Gannett Co., Inc. (NYSE:GCI), a leading international news and
information company, today announced an investment in Cozi (www.cozi.com),
a free Web service that helps busy families manage schedules, share
information and stay in communication. As part of the equity investment,
Gannett will receive a minority stake in Cozi and a seat on the company’s
Board of Directors. Gannett will market the Cozi brand and product
throughout its media channels which include USA TODAY, its network of 85
daily and regional newspapers, hundreds of local websites and 23
television stations across the country.
Cozi launched in the fall of 2006 and now has more than 600,000 family
members. The innovative web service provides modern solutions to help
families organize and simplify their busy lives with a central family
calendar, customized shopping and to-do lists, an easy-to-use family
blog and simple messaging tools to stay in communication –
all in one place. Families can access Cozi from home, work or on-the-go
with any computer or mobile phone so they are always connected to the
information they need.
"Cozi has created a rich and relevant experience that helps families
navigate their busy lives," said Michael Maness, vice president of
design and innovation, Gannett. "Our partnership powers a new platform
to deliver our local content through a technology specifically designed
for the family."
As part of the partnership, the companies will collaborate on product
innovations that tap into Gannett’s deep local
content, information and calendar data. New Cozi features, to be
announced later this year, will help families more easily manage
calendars and plan activities in the communities where they work, go to
school and actually live their busy lives.
Gannett’s investment in Cozi’s
business spotlights an emerging and influential consumer sector;
family-oriented technology users. Gannett’s
media network offers a vital communication channel with deep local ties
to promote easier ways for family members to stay connected to each
other and their community.
“This relationship aligns us with a partner
that has incredible reach into local markets and rich local content that
will help us deliver on the promise of simplifying family life,”
said Robbie Cape, co-founder and chief executive officer, Cozi. “With
Gannett, we bring a partner that has deep experience in the media
industry and will invest the energy, man-power and resources to help
make the vision a reality.”
The strategic investment will help Cozi continue new product development
and fuel its efforts to reach active families in order to be invited
into the center of busy family life. Gannett reaches on average 75
percent of all adults in its local markets through its network of
newspapers and websites each week as well as nearly 20 million
households through the company’s broadcast
About Cozi Group, Inc.
Cozi is a free web service that helps busy families manage schedules,
track shopping and to-do lists, organize household chores, share
information and stay in communication — all
in one solution. Families can access Cozi from any computer at home or
at work, and can get shopping lists, schedules and messages on any
mobile phone. With Cozi, families are always connected to the
information they need to make life easier. Located in Seattle, WA, Cozi
was founded by veterans of Microsoft, Expedia and Amazon with a vision
for creating technology tuned to the family and launched its service in
fall 2006. Cozi now has more than 600,000 family members. Cozi is a free
service available at www.cozi.com.
About Gannett, Co., Inc.
Gannett Co., Inc. is a leading international news and information
company that publishes 85 daily newspapers in the USA, including USA
TODAY, the nation's largest-selling daily newspaper. The company also
owns nearly 1,000 non-daily publications in the USA and USA WEEKEND, a
weekly newspaper magazine. Gannett subsidiary Newsquest is the United
Kingdom’s second largest regional newspaper
company. Newsquest publishes nearly 300 titles, including 18 daily
newspapers, and a network of prize-winning Web sites. Gannett also
operates 23 television stations in the United States and is an Internet
leader with sites sponsored by its TV stations and newspapers including
USATODAY.com, one of the most popular news sites on the Web.