PAGE deal with Yahoo. . . .News March 4, 08:14 Eastern Time
SANTA CLARA, CALIF. (March 4) BUSINESS WIRE -March 4, 1999--Yahoo! Inc. (Nasdaq: YHOO), a global Internet media company, and PageNet(R) (Nasdaq: PAGE), a leader in wireless messaging and information, today announced an agreement to offer Yahoo!(R) branded information to PageNet's wireless subscribers.
Under the agreement, PageNet will distribute Yahoo!'s personalized Internet services including personalized content, Yahoo! Mail and Yahoo! Calendar on a nationwide basis. The companies expect to make service available in the second quarter of 1999.
Yahoo! users nationwide will have wireless access to personalized content through their PageNet pagers and other PageNet wireless devices. PageNet will deliver the co-branded services including personalized news features, stock quotes, weather, sports scores,
horoscopes, email and calendar functions.
In addition, dedicated links will appear on the users' co-branded PageNet My Yahoo! page. Yahoo! users can link directly to PageNet's Web site where they can subscribe to content or purchase paging service and equipment.
The service will also enable users to receive alerts from their Yahoo! Calendar. With this functionality, users will be able to specify preferences for receiving notification in advance of important meetings or appointments. Users also will be able to receive email messages
on their pagers via Yahoo! Mail that meet specific user-defined criteria.
For example, preferences can be created to forward only urgent email messages, or messages from a designated sender. This personalized service will provide users with a mechanism to receive important email, via their pager, on a priority basis.
"Our goal has always been to make Yahoo! available to users of any device, from any access point, at any time," said Ellen Siminoff, vice president of business development
and strategic planning, Yahoo! Inc. "As part of our 'Yahoo! Everywhere' strategy, we are committed to distributing Yahoo! services through a range of PC, access, device and communication providers. With this service, users will be empowered by Internet
functionality without being tied to a home or office PC."
"PageNet's partnership with Yahoo! is an important step as we continue to move forward in turning our Web-to-wireless vision into reality," said Bill Binning, vice president of marketing for information services, PageNet.
"Last year, more than 40 million messages were sent to PageNet subscribers via the Internet. But we've only scratched the surface: the ability to access all types of information without being tethered to a PC is the next logical step for Internet users. In teaming with Yahoo!, we have joined with a brand that has become synonymous with innovation and success in this medium."
PageNet has developed a proprietary information services platform, or "content engine," that enables it to efficiently unleash the powerful advantage of paging's multicast technology. This will allow users to select and receive personalized information at a fixed
monthly subscription rate in addition to their monthly paging service fee. This compares
with other information services, which charge on a per-message basis.
About PageNet
PageNet (Nasdaq: PAGE) is the leading provider of wireless messaging and information services with 10 million subscribers in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico, Canada and Spain. The company offers a full range of paging and advanced messaging services, including assured-delivery messaging, two-way wireless email, and global messaging.
Additionally, the company develops integrated wireless solutions to increase productivity and improve performance for major corporations. Detailed information and coverage maps for PageNet service are available on the Internet at pagenet.com.
About Yahoo!
Yahoo! Inc. is a global Internet media company that offers a branded network of comprehensive information, communication and shopping services to millions of users
daily. As the first online navigational guide to the Web, (http://www.yahoo.com) is the single largest guide in terms of traffic, advertising, household and business user reach, and is one of the most recognized brands associated with the Internet.
The company has 18 international Web properties outside the United States. Yahoo! has offices in Europe, Asia Pacific and Canada and is headquartered in Santa Clara.
Note to Editors: Yahoo! and the Yahoo! logo are registered trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 This news release contains forward-looking statements or predictions. These statements represent our judgment as of this date and are subject to risks and uncertainties that could
cause actual results or events to differ materially from those expressed in such forward-looking statements. Potential risks and uncertainties include, without limitation, those associated with economic conditions, government regulations and delays or other
problems with product development. These and other factors are discussed in more depth in both companies' filings with the SEC, copies of which may be accessed through the SEC's World Wide Web site at sec.gov.
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CONTACT: Yahoo! Inc.
Sarah Ross, 408/530-5172
sross@yahoo-inc.com
or
Niehaus Ryan Wong, Inc.
Nicki Dugan, 650/827-7062
nicki@nrwpr.com
or
PageNet
Scott Baradell, 972/801-8180
scott_baradell@pagenet.com |
