NETZ: Must read for all!
Below is all the recent major events for NETZ. I believe this is a must read especially for new NETZ investors. I have taken a lot of time to organize this information in chronological order. It looks like we have a winner folks!
SEATTLE, Washington --September 25, 1997 go2net, Inc. (Nasdaq symbol: GNET; and BSE symbol: GO) and SOFTBANK Interactive Marketing today announced they formed a relationship under which certain go2net Web sites will be included in The SOFTBANK Network.
Russell C. Horowitz, go2net's CEO, added, "SOFTBANK Interactive Marketing is the class of their field. Since our traffic continues to grow at a rapid pace, we're glad we'll be working with such a strong organization. This will now provide go2net with representation in major markets and greater access to prominent Web advertisers." NEWPORT, RI,-- November 20, 1997 -- "We have been also actively interviewing investment banking firms and expect to announce a firm shortly. NETZ also expects to seek a full listing on either the American Stock Exchange or NASDAQ National Listing." Jan. 5, 1998-- ZULU-tek Inc., formerly Netmaster Group, Inc. (OTC Bulletin Board: NETZ - news), a leading Internet advertising and marketing technology company, said today that it acquired control on December 31, 1997 of SOFTBANK Interactive Marketing, a world leader in interactive marketing and advertising sales representation. Ronald I. Meatchem, chairman of ZULU. "Combining our current Internet advertising technology with SOFTBANK Interactive Marketing's outstanding sales infrastructure, technology-based marketing solutions and proprietary ad network will solidify ZULU's plans to become the number one provider of Internet advertising and marketing solutions." NEW YORK -- January 12, 1998 -- SOFTBANK The SOFTBANK Network was launched on September 15, with 28 Web sites and 45 million available impressions. As of early January, 1998 the network had more than 106 million available impressions from 53 sites. Ted West, Executive Vice President and Softbank co-founder, said in an interview, "The SOFTBANK network recently signed leading-brand advertisers, which include AT&T,American Stock Exchange, Disney, Dow Jones, Fuji, First USA, Fischer/Price, GTE, Microsoft, Schwab, Sprint and Toshiba and Disney. "In terms of technology, we already think of ourselves as having better technology than DoubleClick and others.
From the Gaskinsco IPO Desktop: Summary 2/20/98 gaskinsco.com Competition: DoubleClick focuses on the upper end of second tier web sites -- because the top ten web sites (Yahoo, AOL, etc. that generate 60% of web traffic) have their own, direct sales forces. Direct competitors offer other website networks. The three primary competitors are Cliqnow, 24/7 and Softbank Interactive Marketing. ZULUtek (NETZ), recently purchased a majority interest in Softbank Interactive Marketing,"
DoubleClick IPO Red Herring 2/20/98 redherring.com Mr. Gaskins suggests that "the people in the market don't realize the competition that exists." He notes that other web advertising companies, like 24/7 and Softbank Interactive Marketing, will really fire up after this IPO and that each has a fairly impressive list of clients and sites. Unlike DoubleClick, which considers its space the first-tier sites, these two competitors offer networks of upper-end second- and third-tier sites, including AT&T WorldNet, Rolling Stone, and Reuters News for 24/7 and some top advertisers including Disney, Microsoft, Sprint, and Toshiba for Softbank Interactive. Mr. Gaskins further claims that while DoubleClick is firmly in the top position right now, "the distance between Number One and Number Two will be a lot smaller than most people think." |