Earnings released after close today I believe. Also, check out pact with MSFT:
SUNNYVALE, Calif., July 15 /PRNewswire/ -- Infoseek Corporation
(NASDAQ:SEEK) and The Microsoft Network, L.L.C. (MSN) have announced key
partnerships to further leverage two of the strongest brands on the Internet.
As part of its European offerings, MSN will position Infoseek as a recommended
search provider on its Germany, France and United Kingdom (U.K.) sites.
Furthermore, Infoseek has designated MSN as its exclusive advertising sales
agent in France and the U.K., bringing top-notch, local expertise to
Infoseek's European ad sales efforts.
"Infoseek and Microsoft already share a solid working relationship in the
United States, and these agreements represent our unified commitment to the
rapidly growing European market," said Harry M. Motro, Infoseek president and
CEO.
"Infoseek's objective is to expand our brand overseas by building strong
relationships with quality brands such as MSN, which share our partnering
philosophy."
Premier Position Agreement
Under terms of the premier position agreement, MSN will list Infoseek as
the default search and navigation service on the Free Search Referral Page of
MSN's Germany, France and U.K. sites for three months. For an additional
three months, Infoseek will occupy the second position. Additionally,
Infoseek will develop localized ActiveX(TM) Controls for its Germany, France
and U.K. sites, using Microsoft ActiveX technologies.
Sales Agent Agreement
To maximize the sales and marketing of banner advertising for Infoseek in
France and the U.K., Infoseek has designated MSN as its exclusive advertising
sales agent in these countries. In the arrangement, MSN employees are
responsible for the solicitation and sale of interactive banner advertising on
Infoseek France and Infoseek U.K.
"We were looking for local representatives with proven track records in
France and the U.K.," said Robert Formentin, Infoseek International Sales
manager. "The MSN sales staff has demonstrated that they can fill this role,
and Infoseek looks forward to increased brand awareness through our
affiliation with a company that continues to grow and succeed in Europe."
This agreement with Microsoft is another initiative in Infoseek's efforts
to extend its services and brand worldwide. Infoseek now has localized
versions of its service in Japan, the United Kingdom, Germany, France, Spain,
Sweden, Denmark, the Netherlands, Brazil and Italy. All these sites are
accessible from Infoseek's service at www.infoseek.com.
About Infoseek
Based in Sunnyvale, Calif., Infoseek Corporation provides a leading, free
Internet navigation service. Infoseek is one of the most frequently visited
sites on the Internet because its easy-to-use product allows new, as well as
experienced users to efficiently find the information they need on the World
Wide Web, Usenet groups, company directories and from major news sources.
Infoseek also offers the world's largest directory of World Wide Web sites
organized by topic. Infoseek's navigation service has won numerous industry
awards for its precise, relevant responses. The company's World Wide Web site
and Internet navigation services can be accessed at infoseek.com.
NOTE: Infoseek and the Infoseek logo are trademarks of Infoseek
Corporation, which may be registered in certain jurisdictions. Other
trademarks shown are trademarks of their respective owners. |
