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Technology Stocks : VerticalNet, Inc. [VERT] -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (892)	6/7/2000 12:35:00 AM
From: Sarkie	Read Replies (2) \| Respond to of 1094

Sure makes it hard to keep the faith, doesn't it?

To: Susan G who wrote (892)	6/8/2000 11:21:00 AM
From: Sarkie	Read Replies (1) \| Respond to of 1094

VerticalNet and CapitalKey Advisors to Offer Investment Banking Services to VerticalNet's Business-to-business Communities ================================================================ HORSHAM, Pa. & NEW YORK--(BUSINESS WIRE)--June 8, 2000--VerticalNet, Inc. (NASDAQ:VERT), the Internet's premier portfolio of business-to-business industrial trading communities, and CapitalKey Advisors, the online investment bank focused on the financing and merger and acquisition needs of small and mid-sized businesses, today announced that they have signed an agreement. Together, the two companies will offer CapitalKey's investment banking services through VerticalNet's Vert SolutionZoneSM. Under the terms of the agreement, VerticalNet will create links within the Vert SolutionZoneSM - an online resource center for members of VerticalNet's 56 trading communities - to a co-branded Web site providing business owners with information about CapitalKey and access to its capital-raising and merger and acquisition services. VerticalNet's users will benefit from CapitalKey's technology and investment banking assets, including its proprietary database, investor targeting technology, transaction processing platform and experienced investment bankers. Launched in December 1999, CapitalKey maintains a proprietary information set of more than 3,700 venture capital and private equity funds - tracking investment criteria according to business type, stage, market sector, size and regional activity - in order to provide its clients with timely access and introductions to the most appropriate financial partners and acquirers. "Through our new alliance with CapitalKey, VerticalNet is making another clear stride toward one of our most important initiatives - helping our users develop new relationships with partners that can help fulfill their most pressing business needs," said Blair LaCorte, VerticalNet's senior vice president of Strategy and E-Commerce. "Our customers will now have entree to the capital necessary to grow their businesses, find financial partners or execute mergers and acquisitions." "We believe the wide reach of VerticalNet's online communities, combined with CapitalKey's innovative investment banking services, will create a useful and meaningful resource for VerticalNet members," said Neal D. Goldman, founder and managing partner of CapitalKey. "CapitalKey's goal is to bring the same level of investment banking quality and expertise available to large corporations to small and medium-sized companies," said Steven B. Turner, managing partner at CapitalKey. Today's announcement comes close on the heels of another high-profile deal involving CapitalKey Advisors. On May 23, the company made public a partnership with Merrill Lynch that, for the first time, makes servicing the small business capital market profitable for a large investment bank.