More good news!
Infonautics and Hankook Compugraphy Announce ELECTRIC LIBRARY KOREA; Hankook Compugraphy Signs Exclusive Marketing and Localization Agreement for the Korean Version of Infonautics' ELECTRIC LIBRARY Service
PR Newswire - January 06, 1999 13:58
WAYNE, Pa., Jan. 6 /PRNewswire/ -- Infonautics, Inc. (Nasdaq: INFO), and Hankook Compugraphy Co., Ltd., today announced an exclusive marketing and localization agreement for the Korean version of Infonautics' ELECTRIC LIBRARY(R) service in the South Korean marketplace. ELECTRIC LIBRARY KOREA will contain global, full-text content and award-winning features from Infonautics' existing Electric Library service as well as new Korean content, localized functionality and features specifically directed towards the Korean user.
Hankook Compugraphy, a leading developer of Korean fonts and information technology products for the publishing Industry, and a subsidiary of one of Korea's largest newspaper and publishing companies, The Hankook Ilbo and Seoul Economic Daily Group, will work with Infonautics to localize and exclusively market ELECTRIC LIBRARY KOREA to consumers, schools, libraries and businesses. ELECTRIC LIBRARY KOREA with English content is expected to launch during the first quarter of 1999, and is expected to be upgraded with Hangul language content and search functionality, and Korean Won currency transactions for direct online subscriptions in the latter half of 1999.
"We're excited to be working with one of the leading content players in the Korean market," said Van Morris, president and CEO of Infonautics. "Hankook Compugraphy's knowledge of the market and access to content resources, coupled with our Electric Library service, should allow us to build the best, most functional online reference service available in Korea. This relationship also reinforces Infonautics' commitment to international distribution and furthers our goal of becoming the place people turn to for trusted information in any language."
"ELECTRIC LIBRARY KOREA is a powerful and important development project in our new media strategy," said Jae-KU Chang, CEO for Hankook Compugraphy Co., Ltd. "We're committed to develop and deliver the most useful Internet information products and services to the Korean marketplace, and a partnership with Infonautics means Hankook Compugraphy will launch the very first full- text Korean language reference service for educational, consumer and commercial markets as we envisioned."
ELECTRIC LIBRARY is a comprehensive and easy-to-use online reference tool for researchers of all ages. It provides any school, business or home-user with the power to search an extensive full-text collection of current and archival information. Using a database drawn from hundreds of popular magazines, specialized journals, newspapers and reference works, plus thousands of TV and radio transcripts, photographs and maps, researchers can find helpful information on virtually any topic.
About Infonautics, Inc.
Infonautics, Inc. (Nasdaq: INFO) is a rapidly growing Internet information company that provides online information services for schools, libraries, consumers and businesses. Its award-winning Electric Library service (http://www.elibrary.com), was the first reference service of its type on the Internet and today is the fastest growing electronic reference services for schools and libraries, serving more than 10,000 institutions in all 50 states. Electric Library is also one of the largest paid personal subscription sites on the Web with more than 60,000 paying subscribers. The company's newest service, Company Sleuth (http://www.companysleuth.com), is a free service that uncovers hard-to-find and seemingly hidden current-events type business information on the Internet. The company also provides custom content- management and online archive services (http://www.infonautics.com/archives) to major publishers and other content creators. Infonautics was founded in November 1992, and is headquartered in Wayne, PA.
About Hankook Compugraphy Co., Ltd.
Hankook Compugraphy Co., Ltd., a subsidiary of the Hankook Ilbo and Seoul Economic Daily Group, is the leading developer of Font design and typesetting software with a catalog of 97 different fonts that are used in desktop publishing, laser printers and virtually every professional printing production company in South Korea. The company also provides Computerized Typesetting System (CTS) and its Newsmaker editing software is installed in over 20 major newspaper publishers in Korea. The company was also selected as the commercial database developer by Korea Telecom in 1990 to provide articles related to college entrance studies and enterprises to one of Korea's leading online service provider, Hitel. The company is a well-known database developer and has also completed localization projects for newspaper DTP production systems, including the HK 79 and HCG 8305.
About Hankook Ilbo and Seoul Economic Daily Group
The Hankook Ilbo and Seoul Economic Daily Group is one of the largest newspaper companies in Korea, with a total daily circulation of more than 4 million. Their publications include: Seoul Economic Daily, Hankook Ilbo (Korea Daily), Sports Daily, Korea Times, Children's Hankook Ilbo, Hankook Weekly, as well as ELLE Korea, Premiere Korea, Sports Illustrated Korea, etc.
Infonautics, Inc. press releases available through Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 115424
CONTACT: Joshua Kopelman, 610-293-6850, or e-mail, josh@infonautics.com, or Bob Wright, 610-225-6356, or e-mail, bwright@infonautics.com, both of Infonautics.
SOURCE Infonautics, Inc.
/CONTACT: Joshua Kopelman, 610-293-6850, or e-mail, josh@infonautics.com,
or Bob Wright, 610-225-6356, or e-mail, bwright@infonautics.com, both of
Infonautics/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 115424/
/Web site: infonautics.com
/Web site: companysleuth.com
/Web site: elibrary.com
(INFO)
Headlines Next Story
--------------------------------------------------------------------------------
INFO %MLM %CPR %PUB V%PRN P%PRN
|
