WILLIAMSTOWN, Mass.--(BUSINESS WIRE)--April 6, 1999--A strategic
alliance aimed at testing a new system for "a-la-carte" news and
information purchase from independent sources across the Internet with
one-ID, one-bill, privacy-protecting simplicity was announced by
COMTEX Scientific Corp. and Clickshare Service Corp.
"Publishers and other content providers are increasingly concerned
about finding additional ways to generate revenue over the Internet,"
said Charles W. Terry, president and CEO of COMTEX. "We think the
ability of the Clickshare technology to support one-bill, one-ID, one
registration access and aggregated transactions will facilitate the
proliferation, and acceptance of, higher value, not-free content."
The agreement between COMTEX and Clickshare is for a minimum of
two years. The effort is intended to research what types of pricing
and information appeal to general and specialized consumers.
Publishers can enroll in Clickshare now.
Under the alliance, visitors to the web site address PUBSHARE.COM,
will be able to purchase access to real-time news provided by COMTEX
Custom Wires and COMTEX Newsroom, for a trial monthly fee of $1, plus
an introductory rate of 5 cents for each story read -- or 50 cents for
20-minutes of unrestricted access. With the Clickshare Service, users
will also soon be able to access music and specialized services using
PUBSHARE.COM as their home base for billing and portal services.
Clickshare President Bill Densmore said the COMTEX alliance was
the first of several relationships with publishers and Internet
"audience owners" (ISPs, billing agents, affinity groups) to be
finalized. "As a first partner, COMTEX is ideal because of its
relationships with most of the world's premier information providers
and because it can deliver in a single feed a broad base of consumer
and business-oriented intelligence. From this base, we intend to build
topic- and geographic-specific premium content for a growing base of
information consumers."
An exclusive feature of Clickshare's patent-pending distributed
user-management technology allows audience owners such as publishers,
ISPs, telcos, banks and retailers to offer their customers
Clickshare-enabled content, without having to turn over to Clickshare
or content providers sensitive name, address or account information
about their customers. This 'privacy-protected demographics' feature
is unique," said Densmore.
AN OPPORTUNITY FOR PORTALS, BILLERS
"Clickshare allows net portals, financial institutions and other
billing entities and publishers to make money and increase customer
satisfaction," said Densmore. "Customers will be able to access
information at any Clickshare-enabled site and pay for it via one bill
to their home base. Clickshare service providers can confidently send
their users to other web sites, without having to send the user's
name, credit-card number or address at the same time."
"Beginning today, information consumers who want to use
PUBSHARE.COM will register via an affiliate web site or can ask their
existing ISP, portal or billing agent to offer Clickshare's one-bill
access to information as an added benefit," said Densmore. Pricing and
terms may vary by service provider, once a trial phase is completed.
"The relationship with Clickshare allows us to be part of the
deployment of a new business model on the Internet," said Terry, and
he continued by stating that, "COMTEX is pleased to be at the
forefront of Clickshare's initiative."
About COMTEX
COMTEX is the leading wholesale aggregator, integrator and
syndicator of value-added and real-time news sources for the world's
leading financial and business-information distributors. Established
in 1981, COMTEX was one of the early pioneers in the real-time news
industry. COMTEX editors review over 12,000 stories every 24 hours
from sources such as The Associated Press, The Canadian Press, United
Press International, Kyodo News, Xinhua News Agency, ITAR-TASS, PC
World, Newsbytes News Network, States News Service, CMP Media Inc.,
Knight-Ridder/Tribune News Service and The Sports Network. Most are
now available via PUBSHARE.COM.
COMTEX premium news is available through more than 100
distributors to millions of end-users in the Internet market, 200,000
personal investors, 400,000 Wall Street brokers and 900,000 business
professionals in the corporate market. Based in Alexandria, Va.,
COMTEX can be found on the World Wide Web at
http://www.comtexnews.com/.
About Clickshare Service Corp.
Clickshare Service Corp. is pioneering the Internet's first
distributed user-management service. It allows consumers one-ID,
one-bill access, one-registration access to information and services
from multiple web sites. Clickshare's patent-pending Digital Calling
Card(SM) technology enables "privacy-protected demographics"(SM). With
it, web sites can provide personalized service to visitors without
having to obtain their name, address or sensitive credit-card or
billing information.
With Clickshare, a user registers once at a favorite publisher,
ISP, portal, telco, bank, utility, retailer or affinity-group web site
and only that web site need ever know that user's private identity. Yet
the user can surf to any other Clickshare-enabled site and purchase
information, software, music or other objects on a per-click or
subscription basis down to as little as five cents per item. Charges
are applied to the user's statement at his home base web site.
Clickshare, formed in 1997 as a joint venture of two predecessor
companies which together developed the technology, is a privately held
Massachusetts startup. For information about joining or using The
Clickshare Service to sell information online, contact the company or
go to: http://www.clickshare.com/.
Note: All product and company names may be trademarks or
registered trademarks of their respective holders.
Web sites: http://www.pubshare.com/ or http://www.clickshare.com/
or http://www.comtexnews.com/ or http://www.pubshare.com/
CONTACT: COMTEX
Deborah Woolum Ikins, 703/820-2000
dikins@comtexnews.com
or
Clickshare Service Corp.
Bill Densmore, 413/458-8001
densmore@clickshare.com