Inktomi shopping engine concerns me:
Momentum Builds for Inktomi Shopping Engine
Broad Support from 15 Portals and 300 Merchants Provides Fast Access to One Million Products
SAN MATEO, Calif.--(BUSINESS WIRE)--March 16, 1999--Inktomi Corp. (Nasdaq:INKT - news), developer of scalable Internet infrastructure software, today announced support from a broad range of leading Internet companies for its online shopping platform, the Inktomi Shopping Engine. Fifteen portals and over 300 leading online merchants have signed agreements to work with Inktomi on the buildout of its powerful commerce services.
Leading portal and destination sites including Infoseek, operator of GO Network, CNET and NBC's Snap, CNNfn, Delphi Forums, FamilyEducation Network, Fox Sports Online, FreeShop, GeoCities, iSleuth.com, LookSmart, PeopleWeb, Softnet's ISP Channel, TV Guide Online, W3 Networks, and ZDNet have signed agreements to incorporate the Inktomi shopping platform into their sites. A number of Inktomi partners are already running ''Preview Release'' versions of the product search functionality on their sites, and plan to incorporate new capabilities as they are introduced over the coming months.
''Commerce revenue streams have become a strategic requirement for portals and destination sites,'' said David Peterschmidt, chief executive officer of Inktomi. ''By providing the heavy machinery to help users compare and purchase millions of products across the Web, we're enabling our partners to concentrate on building customer relationships and unique content.''
The Inktomi Shopping Engine, scheduled for full availability next quarter, provides Internet shoppers with fast search access to over one million products across the Web. The Inktomi Shopping Engine is designed to provide a platform for portals and destination sites to deliver end-to-end shopping services including product and price comparison shopping, feature comparisons and research, and expert recommendations. All of these services can be tightly integrated with content and Web searching functionality throughout a site.
In addition, over 300 of the Web's most prominent merchants have signed agreements to incorporate their products into the Inktomi Shopping Engine. The current database of over one million products spans 14 categories including Apparel & Jewelry, Books & Magazines, Computer/Video Games, Computer Hardware, Computer Software, Consumer Electronics, Flowers & Cards, Gifts, Home & Garden, Movies & Videos, Music, Office Supplies, Sporting Goods, and Toys & Games.
The Inktomi Shopping Engine and the Inktomi Search Engine comprise the company's ''private label'' portal services business. These services provide a customizable, turnkey platform enabling portals to rapidly deploy revenue-generating services that enhance user loyalty and satisfaction. Inktomi's portal services combine the scalability of Inktomi's core technology with a highly customizable architecture that allows each site to build a differentiated and innovative offering.
About Inktomi
Based in San Mateo, Calif., Inktomi (pronounced INK tuh me), 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, GeoCities, Intel, RealNetworks, Sun Microsystems, and Yahoo!. The company has offices in North America, Europe, and Asia. For more information, visit www.inktomi.com.
-0- Note to Editors:
Copyright (c) 1999 INKTOMI CORPORATION. All Rights Reserved. Inktomi, Traffic Server, Scaling the Internet and the tri-colored cube logo are all trademarks of Inktomi Corporation. All other company and product names referenced herein are the trademarks or registered trademarks of their respective holders.
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