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
The multicultural corporation is born and open to the world: Terra Lycos.
Terra Lycos brings a whole new philosophy to the world of the Internet
riding on three basic pillars.
First: Think global, act local.
This entails locally tailored country specific contents for each portal.
Local information and news network coverage.
Common interest communities for each targeted user and whole new way of
enjoying the most interesting site through the widest range of content
possibilities.
With the availability of quality top speed multiplatform Internet access
for cellular, satellite and ADSL protocols.
And the advantage of local multimedia resources.
Second: Interactive. That is to get your choice and get interactive with
artists and famous characters.
Because we have the fullest cutting edge technology multimedia contents
where you will find all the information, entertainment games and
communication tools available.
Third: Live events Network. Open world wide 24 hours a day.
World wide coverage and live broadcasting of sports, shows, concerts and
updated news.
All this means we know our target users and we can deliver to their
specifics needs.
All based on interactive cutting edge technology that establishes Internet
as the tool that can make the human being a little happier day after day.
