17.07.2007 – 17:57
euro adhoc: Lycos Europe N.V.
Europe N.V. to enter into a New Trademark License Agreement
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Haarlem / Netherlands, July 17, 2007 - LYCOS Europe N.V. (LYCOS), one of the leading European portal providers and online advertisers, executed a new License Agreement with Lycos, Inc. for a consideration of about USD 5.2 mln. This perpetual and royalty-free license includes the right to utilize the LYCOS as well as the HOTBOT, TRIPOD and ANGELFIRE trademarks in all European countries and Armenia. While executing the new License Agreement, LYCOS and Lycos, Inc. have also settled all outstanding issues.
About Lycos Europe Lycos Europe (ISIN NL0000233195) is one of the leading Internet destinations operating a network of websites in seven languages in Europe and the USA. The company's combination of search, communication services, online communities, content channels, Internet access, shopping, homepage building and domain names registration addresses a wide range of target groups. The Lycos Europe Network provides an attractive medium not only for consumers but also for advertisers and e-commerce partners. Every month about 38 million users visit the Lycos Europe sites and also partner sites distributed by Lycos Europe. With a network of websites covering Austria, Denmark, France, Germany, Great Britain, Italy, the Netherlands, Spain, Switzerland and the USA, Lycos Europe has a large geographical reach in Europe and Northern America.
end of announcement euro adhoc 17.07.2007 17:20:55
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