mad2,
ELBO news after market close. I like it!
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UGO Networks Announces Strategic Marketing Relationship with EB World
NEW YORK, Jul 12, 2000 (BUSINESS WIRE) --
Leading Online Community for 18-34 Year Old Men Partners With World's Largest Electronic Game Retailer
UGO Networks, UnderGroundOnline, the leading entertainment community for 18-34 year old males on the Web, today announces a strategic marketing relationship with EB World (NASDAQ: ELBO chart, msgs), the online subsidiary of Electronics Boutique Holdings Corp., among the world's largest specialty retailers of electronic games. EB World will become the premier seller of entertainment game software for UGOdirect, a mall that offers a wide range of products that are relevant to the UGO audience.
"The partnership with UGO Networks allows EB World to access a critical, growing segment of the online audience, 18-34 year old males, who are avid consumers of entertainment products," said Seth Levy, President of EB World. "Our incredible deals on electronic games are perfect to showcase in this new online marketplace."
EB World will be the premier seller of entertainment game software for UGOdirect, a mall that features products from the best e-tailers on the market. As part of its deal with UGO Networks, EB World.com has acquired the Gamedealer.com brand and will take over day-to-day commerce operations.
"Partnering with EB World allows UGO Networks to expand its product offerings to include the best in entertainment game software," said J Moses, President and CEO of UGO Networks. "EB World, in turn, can access UGO's highly targeted and product driven audience, 18- 34 year old men, who have an interest in cutting edge technology and entertainment. We look forward to a highly strategic and synergistic partnership with EB World."
About Electronics Boutique
Electronics Boutique is among the world's largest specialty retailers of video and computer games and also sells video game hardware, PC productivity software and accessories. The company currently operates 639 stores in 46 states, Puerto Rico, Canada, Australia, New Zealand and South Korea, primarily under the names Electronics Boutique and Stop 'N Save Software. The Company has also established a separate e-commerce division, EBWorld.com, Inc. The Company's website can be found at ebworld.com.
About UGO Networks
UGO Networks, UnderGroundOnline, is the entertainment mecca for 18-34 year old males on the Web. Growing at a rate of over 25% a month, UnderGroundOnline is one of the fastest growing networks on the Internet. It is comprised of more than 250 owned and affiliated sites including UGO.com and UGOdirect. UGO caters to music, games, film/TV, technology and animation enthusiasts who seek out the most progressive and cutting-edge Web experience. UnderGroundOnline hosts over 5.6 million unique visitors according to PC Data, 3.8 million according to Media Metrix and serves over 350 million page views each month. UGO users are technologically savvy and passionate, spending an average of 1.5 hours per visit. The company is headquartered in New York, NY and can be reached at www.ugo.com.
Contact:
UGO Networks, Inc., New York
Sabine Heller, 212/624-3440
Sabine@ugo.com |
