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

To: levy who wrote (21235)	9/11/2000 12:49:50 PM
From: levy	Read Replies (3) \| Respond to of 28311

That link didn't exactly take you to the part about the deal with Infospace from June 5 so I'll put it here...it is in my opinion pretty strange that there is no mention of that deal over on the archives for infospace news...probably just a screw up but at least makes you think the remote possibility they didn't want to make that to public since they might want to buy it at a good price later...just a thought News Release For Immediate Release Cell-Loc teams with InfoSpace to deliver next generation location-based services to mobile devices Partnership to integrate location information with InfoSpace's localized commerce and information services CALGARY, June 5, 2000 /CNW/ - Cell-Loc Inc. (TSE:CLQ), a leading wireless location-based services provider, today announced an agreement with InfoSpace (NASDAQ:INSP), a leading global provider of infrastructure services for communication, information and commerce for wireless devices, merchants and Web sites, that will result in the speedy roll out of advanced location-based wireless Internet services to mobile device users in North America. Through the agreement, Cell-Loc will work with InfoSpace to integrate Cell-Loc's highly accurate wireless location-sensitive technology with InfoSpace's tightly integrated suite of commerce, communication and information services. This will enable the delivery of services that are customized to a wireless device user's precise geographical location including traffic reports, directions to the nearest Italian restaurant and the ability to comparison shop and receive promotions from nearby merchants. "This relationship is a major step forward in offering location-based wireless Internet services to consumers," said Dr. Michel Fattouche, president and CEO, Cell-Loc. "By combining the vast resources of InfoSpace with our location-sensitive services, we are enabling a truly unique suite of mobile applications." "In order to realize the full potential of mobile commerce, Internet technology must be leveraged to drive customer traffic to traditional brick and mortar retailers and service companies, where 90% of consumer spending flows," said Naveen Jain, chairman and chief strategist of InfoSpace. "The ability to pinpoint a user's precise location is key to delivering these services and we will continue to partner with cutting edge providers of this technology in order to maintain our position as the leading provider of advanced wireless Internet infrastructure services." About Cell-Loc Inc. Cell-Loc Inc. is the developer of Cellocate(TM), a family of wireless location products and services that enable wireless, location-based services. Cell-Loc is well positioned to become a leader in the emerging wireless Internet location industry. With offices in Calgary, AB and Dallas, TX, Cell-Loc develops, markets and supports its patented wireless location technology and services in the North and Latin American countries. Cell-Loc is listed on the Toronto Stock Exchange (TSE) under the trading symbol: "CLQ".