Press Releases

Calvin Lui Named to Silicon Valley/San Jose
Business Journal's “40 under 40” List

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President and CEO of Tumri Nominated to List of Silicon Valley's Most Accomplished Executives Under 40

Mountain View, CA - May 20, 2008

Tumri, the leading provider of dynamic display advertising solutions, today announced the selection of Calvin Lui to the Silicon Valley/San Jose Business Journal's '40 Under 40 list.' This year's list of honorees comes from a broad spectrum of professions in the Silicon Valley business community and represents the talent and commitment that helps make the regional economy one of the most impressive in the nation.

Calvin Lui was selected for his contributions to the region's business, and most recently, the creativity, leadership and passion that he has infused into Tumri. As president and CEO, Calvin is responsible for the overall strategy and day-to-day operations of the company and leverages over 12 years of experience in general management, team-building and organizational leadership in both online and offline companies.

"Considering Silicon Valley's reputation as a hotbed of talent and innovation, I am honored to be recognized by the Silicon Valley/San Jose Business Journal alongside some of the area's most accomplished executives under 40," said Calvin Lui, CEO of Tumri. "My goal is to lead Tumri to becoming another great company in the Silicon Valley, contributing to the strong local economy and folklore."

One of Calvin's first ventures was serving as co-founder, president and CEO at the San Francisco-based TheMan.com, the premier destination site for young, urban professional men who were time constrained, not money constrained. From 1999 to 2000, Calvin oversaw all aspects of operations including strategy, sales, marketing, product development, business development, and corporate development. Through his achievements, TheMan.com was featured on the cover of Time, as well as profiled in Fortune, Forbes, Wall Street Journal, USA Today, New York Times, Brandweek, CBS, ABC, and NBC.

Prior to returning to Silicon Valley to take the helm at Tumri, Calvin held key executive roles at Mountain View/Los Angeles-based Connexus and at West Hollywood-based Ticketmaster. Most recently, Calvin served as the COO of Connexus, a leading Internet performance marketing company, where he oversaw all corporate strategic sales, business development and marketing initiatives. Calvin also served as the president of Connexus' Traffic Marketplace division, spearheading all aspects of daily operations for one of the industry's leading advertising networks that delivered over 30 billion monthly impressions and 20 million leads to advertisers annually. At Ticketmaster, Calvin served as SVP of sales and marketing, where he directed corporate-wide sales efforts and marketing strategies. There, Calvin managed marketing relationships with key national accounts that represented over 75 million tickets sold annually for over $2.5 billion in face value, including Clear Channel Entertainment (now Live Nation), House of Blues, Anschutz Entertainment Group, FELD Entertainment, Cirque du Soleil, NBA, NHL, and MLBAM.

Calvin has also held positions at Lycos, St. Paul Venture Capital and Credit Suisse First Boston. Calvin holds an M.B.A. from Stanford University and a B.S. in electrical engineering, Magna Cum Laude, and a B.A. in economics-business, Magna Cum Laude, from the University of California, Los Angeles.

About Tumri

Tumri is the leading provider of dynamic display advertising solutions. Based in Mountain View, CA, Tumri provides a scalable solution for dynamically creating and delivering unique, interactive, and targeted online display ads. Tumri's patent-pending technology optimizes a wide array of advertiser messaging, brand creatives, and offers, yielding unmatched consumer relevancy in marketing executions. With its diverse targeting and hypothesis testing capabilities, Tumri gives advertisers the ability to personalize online ads with user level offers, one customer at a time. Tumri was named a "One to Watch" company for Dealmaker Media's 2007 Momentum Growth Conference and was also featured in The Next Small Thing in BusinessWeek. Tumri is funded by the premier venture capital firms Accel Partners, Lehman Brothers Venture Partners, and Shasta Ventures. To learn more about Tumri visit www.tumri.com.