Terra Lycos Buys Iberwap, Spain's Leading Digital Mapping Company.Business/Technology Editors MADRID--(BUSINESS WIRE)--Jan. 30, 2001 Iberwap has the largest database of digital maps on the Spanish market. As a result of this agreement, Terra Lycos will be able to exploit the huge Internet potential of cartography cartography: see map. cartography or mapmaking Art and science of representing a geographic area graphically, usually by means of a map or chart. Political, cultural, or other nongeographic features may be superimposed. Terra Lycos (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 : TRLY and Madrid Exchange: TRR TRR Transportation Research Record (Journal) TRR Test Readiness Review TRR Target Ranging Radar TRR Total Rate of Return TRR Taiwan Research Reactor ), the largest global Internet network, today announced the acquisition of Iberwap, Spain's leading provider of digital cartography services and content. Iberwap has the largest map database on the Web and on the market in Spain and offers a wide range of value-added products and content in addition to "Geo-IP" solutions incorporating the latest location, monitoring and routing systems. Iberwap also provides WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. applications. Terra Lycos plans to adapt Iberwap products for distribution in other markets around the world. At present, the company is the content provider for Terra's Callejero channel, http://callejero.terra.es, which supplies over four million on-line maps per month. The acquisition of Iberwap puts Terra Lycos in an excellent position to exploit the Internet cartography business, especially via WAP and UMTS (Universal Mobile Telecommunications System) The GSM implementation of the 3G wireless phone system. Part of IMT-2000, UMTS provides service in the 2 GHz band and offers global roaming and personalized features. services. For example, Iberwap offers the "el mas proximo prox·i·mo adv. Archaic Of or in the following month. [Latin proxim  (m " WAP search and location service by which clients can use their cellular phones to find the nearest pharmacy, cinema or any other service. Terra Lycos also announced separately today that it has acquired Raging Bull, a leading financial community on the Web, from Alta Vista Company, a majority-owned operating company operating company A business that engages in transactions with outsiders. of CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) Inc. (NASDAQ:CMGI). ABOUT IBERWAP Iberwap's products include Ibercarta, Ibermapa, Iberciudad and Ibeweb. Ibercarta is an urban cartography database covering 183 urban centers, provincial capitals and cities with populations of 50,000 inhabitants
The game is based loosely on the concepts from SameGame. or more. Ibercarta, which is soon to include urban centers with populations of 10,000 inhabitants or more, provides information about different types of city block, parks and greenbelts, buildings and monuments of special interest, postal districts and a complete street guide. Ibermapa is a digital road map covering the whole country which shows place names in the various languages of Spain The Languages of Spain are the languages spoken or once spoken in the territory of the country of Spain. Modern The most prominent of the languages of Spain is Spanish (Castilian, castellano), which nearly everyone in Spain can speak as a first or second language. , administrative boundaries, population centers, general hydrography hy·drog·ra·phy n. pl. hy·drog·ra·phies 1. The scientific description and analysis of the physical conditions, boundaries, flow, and related characteristics of the earth's surface waters. 2. and all types of road: motorways, dual carriageways and ring roads, national and local routes. Ibermapa is a support for applications used to monitor vehicles and determine routes. In addition to geographical data (map co-ordinates) for locating data on the maps, Iberciudad provides detailed information (name, address and telephone number) about services and infrastructure in Madrid, Barcelona, Seville and Valencia. It includes details about the Metro, medical centers, pharmacies, service stations, car parks, taxi ranks, vehicle testing centers, etc. Finally, Iberweb is a software application for the real time location and monitoring of vehicles and people. "Geo-IP" solutions provide cartographic car·tog·ra·phy n. The art or technique of making maps or charts. [French cartographie : carte, map (from Old French, from Latin charta, carta, paper made from papyrus services tailored to clients' requirements. This service admits applications for automatic vehicle monitoring and location as well as route planning and optimisation, and coverage studies etc. It represents a basic tool for logistics, breakdown, transport, communications, distribution and security companies and emergency services emergency services Emergency care '…services …necessary to prevent death or serious impairment of health and, because of the danger to life or health, require the use of the most accessible hospital available and equipped to furnish those services' vehicle fleets. "Geo-IP" solutions also provide exact knowledge of client distribution, knowledge of potential markets, location of areas of interest for siting businesses, location of competitors or the improved use of human resources. Iberwap's range of products, contents and solutions target a market comprising internet portals, logistics, transport, distribution and communications companies and public bodies. ABOUT TERRA LYCOS Terra Lycos is the new global internet company, operating in 41 countries with 91 million unique visitors. The company, which arose from Terra Networks, S.A's acquisition of Lycos, Inc., concluded in October, is one of the most popular web-sites in the US, Europe and Asia, and the most visited portal in Latin America, where it is present in 14 countries. Terra Lycos' web-sites include Lycos.com, Terra.com, Angelfire.com, AtuHora.com, Gamesville.com, HotBot.com, htmlGEAR.com, Invertia.com, LyocsZone.com, Matchmaker.com, Quote.com, Rumbo.com, Sonique.com, Tripod.com, Webmonkey.com, WhoWhere.com and Wired News (Wired.com). The company's head offices are in Barcelona and it has operations centers in Boston, Madrid, Sao Paolo and Monterrey, among others. It is listed on the Madrid bourse (TRR) and on the Nasdaq electronic market (TRLY). Forward-looking statements in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements may be identified by words such as "believes," "expects," "anticipates," "projects," "intends," "should," "seeks," "estimates," "future" or similar expressions. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability to successfully integrate the acquired business and to realize the synergies and other perceived advantages resulting from the acquisition, the level of usage of the Internet and traffic to the companies' Internet sites, continued acceptance of the companies' products, demand for Internet advertising, seasonal trends in advertising sales, the advertising budgeting cycles of individual advertisers, capital expenditures and other costs relating to the expansion of operations, the introduction of new products or services by the Company or its competitors, the mix of the services sold and the channels through which those services are sold, pricing changes, general economic conditions and specific economic conditions in the Internet industry and other risks detailed in the filings which Terra and Lycos have made with the Securities and Exchange Commission, including the Risk Factors section of Terra's Registration Statement on Form F-4 dated September 22, 2000 and the Annual Report Form 20-F for the fiscal year ended December 31, 1999. (c)2001 Lycos, Inc. Lycos(R)is a registered trademark of Carnegie Mellon. All other product or service marks mentioned herein are those of Terra Networks, S.A., Lycos, Inc. or their respective owners. All rights reserved. |
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