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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: Jenne who wrote (9483)	7/9/1999 10:55:00 PM
From: red_dog	Respond to of 28311

Go2Net Signs Licensing Pact with Intershop July 9, 1999 By Beth Cox InternetNews.com Correspondent Business News Archives Go2Net Inc., a network of branded technology- and community-driven Web sites signed a licensing agreement with Intershop Communications Inc., a supplier of electronic commerce hosting solutions. Intershop will provide easy-to-use, browser-based interfaces for setting up online storefronts to members of Go2Net's HyperMart and Virtual Avenue business hosting services. HyperMart and Virtual Avenue together claim more than 375,000 small and medium-sized businesses as members, growing at the combined rate of more than 1,000 new member businesses per day. Using Intershop's ePages and Intershop3 e-commerce solutions, Go2Net said it will provide its HyperMart and Virtual Avenue business members with a series of cost-effective options to build e-commerce capabilities for their respective businesses. Financial terms of the arrangement were not disclosed. The Intershop software makes store acquisition, set-up and design possible for any business with access to a Web browser. Intershop's customizable options enable businesses to start out at very basic levels and add more sophisticated features and functionalities as their businesses grow online. "Adding Intershop's e-commerce technologies to the services currently offered through HyperMart and Virtual Avenue, Authorize.Net's transaction processing services and the Haggle Online auction services creates a leading end-to-end commerce solution for small and medium sized businesses," said Russell C. Horowitz, CEO of Go2Net.