Monday April 26, 8:05 am Eastern Time
REDMOND, Wash., April 26 /PRNewswire/ -- InfoSpace.com (Nasdaq: INSP - news), a leading provider of private label solutions for content, community and commerce to Web sites and Internet appliances, and the Pixel Company, a privately-held developer of a new technology that expands the computer screen's real estate, today jointly announced that InfoSpace.com has licensed Pixel's technology that utilizes previously unused pixels located in the overscan area of the desktop to develop a new private label desktop portal solution for InfoSpace.com's affiliate network. InfoSpace.com's affiliate network consists of more than 1,500 Web sites including America Online, The Microsoft Network, Netscape and Lycos.
Desktop portals will be the first mass market application that will be able to utilize the area on the desktop that has never been used by Microsoft's Windows operating system. This overscan area on the desktop can not be accessed by any other Windows application and thus desktop portals will always be accessible to the user irrespective of any application that they may be using.
``We are developing a new product that is designed to change the way Web sites communicate with their users. This new product will allow personalization by providing an Internet toolbar that will always appear in front of the user regardless of the application they are using or Web site they are browsing,'' said Naveen Jain, chairman and CEO, InfoSpace.com.
``InfoSpace.com was an obvious choice to bring our technology to the market. With an established customer base of more than 1,500 Web sites they have the ability to distribute these new types of private label solutions that can lie outside of the operating system. We see tremendous value and growth opportunities for the desktop portals and with InfoSpace.com's proven track record of distributing private label content, communities and commerce solutions, we expect this will be adopted by the most popular sites on the Internet,'' said Bob Steinberg, chairman and CEO of the Pixel Company.
About The Pixel Company
The Pixel Company, formerly a subsidiary of Ark Interface II, delivers revolutionary products and technology through ingenious use of digital real estate to give computer users a revolutionary, yet simple alternative to the way information is gathered, received and displayed. Pixel's products such as MySides and MySpace Online utilize new digital real estate and 3-D interface technology for the Internet. With MySides, Pixel becomes the first company to offer technology that allows applications to function outside the Windows operating system. For more information, visit the Pixel Company Web site at www.thepixelcompany.com and www.myspaceonline.com.
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, including statements regarding the attributes and benefits of the desktop portal, 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 rate of adoption by advertisers of the Internet as an advertising medium, market acceptance of our products and services, competition and rapid technological change. A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in the Company's final prospectus dated March 31, 1999 Annual Report on Form 10-K, 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.