GuruNet Launches Answers.com
January 03 2005 - 11:45AM
PR Newswire (US)
GuruNet Launches Answers.com Ad-Driven Free Site Replaces
Subscription-Based Service WESLEY HILLS, N.Y., Jan. 3
/PRNewswire-FirstCall/ -- GuruNet Corporation (AMEX:GRU), a leading
provider of integrated online reference information, today
announced the release of Answers.com, a site-and-software
combination providing instant reference answers rather than lists
of search engine links. GuruNet Corporation, through its
Answers.com site, plans to generate revenues from ads placed
alongside its topic entries, rather than from the subscription fees
it previously charged for the use of its premium service. "Changing
market conditions in the area of paid search have allowed us to
share our products with a broader audience, and we're excited to
open it up, for free, to broad usage," explained GuruNet CEO Bob
Rosenschein. "Students, teachers, professionals and users of all
ages will enjoy our streamlined interface. We expect to generate
revenues as many search engines and content sites have done
successfully, with ads and sponsored links." The company will
continue to develop and distribute its patented 1-click technology
-- used in its newest version of its "1-Click Answers" software --
allowing users to click anywhere on the screen for instant facts
about the word or phrase. GuruNet.com will remain the company's
corporate site. Existing GuruNet subscribers will continue to be
fully supported through their subscription periods, however, in
conjunction with the launch of Answers.com, the Company announced
that it would no longer offer new subscriptions to GuruNet.
Answers.com includes information on over a million topics, drawn
from a database of over 100 reference sources. Most recently,
GuruNet added content from Wikipedia, the expansive, collaborative
encyclopedia written and maintained by thousands of contributors
across the globe. This enhancement provides Answers.com with a new
level of relevant, up-to-date information, for a complete package
unavailable in other encyclopedias, glossaries and atlases. In
addition to its own customers, GuruNet currently supplies its
reference content to Amazon.com's A9.com search engine and to Comet
Systems. About GuruNet GuruNet is a leading reference search
engine. Founded in 1999 by Robert Rosenschein, GuruNet Corporation
(http://www.gurunet.com/) provides patented technology and software
tools to access authoritative definitions and facts. Additional
information for the media can be found at
http://www.gurunet.com/about_press_kit.jsp. GuruNet Press Contact:
Jay Bailey, Director of Communications, GuruNet 866-576-0352
GuruNet Investor Relations: BPC Financial Marketing John Baldissera
800-368-1217 DATASOURCE: GuruNet Corporation CONTACT: Press: Jay
Bailey, Director of Communications of GuruNet, +1-866-576-0352 or ;
or Investor Relations: John Baldissera of BPC Financial Marketing,
+1-800-368-1217, for GuruNet Web site: http://www.gurunet.com/
Copyright
ELEMENTS Linked to ICE B... (AMEX:GRU)
Historical Stock Chart
From Jun 2024 to Jul 2024
ELEMENTS Linked to ICE B... (AMEX:GRU)
Historical Stock Chart
From Jul 2023 to Jul 2024