PiNGPoNG.com Picks Finalists In $30 Mil. Pitch

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A new Internet company with backing from John Tu, owner and founder of computer hardware firm Kingston Technologies, is in the advanced stages of an estimated $30 million agency review.
David Kwan, principal and director of strategic planning at Fountain Valley, Calif.-based PiNGPoNG.com, confirmed the review, but would not disclose the value of the account.
“The kind of ad budget we’re looking at is significant, but I can’t confirm an actual number,” he said.
PiNGPoNG.com will revolutionize how information is exchanged over the Internet, hence the lower case “i” and “o” in the company name, which denotes input and output, Kwan said, declining to give details.


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