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InfoSpace Named to Fortune`s e-50 Index


InfoSpace`s vision, rapid evolution, global presence and expansive reach firmly establish the company as a leader in the Internet economy

BELLEVUE, Wash., Sept. 7 /PRNewswire/ -- InfoSpace (Nasdaq: INSP - news), a leading global provider of merchant and consumer infrastructure services for wireless and other platforms, today announced that it has been named to Fortune Magazine`s e-50 Index, an honor given to the fifty companies Fortune editors believe best represent the Internet economy.

(Photo: http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO)
``This announcement is a testament to the widespread adoption of our device independent services and further validates our position as a leader in the Internet economy,`` said Arun Sarin, CEO of InfoSpace. ``Today, InfoSpace services have an unduplicated reach of 92 percent of all Internet users and access to more than 88 percent of US wireless subscribers. We are fundamentally changing the way people around the world communicate, access information, conduct commerce and manage their lives anytime, anywhere, from any device.``

InfoSpace`s wireless services have been selected by leading carriers worldwide to serve as the foundation for their roll out of mobile Internet services. In the US, 4 of the top 5 carriers have all launched wireless Internet services built on the InfoSpace platform. These include Verizon Wireless, AT&T Wireless, SBC Wireless and ALLTEL.

InfoSpace`s merchant services are available through InfoSpace`s broad distribution network including all of the regional bell operating companies that are subsidiaries of BellSouth, SBC, Verizon and Qwest and top merchant banks including American Express and Bank of America.

InfoSpace`s consumer services reach more than 92 percent of all Internet users through the company`s affiliate network which has grown to more than 3,100 Web sites including AOL, Microsoft, Lycos, Disney`s GO Network and NBC`s Snap.

InfoSpace`s recent announcement that they have entered into an agreement providing for the acquisition of Go2Net positions the company to tap the market for broadband wired (DSL and cable) and broadband wireless (2.5G and 3G) services such as interactive gaming, television and other entertainment services. In addition, the announcement brings full back end payment processing to InfoSpace`s existing commerce services, allowing InfoSpace to offer everything a merchant needs to conduct the entire lifecycle of a transaction, one of the key drivers of mobile commerce adoption.
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Yours digitally
KiKo
 
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Autor (Datum des Eintrages): KiKo  (07.09.00 16:37:54)
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