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."
About Travlang
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.
About AltaVista
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:
For Travlang.com: Neil Swartz CEO, iiGroup, Inc. 7000 W. Palmetto Park Rd Suite 501 Boca Raton, FL 33433 (561) 620-9202 neil@mcgpartners.com |
For Alta Vista: David Emmanuel Communications Director 1070 Arastradero Road Palo Alto, CA 94304 (650) 617-3496 david.emanuel@av.com |
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.