Exhibit 99.1
News Release
August 11, 2000 Symbols: WIZ-CDNX
WIZZF-OTC BB
IANETT INTERNET TECHNOLOGIES FORMS STRATEGIC ALLIANCE WITH CLICKHOUSE.COM
iaNett Internet Technologies, a developer of Internet business-to-business
products, is pleased to announce a strategic alliance with ClickHouse.com Online
Inc. (CDNX:CKA), a leader among online banner advertising network companies.
Under the terms of the agreement, iaNett customers will receive several benefits
from the ClickHouse.com Ad Network such as gain online visibility, attract new
customers, promote brand awareness, advertise at no cost on the ClickHouse
Banner Exchange, increase web traffic, and buy premium advertising on the
ClickHouse.com Ad Network.
iaNett will receive a royalty of the total amount of revenues billed and
collected from Active Network Members referred to ClickHouse.com by iaNett.
Additionally, iaNett and ClickHouse.com are working towards providing search
engine customers with targeted banner advertising from the ClickHouse.com Ad
Network, based upon search results.
"Our strategic alliance with ClickHouse.com allows iaNett to provide customers
with our search content, combined with a turnkey revenue model, as well as an
avenue to advertise their services through the ClickHouse.com network," says
iaNett president Shone Anstey.
"We are please to form this alliance with iaNett, as it will bring more Network
Members to the ClickHouse.com Ad Network," added Edward Kelly, Vice President of
Marketing and Business Development. "With this new strategic alliance, combined
with others we have formed over the last few months, we are confident that we
will surpass our year end goal of 10,000 Network Members."
ABOUT IANETT
iaNett, part of the WSi network of companies, develops and markets scalable
Internet searching technology, empowering websites to fully integrate Internet
search engine content to promote visitor retention and site appeal. The unique
search engine technology is based on a progressive parallel-computing
infrastructure, capable of scaling to search over one billion documents in less
than one second. Unlike other search engine solutions that direct traffic away
from a site, this initiative works to integrate a dedicated Internet search
engine into a client's website to promote site stickiness and encourage visitors
to return to the site.
ABOUT CLICKHOUSE.COM
ClickHouse.com Online Inc. is an online advertising network and services company
that has Network Members in over 34 countries and was founded to develop,
implement and market unique technology and systems for companies wishing to
advertise and increase their visibility over the Internet. The company has
positioned its ClickHouse.com Ad Network to address two problems for online
advertisers: high cost and ineffective targeting. The nature of the network is
to aggregate member sites which are thematically tied and part of specific
vertical markets and/or geographic regions selected by the company. Network
Member sites receive no-cost visibility on other sites that also populate the
network, and revenue from paying advertisers desiring access to the targeted
audience delivered from the network as a whole. yesmail.com (NASDAQ: YESM),
NetNation Communications, Inc. (NASDAQ: NNCI) and Commission Junction are among
the growing roster of ClickHouse.com strategic business partners.
ABOUT WSI INTERACTIVE
WSi Interactive Corporation is an innovative Internet business development and
marketing firm whose objective is to capitalize on content and infrastructure
opportunities on the Internet. WSi builds, manages and markets online businesses
in the financial, e-tail and e-commerce, entertainment, and e-advertising
sectors.
WSi focuses on early-stage companies where it can add significant value to the
investment through a network of relationships and strategic alliances, using its
experience to help Internet companies build traffic, develop brands, and
capitalize on a variety of revenue streams.
To receive information on WSi by e-mail or fax, please forward your Internet
address/fax # to: [email protected]/fax: 1-877-499-5806.
Investor Relations Toll Free: 1-888-388-4636
Website: WWW.WS-I.COM
ON BEHALF OF THE COMPANY
"Theo Sanidas"
Theo Sanidas, President
This news release may contain forward-looking statements that involve risks and
uncertainties, including the impact of competitive products and pricing and
general economic conditions as they affect the Company's clients. Actual results
and developments may therefore differ materially from those described in this
release. No regulatory authority has reviewed nor accepted any responsibility
for the adequacy or accuracy of the contents of this release.
