Victory Ventures and ON24 sign strategic alliance Victory Ventures Inc VIP Shares issued 14,653,633 Jul 22 close $0.51 Thu 22 Jul 99 News Release Mr. Charles Desjardins reports Victory Ventures, a leading streaming media network for on-line investors, have entered into a strategic content relationship to make available financial news in streaming video and audio to investment.com users. ON24 is an Internet network for business users that exclusively uses streaming media. The company's initial focus is on the high-tech and financial industries. ON24's syndication partners include some of the Web's largest sites, including EarthWeb (developer.com), StockMaster, Mecklermedia's Internet.com, Business Wire, etc. "We are excited about our partnership with Investment.com," said ON24 president and chief executive officer, Sharat Sharan. "ON24 is actively pursuing partnerships with quality sites in order to effectively distribute our streaming financial content directly to the individual investor, and the quality of Investment.com's management team and vision make it an ideal partner." Victory Ventures has entered into a strategic alliance with StockHouse Media Corporation (Stockhouse.com) to develop the Web site, Investment.com. Both Victory and StockHouse Media Corporation are currently designing a complimentary site to Stockhouse.com, in order to create a premier Web destination for financial/investment content and for a multitude of transactions in various investment-related fields. Investment.com's goal is to create an investment community that provides users with useful up-to-date financial information as well as provide users with the ability to carry out investment transactions, resulting in benefits to both the user (competitively priced transactions) and investment.com. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com |