Monday March 30, 6:30 am Eastern Time
Company Press Release
SOURCE: Infoseek Corporation
Infoseek Has It All in One Smart Real Estate Channel
Infoseek Partners with GetSmart.com to Provide Comprehensive Home Financing Service
SUNNYVALE, Calif., March 30 /PRNewswire/ -- Infoseek Corporation (Nasdaq: SEEK - news) has refined its Real Estate Channel by adding a ''mortgage finder'' service from GetSmart.com, the leading credit marketplace on the Internet. Potential home buyers and those seeking to re-finance or make improvements to their homes can now visit one convenient location on Infoseek's Real Estate Channel home page for objective, up-to-the-minute information.
GetSmart helps home buyers calculate how much home they can afford, select the loan features most important to them, find the lender that's right for them, and contact that lender to begin the pre-qualification process, all within minutes. Those interested in re-financing and improving their homes can click their way through a similar, efficient process to gain access to information about loans from a wealth of lenders. The contract includes revenue sharing based on traffic generated by Infoseek
''Buying a home or securing financing are two of the most nerve-wracking, labor-intense processes in life,'' said Lynn Forbes, executive producer of Infoseek's search site. ''By providing valuable services from companies like GetSmart in one comprehensive Real Estate Channel we not only give customers the most complete information, but we help them make and complete big life decisions like buying a home or getting a loan.''
''We're pleased to partner with Infoseek to help consumers make smarter mortgage decisions,'' said Bill Fisher, founder and CEO of GetSmart. ''Their established brand and position as a leading source of information will enable GetSmart to reach more consumers to help them save time and money in the mortgage process.''
Fisher noted that according to a recent study by Killen & Associates, 30 percent of people seeking mortgage loans will shop for them on the Internet by 2005.
About GetSmart
The GetSmart.com marketplace helps consumers harness the power of information they need to make financial decisions about mortgages, credit cards, student loans, auto financing needs and more. GetSmart.com is headquartered in Burlingame, California. Founded by a group of former senior executives from Wells Fargo Bank and ex-McKinsey partners from the Mitchell Madison Group, GetSmart investors include Reuters, Goldman Sachs, and well-known technology investor Roger McNamee; Intuit founder Tom Proulx and former MasterCard CEO Pete Hart are active members of the GetSmart board of directors.
About Infoseek
Based in Sunnyvale, California, Infoseek Corporation is a connected media company and a leading Internet navigation service that is designed to be everyone's favorite stop on the Internet. In addition to the Infoseek Internet service, Infoseek licenses its Ultraseek(TM) Server search and navigation software to companies for their own intranet, extranet and Internet sites.
Infoseek is one of the most popular sites on the Internet because its search service is both easy to use and extremely powerful, allowing both novice and professional users to find information on the Web quickly and easily.
By offering intelligent channels and one of the world's largest directories of Web sites organized by topic, Infoseek provides consumers with a familiar and meaningful search experience in addition to accurate, high-quality search results. Infoseek has commerce and/or content arrangements with entities including Auto-By-Tel, Borders Online, Inc. (NYSE: BGP - news), CMP Media, Inc. (Nasdaq: CMPX - news), Datek Online, Inc., DLJ/Direct, Microsoft Corporation (Nasdaq: MSFT - news), PeopleLink Inc., Bell Atlantic (BEL), UPS, Reuters and Talk City.
Infoseek's World Wide Web site and Internet navigation services can be accessed at infoseek.com. For more information on Infoseek's software portfolio, visit software.infoseek.com.
NOTE: Infoseek, Ultraseek, and the Infoseek logo are trademarks of Infoseek Corporation, which may be registered in certain jurisdictions. Other product and company names herein may be trademarks of their respective owners.
SOURCE: Infoseek Corporation
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