INFS Infoserve

 

TIDMINFS 
 
RNS Number : 7461T 
Infoserve Group PLC 
01 October 2010 
 

                              Infoserve Group plc 
 
                            Revenue sharing agreement 
 
Infoserve Group plc ("the Company"), the online local business search and 
directory specialist, is pleased to announce that on 1st October 2010, the 
Company entered into an agreement with Web Business Power Limited ("WBP"), an 
operator of online advertising, hosting & website services.  The agreement 
allows Infoserve to provide online services to customers of WBP in return for a 
share of revenue from sales to those customers over a three year period. As a 
result of the agreement, Infoserve will obtain access to data on approximately 
7,000 potential new customers to whom it will have the right to provide online 
advertising services and other products. The agreement is expected to contribute 
to profitability from year 2. 
 
Commenting on the agreement, Executive Chairman, Steve Barnes said: 
 
"This agreement offers a unique opportunity to gain access to around 7,000 
potential new customers who have already purchased online directory listings." 
 
For further information, please contact: 
 
+-----------------------------------------------+------------------------+ 
| Infoserve Group plc                           | Tel +44 (0)113 238     | 
| Steve Barnes, Executive Chairman              | 6200                   | 
| steve.barnes@infoserve.com                    | www.infoservegroup.com | 
| Jonathan Simpson, Finance Director            |                        | 
| jonathan.simpson@infoserve.com                |                        | 
|                                               |                        | 
+-----------------------------------------------+------------------------+ 
| Nominated Adviser                             | Tel +44 (0) 161 832    | 
| WH Ireland                                    | 2174                   | 
| Robin Gwyn                                    |                        | 
| robin.gwyn@wh-ireland.co.uk                   |                        | 
|                                               |                        | 
+-----------------------------------------------+------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 AGRLLFLEIALLIII 
 

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