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Technology Stocks : Cysive - CYSV

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To: 2MAR$ who wrote (30)12/6/1999 12:04:00 AM
From: 2MAR$  Read Replies (2) of 37
 
Classified Ventures Hires Integrator To Unify Web Sites -- Cysive tapped to
build 'classified act'

Dec. 05, 1999 (Computer Reseller News - CMP via COMTEX) -- Reston, Va.
- Classified Ventures Inc. hired Cysive Inc. to build a common platform
for its online classified sites.

Cysive said it will work with Classified Ventures, a Web-based
classified service comprising eight media companies that own more than
130 newspapers, to let different vertical Web sites share information
and provide added ease of navigation between sites.

For example, the Reston-based E-business provider expects to
implement technology that would allow a potential buyer retrieving
information from Apartments.com to get data on moving companies from
its MovingCenter.com site.

"The enhancements will create convenience and simplify the use of the
sites for consumers and also will make life easier for Classified
Ventures by centralizing technology resources," said Nelson Carbonell,
president and chief executive of Cysive. "It will create efficiencies
that allow for a very flexible E-business strategy for online resources
critical in a time of warp-speed changes," he said.

Cysive and Chicago-based Classified Ventures already worked together
to design and build the cars.com site, which generates an average of
1.5 million page views per day.

The integrator will complete the unification of the classified Web
sites by the end of 2000, Carbonell said.

"The development of this new common platform will help us to deliver
enhanced performance as will the addition of new functionalities," said
Rich Stebbins, chief technology officer of Classified Ventures.

Cysive has built a strong reputation on Wall Street by positioning
itself as an expert at building Internet commerce architectures.


-0-

By: David Jastrow
Copyright 1999 CMP Media Inc.

*** end of story **
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