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Monday, 06/22/2009 11:00:47 AM

Monday, June 22, 2009 11:00:47 AM

Post# of 216547
Everyone,

We're very excited to make the following announcement. This has been something Bob has worked toward for many months and we're thrilled for him that it has finally come to fruition.

This morning our parent company, ADVFN PLC based in the UK announced the completion of the sale in our sister websites SiliconInvestor.com and Talkzilla.com to Bob Zumbrunnen, iHub's departing President and CEO. The release can be found at http://www.advfn.com/advfn_ir/ir_announcement.html?article_id=38326270.

Of course, this event comes with mixed emotions for the iHub staff. Bob has been an integral part of iHub since its most early days, and his fingerprints (and some boot prints) will be here forever. We have also come to recognize that his role more recently didn't let him enjoy the things he likes to do the most, and he'll now be afforded the opportunity to "roll" the way he likes. We all wish Bob the very best of success in both giving SI the time and attention that it needs and also in making TZ into a success as a non-investment oriented site. We will continue to work with Bob as ADVFN has retained a minority ownership stake in the new enterprise.
Please join us in wishing Bob all the best!

Meanwhile, once the technical transition is completed our development staff will have more resources to focus exclusively on iHub. We have a long list of both user-suggested and in-house plans on the development slate and expect to be able to increase the rate of implementation as a result of our more narrowed focus. We'll share more on that down the road, as we always do.

Sincerely,

The iHub staff

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