RealTime IT News

24/7 Media Europe to Rep for GLBN's UK-iNvest

GlobalNet Financial.com Inc. in London and 24/7 Media Europe signed an exclusive worldwide sales representation agreement for UK-iNvest.com, scheduled to launch this week as the sole provider of financial news and information on Freeserve's financial channel.

Freeserve is a free, advertising and e-commerce backed ISP in the United Kingdom.

Advertising, sponsorship and direct marketing sales representation will be provided exclusively by 24/7 Media Europe's 13 European offices and through 24/7 Media Inc.in the USA and 24/7 Media Asia.

Free to registered users, UK-iNvest.com content includes news, commentary, interviews with investment managers and analysts, quotes, performance charts, a database of UK publicly traded companies, investor education, commentary and live streaming video and audio of interactive Internet events.

UK-iNvest said it expects to exceed five million monthly impressions. It will be sold both individually and as a part of 24/7 Media Europe's Business and Financial content channel, currently comprising 16 European sites including WOQATS, EuropeanInvestor, Economy Web, Top Finance and IFNET.

"UK-iNvest will launch as the UK's most comprehensive investment site to date. . .we want to maximize (ad) revenues from these opportunities--a goal that 24/7 Media Europe is ideally placed to help us achieve," said Stanley Hollander, president and co-chief executive officer of GlobalNet.

GlobalNet Financial.com Inc. operates the U.S. Web site www.MicroCap1000.com, launched in October 1998.