Asia Pacific Financial News -Far East Business Capitals & JiJi -Includes Japanese Precis -Attn: Financial Editors.TO: ADEX ADEX Athens Derivatives Exchange (Athens, Greece) ADEX Air Defense Exercise ADEX Advertisement Expenditure ADEX Asociaciã³n de Exportadores (Peru) Ltd., Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. ATTN ATTN Attention ATTN Atentamente (Spanish) ATTN A l'attention de (French: Care of) : H. KUSHIDA Press release from Business Wire Global follows: Contact Name/Office: Mike Rodriguez/San Francisco Francisco may refer to:
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AFFILIATE __Simplified-PRC __Traditional-Taiwan __Traditional-Hong Kong (default) ( ) Japanese ( ) Korean ( ) TRANSLATION SERVICE ONLY - Japanese ( ) TRANSLATION SERVICE ONLY - Korean ( ) TRANSLATION(S) INCLUDED - Specify which translations have been provided, and send via GroupWise as attachments to the addresses listed above. NOTE: all copies of translated releases should be sent to: translations@bizwire.com wendyd@bizwire.com TRANSMISSION TIME: ================== (X) For Immediate Release ( ) For release at: (specify time and date)_______________________ __________________________________________________________________ OTHER: ====== ( ) Translation approval required __________________________________ ( ) Special instructions ___________________________________________ ____________________________________________________________________ (X) Additional e-mail distribution confirmation [Applies to AD-EX only]: confirm@bizwire.com ( BW)(CA-SEGA) Sega Group Announces Intent to Acquire FamilyWonder, Inc., A Leading Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the Entertainment Destination for the Family Business Editors/High-Tech Writers TOKYO--(BUSINESS WIRE)--Oct. 24, 2000 Acquisition Provides Significant Talent to Further Build Community, E-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. , and Content Development for Sega Group in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Sega Group today announced its intention to acquire FamilyWonder, Inc., an entertainment media company and leading destination for families online. "The acquisition of FamilyWonder is an important step toward Sega's goal of building leading interactive entertainment experiences inside and outside the home," said Isao Okawa History Isao Okawa was born in 1926, in the City of Osaka, Japan. As a young adult he studied at Waseda University in Tokyo. After graduating from Waseda he formed his own Computer Service Company, which later became known as CSK Holdings Corporation. , President and Chairman of Sega Enterprises, Ltd. "We're building a leading brand in interactive digital media for the entire family -- acquiring successful properties, partnering with established content studios, and building on our existing internet ready Sega Dreamcast platform and SegaNet high-speed online video gaming video gaming n. 1. Gambling by means of interactive games of chance played on a video screen. 2. The playing of video games. network." FamilyWonder was recently named to Upside Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside Magazine's "Hot One Hundred Private Companies" list and is featured as one of only eight business-to-consumer companies on the list for 2000. The company's website was one of last year's leading family retailers, averaging over 1 million monthly unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. and over 250,000 customers during the 1999 holiday season. FamilyWonder has attracted some of the world's most prestigious partners including: FAO FAO, n See Food and Agriculture Organization. Schwarz, Lycos, Disney, Family.com, ESPN.com, ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. .com, FamilyEducation.com, NBCi, and American Greetings American Greetings Corporation, Inc. NYSE: AM is the world's largest publicly-traded greeting card company. It is based in Cleveland, Ohio and sells paper greeting cards, electronic greeting cards, party products (such as wrapping papers and decorations), and electronic . Sega Group intends to acquire a 100 percent stake in FamilyWonder, Inc. As a result, the company's current talent and assets, including the website www.familywonder.com, will be assumed and managed by the Sega Group. Specific financial terms of the proposed acquisition were not disclosed. The closing of the acquisition is scheduled to occur by year-end and is subject to the execution of definitive documentation and certain closing conditions. About Sega Sega Enterprises, Ltd. is a nearly $2.5 billion company recognized as the industry leader in interactive digital entertainment media, offering interactive entertainment experiences both inside and outside the home. Sega of America's World Wide Web site is located at www.sega.com. About FamilyWonder, Inc. FamilyWonder, Inc. is a premier family entertainment media company and leading Internet destination. The Company develops innovative content and services to help families with "what to buy" and "what to do" with their children. Located in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , the company operates one of the Internet's most popular web sites for families, www.familywonder.com. FamilyWonder.com has attracted some of the world's most prestigious partners including: FAO Schwarz, Lycos, Disney.com, Family.com, ESPN.com, ABC.com, FamilyEducation.com, NBCi, and American Greetings. About Sega.com and SegaNet Sega.com, Inc.(TM) is a new online entertainment company whose goal is to become the online destination for gamers. Sega.com integrates SegaNet(TM), the only high-speed online console gaming network providing Dreamcast users with the ultimate in speed, reliability and content. SegaNet offers gamers the best in 3D multi-player games, chat, community, cheat codes In a video game, a cheat code is a character combination that is entered to change the game's behavior. It may move the game to the next level or cause some other action to take place. See Easter Egg. , tournaments and content. SegaNet is also an ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. for Sega Dreamcast and PC users, offering gamers everything they need to know about gaming. About Sega Dreamcast The 128-bit Internet ready Sega Dreamcast is available in the US with a built-in 56K modem, allowing for full Internet functionality via SegaNet, the only high-speed online console gaming network and ISP service for Dreamcast and PC users. Dreamcast currently has over 100 titles available. The total Dreamcast game library count will be more than 200 by December 2000. |
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