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CNNfn.com Launches POWER SHOPPER.


NEW YORK--(BUSINESS WIRE)--March 2, 1999--

Online Service Combines Financial News with Convenience of

Full-Service Shopping Powered by Inktomi

CNNfn.com has launched the CNNfn POWER SHOPPER, an online shopping service for users and investors that combines up-to-the-minute access to business news and information with the convenience of online shopping, it was announced by Craig Forman, vice president, CNNfn.com. The CNNfn POWER SHOPPER, powered by Inktomi's Shopping Engine (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
: INKT INKT Inktomi, Inc. (stock abbreviation, AMEX)
INKT I Never Knew That
), enables CNNfn.com users to compare prices and purchase over one million products from sites across the Web.

"Today's informed consumer comes to CNNfn.com because they understand that time is money and that the right Web solution can-and should-simplify their lives," said Forman. "CNNfn POWER SHOPPER is a powerful tool that delivers on our commitment to provide users with a comprehensive platform for all their business, investing and online shopping needs."

The shopping service provides instant access to product and price information from across the Web within a single, intuitive interface. Advanced search and categorization tools help shoppers easily locate a broad variety of brand-name products and merchants. The wide range of product categories on the CNNfn POWER SHOPPER include apparel and jewelry, books and magazines, computer hardware, electronics, flowers and cards, music and videos, office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). , sporting goods Noun 1. sporting goods - sports equipment sold as a commodity
commodity, trade good, good - articles of commerce

sports equipment - equipment needed to participate in a particular sport
, toys and video games See video game console. .

"CNNfn's POWER SHOPPER is important to our Web strategy going forward because it provides our millions of savvy users with the richest online experience possible," said Helen Whelan, vice president, business development, CNN CNN
 or Cable News Network

Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world.
 Financial News, who structured the partnership.

"We are pleased to partner with such a prestigious brand as CNNfn.com to deliver the most enjoyable shopping service for the end-user," said Dick Pierce, vice president of marketing at Inktomi. "The Inktomi shopping platform enables our partners to build out the next generation of end-to-end shopping services. We believe CNNfn.com's combination of premier content and advanced shopping technology will ultimately help consumers make more informed and relevant purchase decisions."

Users can access the CNNfn POWER SHOPPER on the CNNfn.com home page or by going directly to the URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
: http://www.cnnfn.com/powershopper/.

Based in San Mateo San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif., Inktomi (pronounced INK-tuh-me), develops and markets scalable software designed for the world's largest Internet infrastructure and media companies. Inktomi's products include the world's largest search engines, online comparison shopping solutions and carrier-class network cache software. Inktomi works with leading companies including America Online See AOL. , @Home Network, CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. , GeoCities, Intel, Lycos, RealNetworks, Sun Microsystems, and Yahoo!. The company has offices in North America, Europe, and Asia. For more information, visit www.inktomi.com.

CNNfn.com, which averages nearly 1 billion page views a year, is the Internet's leading source for business news, financial intelligence and free business services. CNNfn.com is the companion to CNNfn, the first network to launch on television and the Web. The CNNfn.com Web site offers users breaking business, financial and market news, and in-depth analysis of the US and global economies, the technology industry and companies in the news. In addition, CNNfn.com's extensive financial intelligence and personal finance tools provide access to investment reports, portfolio management, industry research and company profiles that make it the most complete business information resource available on the Web.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 2, 1999
Words:536
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