America Online and CUC International Inc. launch CD-ROM shopping service.1995--America Online (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMER AMER American AMER Asociación Mexicana de Estaciones Radiodifusoras ) and CUC International CUC (Comp-U-Card) International Inc., a huge membership-based consumer services conglomerate with travel, shopping, auto, dining, home improvement and financial services offered to more than 60 million customers worldwide based out of Stamford, Connecticut and headed by Kirk Inc. (NYSE NYSE See: New York Stock Exchange :CUC CUC Cuban Convertible Peso (ISO currency code) CUC Columbia Union College (Takoma Park, MD, USA) CUC Canadian Unitarian Council CUC Canadian Ultimate Championships ) today launched the Shoppers Advantage Best Buys catalog in a CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). format. The companies jointly developed the new service which offers over 2,000 brand-name products and direct connection to Shoppers Advantage on America Online, a database of over 250,000 brand-name products. "Shoppers Advantage Best Buys Catalog is a wonderful example of how CD-ROM to online technology is paving the way for increased communications across multiple media platforms, making everyday tasks such as holiday shopping so much more convenient," said Ted Leonsis, president of America Online Services Company. "AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. members will receive fast, high quality graphics and video-on-demand on the CD-ROM as well as updated pricing and product information and real-time shopping through the AOL connection." Walter A. Forbes, chairman and chief executive officer of CUC International Inc. noted, "This new service is cutting-edge technology, combining broadband capabilities with access to our sophisticated online database. America Online and CUC International together are providing a significantly enhanced interactive shopping environment for consumers. This exciting combination breaks new ground and offers what America Online and CUC believe to be a compelling shopping experience in the rapidly-growing interactive marketplace." CUC International Inc. is a leading membership-services company, currently providing more than 38 million consumers with access to a variety of services including home shopping, travel, insurance, auto, dining, home improvement, lifestyle clubs, checking account enhancements and discount coupon programs. America Online, Inc. (NASDAQ: AMER), based in Vienna, is the largest and fastest growing provider of online services in the world with the most active subscriber base. AOL offers its more than 4 million subscribers a wide variety of services, including electronic mail, conferencing, software, computing support, interactive magazines and newspapers and online classes, as well as easy and affordable access to services of the Internet. AOL has a global workforce consisting of more than 2,500 people. Founded in 1985, AOL has established strategic alliances with dozens of companies, including Capital Cities/ABC, Viacom, Bertelsmann, Hachette, 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) , Compaq and American Express. Personal computer owners can obtain America Online software at major retailers and bookstores, or by calling 800-827-6364. CONTACT: CUC International Laura A. Plevyak, 203/965-5114 or America Online, Inc. Judy Tashbook, 703/918-1452 fax 703/918-2002 |
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