1ClickCharge and uTOK to Create Communications Platform for Digital Content Customers; Users to Read Notes From Previous Customers Before Purchasing Content.Business/Technology Editors NEW YORK--(BUSINESS WIRE)--Dec. 28, 1999 1ClickCharge(TM) and uTOK today announced an agreement to develop a co-branded communications platform that will allow users to read notes containing knowledge and opinions about digital content before making a purchase. 1ClickCharge is the single-click Internet payment service See Web payment service. and a majority-owned operating company operating company A business that engages in transactions with outsiders. of CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) (Nasdaq: CMGI). uTOK is a leader in the nascent browsing companion industry, which hopes to ultimately change the way individuals and businesses use the Web. Beginning today, the 1ClickCharge and uTOK co-branded application will be distributed free of charge to customers who want to join the 1ClickCharge community. Customers can use the co-branded platform to communicate with each other on a merchant site-- or anywhere else on the Web. The co-branded application includes a "my community" feature, allowing customers to view comments of other 1ClickCharge users. This community feature is the first of its kind in a payment service, linking customers who have the common interest of accessing premium content on the Internet. Once the 1ClickCharge payment service launches, customers will be able to use the communications platform to exchange opinions about premium content at the point of purchase. For example, a 1ClickCharge user comes across a piece of content he or she is interested in purchasing. By clicking on the co-branded icon, the user can view comments and ratings made by individuals who have previously purchased the same content. The user can also leave a note with comments for future customers or reply to the comments of others. In addition to enhancing communication among users, the co-branded client offers 1ClickCharge a non-intrusive way to tell its users about new affiliated merchants and special offers. "We are not only interested in creating the most simple method for purchasing content on the Web, but also in building a community among our customers. What better way to ensure that customers will be pleased with their purchase than by offering them a tool to view honest reviews of the item by previous customers," said Heidi R. Goff, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 1ClickCharge. About 1ClickCharge(TM) 1ClickCharge's Web Payment service makes credit cards perform like cash on the Internet by giving consumers the ability to easily purchase web content on a pay-per-use basis in small dollar amounts. Because 1ClickCharge is 100% outsourced, merchants will quickly realize profits without the technical hassles typically associated with setting up their own Internet payment service. 1ClickCharge's mission is to lead the industry in single-click Internet payments under $20, a market space it calls Convenience e-Commerce(TM). The company is led by Heidi R. Goff, President and CEO, a 20-year senior management veteran of MasterCard, GlobalPay, ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) ; and Brian Smiga, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul of Marketing and Business Development, formerly co-founder of software companies Actioneer.com and DaytoDay. 1ClickCharge is a service of 1ClickBrands, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a majority-owned operating company of CMGI, Inc. (Nasdaq: CMGI). Visit the company's Web site at www.1clickcharge.com. About uTOK Founded in 1999 in Tel Aviv Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest by seasoned veterans of the online community and Internet software industries, uTOK Inc., (users' Tree of Knowledge), is a leader in the nascent browsing companion industry, which will ultimately change the way individuals and businesses use the Web. uTOK enriches the browsing experience by turning the entire Web into a public or private forum for the exchange of ideas and information, which can be valuable in and of itself, or in relation to site-specific content. A privately owned company, uTOK received initial funding from the Magnum Group, a leading investor in Israeli technology companies. Visit uTOK's Web site at http://www.utok.com. About CMGI With more than 50 companies, CMGI, Inc. (Nasdaq: CMGI) represents the largest, most diverse network of Internet companies in the world. This network includes both CMGI operating companies and a growing number of synergistic investments through its venture capital affiliate, @Ventures. CMGI leverages the technologies, content and market reach of its extended family of companies to foster rapid growth and industry leadership across its network, and the larger Internet Economy. Compaq, Intel, Microsoft, Pacific Century CyberWorks and Sumitomo hold minority positions in CMGI. CMGI's majority-owned operating companies include Engage Technologies (Nasdaq: ENGA), NaviSite (Nasdaq: NAVI), 1ClickBrands, 1stUp.com, Activate.net, Activerse, Adsmart, AltaVista, CMGI Solutions, iCAST, Magnitude Network, MyWay.com, NaviNet, SalesLink, Tribal Voice and ZineZone. The company's @Ventures affiliates have ownership interests in Lycos, Inc. (Nasdaq: LCOS (Liquid Crystal on Silicon) A technology used to make microdisplays for rear-projection TVs and head-mounted displays (HMDs). Each LCoS chip hosts a grayscale LCD shutter sandwiched between a cover glass and a mirror. ), Critical Path (Nasdaq: CPTH), Silknet (Nasdaq: SILK), Chemdex (Nasdaq: CMDX), MotherNature.com (Nasdaq: MTHR MTHR Mobile Telecommunications and Health Research (UK) ), Asimba.com, AuctionWatch.com, Aureate au·re·ate adj. 1. Of a golden color; gilded. 2. Inflated and pompous in style. [Middle English aureat, from Late Latin aure Media, blaxxun, BizBuyer.com, Boatscape.com, buyersedge.com, CarParts.com, CraftShop.com, eCircles.com, eGroups.com, EXP.com, FindLaw, Furniture.com, HotLinks, INPHO/HomePriceCheck.com, Intelligent/Digital, KOZ.com, Mondera.com, MyFamily.com, NextMonet.com, NextPlanetOver.com, Oncology.com, OneCore.com, PlanetOutdoors.com, Productopia, Raging Bull, SnapFish.com, Speech Machines, ThingWorld.com, Vicinity, Virtual Ink, Visto, Vstore and WebCT. CMGI Corporate headquarters is located at 100 Brickstone Square, Andover, MA 01810. Telephone: 978-684-3600. Fax: 978-684-3814. Additional information is available on the company's Web site at http://www.cmgi.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release regarding CMGI, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the CMGI Annual Report or Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the most recently ended fiscal year. |
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