Dentsu, Dentsu.com, Cyber Communications Inc., and SOFTBANK Join iWeb Technologies to Form Strategic Joint Venture in Japan; Four of Japan's Industry Leaders Team Up to Bring iNotes to Japan.Business & High Tech Editors TOKYO and NEW YORK--(BUSINESS WIRE)--January 8, 2001 iWeb Technologies Ltd. announced the formation of a joint venture with Dentsu Inc., Japan's largest advertising agency; Dentsu.com, a strategic venture capital arm of Dentsu Inc.; cyber communications inc. (cci), Japan's leading media representation agency; and SOFTBANK Media and Marketing, a leading venture capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. firm which focuses primarily on new Internet See Web 2.0 and Internet2. technologies, to bring its iNotes(TM) technology to the Japanese market. Under the terms of the agreement, the new venture will leverage iWeb's iNotes clientless technology to provide real-time messaging, content delivery and online advertising to local Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. . "To successfully reach users in today's Internet market you must find technologies that enable you to deliver the right information, to the right user, at the right time," said Toshitaka Shimojo, executive officer of Dentsu Inc. "iNotes user-friendly technology does this very effectively by reaching the user's desktop automatically, whenever they are online, and independent of the website they are currently viewing." The iNotes platform delivers any web-based application See Web application. directly to a user's desktop without requiring the download or installation of client software. iNote-enabled applications inherit the convenience and functionality of desktop applications, without consuming valuable resources or requiring IT management. Ideal for real-time information delivery and event driven notification, typical uses include high-impact advertising, alert messaging, automated information delivery, and streaming content feeds. "iNotes is the kind of technology that can revolutionize the way information is delivered over the Internet," said Toshio Arai, 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 cci. "Today, users must go to a specific website to view information, but with iNotes, that same information can be proactively sent directly to the user, no matter what website they are currently viewing." "iWeb is delighted to have Dentsu, SOFTBANK, and cci as our partners in Japan," said Kobi Samboursky, president and CEO of iWeb Technologies. "We believe that with the combination of our unique technology, along with Dentsu's unquestioned leadership and proven experience in the Japanese business arena, Softbank's vast experience in the technology market and cci's unique position in the Internet arena will prove to be a winning partnership for all." Currently, iNotes is deployed on leading ISPs and websites throughout the world including Freeserve Plc., NextCall, Alternativa Gratis, CANTV CANTV Compañía Anónima Nacional Teléfonos de Venezuela , and FreeLotto.com. About iWeb Technologies Ltd. iWeb Technologies Inc. provides clientless technology that enables direct communication with online users anytime, anywhere. The company's core technology, iNotes(TM) enables corporations, websites, ASPs, and ISPs to deliver targeted, real-time information, directly to user's desktops without requiring the download or installation of client software. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , iWeb has regional offices in London, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , and Israel. For more information, visit www.iweb.com. About Dentsu Inc. Dentsu Inc., based in Tokyo, is the world's largest advertising agency. Founded in 1901, the company has annual consolidated operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. of $259,784,000. In addition to its extensive domestic network in 31 cities across Japan, Dentsu's international network spans 41 cities in 27 countries. The company also has a substantial equity stake and strategic alliance in B-com3, an enterprise formed by the worldwide merger of The Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. Group and The MacManus Group. Part of the Dentsu's uniqueness is its Total Communications Services capabilities; a concept pioneered by Dentsu and later adopted by other major international networks. For more information, visit www.dentsu.co.jp. About SOFTBANK Media & Marketing Corp SOFTBANK CORP. has emerged as one of the world's leading Internet market forces. Through its ownership positions in more than 600 Internet companies and its unique Internet management concept, it is able to create market synergies for its family of companies on a global scale. SOFTBANK Media & Marketing Corp. is one of the second tier holding companies of SOFTBANK CORP. and provides users contents and specific information. In addition to current publishing Current Publishing is a small company in southern Maine that puts out six weekly newspapers. Lee Hews Casler is the company's publisher. Publications The Current, a broadsheet that serves Scarborough, South Portland and Cape Elizabeth; The American Journal, a broadsheet and exhibition businesses, SOFTBANK Media & Marketing Corp. plans to develop three fields of business domain, which consist of media and contents, communities, and research and marketing. About cci cyber communications inc. (cci), based in Tokyo is market share no. 1 (32% / FY99) Internet advertising Delivering ads to Internet users via Web sites, e-mail, ad-supported software and Internet-enabled cellphones. Also called an "ad network," Internet advertising organizations act as a middleman between the advertiser and the Web sites and software publishers that display the ads. company in Japan. Established in 1996, cci as the market leader for interactive marketing solutions has been doubling revenues every year (5.1b JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. in FY99), generating sound profits from start. cci's major shareholders are Softbank Inc., Asia's No.1 Internet company, and Dentsu Inc., the world's largest advertising agency. cci handles hundreds of major Internet media portals (Yahoo!Japan, 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). Japan, ZDNet Japan, etc.), and is serving all major Japanese advertising agencies and their corporate clients. cci's unequaled expertise in the Japanese Internet marketing sector is further expanded by the company's aggressive advance into the mobile and broadband sector, as well as into operations in other Asian countries. iNote, iNotes, iWeb and iWeb Technologies are trademarks of iWeb Ltd. |
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