RealTime IT News

Lycos Launches Asian Presence

Lycos Inc. announced today it has joined with leading Korean Internet service provider LG InterNet to launch Lycos Korea, the latest in a line of international sites unveiled by the search and navigation service.

Lycos Korea will feature Lycos' search and navigation technology customized for the Korean market in the country's native language.

Under the agreement, Seoul-based LG InterNet will run the daily operations of the site, and be responsible for the integration of local content, sales and marketing, and administration.

"The establishment of Lycos Korea is a very important step for us as we seek to become the premier Internet Online media company in Korea," said Yang Dong Lee, President of LG InterNet, said in a statement today.

"The first step for us is to make Lycos Korea the premier search and navigation service in Korea. I am confident that we can achieve this not only by providing advanced navigation services based on Lycos' technology, but also by bundling the local content and community features that are being developed by LG InterNet."

LG InterNet is a division of the LG Group, one of South Korea's biggest conglomerates.