“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.”