Ask Jeeves and EXP.com Announce Strategic Partnership.Business Editors/High-Tech Writers EMERYVILLE and MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--June 26, 2000 EXP's Expert Networks to Expand Ask Jeeves' Business Solutions Offerings; Alliance Includes Strategic Investment in EXP by Ask Jeeves Noun 1. Ask Jeeves - a widely used search engine accepting plain English questions or phrases or terms trademark - a formally registered symbol identifying the manufacturer or distributor of a product Ask Jeeves, Inc.(R) (Nasdaq:ASKJ), a leading provider of Web interaction solutions that humanize hu·man·ize tr.v. hu·man·ized, hu·man·iz·ing, hu·man·iz·es 1. To portray or endow with human characteristics or attributes; make human: humanized the puppets with great skill. 2. the online experience, and EXP.com, Inc., the leading online marketplace for expert advice and services, today announced a strategic relationship. Under the terms of the agreement, EXP has been named the exclusive provider of person-to-person advice and services on Ask Jeeves' destination Web site at Ask.com(TM). Ask Jeeves also becomes a strategic third party marketer of EXP's Expert Network corporate services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. . In addition, Ask Jeeves has taken an equity stake in EXP. (See separate press release, EXP.com Raises $33 million from Top-Tier Investors and Strategic Partners, dated June 26, 2000.) The agreement provides EXP with prominent brand positioning and promotion throughout Ask Jeeves at Ask.com, raising awareness Raising awareness is a common phrase advocacy groups use to justify a particular event, brochure or even the entire organization. Raising awareness refers to alerting the general public that a certain issue exists and should be approached the way the group desires. and driving targeted traffic to EXP.com. Visitors to Ask.com with complex questions will now be able to seek instant advice and services from EXP experts by phone, private chat session, or email, using EXP's Express Connect(TM) technology. In addition, the strategic alliance enables Ask Jeeves to market EXP's co-branded and private-label services to Ask Jeeves' corporate customers. (See separate press release, EXP.com Debuts Corporate Services, Powering Expert Networks for Organizations, dated June 26, 2000.) "Our relationship with EXP reflects how Ask Jeeves is connecting people to the best answers, regardless of whether the answers are presented on a Web site or through the advice of a true expert," said Rob Wrubel Rob Wrubel is a serial entrepreneur who has spent the past 20 years bringing cutting edge consumer concepts from the fringe to the mainstream. He has worked across multiple consumer markets from traditional print media, to software, to the alternative health and fitness arena, 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 Ask Jeeves, Inc. "The addition of EXP will increase visitor satisfaction and loyalty to Ask Jeeves at Ask.com, while providing a compelling new service to companies using Ask Jeeves business solutions to improve the way they interact with their customers online." "Ask Jeeves and EXP are a great fit," said Mark Benning, CEO and founder of EXP.com, Inc. "There is a tremendous amount of synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. between our two companies as the search for answers naturally extends into the need for person-to-person advice and services. Together, EXP and Ask Jeeves are poised to humanize the way both individuals and corporations seek and provide solutions and services over the 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 ." About Ask Jeeves, Inc. Ask Jeeves is a leading provider of intuitive, intelligent Web interaction solutions to deliver a humanized online experience. Ask Jeeves' solutions enable companies to convert online shoppers to buyers, reduce support costs, understand customer preferences and improve customer retention. Ask Jeeves also syndicates its solutions to portals, infomediaries, and content and destination sites to help companies increase e-commerce and advertising revenue. Ask Jeeves deploys its solutions on Ask Jeeves at Ask.com, Ask Jeeves for Kids at AJKids.com and DirectHit.com, to help companies target and acquire qualified prospects online and to provide consumers with real-time access to information, products and services. For more information, visit http://www.ask.com or call 510/985-7400. About EXP.com, Inc. Established in February 1999, EXP.com, Inc. is the online marketplace for expert advice and services. EXP connects individuals seeking advice with experts and service providers in over 300 topics within the business, technology, and personal interests areas. The company also powers Expert Networks for corporations and destination Web sites. EXP has attracted over $60 million in financing from Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. , CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) @Ventures, Maveron, Bowman Capital, J. & W. Seligman, meVC, Ask Jeeves, and Oracle Ventures (Nasdaq:ORCL ORCL Oracle (stock symbol) ). EXP.com is located in Menlo Park. For further information, please visit http://www.exp.com. Note to Editors: Ask Jeeves is a registered trademark of Ask Jeeves, Inc. Ask Jeeves for Kids, the red "ask!" button, Jeeves Answers, Jeeves Live and Ask.com are trademarks and service marks of Ask Jeeves, Inc. EXP.com, the EXP logo, and Express Connect are trademarks of EXP.com, Inc. All other trademarks and brands are the property of their respective owners. |
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