SKG INTERACTIVE INC - INFOSPACE INC - Norstarmall.ca Enters Into Agreement With Infospace, Inc. [283] ================================================================ NorstarMall.ca Inc. ("NorstarMall.ca"), a division of SKG Interactive Inc., announced that they have entered into an agreement with InfoSpace, Inc. Under the terms of this agreement, InfoSpace commerce service will be integrated into both the Canadian and U.S. sections of NorstarMall. NorstarMall shoppers will now be able to use InfoSpace commerce services to greatly enhance their online shopping experience. NorstarMall will also integrate other InfoSpace powered services and applications to provide a more dynamic, interactive and comprehensive NorstarMall site. The InfoSpace shopping engine has now been integrated into the NorstarMall.ca site. InfoSpace's commerce services enable users to find local merchants, comparison shop among both online and offline retailers and service companies, receive electronic promotions and make purchases. NorstarMall tenants will become part of the InfoSpace merchant network thereby making their products and services available to consumers using InfoSpace-powered services. "It was important for us to find a partner with proven success, capable of offering outstanding comprehensive integrated consumer-focused solutions that would fit well with our leading-edge 2-D, 3-D, and wireless online shopping venues. InfoSpace is clearly the leader in the commerce space," said Mr. Paul Romanchuk, Chairman and Chief Executive Officer of NorstarMall.ca Inc. "By integrating the InfoSpace shopping engine within the NorstarMall.ca venue, our tenants and their products are now accessible by any shopper on any of the InfoSpace powered sites." "We are excited to bring NorstarMall tenants into the InfoSpace network and to give them the opportunity to offer their products and services to consumers accessing InfoSpace powered services via a wide range of Internet enables devices," said Chris Matty, Vice President of Business Development at InfoSpace." About InfoSpace, Inc. InfoSpace is a leading global Internet information infrastructure services company. InfoSpace provides commerce, information and communication infrastructure services to wireless devices, merchants and Web sites. InfoSpace's affiliates include a network of wireless and other non-PC devices including PCs, cellular phones, pagers, screen telephones, television set-top boxes, online kiosks, and personal digital assistants. These include relationships with AT&T Wireless, Intel, Ericsson, Nokia, Mitsui and Acer America. InfoSpace's affiliate network also consists of more 3,100 Web sites that include AOL, Microsoft, Disney's GO Network, NBC's Snap, Lycos, DoubleClick and ABC LocalNet, among others. About SKG Interactive Inc. / NorstarMall.ca Inc. NorstarMall.ca Inc., a division of SKG Interactive Inc., offers consumers access to over 160 Canadian e-tailers and now 485 American e-tailers, all at a single destination. NorstarMall.ca is also home to Canada's first and only wireless shopping portal and 3-D cybermall, which features the combination of entertainment, information services and brand name Canadian retailers including Compaq.ca, Tripeze.com, Bell World, HMV.com, VivaCare.com, SportMart.ca, and Holt Renfrew, creating a uniquely Canadian destination for online shoppers. SKG Interactive Inc. (TSE: SKG) is in the process of evolving from its initial focus as a major e-commerce destination into an applications service provider and a wireless application service provider leveraging the technology that it has developed. With the completion of recently announced initiatives, SKG Interactive expects that it will be able to enhance its business focus as an e-commerce and wireless solution provider in North America and enable SKG to accelerate its growth strategy.
Websites: norstarmall.ca and skginteractive.com For SKG Interactive Inc.: Investor Relations TEL: (905) 985-9687 FAX: (905) 985-8238 Email: investorinquiries@skginteractive.com |