Yahoo! Inc. and cybermeals Inc., the online meal ordering system, signed an agreement making cybermeals the premier take-out and delivery service on Yahoo!
cybermeals has a network of more than 13,000 restaurants nationwide that
handle online orders for takeout and delivery.
cybermeals said it expects to have more than 25,000 restaurants in the network for its launch on Yahoo! The company will have a presence in multiple Yahoo! categories and will appear on food-related keyword search result pages. Financial terms of the deal were not disclosed.
cybermeals integrates its restaurant database with large-scale, geo-
positioning software, Apple’s WebObjects, MapQuest data, and other proprietary technology, to ensure that consumers only see those restaurants from which they can order.
Tim Glass, co-founder, president and chief executive officer of Seattle-based
cybermeals, said that online restaurant ordering is “the natural evolution
from phone and fax orders.”
In recent months, cybermeals has also signed marketing agreements with Lycos, Excite, and America Online.