InfoSpace and CNNSI.com Announce Strategic Alliance InfoSpace's Broadband
Platform Enhanced Through Agreement With CNNSI.com
BELLEVUE, Wash. and ATLANTA, Mar 20, 2001 /PRNewswire via COMTEX/ -- InfoSpace,
Inc. (Nasdaq: INSP), a leading global provider of cross-platform merchant and
consumer infrastructure services on wireless, broadband, and narrowband
platforms, and CNNSI.com, AOL Time Warner's sports Web site, the home of Sports
Illustrated on the Web and the sports site for CNN.com and CNN/Sports
Illustrated, the sports news network, today announced a strategic broadband
agreement.
(Photo: newscom.com )
Under the agreement, multimedia video news from CNN/Sports Illustrated, as well
as other CNN/Sports Illustrated services, including original sports analysis and
commentary, will be integrated with InfoSpace's broadband platform and
syndicated through broadband network providers licensing the InfoSpace platform.
"We see sports as one of the most natural environments for our broadband
services and applications," said Michael Riccio, InfoSpace executive vice
president, broadband. "Teaming up with CNNSI.com is an important strategic move
as their world class sports coverage enhances the services that we can offer
network operators deploying our broadband platform."
Partnering with InfoSpace provides CNNSI.com an extensive distribution network
for its services and exposure to a new, large and growing audience of users.
"We are pleased to partner with InfoSpace and leverage their relationships as an
additional distribution arm," said Steve Robinson, executive vice president and
general manager of CNN/Sports Illustrated. "This agreement is a great
opportunity, especially in the broadband space, to showcase CNNSI.com to a vast
new Internet audience."
About CNNSI.com
CNNSI.com is AOL Time Warner's sports Web site, the home of Sports Illustrated
on the Web and the sports site for CNN.com and CNN/Sports Illustrated, the
sports news network. The site features up-to-the minute scores, news, statistics
and analysis of domestic and international sports, as well as free fantasy
sports, live streaming video and a local sports section for more than 150
cities. The site features the renowned journalism and photography of Sports
Illustrated and content from CNN/Sports Illustrated, as well as Turner Sports'
NBA, golf and motor sports coverage.
About InfoSpace, Inc.
InfoSpace is a leading global provider of cross-platform merchant and consumer
infrastructure services on wireless, broadband, and narrowband platforms. The
company provides commerce, information, and communication infrastructure
services to wireless devices, merchants, and Web sites. InfoSpace's partners
encompass a global network of wireless, PC, and non-PC devices, including
cellular phones, pagers, screen telephones, television set-top boxes, online
kiosks and personal digital assistants. InfoSpace has relationships with Verizon
Wireless, AT&T Wireless, Cingular Wireless, Intel, Virgin Mobile, Hasbro,
National Discount Brokers, and Bloomberg, among others. InfoSpace's affiliate
network also consists of more than 3,200 Web sites that include AOL, Microsoft,
NBC's Snap, Lycos, and ABC LocalNet. InfoSpace is also positioned to tap the
market for broadband wired (DSL and cable) and broadband wireless (2.5G and 3G)
services, such as interactive gaming, television and other entertainment
services. In addition, the company recently added back-end payment processing to
InfoSpace's existing commerce services, allowing InfoSpace to offer everything a
merchant needs to conduct the entire lifecycle of a transaction, one of the key
drivers of mobile commerce adoption. |
