Raymond James Analyst to Discuss CMGI's AltaVista Deal on RadioWallStreet Internet Broadcast
BUSINESS WIRE - June 29, 1999 10:40
PHILADELPHIA, Jun 29, 1999 (BUSINESS WIRE via COMTEX) -- The CMGI, Inc. (NASDAQ: CMGI) and Compaq Computer Corp. (NYSE: CPQ) AltaVista agreement will be discussed by Raymond James & Associates Analyst Phil Leigh on RadioWallStreet today, Tuesday, June 29, 1999, at 3:30 PM EDT, Investor Broadcast Network f/k/a Vcall Corporation announced. Conducting the interview for RadioWallStreet will be Joseph Besecker of Emerald Research, a leading equity research firm.
To listen to the interview, investors should go to the
RadioWallStreet website located at vcall.com and click on the RadioWallStreet event.
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Furniture.com Announces $35 Million in Third-Round Financing; Launches Multimillion-Dollar Brand Campaign Solidifying Category Leadership
BUSINESS WIRE - June 29, 1999 10:33
FRAMINGHAM, Mass., Jun 29, 1999 (BUSINESS WIRE via COMTEX) -- Furniture.comhas announced the closing of $35 million in its third-round financing - the majority to fund an aggressive brand-building program to continue the revolutionary e-tailer's dramatic growth and to further its position as the clear e-commerce leader in the $178 billion U.S. furniture and home furnishings industry.
"Furniture.com is fundamentally changing the way consumers buy furniture and create their dream homes - and shoppers are enthusiastically embracing the experience," said Furniture.com Inc. CEO Andrew L. Brooks. "In the first quarter of 1999, customers placed orders totaling $1.6 million, up from $900,000 in fourth quarter 1998. And in May 1999 alone, we wrote nearly $1 million in orders. This strong momentum, plus our growing brand recognition with consumers and within the industry, supports our position as the undisputed category leader."
Investing in multimillion-dollar branding initiatives, new consumer services
"The additional capital puts us in an even stronger market position with ample resources to extend our brand and build market share. Shortly, we will release a series of major announcements including the signing of new strategic relationships, and the launch of multiple new services and features that will further enhance the superior customer experience we've created," he said.
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Adsmart NetFuerza Adds Thirteen New Sites to Hispanic Advertising Network; Largest Hispanic Advertising Network Enjoys Rapid Growth with Over 50 Sites and 25 Million Impressions
BUSINESS WIRE - June 29, 1999 08:46
ANDOVER, Mass., Jun 29, 1999 (BUSINESS WIRE via COMTEX) -- Adsmart(http://www.adsmart.net), a majority-owned subsidiary of CMGI, Inc., today announced that it has added thirteen new brand name Web sites to its Adsmart NetFuerza division. Adsmart NetFuerza is the largest interactive advertising network in America dedicated exclusively to the US Hispanic and Latin American markets, as well as Spain and Portugal. Its current network of 50 branded sites totals 25 million in monthly impressions.
"Adsmart NetFuerza continues to grow quickly, dominating the Hispanic online advertising market," said John Federman, Chairman and CEO of Adsmart. "We are happy to welcome thirteen more brand sites to the Adsmart Network and will continue to expand this important division."
"We needed an online advertising network that understood the market and had established relationships with the key online media buyers," said Jose R. Koplewicz, Executive Vice President of Viajo.com. "Because they are the leader, Adsmart NetFuerza was the natural choice to substantially increase revenues from our Web site."
Joining Adsmart NetFuerza is Automundo (www.automundo.com), an informational site about the world of the automobile; La Brujula (www.brujula.cl), a powerful Chilean search engine and portal to a world of Internet information; Camaras de Comercio (www.camarasdecomercio.com), a reference list of Hispanic chambers of commerce of North, Central, South America and Spain; Chevere (www.chevere.com), a Venezuelan gateway to the Web; Hispanico (www.hispanico.com), a one stop culture shop with music, books and video across a variety of subjects; Mundo Latino (www.mundolatino.com), a business directory and general information for the Americas and Spain; Tarjetas Virtuales (www.tarjetasvirtuales.com), a Spanish language site for free electronic postcards, video games and chat; Todo Latino (www.todolatino.com) an indexed Hispanic website directory and portal in English focusing on the U.S. Hispanic market; Uruguay Total (www.uruguaytotal.com), a fully indexed Internet guide including a search engine, Viajo.com (www.viajo.com), the first and only travel website for the Spanish and Portuguese speaking markets; Iguana (www.iguana.com.mx), a powerful Mexican-based search engine; MexSearch Yellow Pages (www.yellow.com.mx), the Internet yellow pages of Mexico, and Yagua (www.yagua.com), Paraguay's portal to the web with a powerful search engine. |
