Bankrate And Move Announce Distribution Agreement
06 Setembro 2007 - 10:00AM
PR Newswire (US)
NEW YORK, Sept. 6 /PRNewswire-FirstCall/ -- Bankrate, Inc.
(NASDAQ:RATE) and Move, Inc. (NASDAQ:MOVE) announced today the
companies signed an agreement for Bankrate to be the provider of
mortgage and home equity rate data on the Move network of Web
sites. Move will also make select Bankrate articles and features
available to the millions of monthly users on its network. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040122/FLTHLOGO) Under the
agreement, Bankrate will power the rate table listings within the
Finance Channel at Move.com
(http://finance.move.com/homefinance/mortgages/default.asp?source=a77005).
The Bankrate sales force will sell all hyperlink ads and selected
graphic ad inventory on pages containing Bankrate content. "Move is
a well known category leader and a great source of consumer
Internet traffic. Our collaboration with Move extends the reach of
the Bankrate network to its highly qualified, in-market audience,"
said Thomas R. Evans, President and CEO of Bankrate, Inc.
"Consumers visiting the Move Web sites will benefit from our
comprehensive listing of mortgage and home equity products and
providers," added Mr. Evans. "We're pleased to provide consumers
with the combined resources offered by Bankrate and Move," Said
Prem Luthra, senior vice president of consumer media at Move, Inc.
"Through our partnership with Bankrate, consumers on Move.com will
now have direct access to the nation's leading mortgage products
and services, enabling them they to make smarter and faster
decisions as they search for the right home." About Bankrate, Inc.
Bankrate, Inc. (NASDAQ:RATE) ("Bankrate") owns and operates
Bankrate.com, a leading Internet consumer banking marketplace.
Bankrate.com is a destination site of personal finance channels,
including banking, investing, taxes, debt management and college
finance. Bankrate is the leading aggregator of more than 300
financial products, including mortgages, credit cards, new and used
auto loans, money market accounts and CDs, checking and ATM fees,
home equity loans and online banking fees. Bankrate reviews more
than 4,800 financial institutions in 575 markets in 50 states. In
2006, Bankrate.com had nearly 53 million unique visitors. Bankrate
provides financial applications and information to a network of
more than 75 partners, including Yahoo! (NASDAQ:YHOO), America
Online (NYSE:TWX), The Wall Street Journal (NYSE:DJ) and The New
York Times (NYSE:NYT). Bankrate's information is also distributed
through more than 400 national and state publications. In addition
to Bankrate.com, Bankrate also owns and operates Bankrate Select,
an Internet lead aggregator and Mortgage Market Information
Services, Inc. and Interest.com, Inc., each of which publishes
mortgage guides and financial rates and information. ABOUT MOVE,
INC. Move, Inc. (NASDAQ:MOVE), the leading online network of
websites for real estate search, finance, and moving, is the
essential resource for consumers seeking the information and
connections they need before, during and after a move. Move, Inc.,
operates Move.com(TM) (http://www.move.com/), a leading destination
for information on new homes and rental listings, moving, home and
garden and home finance; REALTOR.com(R) (http://www.realtor.com/),
the official Web site of the National Association of REALTORS(R);
Welcome Wagon(R) (http://www.welcomewagon.com/); Moving.com;
SeniorHousingNet(TM); TOP PRODUCER(R) Systems;
FactoryBuiltHousing.com; and Home Plans. Move, Inc. is based in
Westlake Village and employs more than 1600 individuals throughout
North America. For more information: http://www.move.com/. For more
information contact: Bankrate, Inc. Kayleen Keneally Sr. Director,
Corporate Communications (917) 368-8677 Move, Inc. Kristina Levsky
- The Rogers Group or (310) 552-4137 Julie Reynolds - Move Inc. or
(805) 557.3080
http://www.newscom.com/cgi-bin/prnh/20040122/FLTHLOGO
http://photoarchive.ap.org/ DATASOURCE: Bankrate, Inc. CONTACT:
Kayleen Keneally, Sr. Director, Corporate Communications of
Bankrate, Inc., +1-917-368-8677, ; or Kristina Levsky of The Rogers
Group, for Move, Inc., +1-310-552-4137, ; or Julie Reynolds of Move
Inc., +1-805-557-3080, Web site: http://www.bankrate.com/
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