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Technology Stocks : VerticalNet, Inc. [VERT]

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To: bob zagorin who wrote (1012)12/1/2000 12:33:35 AM
From: puborectalis  Read Replies (1) of 1094
 
VerticalNet Opens Web Site for Semiconductor Industry Business

November 30, 2000 (TOKYO) -- VerticalNet Japan Corp. started to operate a Web site on
Nov. 27 called "Semiconductor Online" as a community Web site for the semiconductor
industry.

VerticalNet Japan operates community Web sites for specific industries, such as for the
pharmaceutical industry or for the automobile industry.

On the site (only in Japanese), users can search and access industry news and
information on products and companies. Also, semiconductor designers or purchasers
can send inquiries to equipment makers, meaning buyers and sellers can make contact
on the Web site, just the same as the other community Web sites operated by the
company.

VerticalNet Japan has powered up its search function with a database that classifies
product and company information into 1,400 categories. Adding to it, users can e-mail
their searched pages from the Web site. Buyers can use the Web site for free, and
sellers pay charges when using the storefront on the site to exhibit detailed product
information.

Some 1,460 manufacturers are registered as sellers on Semiconductor Online. They are
semiconductor equipment makers, IC/LSI testing equipment makers, EDA tool venders,
LCD makers, printed circuit board designers and makers, and EMS providers. They also
include the business for designing and producing printed circuit board set equipment
makers. The company plans to open Semiconductor-Online devoted to the
semiconductor industry with a view to expand it to a Web site for the electronics
industry. It plans to open related Web sites covering detailed categories.

The company's aim is to reach 1,000 accesses per day on average in six months. It is
planning to open three more Web sites, including a Web site for mobile
communications, to make a total of seven Web sites within the year. It will open three
more Web sites by the end of March 2001 to get sales of 250 million yen for fiscal 2000.
(110.19 yen = US$1)

(Nikkei Electronics)
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