To: terri acey who wrote (8502 ) 12/14/1998 7:21:00 AM From: tonto Read Replies (1) | Respond to of 9343
Company Press Release SOURCE: Infoseek Corporation Infoseek Gets GO Network Ready To Go SUNNYVALE, Calif., Dec. 14 /PRNewswire/ -- Infoseek Corporation (Nasdaq: SEEK - news) today introduced the test version, called a ''beta,'' of GO Network (http://beta.go.com). GO Network is a tightly integrated collection of Web sites designed to go beyond the standard Internet portal experience and connect with people in the areas they care most about in their daily lives. The beta release of GO Network is the product of an alliance formed by Infoseek Corporation and The Walt Disney Company. ''This is the first fruit of an alliance that combines deeper and broader assets in technology, innovative design, brand equity and marketing, and promotion than any other entity on the Internet,'' said Harry Motro, president and CEO of Infoseek. ''It's our first major milestone, and we invite our users to help us make it even better.'' The beta is intended to offer users an opportunity to explore the site and offer input to the company about how to improve the service. Users can offer feedback throughout the site by clicking on ''contact us'' links and a ''GO beta feedback'' link on every search results page. New features will be rolled into the site during the beta period. GO Network will be officially launched in early 1999, and will offer users the first portal built from the ground up and integrating premier brands such as ABC, ABC News, Disney, ESPN, Mr. Showbiz, Infoseek and many others. The beta release can be accessed at beta.go.com , via a button at www.infoseek.com or through a jump page at www.go.com. About Infoseek Infoseek Corporation (Nasdaq: SEEK - news) is a premiere global media network enriching people's daily lives by combining integrated Internet services with leading consumer brands. On November 18, 1998, Infoseek completed the acquisition of Starwave Corporation, which was principally-owned by The Walt Disney Company (NYSE: DIS - news). In connection with that transaction, Disney became Infoseek's principal shareholder, holding 43% of Infoseek's outstanding common stock. Disney also purchased warrants from Infoseek enabling it to acquire a majority stake in Infoseek over time. Infoseek has commerce and/or content arrangements with entities that include AT&T, autobytel.com, Borders Group, Inc., CMP Media, Inc, Datek Online, Inc., Microsoft Corporation, PeopleLink, Inc., UPS, and Reuters. In addition, Infoseek licenses its Ultraseek Server search and navigation software to companies for their own intranet, extranet and Internet sites. Infoseek is headquartered in Sunnyvale, Calif. Infoseek, Extra Search Precision, Ultraseek and the Infoseek logo shown are trademarks of Infoseek Corporation, which may be registered in certain jurisdictions. Other trademarks are the property of their respective owners. This press release contains forward-looking statements regarding GO Network and the timing of development and launch of additional features and content on GO Network that are subject to risks and uncertainties. Actual results may differ materially from those set forth in such statements as a result of a number of factors, including but not limited to the Company's ability to develop and launch such additional aspects of GO Network, to acquire additional content through establishment of relationships with third parties, the costs and timing of promotion of GO Network, consumer acceptance and use of the new service, and the increasingly competitive nature of the Internet market.