The plan coming together!
NORWALK, CT--(BUSINESS WIRE)--Nov. 23, 1999--
eLEC Communications Brings the Power of InfoSpace.com's Extensive Distribution Network to Its Advertisers With Soon to Be Launched QuillPages.com
eLEC Communications Corp. (NASDAQ:ELEC) today announced an agreement with InfoSpace.com (NASDAQ:INSP), a leading provider of Internet infrastructure services to consumers, merchants and wireless devices, under which InfoSpace.com will provide online distribution and co-branding services for eLEC's QuillPages.com online advertising service. Through this agreement QuillPages.com advertisers will have an extended reach through InfoSpace.com's affiliate network, consisting of more than 2,100 Web sites reaching 86% of all Internet users.
Paul Riss, eLEC's CEO, stated, "This strategic agreement with InfoSpace.com allows us to significantly extend the reach of our QuillPages.com online advertising service. With the power of InfoSpace.com's affiliate network, QuillPages.com will become yet another valuable bundled service that eLEC can provide to our communications customers."
"Our distribution network reaches 4 out of 5 U.S. Internet users, which means we are giving QuillPages.com advertisers potential access to a very large audience," said John Richards, Vice President of Business Development, InfoSpace.com. "In addition, we are giving Internet users access to a wide range of content, community and communication services through our consumer services area.
About InfoSpace.com, Inc.
InfoSpace.com is a leading Internet infrastructure provider of services for consumers, merchants and wireless devices. InfoSpace.com's affiliate network consists of more than 2,100 Web sites. The Company's affiliates include AOL, Microsoft, Disney/InfoSeek's GO Network, NBC's Snap, Lycos, go2net Inc., DoubleClick, Dow Jones (The Wall Street Journal Interactive Edition) and ABC LocalNet, among others. In addition, the Company provides services to a network of wireless devices including PCs, cellular phones, pages, screen telephones, television set-top boxes, online kiosks, and personal digital assistants. These include relationships with Acer America, AT&T Wireless, Nokia, Nextel, Sprint, Mitsui, Lucent, and @Home.
About eLEC Communications Corp.
eLEC Communications Corp. is a publicly traded local telecommunications company that is taking advantage of the convergence of the current and future competitive technological and regulatory developments in the Internet and telecommunications markets through the integration of its wholly-owned subsidiaries, Essex Communications and WebQuill Internet Services. The company provides an integrated suite of communications services to small and medium-sized business customers, including local, long distance, dial-up access, dedicated access, and Web site design and hosting.
This release contains forward-looking statements that involve risks and uncertainties. The Company's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; the Company's ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which the Company can operate, access new markets, negotiate and maintain suitable reseller and interconnection agreements with the incumbent local exchange carriers, and negotiate and maintain suitable vendor relationships, all in a timely manner, at reasonable cost and on satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements. |
