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BW: Net Shepherd's ktopia & Webb Interactive to Create ["Open Source"] Internet Business Directory

Jul 14, 2000, 20:17 (0 Talkback[s])

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"ktopia today announced it signed a technology-transfer and market licensing agreement with an option to acquire Indiro, a product of Webb Interactive (NASDAQ: WEBB). Built using the same Open Directory from Netscape that's being used by Alta Vista, Lycos and others, the Indiro Open Business Directory helps small companies in particular publish their information more widely on the Internet."

"Because this is an "open source" directory, companies can supply a detailed profile of their business directly to the Indiro directory and members of ktopia's virtual workforce, PeopleForce, will certify their information. Both companies and their customers will benefit from the pervasive distribution of this enhanced content throughout the Internet. Industry as whole will benefit from the development of new applications and services that can effectively leverage the enhanced, certified content that has never been widely available on the Internet before."

"We're taking the success of the Open Source movement and applying it to the Business Information industry. The Internet has promised the reconstruction of the Information industry for years - and we intend on delivering on that promise," states Michael Bauer, Vice President, Webb Interactive Services."

Press Release