Any news is good news...
Wednesday March 31, 8:30 am Eastern Time
Company Press Release
SOURCE: The Kushner-Locke Company; Lycos, Inc.
1-800-U.S. Search Signs with Lycos Network in an Estimated $5 Million
Sponsorship Deal
LOS ANGELES, March 31 /PRNewswire/ -- The Kushner-Locke Co.'s (Nasdaq:
KLOC - news) majority owned subsidiary 1-800-U.S.SEARCH (SEARCH), and
Lycos (Nasdaq: LCOS - news), the second most visited hub on the Internet
and the world's largest online community, today announced an advertising
and promotion agreement estimated at $5 million to provide users of the
Lycos Network with the ability to conduct searches through the 18
00USSEARCH.com Public Records Portal.
Under the terms of the two-year agreement SEARCH will be the exclusive
public records re-seller on the Lycos Network. Lycos users will access
SEARCH through banners, buttons, text links and keyword searches.
SEARCH CEO, Nick Keating, stated, ''We are very excited to align
ourselves with Lycos to offer our extensive public record services to
their vast network on the Internet. We look forward to the success and
continued growth of our relationship.''
Dave Peterson, Lycos vice president said, ''Our alliance with SEARCH is
mutually beneficial because our extensive network gives SEARCH broad
exposure, and the services they provide will be useful to our nearly 30
million users.''
About Lycos
Founded in 1995, Lycos, Inc. (Nasdaq: LCOS - news) is a leading Web
media company and owner of the Lycos Network, the second most visited
hub on the Internet reaching nearly 50 percent of Web users. The Lycos
Network is a unified set of Web sites that attracts a diverse audience
by offering a variety of services, including leading Web navigation
resources, homepage building and other Web community services and a
comprehensive shopping center. The Lycos Network is composed of premium
sites: Lycos.com, Tripod, WhoWhere, Angelfire, MailCity, HotBot,
HotWired, Wired News, Webmonkey, Suck.com and MyTime.com. Lycos.com (
lycos.com), ''Your Personal Internet Guide,'' is dedicated to
helping each individual user locate, retrieve and manage information
tailored to his or her personal interests. Headquartered near Boston in
Waltham, Mass., Lycos, Inc. is a global Internet leader with a major
presence throughout the U.S., Europe and Asia.
On February 8, 1999, Lycos, Inc. entered into agreements with USA
Networks, Inc. (USAi) and Ticketmaster Online-CitySearch, Inc. (TMCS).
Under the agreements, Lycos, TMCS and USAi's Home Shopping Network,
Ticketmaster and Internet Shopping Network/First Auction will be
combined to form a company to be named USA/Lycos Interactive Networks,
Inc. The formation of USA/Lycos is subject to the approval of the Lycos
stockholders and customary regulatory approvals.
About SEARCH
SEARCH, through its, 1800ussearch.com web site and its toll-free
1-800-US SEARCH telephone services, provides a broad range of public
record information and search services to individuals, and corporate and
professions clients. SEARCH's current services are primarily used for
the purposes of locating people, conducting background checks, identity
verification, national court records searches and adoption reunion
services and are available 24 hours a day, 7 days a week. SEARCH
supports these services with trained live search specialists and client
service personnel available online or via telephone.
The Kushner-Locke Company is a leading independent producer and
distributor of feature films, direct to video films, television series,
made for television movies, mini-series, and animated programming for
theaters, network, and cable television. Other operations include
satellite channel, Gran Canal Latino and the Public Record Portal,
1-800-U.S.SEARCH. Visit our Web site at www.kushner-locke.com.
Lycos® is a registered trademark of Carnegie Mellon University. All
other product or service marks mentioned herein are those of Lycos or
their respective owners.
SOURCE: The Kushner-Locke Company; Lycos, Inc. |
