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To: BeRichLikeMe who wrote (195)12/28/1998 3:41:00 PM
From: MoneyMade  Respond to of 345
 
SLEU---It don't get no betteriSleuth.com In Alliance with Inktomi For Development Of New Comparative E-Commerce Shopping Service
FORT LAUDERDALE, Fla., Dec. 10 /PRNewswire/ -- iSleuth.com (OTC Bulletin Board: SLEU - news) today reported that it has entered into an agreement with Inktomi (Nasdaq: INKT - news) for the development of a new comparative e-commerce shopping service that will utilize a new software platform Inktomi currently has under development. iSleuth.com's new e-commerce service, the iSleuth Marketplace, will provide access to over 200 online merchants and 500,000 products, encompassing 14 major product categories.

''The iSleuth Marketplace, as well as our new alliance with Inktomi that has enabled its development, represents a major step forward in our efforts to build the iSleuth.com site into a one-stop portal for Internet users,'' said John J. Bennett, Chairman, President and CEO of iSleuth.com. ''Once completed, we expect the iSleuth Marketplace to represent a new and powerful way for consumers to quickly and easily identify and purchase those products which best fit their needs. With our average monthly site traffic now at approximately 350,000 visitors and growing, we see it as an important opportunity to significantly expand site traffic and e-commerce revenues.''

Users of the iSleuth Marketplace will be able to search for and purchase products in categories such as Apparel & Jewelry, including Children's Apparel, Jewelry, Men's Apparel; Books & Magazines; Computer & Video Games; Computer Hardware; Computer Software; Consumer Electronics, including Camcorders, Cameras & Optical Equipment, Car Audio Equipment; Flowers & Cards; Gift Items, including Babies & Kids, Candles, Candy; Home & Garden, including Appliances, Bed & Bath, Cookbooks; Movies & Videos; Music; Office Supplies; Sporting Goods; and Toys & Games. A preview version of the iSleuth Marketplace can be seen at the iSleuth.com Web site, located at isleuth.com.

Based in San Mateo, California, Inktomi develops and markets scalable software designed for the world's largest Internet infrastructure and media companies. Inktomi's products include the world's largest search engines, online comparison shopping solutions and carrier-class network cache software. Inktomi works with leading companies including America Online, @Home Network, CNET, Intel, Microsoft, RealNetworks, Sun Microsystems, and Yahoo!

iSleuth.com owns and operates the Isleuth.com Web site, isleuth.com, home of The Internet Sleuth, considered by many leading industry experts to be one of the Web's premier and most powerful search engines. The Internet Sleuth site and search engine was originally founded in 1995 as a non-commercial site designed to meet the needs of institutional and educational researchers. It was acquired by Isleuth.com in 1998, at which time the Company embarked on its current program to accelerate its commercial development. The Company's business plan calls for building on its current foundation to develop the Isleuth.com site into an Internet gateway that will serve as a home base for Internet users.

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.

SOURCE: iSleuth.com

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More Quotes
and News: INKTOMI CORP (Nasdaq:INKT - news)
Isleuth.Com Inc (OTC BB:SLEU - news)
Related News Categories: computers, internet, software



To: BeRichLikeMe who wrote (195)12/28/1998 3:53:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 345
 
Does the CEO has anything to announce on CNBC tomorrow which might further boost the stock price tomorrow other than the press releases which we have seen already? Appreciate any input from anyone.

PS:I did pick up some shares this am.