Stephen - Intel announces another Inktomi eCommerce Link Up.
"Intel Online Services and Inktomi Collaborate On Online Shopping
New Product Promotion Network to Provide iCat Enabled Merchants Visibility to More Than 100 Million Visitors"
Please note - if another Dot.Com company made this announcement (AOL, Amazon, Exodus), that stock would be good for a $20+/share HIKE in one day!
Intel must be the Rodney Dangerfield of the Internet Set - it doesn't get ANY RESPECT !
Paul
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biz.yahoo.com
Thursday December 16, 1:55 pm Eastern Time
Company Press Release
Intel Online Services and Inktomi Collaborate On Online Shopping
New Product Promotion Network to Provide iCat Enabled Merchants Visibility to More Than 100 Million Visitors
SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 16, 1999-- Intel Online Services, Inc. and Inktomi Corp. (NASDAQ:INKT - news) today announced that merchants enabled by Intel Online Services' iCat service line can now feature their products on portals and destination sites running the Inktomi Shopping Engine. Inktomi currently powers online commerce for leading sites including iWon.com, LookSmart, and Merrill Lynch.
In concert with this agreement, iCat has launched the Product Promotion Network (PPN), icat.com, which enables participating merchants to reach interested consumers through high visibility shopping destination sites. All merchants that have built online storefronts using iCat's commerce services can choose to participate in the fee-based PPN. Inclusion in this program can help merchants reach an estimated 100 million visitors through leading portals and commerce sites, including Inktomi powered sites.
''This is extremely significant for merchants that develop an online presence using iCat services. Rather than being limited to any one portal or mall, they will have the opportunity to gain exposure for their products across many leading sites,'' said Tim Dowling, e-Commerce marketing director, Intel Online Services. ''Our agreement with Inktomi can substantially increase sales opportunities and distribution for iCat enabled merchants.''
''The Inktomi Shopping Engine combines powerful commerce infrastructure with a broad range of merchants and products, enabling rich shopping capabilities on a wide variety of portals, destination sites, and devices,'' said Stuart Spiegel, vice president and general manager of Inktomi's commerce group. ''Our work with Intel Online Services will enhance our partners' shopping capabilities and create online opportunities for many small and medium-size businesses.''
In addition, iCat now offers merchants an updated version of its iCat Commerce Online store building service which include new style templates for store design.
About Intel Online Services
Intel Online Services, Inc., is a subsidiary of Intel Corporation. Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.
About Inktomi
Based in Foster City, Calif., Inktomi (pronounced INK tuh me), develops and markets scalable software designed for the world's largest Internet infrastructure and media companies. Inktomi's portal services include the search, directory, and shopping engine applications; network products include the Traffic Server network cache platform, Content Delivery Suite, and associated value-added service applications. Inktomi works with leading companies including America Online, British Telecommunications, CNET, Excite@Home, Intel, Microsoft, RealNetworks, Sun Microsystems, and Yahoo!. The company has offices in North America, Asia, and Europe. For more information, visit www.inktomi.com.
Note to Editors:
Third party marks and brands are property of their respective holders.
Inktomi, Traffic Server, Scaling the Internet and the tri-colored cube logo are all trademarks or registered trademarks of Inktomi Corporation. All other company and product names referenced herein are the trademarks or registered trademarks of their respective holders.
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Contact:
Intel Online Services, Inc.
Scott Battishill, 206/505-8712
scott_battishill@icat.com
or
Inktomi Corporation
Kevin Brown, 650/653-2825
kevin@inktomi.com |
