Looks like I had some people worried that I was posting confidential info from my spies at GNET.. <LOL>, so they removed the slides and email post I put down last night.
Guess I need to post the link so the powers that be. realize that the "leak" was official, and not the result of my "covert network of commercial operatives" filling out my EEFI requests:
freeedgar.com
SLIDES SHOWN TO INFOSPACE AND GO2NET EMPLOYEES AT MEETING TO DISCUSS THE MERGER
HELD ON JULY 27, 2000:
InfoSpace In Every Space
Transaction Highlights
. Creates the global infrastructure powerhouse delivering a private-label,
integrated platform of applications and services for narrowband, wireless and
broadband devices
. Immediately accretive on all financial metrics
. Accelerates the network effect between consumers and merchants
. Strong position in 4 massive markets: consumer, merchant, wireless and
broadband
. Significant business model synergies accelerate revenue growth and extend
technology leadership
. World-class, proven management team strengthens execution capability
. Exceptional financial position
Immediate Synergies
Wireless
--------
. Integration of payment processing platform with single click purchasing
. Strength in new areas such as interactive games which are key drivers for
broadband
. Broadband capabilities keep INSP ahead of curve for 3G wireless
Consumer
--------
. Cross-selling in key service offerings (search, directory, shopping,
community, finance, games, etc.)
. Increased distribution and reach
Merchant
--------
. Cross-sell into 1.6 million merchants today
. Combine INSP merchant platform, including electronic promotions functionality
with GNET transaction processing platform to enable the merchant through the
complete commerce transaction lifecycle
Broadband
---------
. Leverage INSP relationships with telecommunications providers to upsell
broadband platform applications and services
Accelerating the Network Effect
. Acquire merchants and customers
. Expand services
. Add partners
Expanding Our Opportunity
Users and Merchants
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Integrated Technology Platform
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Target Markets Consumer Merchant Wireless Broadband
Distribution Credit Card Companies RBOCs Wireless Carriers DSL Providers
Network RBOCs
CLECs
Web Portals Credit Card Companies Wireless Device Cable Companies
Manufacturers
Enterprises Local Media Satellite
Merchant Banks
The Vision
Fundamentally changing the way people worldwide will communicate, access
information, conduct commerce and otherwise manage their lives on multiple
platforms.
Who Uses InfoSpace?
. abc.com
. ALLTEL
. America Online
. AT&T
. Bank of America
. Bell Atlantic
. BellSouth
. CBS
. China Unicom
. Disney
. DowJones
. Go.com
. GTE
. Lycos
-2-
. Motorola
. msn
. NBCi
. Netscape Netcenter
. OfficeMax
. SBC
. Ticketmaster Online
InfoSpace Overview
Platform of choice for wireless devices and websites
. More than 20 wireless carriers with InfoSpace more than 88% market share in
United States
. 9 carriers have already launched including Verizon, AT&T, ALLTEL,
AirTouch, VoiceStream, GTE, USWest, Vodafone Australia and Austria One
. SBC being launched in Q4
. More than 3,100 Web sites with access to 92% of all Internet users
Platform of choice for merchant services
. All 5 regional Bell operating companies with more than 600,000 local
merchants using our services
. Leading merchant banks such as American Express and Bank of America provide
these services to their local merchants
Go2Net Overview
. Leading provider of applications and infrastructure technologies to broadband
and narrowband devices
. Broadband-ready applications - finance, games, search, payment processing
platform, etc.
. Significant merchant network
. Most widely used payment processing platform
. Robust and scalable technology platform
Why Go2Net!
. Creates the first, private label cross-platform solutions provider
. Creates the largest end-to-end merchant network
. Delivers the most widely used payment processing platform for exploding
commerce opportunities
-3-
. Gives leading position in broadband with key MSO and other broadband
partnerships (allegiancetelecom, inc., digeo, Charter Communications, RCN and
HSA)
. Provides the premier multi-player gaming platform with strategic
relationships (killer application for broadband and wireless)
. Additional applications expand market opportunities (search, finance,
merchant solutions, etc.)
. Significantly accretive to EPS and all financial metrics
Platform Ubiquity
Voice (VXML, VoxML or others), SMS (scheduled or triggered push to legacy
phones, 2-way), TV (interactive TVs), satellite (DirecTV, Gilat Satellite) HDML
(existing SmartPhones), PDA browsers (Palm OS and WinCE devices), Palm VII (the
wireless Palm), new devices (web appliances, etc.), cable modems, HTML (PC Web),
DSL, WAP, and 2.5G/3G (next generation SmartPhones)
Strong Financial Position and Outlook
. Immediately accretive to all financial metrics - [$x.xx to 2001 EPS]
. Projected revenues of more than [$350 million] in 2001 pre-synergies
. Transaction accelerates revenue growth opportunities
. Highly diversified recurring revenue streams
. Continued margin expansion
. Significant profitability
. War chest of $450 million in cash
Summary
. Build the global infrastructure powerhouse for the future
. Structure interdependent relationships with blue-chip partners such as
wireless carriers, DSL providers, merchants, cable providers, etc.
. Provide private label, end-to-end integrated solutions for infrastructure
services on existing networks and next generation broadband networks
. Identify and attack new markets
. Continue global expansion
. Continue to innovate and integrate new features into the platform
. Enhance long-term shareholder value with a highly profitable business model |
