To: Tom Kearney who wrote (10701 ) 5/4/1998 12:58:00 PM From: Dave Doriguzzi Read Replies (2) | Respond to of 27307
Yahoo implications? Can anyone shed any light on this deal and if the Lycos/AT&T deal would help NEST? Anyone out there understand the LCOS/NEST and revenue ramifications? Possibilty for Yahoo/NEST or do they have a partner? Wednesday April 1, 11:12 am Eastern Time Company Press Release SOURCE: Nestor, Inc. InterSite Awarded 'Best Of Class' at Internet Commerce Expo Nestor Interactive Declared Winner in Web-enabled Marketing, Sales and Customer Service PROVIDENCE, R.I., April 1 /PRNewswire/ -- Nestor Interactive, a wholly owned subsidiary of Nestor, Inc. (OTC Bulletin Board: NEST - news), today announced the receipt of the ''Best of Class'' award at the Internet Commerce Expo. Nestor Interactive showcased its award-winning InterSite interactive marketing solution at last week's show at the World Trade Center in Boston. The company exhibited in the show's Internet Open with over 60 other innovative Internet commerce, Intranet and Extranet solutions providers. The Internet Open is a featured program of the Internet Commerce Expo, providing a forum for technically innovative solutions in electronic commerce, Intranet computing and Extranet applications. Companies compete with each other for the ''Best of Class'' distinction in their category of expertise. Products are rated according to an extensive list of criteria including technical/business innovation, user efficiency, cost effectiveness & end user benefit, solution/functional expandability, user friendliness, visual impact, platform flexibility, security attributes and demonstration effectiveness. This year's products were judged by a panel of distinguished industry experts, and awards were presented at a ceremony held on Wednesday, March 25. ''InterSite really impressed me. I've heard people talking about this sort of personalization technology for years. InterSite is the first real solution I've seen that actually does it,'' said James J. Szmak, senior director of eBusiness Operations for 3COM Corporation, an ICE speaker, and an Internet Open judge. ''I firmly believe that every web site should tailor its content to its visitors. InterSite's intuitive technology and extensive capabilities give vendors the ability to actually do it.'' InterSite is intelligent server-side software that understands individual on-line customers and dynamically presents personalized content. This intelligent personalization software tracks visitors' online behavior and learns their interests, preferences and needs. It delivers the content (advertising, product, service, promotional information) that is tailored to them - individually. Enabling seamless real-time tracking of web visitors, InterSite assists in the sales process and builds customer loyalty by tailoring web content to individual visitors. It identifies market segments, detects buying patterns, and enables vendors to evaluate the value of site content, target online marketing programs, and cross-sell more effectively. InterSite has been adopted by such industry leaders as Lycos, Inc. and Edward Jones. Founded in 1975 and headquartered in Providence, RI, Nestor, Inc. is a leading provider of innovative, neural-network solutions for data-intensive, mission-critical decision applications. Nestor provides intelligent systems for financial, internet, and transportation industries. Offerings include risk management solutions, interactive digital database and marketing software, and a suite of tools for real-time traffic management. By incorporating its patented pattern recognition technologies in real-time applications, Nestor provides each market segment with solutions that address their critical issues and needs. Nestor products are sold direct throughout the US and by selected partners worldwide. For more information, call 401-331- 9640 or visit www.nestor.com. InterSite is a trademark of Nestor, Inc. All other company and product names are trademarks or registered trademarks of their respective companies. SOURCE: Nestor, Inc.