Can anyone give me their take on this news. Thanks.
News July 8th 10:14 ET
SBN.COM Announces Pact With Internet Service Provider IDT
quotes.freerealtime.com
NEWPORT BEACH, Calif., Jul 8, 1999 (BUSINESS WIRE via COMTEX) -- SBN.COMThursday announced it has negotiated a licensing agreement with popular Internet service provider and international telecommunications company, IDT Corp. (Nasdaq: IDTC).
Lee Bridges, SBN vice president of strategic alliances, reported that terms of the pact between the two companies calls for installation at the IDT Web site (idt.net) a customized version of SBN's huge Online Yellow Pages with the two companies sharing in the advertising revenues generated by the directory at the IDT location.
With headquarters in Hackensack, N.J., IDT is a leading provider of international and domestic long-distance telephone, Internet access and global internet telephony services to customers throughout the United States and worldwide.
"The Online Yellow Pages is a natural addition to the services IDT already offers in the telecommunications field", Bridges stated. "We believe it will also provide an important enhancement to furthering the company's penetration of that burgeoning market."
SBN.COM's Online Yellow Pages has fast become the world's largest classified directory, with more than 1.5 million pages including or linked to an estimated 50 million business listings. It is found on the Web sites of several hundred Internet service providers and at more than 800 affiliate e-commerce sites nationwide.
Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: SBN.COM, Newport Beach
Ron Cook, 949/515-1010 ext. 467
www.sbn.com
www.idt.net
WEB PAGE: businesswire.com
GEOGRAPHY: CALIFORNIA
INDUSTRY CODE: COMPUTERS/ELECTRONICS
COMED
PUBLISHING
INTERACTIVE/MULTIMEDIA/INTERNET
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Regards,
Bill Fortune III
|
