QuinStreet Inc (QNST)

[Penny Roger$]

QuinStreet, Inc. (QuinStreet) is engaged in vertical marketing and media on the Internet. The Company operates in two segments: Direct Marketing Services (DMS) and Direct Selling Services (DSS). The DMS segment derives substantially all of its revenue from fees earned through the delivery of qualified leads or paid clicks. The DSS segment derives substantially all of its revenue from sale of direct selling services through a hosted solution. DSS revenue comprises set-up and professional services fees and usage fees. On September 14, 2009, the Company acquired 100% of HSH Associates Financial Publishers (HSH), an online marketing business. Also, in July 2010, it acquired the Website business Insurance.com from Insurance.com Group, Inc., or Insurance.com, an Ohio-based online insurance business. In November 2010, it acquired CarInsurance.com. In September 2011, the Company acquired IT Business Edge. In November 2011, the Company announced the acquisition of ConsumerismCommentary.com.