Open Letter to Affiliates and Advertisers
Dear Affiliates and Advertisers:
As most of you are aware, MySpace issued a press release in which they made allegations against Scott Richter (“Richter either phished MySpace accounts himself or acquired a list of phished accounts to launch spam campaigns”). To date, we have not been served with a Complaint nor have we seen a copy of the Complaint. As you can imagine, it is difficult to intelligently respond to a press release.
However, we want you to know that both Scott and the Company absolutely and unequivocally believe that the allegations are untrue and without merit. In fact, months ago we were contacted by MySpace and were asked to cooperate with them in identifying affiliates who were not following MySpace terms of use. We fully cooperated with MySpace and immediately terminated a few affiliates who had been identified by MySpace as violating their terms of use, as well as ours. We pledged our continuing cooperation to MySpace and never heard from them again.
We find it extremely coincidental that the press release was issued just as the media was reporting that MySpace was served with lawsuits alleging misconduct on their part which led to the physical harm of their members.
With that said, we ask for your continuing support while we wait to find out what the issues are in this case. As we believe we did not do anything improper, we will vigorously defend ourselves and let the justice system be the final fact finder, as it should.
From 2001 to 2006 we had our fair share of adversity and during that same time period we had five record breaking years in a row. And if the beginning of this year is any indicator for the rest of 2007, the success will continue for us and you, our valued affiliates and advertisers. However, one record we do not plan on breaking is honoring our contractual and financial commitments.
Please feel free to contact me if you have any questions or concerns regarding this or any other matter. Thank you.
Cordially,
Steven S. Richter
President and General Counsel
