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Friday December 18, 5:59 pm Eastern Time
Company Press Release
infoUSA Data Reaches 900 Web Sites Through
InfoSpace Distribution
OMAHA, Neb.--(BUSINESS WIRE)--Dec. 18, 1998--infoUSA Inc. (Nasdaq:
IUSAA/IUSAB) signed a joint agreement with InfoSpace (Nasdaq: INSP - news) this summer to provide expanded Internet sales and distribution of infoUSA's entire range of proprietary business and consumer databases. infoUSA licenses to InfoSpace the data for its complimentary Yellow Page and White Page lookup service, which is then syndicated on the top web sites. Users will be able to instantly purchase and download sales leads, mailing lists and business reports.
Vinod Gupta, chairman and chief executive officer of infoUSA, said, ''This joint agreement represents a remarkable opportunity to couple our vast content with InfoSpace's enormous distribution. We are the only company in our industry to provide Internet delivery of information products. With this agreement, infoUSA is now able to satisfy the huge unmet demand for small business information. At a price of $5 per report, customers will receive the most comprehensive and valuable information in the industry.''
Gupta continued, ''InfoSpace is one of the popular Internet sites and is rapidly growing the number of sites that will offer our products. This has the potential to generate significant growth for infoUSA, both through the initial Internet sales and the recurring revenue generated by providing updated sales leads, business credit and database information to these customers.''
Naveen Jain, president of InfoSpace, said, ''We are very excited about offering these products. infoUSA provides top quality information that is extremely valuable to our partners and customers.''InfoSpace (www.infospace.com) is a leading ''aggregator and syndicator'' of content on the Internet. Formed in April 1996, InfoSpace has grown into one of the top sites on the Internet today. InfoSpace is continually adding content and forging partnerships with independent yellow pages publishers, newspapers, television stations, search engines, ISPs, Information Appliances and popular web sites.
InfoSpace affiliates include AOL (Nasdaq: AOL - news), Netscape (Nasdaq: NSCP - news), Microsoft (Nasdaq: MSFT - news), Lycos (Nasdaq: LCOS - news), The Wall Street Journal Interactive Edition, Playboy (NYSE: PLA - news), AT&T Worldnet Service (NYSE: T - news), go2net's MetaCrawler (Nasdaq: GNET - news), ABC LocalNet, CBS's affiliated TV
stations, and others.
Through its relationship with telecommunications companies such as WolfeTech, Motorola and Lucent, InfoSpace directories are available on cellular phones and pagers.
infoUSA, www.infoUSA.com, is a 27-year-old, $250+ million company and the leading provider of business and consumer information. Nearly two million customers use the products and services for direct marketing, telemarketing, marketing planning, lead generation, sales planning, customer analysis and credit reference. The company's headquarters are in Omaha, Neb. The company can be contacted at (402) 593-4500. |
