Boca Raton, Florida, February 25, 2000 – iiGroup, Inc.(OTCBB:iiGR
- news) today announced that its Travlang.com
subsidiary had entered into an agreement with Alta
Vista to provide content to the AltaVista
Live Network. This licensing agreement will enable users of the AltaVista
Live! World Channel (www.world.altavista.com) to access the over seventy foreign
language translation dictionaries, audio libraries of foreign language words, images
and information of currencies of the world, international rules of the road, international
signs, and international calendars that Travlang.com has been providing on the Internet
for the past five years.
Neil Swartz, CEO of iiGroup, Inc. stated "This is the first of what we believe will be a series of significant licensing agreements for Travlang.com. We started iiGroup to bring key content sites to the consumer – the new relationship between Travlang.com and AltaVista will allow us to reach the AltaVista Network’s millions of unique users."
Travlang.com is a foreign language and travel site that has existed for nearly five years and is recognized as the leader in providing free access to over seventy foreign language translation dictionaries to over one and a half million unique visitors a month. Travlang.com is a subsidiary of iiGroup, Inc., a public holding company of content-based Internet sites. iiGroup’s mission is to expand its position as a leading provider of specialized content and business-to-business Internet sites.
The AltaVista Live! World Channel provides a single destination for finding and navigating global resources on the World Wide Web. The AltaVista Live! World Channel extends AltaVista’s leadership in multi-lingual search and free translation services. AltaVista’s Babel Fish, a free translation engine, is the centerpiece of the World Channel. Babel Fish translates text and Web pages between English and five other languages (Spanish, French, German, Italian, and Portuguese). AltaVista Search covers more than 250 million Web pages, which can be searched in 25 different languages for fast, relevant results.
Alta Vista Company is the premier media and commerce network offering Internet users up-to-the-minute news, live video, content, search, and shopping resources. The company integrates unique technology, products and services to deliver relevant results faster for both individuals and businesses. Alta Vista is a majority-owned operating company of CMGI, Inc. (Nasdaq: CMGI), Andover, MA. Alta Vista is headquartered in Palo Alto, California.
For more information, contact:
CEO, iiGroup, Inc.
7000 W. Palmetto Park Rd Suite 501
Boca Raton, FL 33433
|For Alta Vista:
1070 Arastradero Road
Palo Alto, CA 94304
The statements which are not historical facts contained in this press release
are forward-looking statements that involve certain risks and uncertainties including
but not limited to risks associated with the uncertainty of future financial results,
additional financing requirements, development of new products, regulatory approval
processes, the impact of competitive products or pricing, unpredictability of patent
protection, technological changes, the effect of economic conditions and other uncertainties
detailed in iiGroup, Inc.’s filings with the Securities and Exchange Commission.