EPUBLICEYE SIGNS AGREEMENT TO ACQUIRE WEBWATCHDOG -- ONE OF
THE INTERNET'S FIRST ONLINE CONSUMER ORGANIZATIONS
Los Angeles, CA -- May 1, 2001 -- ePublicEye
announced today that it has executed an agreement to acquire
WebwatchDog, an online e-business rating service started in
1996. WebwatchDog was one of the first online companies
launched to help make the web a safer place to shop. Under
the terms of the deal, ePublicEye will immediately begin
providing rating services to WebWatchdog's 5,000 registered
online businesses and corporate accounts.
"WebwatchDog helped pioneer the development of trust
services on the Internet," said Errol Smith CEO of
ePublicEye.com. "The company was around before e-commerce as
we know it and developed a system that has been tested by
time."
"The acquisition of WebwatchDog strengthens ePublicEye's
position in the market and advances our effort the be the
leading global consumer confidence solution," said Smith.
WebwatchDog's rating service is very similar to ePublicEye's
and will be immediately re-launched as an entry-level
service under the ePublicEye brand. The basic application
will remain the same but will be bolstered by the addition
of many of ePublicEye's proprietary services.
"Here at WebWatchDog, we are confident that this agreement
will result in improved service and that most of our
merchants will wish to participate in the exciting, new
ePubliceye programs that will show off their business to
potential online customers, build their confidence and
increase sales," said Steven Fine President of WebwatchDog.
About ePublicEye.com
ePublicEye.com is the only global service that allows buyers
to rate e-businesses for reliability, privacy and customer
satisfaction in 5 languages. With over 17,000 registered
merchants, in 90 countries, ePublicEye is the leading
provider of trust services to small and medium sized
business around the world. Since 1996, ePublicEye.com has
maintained a focus on building confidence between consumers
and e-businesses in this market segment. Pioneers in the use
of consumer feedback to promote safer e-commerce, ePublicEye
is trusted internationally by thousands of small and
mid-sized merchants to continually survey their customers.
ePublicEye is the only company offering e-business ratings
in French, German, Spanish, Chinese and English, and is
uniquely positioned as an enabler of e-businesses worldwide.
About WebwatchDog
WebwatchDog was established in 1996 to provide a way for
consumers to of identifying quality merchants that meet
their needs. Webwatchdog emerged as a leading source of
complete and unbiased information on merchants doing
business on the web. WebwatchDog delivers reports about
merchants by letting shoppers continuously rate merchants
through a short survey after every purchase. By completing
these surveys, consumers help other shoppers identify the
best merchants on the web and raise the overall quality of
shopping on the Internet.
For more information contact:
Wanda San Juan, ePublicEye,
818-547-0222 PHONE
wms@epubliceye.com
or Christopher Simmons, Mindset Media
310-373-4856 PHONE
epe@mindsetmedia.com, for ePublicEye.
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