NEWS!
go2net, Inc. Announces Ecommerce Relationship With Wave Systems, Opening
Of New York City Sales Office
PR Newswire, Friday, May 22, 1998 at 00:48
SEATTLE, May 20 /PRNewswire/ -- go2net, Inc. (NASDAQ:GNET) announced
today that it has recently signed substantial agreements with advertisers for
placement on its finance, games, search and shopping sites. Wave Systems
Corporation's (OTC BB:WAVX) "Great Stuff Network" was named the exclusive
Electronic Software Distributor on go2net's Metacrawler Marketplace. Other
recent additions to the Marketplace have included Golf Discount, DVD Flix and
PetQuarters.
MetaCrawler Marketplace is a unique, high-visibility marketing opportunity
for advertisers in today's busy online market. go2net's network of sites
attracts over 4 million unique users per month, and the Marketplace leverages
the high traffic of go2net's popular metasearch service, MetaCrawler, allowing
advertisers to reach consumers through prominent front-page link placement.
This program also allows advertisers exclusive ownership of specific
categories in the mall-like setting of the Marketplace.
The current list of advertisers includes well-known online brands such as
CDNow, Cyberian Outpost, CarSmart and Patagonia. The Marketplace also offers a
venue for the service-oriented advertiser, such as HomeShark for Real Estate
and Robert Half for the Career Center.
"Our agreement with go2net will place the Great Stuff Network in front of
millions of savvy consumers," says Steven Sprague, president of Wave Systems.
"This relationship will drive added revenue for our software vendors and
increase Wave's overall sales."
"The addition of a quality ESD partner to Marketplace was a great step for
us," said John Keister, go2net's COO. "We have seen strong growth in the
number of Marketplace partners this quarter, both in the products area and in
the services area. We are also pleased with the advertising sales progress on
StockSite and on PlaySite."
Additionally, go2net has recently opened a New York sales office to
facilitate its advertising sales on the East Coast. This office will primarily
service the New York, Boston, Philadelphia, and Washington, D.C. markets.
Further, the recently-announced acquisition by go2net of Silicon Investor,
a premier personal finance site, will help place go2net's network of premier
niche sites as being among the most trafficked on the Web, underscoring its
expanding Web presence.
About Wave Systems Corp.
Wave Systems Corp., formed in 1988 by Peter Sprague, former Chairman of
National Semiconductor, has developed a unique distributed information
metering and transaction processing service, called the Wave System, for use
in the sale and distribution of a wide range of electronic content for
consumer entertainment and education applications. The Wave System gives
content providers security and flexible transaction models and consumers the
convenience and control of obtaining content via the Internet through Wave's
Great Stuff Network ( great-stuff.com ), and planned CD-ROM and
broadband delivery channels. For more information, please visit Wave's
corporate Web site at ( wave.com ).
About go2net, Inc.
go2net, Inc. ( go2net.com ) offers a network of
technology-driven, premier niche Web sites, and develops unique Java
technologies. go2net's properties include: MetaCrawler
( metacrawler.com ), a search/index guide that combines various
existing search/index guides into one service (a "metasearch engine");
PlaySite ( playsite.com ), a Java-based multi-player online games
network; and StockSite ( stocksite.com ), which offers proprietary
articles, portfolio tracking tools, company research and news relating to
business and finance. The Company's go2net Labs division develops innovative
technologies for use on the go2net sites, and for licensing to other Internet
companies.
This announcement contains forward-looking statements that involve risks
and uncertainties, including those relating to the company's ability to grow
its user and advertiser base. Actual results may differ materially from the
results predicted and reported results should not be considered as an
indication of future performance. The potential risks and uncertainties
include, among others, the Company's extremely limited operating history, the
competitive environment in which the Company competes, the early stage of the
Web as an advertising medium, the Company's dependence on advertising revenues
and the Company's dependence on strategic relationships to drive traffic to
its Web sites. More information about the potential factors that could affect
the Company's business and financial results is included in the company's
Annual Report on Form 10-K for the year ended September 30, 1997, and
quarterly report on Form 10-Q for the quarter ended December 31, 1997, which
are on file with the Securities and Exchange Commission.
SOURCE go2net, Inc.
-0- 05/20/98
/CONTACT: Kirby Winfield of go2net, Inc., 206-447-1595, or fax,
206-447-1625, or kirby@go2net.com; or Jennifer McLean of Insync
Communications, 503-412-3642, or fax, 503-221-6953, or
jenniferm@insync-pr.com, for go2net; or Kent Kappen of Wave Systems Corp.,
408-261-9510, or kkappen@wavesys.com/
/Web site: stocksite.com
/Web site: playsite.com
/Web site: great-stuff.com
/Web site: wave.com
/Web site: go2net.com
Companies or Securities discussed in this article:
Symbol
Name
NASDAQ:GNET
BB:WAVX |
