Filed by Terra Networks, S.A.
Pursuant to Rule 425 under the Securities Act of 1933
Subject Company: Lycos, Inc.
Commission File No. 000-27830
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.
<PAGE>
These materials contain certain forward-looking statements within the
meaning of the United States Private Securities Litigation Reform Act of 1995,
including, but not limited to: the Terra Networks, S.A. ("Terra Networks") and
Lycos, Inc. ("Lycos") combination; statements of anticipated financial
performance; estimates of future market share; and information regarding
management strategy, synergies, efficiencies and strategic partnerships.
Forward-looking statements may also be identified by words such as "believes",
"expects", "anticipates", "projects", "intends", "should", "seeks",
"estimates", "future" or similar expressions.
The forward-looking statements included in these materials are based on
current expectations, but actual results may differ materially from anticipated
future results due to various factors, many of which are beyond the control of
Terra Networks. Certain factors which could cause the actual individual and
combined results of Terra Lycos to differ materially from the expected results
include, among others: the risk that Terra Networks' and Lycos' businesses will
not be integrated successfully; costs related to the merger; failure of Lycos
stockholders to approve the merger; inability to further identify, develop and
achieve success for new products, services and technologies; increased
competition and its effect on pricing, spending, third-party relationships and
revenues; and inability to establish and maintain relationships with commerce,
advertising, marketing, technology and content providers.
WE URGE INVESTORS TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER
RELEVANT DOCUMENTS THAT TERRA NETWORKS AND LYCOS HAVE FILED AND WILL FILE WITH
THE SEC, BECAUSE THEY CONTAIN IMPORTANT INFORMATION.
Investors will be able to obtain copies of the registration statements and
other documents from the SEC's Public Reference Room at 450 Fifth Street, N.W.,
Washington, D.C. 20549, Telephone (202) 942-8090, Fax (202) 628-9001, E-mail:
[email protected]. In addition, documents (excluding any exhibits) filed with
the SEC by Terra Networks will be available free of charge from Terra Networks.
READ THE PROXY STATEMENT/PROSPECTUS CAREFULLY BEFORE MAKING A DECISION
REGARDING THE SHARE EXCHANGE.
This communication shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction.
