Today’s Deals: NetZero Absorbs FreeI Networks

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        ISPs/Access
providers

  
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Scorecard:      B

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  ATLANTA, Oct. 6–Internet Security Systems, a provider of security management solutions for the Internet,
  announced the formation of its Brazilian subsidiary from the acquisition of
  its exclusive distributor, SARIS, Seguranca Ativa de Redes Internet
  e Sistemas Ltda. Together, the two companies, Internet Security Systems and SARIS, will be
  responsible for delivering Internet security solutions in Brazil,
  Argentina, Chile, Uruguay and Paraguay and will be a key part of the
  company’ s global strategy to offer complete security solutions through
  consulting, products and managed security. Terms of the acquisition were
  not disclosed.
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        ISPs/Access
providers

  
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Scorecard:      B+

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  WESTLAKE VILLAGE, Calif., Oct. 6–NetZero, a provider of advertising- and commerce-supported Internet
  access, announced that it has signed a non-binding letter of intent to
  acquire certain assets of FreeI Networks, a national provider of
  free Internet access. On Friday, October 6, FreeI Networks filed for protection
  under Chapter 11 of the United States Bankruptcy Code. One goal of the
  transaction is to ensure Freeinternet.com users experience no interruptions
  in service. It is expected that users will be referred to NetZero’s
  service, and will be able to keep their current e-mail address. The terms of
  the proposed transaction were not disclosed.
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Amount:        
Undisclosed

  
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Terms:           
100% stock

  
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Premium:&

nbsp;       n/a

  
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Industry:       
Designers/Consultants

  
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Scorecard:      C

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  BOCA RATON, Oct. 2–i-Titan Communications Networks, a
  privately-owned international wireless infrastructure company, and Kwik
  Web, a Web site tool developer and owner of Internet
  Property Development Corp., have signed a non-binding letter of intent to
  merge. The terms of the agreement call for a one to one stock swap of i-Titan and Kwik Web shares.
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Amount:        
Undisclosed

  
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Terms:           
100% stock

  
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Premium:        n/a

  
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Industry:        E-commerce
enablers

  
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Scorecard:      C

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  NEW KENSINGTON, Pa., Oct. 6–Bidnow.com has acquired
  GlobalCart.com, an Internet based virtual store solution for an
  undisclosed amount of company stock, to provide small and medium sized
  businesses easy access to various technological services. With the
  acquisition of GlobalCart.com, Bidnow.com will now be able to deliver an
  affordable e-commerce solution to its broad range of auction clients.
  Details of the transaction were not disclosed.
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Amount:        
Undisclosed

  
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Terms:           
100% stock

  
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Premium:        n/a

  
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Industry:        Financial
services

  
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Scorecard:      C

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  SAN DIEGO, Oct. 6–Executive Help Services
  announced it signed an Agreement and Plan of Merger with
  ClickIncomes.com. ClickIncomes.com will be merged into
  Executive Help Acquisitions, Inc., a wholly owned subsidiary of Executive
  Help Services, with Executive Help Acquisitions, as the survivor of the
  merger. As a result of the merger, all of the issued and outstanding shares
  of common stock of ClickIncomes.com will be converted into shares of common
  stock of Executive Help Services on a one for one basis. Upon the
  consummation of the merger, Executive Help Services, Inc. intends to seek a
  name and symbol change.
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