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Virtuallender.com Signs With Flycast Communication Corp.

Online mortgage banker and direct lender Virtuallender.com Inc. selected the Flycast Communications Corp. as its lead Web advertising company.

The company said the relationship with Flycast is one component of a large advertising campaign that is being launched in several waves over the coming weeks. Spending was not disclosed.

The Flycast Network, claims to reach more than 22 million unique visitors, or 37 percent of the Web audience and serves one billion impressions per month.

"Through this campaign we anticipate a substantial increase in the volume of online-generated loan applications," said Carol Pizzo, president of Virtuallender.com. "This increase in online traffic, coupled with our expanding commercial business, will contribute significantly to our 1999 earnings."