RealTime IT News

Maxnet Inc. Acquires Webphonebook.Com

Maxnet Inc. in New York said it completed the purchase agreement to acquire the assets of Intrasoft Ltd., an emerging Internet marketing company whose primary products consist of online industry directories and business guides at Webphonebook.Com.

The acquisition follows Maxnet's announcement on May 29 regarding a joint project with Fountainhead Management to launch a new search engine utilizing next generation 'search spider' technology. That technology will be incorporated into Webphonebook.Com's directory services.

Webphonebook.Com offers businesses an exclusive presence on a Web site service in a selected geographic area by zipcode listing. Listing price details were not disclosed.