Search Engine Has 400 Percent Increase in Hit Ratio
OREM, Utah--(BUSINESS WIRE)--May 4, 1999--Galaxy Enterprises Inc. (OTC BB:GLXY - news), an established e-commerce corporation, and operator of the MatchSite.com search engine (http://www.MatchSite.com) Tuesday announced hits on the company search engine are up 400 percent from January 1999 to March 1999.
Hits are created by Internet users, which influence advertising rates.
Galaxy's MatchSite.com is unique and stands out from other search engines because of its distinctive efforts of combining the leading, major search engines to assist users in finding the information they want. When a user types in a search request, MatchSite.com actually searches the databases of nine of the most popular search engines on the Internet simultaneously. MatchSite.com searches Alta Vista, Excite, Hotbox, Infoseek, Lycos, Magellan, Snap, WebCrawler and Yahoo.
When doing a search on one of these popular search engines, most people assume they are searching the entire Internet. These search engines actually create, and then search their own databases; Therefore many users are left having to visit several of the top search engines before they find what they want. MatchSite.com eliminates this problem by searching the top search engines all at the same time, and returns a combined list of responses.
John J. Poelman, president and chief executive officer of Galaxy, said, ''It's apparent by the growth in our hit ratio that a good number of those who have tried MatchSite.com like it, and continue using the search engine. Our technological upgrades and newly added features should enable us to remain extremely competitive and grow brand loyalty.''
MatchSite.com's growth in terms of hits to the site will allow the company to increase its advertising revenue, without increased costs.
About Galaxy
Galaxy Enterprises is an e-commerce company which operates Galaxy Mall (http://www.galaxymall.com), one of the fastest growing malls on the Internet with over 2,000 storefronts and receives over 10 million monthly hits.
Galaxy also operates Galaxy Center (http://www.galaxycenter.com), a Web-based, Web site builder program, which allows individuals and business owners to create and maintain their own fully functional e-commerce Web sites, and Banner Source (http://www.bannersource.com), a clearing house for Web banner advertisements. Banner Source currently has access to a network of more than 20,000 sites and markets in excess of 1 million dynamic impressions over the Internet daily.
Certain of the above statements may be forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments and risk factors listed from time to time in the company's SEC reports.
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