DealTime User Base Surges 44 Percent; Nielsen//NetRatings Ranks DealTime in the Top 3 Shopping Directories and Guides.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Aug. 1, 2002 DealTime(R), the world's leading online shopping search engine, today announced that the number of visitors to its website has grown 44 percent since the beginning of this year, making it the third largest shopping directory A shopping directory is a web directory style website similar to the Open Directory Project or the Yahoo! Directory with focus on sites that sell products or services, usually referred to as ecommerce websites. and guide on the Internet according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Nielsen//NetRatings. The top 3 list also includes Yahoo! Shopping and MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). eShop. In addition, DealTime ranks among the top five overall shopping destinations, based on Nielsen//NetRatings' custom analysis, excluding travel sites, along with Amazon, Yahoo Shopping, eBay and MSN Shopping MSN Shopping is a member site of the MSN portal. MSN Shopping today is an online comparison shopping site. It aggregates millions of product offers from thousands of retailers. MSN Shopping allows users to search or browse for products. . Separately, DealTime announced that it has reached 21 million U.S. Internet shoppers during the November 2001 to April 2002 timeframe according to Nielsen//NetRatings' custom analysis. "The tremendous growth we've seen in traffic is due in part to our alliances with other leading portals, including AltaVista, Lycos and Excite Network. By providing shopping search functionality for these sites, more and more people are coming to know and benefit from DealTime's best-of-breed shopping search service," said Dan Ciporin, Chairman 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 DealTime. "The rise in our traffic shows that consumers are increasingly using shopping search to choose the products they want and select the merchant that best fills their needs. We're also helping merchants boost their profits by connecting them with millions of shoppers who have done their research and are ready to make a purchase." According to Nielsen//NetRatings, DealTime's U.S. traffic grew from 4,979,937 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. in January 2002 to 7,156,099 in June 2002, a 44 percent increase. "During the first half of this year, DealTime has managed to grow faster than other eCommerce leaders, positioning them well for the upcoming holiday shopping season," said Lisa Strand, director and chief ecommerce analyst, NetRatings. About DealTime(R) DealTime is the world's leading online shopping search engine, reaching millions of shoppers worldwide every month. Through its Web sites, dealtime.com(R) and dealtime.co.uk and other affiliate sites (including AltaVista and Lycos), shoppers compare products, prices and stores across the Web. For merchants and manufacturers, DealTime delivers qualified, in-market buyers and lower customer-acquisition costs. For traffic aggregators, portals and other affiliate sites, DealTime provides a powerful search engine and superior shopping tools that enable them to monetize their traffic more easily. For consumers, DealTime supplies product information and an easy way to find the right product at the best price. DealTime Ltd. is a multi-national private company, venture-backed by key strategic and financial partners including Bertelsmann, 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. Time Warner, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Bain Capital Bain Capital LLC is a Boston, Massachusetts-based private equity firm founded in 1984 by Mitt Romney, the former Governor of Massachusetts, and two other partners from the consulting firm Bain & Company: T. Coleman Andrews III and Eric Kriss. , Nomura International, Singapore Telecom, and others. DealTime, DealTime.com and the DealTime logo are registered trademarks of DealTime Ltd. |
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