WPP Group PLC · 6-K · For 8/15/06 · EX-99.1

Filed On 8/15/06 5:06pm ET   ·   SEC File 0-16350   ·   Accession Number 908230-6-108

Report of a Foreign Private Issuer   ·   Form 6-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 6-K         Wpp Group Plc 081506                                   3      7K 
 2: EX-99.1     Wpp Group Plc 081506                                   1      4K 
 3: EX-99.2     Wpp Group Plc 081506                                   1      4K 

EX-99.1   ·   Wpp Group Plc 081506

Sponsored Ads...

                                                                       Exhibit 1
                                                                       ---------

For Immediate Release                                             14 August 2006

 WPP GROUP PLC ("WPP")

WPP acquires 25% stake in internet marketing firm,
Visible Technologies in the US

WPP  announces  that it has agreed to acquire 25% of the issued share capital of
Visible Technologies LLC, an internet marketing firm, and entered into an option
to acquire a further 26%.                                                       

Visible Technologies specialises in providing clients with cutting edge products
and services that help brands manage their  reputation on the internet,  as well
as  track,   analyse  and  participate  across  all   consumer-generated   media
communities, such as blogs and social network sites.                            

Founded  in 2003 and based in  Seattle,  with  offices  in New York,  Boston and
Washington DC, Visible  Technologies  employs 28 people.  Visible  Technologies'
revenues for the year ended 31 December 2005 were US$504,000,  with gross assets
of US$3.5 million on the date of acquisition.                                   

This  acquisition  continues  WPP's  strategy of developing its networks in fast
growing  markets and  sectors and  strengthening  it's  capabilities  in digital
media.                                                                          

Contact:                                                                        
Feona McEwan, WPP       +44 (0)20 7408 2204                                     
www.wpp.com