release is showing:
Local Matters, Inc. founder and Chief Executive Officer Perry Evans has been elected Chairman of the company’s board of directors. He will also assume the position of President of the Media Publishing Division. Evans is succeeded as Chief Executive Officer by Mat Stover, current board member and former CEO of several local media companies.
The company had to abandon an acquisition of Copenhagen-based MobilePeople last year and has been unable to go public, as was its intention. However the business has a number of revenue streams and legacy businesses to help weather the recession.
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