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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Joe Hoek who wrote (19482)12/3/1998 11:48:00 AM
From: Logistics  Read Replies (1) of 120523
 
FREEY FREEY

Big news with compuserve on wires now. Starting to go. Internet related.

Thursday December 3, 10:53 am Eastern Time

Company Press Release

SOURCE: Freepages Group plc

Freepages Group plc Announces Internet Partnership with CompuServe

LONDON, Dec. 3 /PRNewswire/ -- Freepages Group plc (Nasdaq: FREEY - news) the UK interactive branded services company operating under the Scoot trading name, has formed an integrated partnership agreement with CompuServe, the UK's most innovative Online Internet Service.

Under the agreement, the Scoot database of over 2 million UK business and service records will be accessible to CompuServe's 400,000 members via a direct 'Go' button link to the Scoot web site. In addition the top 200 Scoot classifications will be integrated into the CompuServe service, broken down to map on to CompuServe's content channels. Through these specialist areas CompuServe members will be able to access Scoot information relevant to a particular topic, such as travel, sport, money, photography, entertainment, etc.

This exclusive deal will be fully functional on 1st February 1999.

Robert Bonnier, Freepages' Chief Executive Officer, commented: ''Scoot is aggressively positioning its branded services within the internet marketplace. This powerful new alliance with CompuServe enables us to extend the reach of the Scoot product range to thousands of new users throughout the UK.''

Martin Turner, Managing Director, CompuServe, said ''Our channels are tailored to suit our discerning members' interests for use both at home and at work combining the best of CompuServe's exclusive content and the best of the web. The Scoot product is an excellent addition to our service enabling members to access local, relevant business directory information.''

CompuServe UK was founded in 1988. It has more than 400,000 members in the UK and is established as the online service provider of choice for the busy professional and discerning consumer. CompuServe provides well organized access to the Internet and to hundreds of unique products and services across a broad range of topics including news, business and financial services, travel, entertainment and games, magazines, computer discussion groups and home shopping. To join CompuServe call 0990-000-200.

CompuServe is a subsidiary of American Online quoted on NYSE (AOL.N)

Scoot (UK) is a wholly owned subsidiary of Freepages Group plc. It also operates Scoot services in the Netherlands and Belgium through a joint venture with VNU. Scoot, an interactive branded services company, is adding value to the transaction process between buyers and sellers. Scoot is available via the internet on www.scoot.co.uk.

Freepages Group plc is quoted on the London Stock Exchange (FRE.L) and on Nasdaq (FREEY).

SOURCE: Freepages Group plc
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More Quotes and News:Freepages Group PLC (Nasdaq:FREEY - news)Related News Categories: computers, internet
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