Definitive Additional Materials
SCHEDULE
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14a-101)
INFORMATION
REQUIRED IN PROXY STATEMENT
SCHEDULE
14A INFORMATION
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1934
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Definitive Additional Materials
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Soliciting Material under Rule 14a-12
infoUSA
Inc.
(Name
of
Registrant as Specified In Its Charter)
Dolphin
Limited Partnership I, L.P.
Dolphin
Financial Partners, L.L.C.
(Name
of
Person(s) Filing Proxy Statement, if other than the Registrant)
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FOR
Immediate Release
Contact:
Arthur B. Crozier
Innisfree
M&A Incorporated
212-750-5833
DOLPHIN
SAYS THAT PROXY ADVISOR, PROXY GOVERNANCE, RECOMMENDS
STOCKHOLDERS
VOTE FOR ALL DOLPHIN NOMINEES AND BY-LAW AMENDMENT AT
infoUSA’S
UPCOMING ANNUAL MEETING
STAMFORD,
CONNECTICUT, May 24, 2006 - Dolphin Limited Partnership I, L.P. and Dolphin
Financial Partners L.L.C., which together own 2.0 million shares, or 3.6%,
of
infoUSA
Inc.
(NASDAQ:IUSA), today announced that PROXY Governance, Inc., an independent
proxy
voting advisory firm, has recommended that infoUSA
stockholders vote for all Dolphin nominees and its by-law amendment proposal
at
the Company’s Annual Meeting of Stockholders on May 26, 2006.
“With
effectively just one day left to vote, we would again like to underscore that
every vote counts in this important election,” said Donald T. Netter, Senior
Managing Director of Dolphin. “We thank PROXY Governance for their support of
our nominees and their platform. With universal support from the three leading
independent proxy advisory firms, we believe that it is clear that true change
is needed at infoUSA.
We
encourage each and every stockholder to make their voice heard and vote in
favor
of Dolphin’s nominees and by-law amendment proposal on the BLUE proxy card
today.”
The
PROXY
Governance report stated in part:
“We
believe that a modification to the composition of the board is warranted at
this
time. We feel the dissident slate has the qualifications to serve on the board,
and because of our lack of confidence in management’s nominees for the reasons
stated above, we support the dissident in this proxy contest.”
“We
also
believe that additional independent directors might provide an opportunity
for
the current independent directors to have a stronger voice on a board that
appears largely controlled by the CEO [Vinod Gupta].”
“We
believe that the dissident has clearly demonstrated that change is necessary
at
this time in order to appropriately (1) resolve any conflicts of interests
that
exist due to the extensive related-party transactions with [Vinod] Gupta and
his
affiliates; (2) address the high rate of board and management turnover; (3)
allow the board to consider all strategic alternatives available to [it] in
order to carry out its business plan shareholder value; and (4) address the
compensation paid to CEO [Vinod] Gupta.”
Dolphin
urges ALL
stockholders to vote the BLUE
proxy
card today in favor of Dolphin’s three independent and highly qualified nominees
- Malcolm M. ‘Mick’ Aslin, Karl L. Meyer, and Robert A. Trevisani and its by-law
amendment proposal.
infoUSA
stockholders should sign, date and return the BLUE
proxy
card FOR
Dolphin’s nominees and by-law amendment at the upcoming Annual Meeting of
Stockholder on May 26, 2006. If you have any questions, or would like assistance
in voting your shares, please contact the company that is helping us with this
most important election, Innisfree M&A Incorporated, at
1-888-750-5834.
Dolphin
encourages all stockholders to visit its Web site www.iusaccountability.com
to learn
more about Dolphin’s nominees and its plan to build stockholder value and to see
important original documents involving Mr. Vinod Gupta and the infoUSA
Board, which Dolphin obtained as part of an extensive books and records review
under Delaware law.