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MIVA'S WOLFHART FRÖHLICH PROMOTED TO COUNTRY MANAGER, GERMANY AND SPAINHamburg/Munich - 4th April 2007 - MIVA Media, a leading digital advertising network and division of MIVA, Inc. (NASDAQ: MIVA), has promoted Wolfhart Fröhlich, Country Manager, MIVA Germany, to the new role of Country Manager, MIVA Germany and MIVA Spain. Wolfhart Fröhlich has been leading MIVA Germany since September 2004 and will now assume overall responsibility for the strategic development of MIVA's business in Spain. MIVA Spain, with its headquarters in Madrid, works with publishing partners including publishing houses like Grupo Zeta, Grupo Recoletos and Publicaciones Hachette Filipacchi as well as T-Online and the website of the national TV channel Telecinco. Wolfhart, 37, has been with MIVA Germany (formerly Espotting) since the company's launch in September 2001. He joined MIVA as Director of Sales and was promoted in April 2004 to Commercial Director, responsible for sales and partner strategy. In 2004 he became Country Manage for Germany. In his new role, Wolfhart will be sharing his time between MIVA's German and Spanish offices. He will report to Brian Mukherjee, MIVA's SVP, North America and Europe. "In Spain MIVA is one of the major players in the Pay-Per-Click-market and my role as Country Manager will be to further strengthen this position through both advertiser and partner acquisitions", explains Wolfhart Fröhlich. Brian Mukherjee, MIVA Media's Senior Vice President added, "Wolfhart has been instrumental in building our German business over the last six years. He has an unrivalled depth of industry knowledge and a wealth of contacts from across the media community. We're confident that his expertise and proven track record will help drive continued growth in our Spanish operation." added About MIVA Media ® MIVA Media is a leading digital Pay-Per-Click Advertising Network which connects millions of buyers with sellers. MIVA Media delivers highly targeted, cost-effective leads to advertisers and helps maximise revenue for the thousands of web publishers that display its Ads. MIVA Media operates two PPC Networks: the vertically focused Precision Network and the broader Core Network. MIVA Media is owned by MIVA, Inc. (NASDAQ:MIVA) which operates across North America and Europe. Forward-looking Statements This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "will", "plan," "intend," "believe" or "expect'" or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including (1) our ability to successfully execute upon our corporate strategies, (2) our ability to develop and successfully market new products and services, (3) the ability of our product and service offerings and those of our distribution partners to maximize time and spend for advertisers, (4) the potential acceptance of new products in the market, (5) our ability to attract new distribution partners, and (6) our ability to compete of a global basis. Additional key risks are described MIVA's reports filed with the U.S. Securities and Exchange Commission, including the Form 10-K for fiscal 2005, and the most recently filed quarterly report on Form 10-Q. MIVA undertakes no obligation to update the information contained herein. ®Registered trademark of MIVA, Inc.
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