mPhase Technologies in pact with InfoSpace.com to Provide Content and
Commerce Solutions to the mPhase High-Speed Internet Access Users
(Business Wire; 02/12/99)
NORWALK, CONN. (Feb. 12) BUSINESS WIRE -Feb. 12, 1999--mPhase Technologies
(OTCBB:XDSL) announced today that it has entered into an agreement with
InfoSpace.com Inc. (Nasdaq:INSP) to provide access to the InfoSpace.com content
and commerce solutions to mPhase's existing and future high-speed Internet
mPhase users will have access to InfoSpace.com's leading content and commerce
solutions, which include yellow & white pages, classifieds, ActiveShopper
commerce solution, finance and investing services, net community, and city
guides. The InfoSpace.com solutions enable mPhase to increase revenue generated
from advertising and commerce transactions through the mPhase high-speed
Internet access service.
"We chose InfoSpace.com because they are the leader in providing private label
solutions for content and commerce. With their local user information such as
maps, business and individual listings, insurance quotes, credit rating
searches, and lottery results, Infospace.com brought a lot more to the table
than any other option. As we market our high-speed Internet access and digital
television delivery system to Local Exchange Carriers nationwide, we feel that
this will bring an enormous amount of added value to our customers," said
mPhase Technologies president and chief executive officer, Ronald A. Durando.
"We are especially excited about the InfoSpace.com ActiveShopper solution
because it provides us with access to over 2,000 merchants and the possibility
to recognize instant transaction revenue," added Durando.
InfoSpace.com's ActiveShopper solution is designed to change the way people
shop on the Internet by providing integrated services that offer online
shoppers what they need to research and buy a product in one place. The
features will include the ability to search online stores, catalogs, and
auctions as well as find product reviews, discussion groups, and competitive
About mPhase Technologies Inc.
mPhase Technologies Inc. (www.mphasetech.com) is a leader in the emerging
market for high-speed Internet access and digital video delivery and provides
data transmission at speeds up to 250 times faster than an existing 28.8K
Internet connection allowing high-speed Internet access, digital video
delivery, and telephone communications to be conducted over an existing
telephone line. Comparables to mPhase Technologies include Tut Systems,
PairGain, At Home, Time Warner's Road Runner, and Online System Services.
About InfoSpace.com Inc.
InfoSpace.com is a leading aggregator and integrator of content and commerce
solutions for syndication to a broad network of private label affiliates,
including existing and emerging Internet portals, destination sites and
suppliers of PCs and other Internet access devices, such as cellular phones,
pagers, screen phones, television set-top boxes, online kiosks and personal
InfoSpace.com's Internet 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 development agreements with a number of providers of Internet
access devices including PCs by Acer America, Gateway 2000 and Pixel (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, @World,
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.