Wednesday April 14, 8:02 am Eastern Time
Company Press Release
SOURCE: InfoSpace.com, Inc.
InfoSpace.com Announces That More Than 2,500 Merchants and Catalogs Offering Over Several Million Products and Services Will Be Integrated in ActiveShopper
The Number of Merchants and Catalogs in ActiveShopper Is Several Times Larger Than Any Previous Generation of Shopping Products; ActiveShopper Will Offer Affiliates and Users the Most Comprehensive Private Label Shopping Product to Be Available on the Internet
REDMOND, Wash., April 14 /PRNewswire/ -- InfoSpace.com (Nasdaq: INSP - news), a leading provider of private label solutions for content, community and commerce to Web sites and Internet appliances, today announced that ActiveShopper will go live next month with more than 2,500 merchants and catalogs integrated, creating what it believes is the Internet's most comprehensive private label shopping solution. Using ActiveShopper, InfoSpace.com will give its affiliate network the ability to offer their users several million products and services for purchase on their site. InfoSpace.com's affiliate network consists of over 1,500 Web sites and Internet appliances.
InfoSpace.com's merchants and catalogs will include brand names such as Amazon.com, Ebay.com, Barnes and Noble.com, Cyberian Outpost, CDNow.com, Brookstone, Critic's Choice, Hammacher Schlemmer, Harry and David, J. Jill, Jackson and Perkins, Lane Bryant, Neiman Marcus, Northwest Express, One Hanes Place, Patagonia and SelfCare.
''With ActiveShopper, we've created the next generation of shopping on the Internet that we believe will define the standard of how users shop,'' said Naveen Jain, chairman and CEO, InfoSpace.com. ''This is extremely important because in a very short time, the Internet will become a very different place. Users will go to one Web site for all their content, community and shopping needs. This, combined with our other private label content and community solutions, will enable Web sites to reinvent themselves as we enter the next generation of the Internet.''
About ActiveShopper
ActiveShopper is the next-generation private label e-commerce solution that is designed to change the way people shop on the Internet. Leveraging the Company's patent-pending technology, ActiveShopper combines decision-making services and merchandising for several million products and services available from more than 2,500 merchants and catalogs, into a one-stop shopping area, providing the most comprehensive shopping solution available. Users will be able to go to any InfoSpace.com affiliate site which carries ActiveShopper to research, buy and obtain special promotions for products, thus bringing the loyalty of users back to the Company's affiliate sites. ActiveShopper will also enable InfoSpace.com's affiliates to become the merchant themselves and bypass e-merchants by giving them an option to directly order from the wholesalers or manufacturers.
About InfoSpace.com, Inc.
InfoSpace.com is a leading provider of private label solutions for content, community and commerce to Web sites and Internet appliances. InfoSpace.com's affiliate network consists of more than 1,500 Web sites. The Company's affiliates include AOL, Netscape, Microsoft, Lycos, go2net Inc.'s MetaCrawler, Dow Jones (The Wall Street Journal Interactive Edition), ABC LocalNet and CBS's affiliated TV stations. In addition, InfoSpace.com has agreements with a number of providers of Internet access devices including PCs by Acer America and The Pixel Company (for Packard Bell NEC), cellular phones by AT&T Wireless and UnWired Planet, pagers by WolfeTech (for Motorola), screen phones by InfoGear, Mitel, Mitsui and Lucent, television set-top boxes by American Interactive Media, @Home, Lucent, On Command, Planetweb and Source Media, online kiosks by King kiosk platform and Lexitech kiosk platform, and personal digital assistants by AT&T Wireless, InfoGear and Unwired Planet.
This release contains forward-looking statements relating to the development of the Company's products and services and future operating results that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words ''believe,'' ''expect,'' ''intend,'' ''anticipate,'' variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of our products and services and the timing of market acceptance of those products and services. A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in the Company's Annual Report on Form 10K, in the section entitled ''Factors Affecting InfoSpace.com's Operating Results Business Prospects And Market Price Of Stock.'' Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
SOURCE: InfoSpace.com, Inc.
-------------------------------------------------------------------------------- |
