Company Sleuth Reaches Membership Milestone
Business Wire - March 08, 1999 11:16
WAYNE, Pa.--(BUSINESS WIRE)--March 8, 1999--
Free Online Business Information Service Surpasses 100,000 Registrants
Infonautics, Inc. (NASDAQ:INFO), a leading Internet information company and provider of online research and reference services, today announced that more than 100,000 Internet users have registered with Company Sleuth(TM) (www.companysleuth.com), its free online business information service.
Company Sleuth thoroughly searches the Internet for news and information for investors, entrepreneurs, marketers and corporate executives about the business activities, financial moves and Internet dealings of their competitors, investments, prospects and clients. Delivered daily to subscribers in the form of customized e-mail reports, the information uncovered by Company Sleuth often has not been officially announced or reported.
"This key membership milestone underscores the desire of Internet users for highly personalized business information delivered to their e-mailbox," said Van Morris, President and Chief Executive Officer of Infonautics Corporation. "Company Sleuth brings together hard-to-find and potentially critical information about publicly-traded companies. It's an effective and convenient way to keep abreast of key developments that might not have come to light through any other means."
As part of its effort to brand Company Sleuth as the leading online provider of free, legal inside business information, Infonautics recently announced marketing and distribution relationships with more than a dozen leading Web sites, including Ask Jeeves, Raging Bull, Nando.net and Stocks.com.
Infonautics also announced that its Electric Library subscription service has recently passed 70,000 paying subscribers.
ABOUT COMPANY SLEUTH
Company Sleuth is the Internet's leading source of free, legal, inside information. With Company Sleuth, users receive a daily e-mail report detailing the business activities, financial moves and Internet dealings of selected companies -- often before they are officially announced or reported.
Currently, Company Sleuth tracks U.S.-based, publicly traded companies and plans to track private companies soon. Company Sleuth searches the Internet and delivers financial and business news and information on a particular user's competitors, investments, prospects and clients. Registered users also have access to several Company Sleuth "Top 10 Lists" which display the most watched companies and allow users to see who is watching them.
The current leaders of the Top 10 include: Microsoft (MSFT), Dell (DELL), Cisco (CSCO), America Online (AOL), Lucent (LU), Intel (INTC), Yahoo (YHOO), Compaq (CPQ), Infonautics (INFO), and Amazon.com (AMZN).
ABOUT INFONAUTICS
Infonautics, Inc. (Nasdaq: INFO) is a leading Internet information company that provides online information services to schools, libraries, consumers and businesses. Its award-winning Electric Library service was the first reference service of its type on the Internet, and today is one of the fastest growing electronic reference product for schools and libraries, serving more than 10,500 institutions in all 50 states.
Electric Library is also one of the largest paid subscription sites on the Web with more than 70,000 paying subscribers. The Company's newest service, Company Sleuth, is a free service that uncovers hard-to-find and seemingly hidden business information on the Internet.
The Company also provides custom content-management and online archive services to major publishers and other content creators. Infonautics was founded in November 1992, and is headquartered in Wayne, PA.
INFONAUTICS and ELECTRIC LIBRARY are registered trademarks of Infonautics, Inc. or its subsidiaries. COMPANY SLEUTH is a trademark of Infonautics, Inc. or its subsidiaries. All other trademarks and service marks are the properties of their respective holders.
CONTACT: Infonautics, Inc.
Josh Kopelman, 610/293-6850
josh@infonautics.com
or
PR 21
Adam Martini, 212/352-3434
adam_martini@pr21.com
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