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Technology Stocks : Activeworlds.com (AWLD) #1 internet chat site to go public

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To: global who wrote (216)4/8/1999 9:02:00 PM
From: global   of 228
 
Well folks I think I see why the quiet rise in WLDI over the last week...following is from wldi edgar filing:

The Company has been actively pursuing strategic alliances with a number of companies that can provide exposure and distribution of the Company's products and technology. The Company has recently entered into two confidential agreements with two major companies in the internet arena. The first is with Excite, the number 3 portal site on the internet, which calls for the Company to provide select e-commerce content to Excite. The second agreement is with Road Runner Broadband Service Company, owned by Time Warner, Media One and Microsoft. The agreement calls for the Company to develop and operate a custom 3D site on the Road Runner Service. The site will be targeted to music consumers and will provide for a download of the Company's software at a high bandwidth, which is the essential technology offered by Road Runner. As part of the agreement the Company can offer Road Runner users access to the Company's other 3D products as well as the Company's e-commerce site. The agreement is a showcase to the Company's technology and a strategic alliance for its distribution.
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