Euroseek and Netscape announce search engine adoption agreement

Euroseek and Netscape Announce Search Engine Adoption Agreement The Swedish company Euroseek today signed an agreement with Netscape Communications, a subsidiary of America Online, Inc. (NYSE: AOL) to act as the search engine on nine Netscape® Netcenter portals in Europe. In addition, Euroseek announced it would license Netscape's Open Directory Project, the largest human-edited directory in cyberspace. The agreement will lead to an extensive exposure for the Euroseek brand and for more specific local searches by users of European Netcenter sites. The Swedish company Euroseek (www.euroseek.com), which offers Internet services such as portals, search facilities, information, maintenance, e- commerce and broadband access has consolidated its position as one of the big players in the market for search engines by providing its search features to the millions of European users of Netscape Netcenter. "Our agreement with Netscape gives us greater weight in Europe," said Peter de Verdier, Euroseek Vice President for Marketing and Sales. "The exposure gained from our relationship will lead to increased traffic at the same time benefiting the European users of the Netscape brand by providing them with localized search options." Under terms of the pan-European agreement, users of the Netcenter portals in Sweden, Denmark, Portugal, Germany, France, Italy, the Netherlands, Spain and Great Britain will have direct access to Euroseek's comprehensive search engine. Users of localized versions of the new Netscape 6 browser will be able to benefit from Euroseek search results via the Web search field in the main browser toolbar for easy and quick access to search results. Euroseek, in turn, will license data from the Netscape's Open Directory Project (ODP), currently the largest human-powered search directory with over 1.6 million sites in over 260,000 categories, compiled and organized by over 23,000 editors worldwide. Euroseek's adoption of the ODP will assure that its users will be receiving the most up-to-date and relevant search results by employing the industry's first freshness dating system delivering less than one-percent dead links. "We are excited by our partnership with Euroseek and the ability to draw from their European expertise," said John Heins, Netscape Vice President for Sales and International Operations. "Through Euroseek's established leadership in the search field and their adoption of the ODP, the European users of Netscape properties will have easy access to relevant regional search results." For more information, please contact: Peter de Verdier, Vice President Marketing and Sales, Euroseek, on +46 70 20 90 670, or by e-mail at peter.deverdier@euroseek.net Derick Mains, Communications Manager, Netscape Communications on +1 650 937 4927, or by e-mail at dpmains@aol.com Euroseek (www.euroseek.com) is one of the leading European Internet services with its own Internet access based on wireless broadband technology, and offers a wide range of Internet services as well as its own search engine. The Euroseek portal and its content is designed uniquely for every country in Europe and exists in 39 languages. Euroseek aims to offer good value Internet access, relevant information, multimedia, entertainment, services and e-commerce for all Europeans, quickly and securely, whenever and wherever required. The headquarters of Euroseek is in Stockholm, Sweden, with almost 100 employees, a portal traffic of 28 million visits and 109 million page views per month. Netscape is a leading provider of software and services for businesses that want to transform the way they create and keep customers in the emerging Net Economy. A subsidiary of America Online, Inc., Netscape is based in Mountain View, California. Additional information on Netscape is available on the Internet at http://home.netscape.com, by sending email to info@netscape.com, or by calling corporate sales at 1 650/937-2555. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/27/20000626BIT00800/bit0001.doc http://www.bit.se/bitonline/2000/04/27/20000626BIT00800/bit0002.pdf