Type: 425
Sequence: 1
Description: Rule 425 Communications
Filed by Lycos, Inc.
Pursuant to Rule 425 under the Securities Act of 1933
Commission File Number 0-27830
Subject Company: Terra Networks, S.A.
This announcement contains forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements are based on management's
current expectations or beliefs and are subject to a number of factors and
uncertainties that could cause actual results to differ materially from
those described in the forward-looking statements. The forward-looking
statements contained herein address future financial and operating results
and the benefits of the merger. The following factors, among others, could
cause actual results to differ materially from those described in the
forward-looking statements: the risk that our businesses will not be
integrated successfully; costs related to the merger; increased competition
and its effects on pricing, spending, third-party relationships and
revenues; inability to obtain, or meet conditions imposed for, antitrust
approvals related to the merger; inability to further identify, develop and
achieve commercial success for new products, services and technologies;
inability to establish and maintain relationships with commerce,
advertising, marketing, technology and content providers; and failure to
obtain necessary stockholder approvals for the merger. For a detailed
discussion of these and other cautionary statements, please refer to Lycos'
and Terra's filings with the Securities and Exchange Commission.
Investors and security holders are urged to read the proxy
statement/prospectus regarding the merger when it is finalized and becomes
available, because it will contain important information. Lycos and Terra
will file the proxy statement/prospectus with the Securities and Exchange
Commission. Investors and security holders may obtain a free copy of the
final proxy statement/prospectus (when it is available) and other documents
filed by Lycos and Terra with the SEC at the SEC's web site at www.sec.gov.
The proxy statement/prospectus and these other documents may also be
obtained for free from Lycos or Terra.
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TERRA LYCOS
Transcript of Video Presentation
Terra the largest Spanish and Portuguese speaking Internet player.
And Lycos, one of the most important players on the net have merged to
offer the user the best choice on the Internet.
Terra Lycos is the first Internet player with a real global footprint. Well
established in high potential growth markets, with the best cash position
of the world of Internet.
Terra Lycos will become the largest multiple platform content distributor
with stakes throughout the Internet value chain, holding a diversified
revenue mix, stemming both from the geographical point of view as from the
business opportunities.
Terra Lycos adds up to over 7 billion page views per month, nearly 5
million access subscribers, 60 million registered users, 91 million unique
visitors, over 3,000 advertising partners and over 5,000 stores.
Terra Lycos enjoys strong highly motivated mangers and employees that
together with state of the art technology and with a driving strength of a
leading project make themselves available to any person throughout the
world to make the Internet experience an amazing breakthrough of freedom.
