ChannelSeven.com Acquired by Internet.com

Posted on March 31, 2000

Xceed Inc. has announced that it has sold its online publishing business ChannelSeven.com, an Internet marketing resource, to internet.com.

Comments Werner Haase, Xceed's chief executive officer, ``Xceed's ability to successfully conceive of and grow ChannelSeven.com as its own Internet venture reflects the company's expertise in building Web businesses from the inside out. It is also a reflection of our company's continued commitment to maintaining its leadership position and focusing on its core service offerings.''

``Xceed has enabled ChannelSeven.com to build a solid reputation throughout the industry and the world as a leading-resource for news and analysis about the online marketing industry. ChannelSeven.com is an ideal fit with the internet.com's other Internet marketing resources, including the Internet Advertising Report and AdResource.com. We now cover every angle within the e-marketing category,'' said Alan M. Meckler, chairman and CEO of internet.com. ``Furthermore, ChannelSeven.com adds a critical audience to the internet.com network and we are now positioned to extend the marketing objectives of our advertisers and e-commerce partners even further.''

The media properties will be integrated into internet.com's Ecommerce/Marketing Channel which is also home to other web marketing resources including: Internet Advertising Report, AdResource.com, Cyberatlas, Refer-It, AllNetResearch, Ecommerce-Guide, Search Engine Watch and DomainNotes.com.