(BSNS WIRE) barnesandnoble.com Unveils Distribution and E-commerce Agree barnesandnoble.com Unveils Distribution and E-commerce Agreement With NBC's Snap.com Business Editors NEW YORK--(BUSINESS WIRE)--June 1, 1999-- Millions of books available to Snap.com's millions of users barnesandnoble.com (http://www.bn.com), a leading Internet commerce site for booklovers, together with NBC and CNET's Snap.com (http://www.snap.com), the fastest-growing Internet portal, today announced a book selling agreement that enables users of Snap.com to access millions of book titles. Under terms of the agreement, each Snap.com search result page will feature a barnesandnoble.com "buy books" link relating to the subject of each search. Clicking the "buy books" link will take users to a co-branded Snap.com/barnesandnoble.com search result page with books related to their initial searches on Snap.com. "Working with Internet leaders such as Snap.com, we further our commitment of making our broad selection and online experience available to a wide audience on the Web," said Carl Rosendorf, senior vice president, barnesandnoble.com. Terms of the agreement were not disclosed. barnesandnoble.com will be responsible for order processing, customer service, and fulfillment. "With barnesandnoble.com's commitment to book buyers, this partnership will further Snap.com's goal of connecting users to exactly what they are looking for on the Internet," said Sam Parker, Vice President, Snap.com. "This agreement exemplifies Snap.com's commitment to creatively drive qualified traffic to our e-commerce partners." Snap.com becomes a member of the barnesandnoble.com Affiliate Network. Members of the Affiliate Network can sell books, magazines, and other related products on their sites by linking to barnesandnoble.com. About barnesandnoble.com Since launching its online business in May 1997, barnesandnoble.com quickly has become one of the world's largest Web sites and is the fifth largest e-commerce retailer, according to Media Metrix. Focused largely on the sale of books and related products, the company has capitalized on the recognized brand value of the Barnes & Noble name to become the second-largest, and one of the fastest growing, online distributors of books. Customers can choose from millions of new and out-of-print titles and enjoy a variety of related content such as author chats, book synopses and reader reviews. The site also offers thousands of bargain books discounted up to 91 percent, the most popular software and magazine titles, as well as gift items for every occasion. With access to Barnes & Noble's more than 750,000 in-stock titles, barnesandnoble.com has the largest standing inventory of any online bookseller ready for immediate delivery. The URL, bn.com, makes finding the site easy, and its Express Lane single-click ordering process ensure fast and convenient purchasing. The barnesandnoble.com affiliate network has more than 120,000 members and the company maintains strategic alliances with major Web portals and content sites, such as AOL, Lycos and MSN. The company is also a leader in business-to-business e-commerce with its unique Business Solutions program. About Snap.com Snap.com, the Internet portal service company from NBC and CNET (Nasdaq: CNET), operates the Snap.com flagship portal service (http://www.snap.com) and the newly launched Snap.com For Higher-Speed Users (http://speed.snap.com), the first-ever service of its kind. Snap.com's Internet portal services offer users powerful ways to organize and find anything on the Internet. Snap.com's Internet portal services feature content from over 100 leading Web publishers and are distributed by more than 70 leading Internet Service Providers, telephone and communications companies, PC manufacturers and third-party marketers. At the heart of Snap.com's portal services is a directory of Web sites and over 500 resource centers, built by a team of editors and reviewers to ensure quality, freshness and usefulness. Users may either search the Snap directory by using keywords, or browse through the directory's 16 topic categories. Snap.com, the fastest-growing Internet portal, is slated to be merged with several NBC Internet assets and XOOM.com, Inc. (NASDAQ: XMCM), the fastest-growing community-based site on the Web and a leading direct e-commerce services company, to form the seventh-largest Internet site and the first publicly traded Internet company integrated with a major broadcaster. The new company, to be called NBC Internet (NBCi), will use Snap.com as its umbrella consumer brand, integrating broadcast, portal, and e-commerce services. According to Media Metrix, Snap.com currently has over 8.57M unique users per month and Xoom.com has over 8.80M users per month. |