SUNNYVALE, CA -- (January 28, 1998) -- Infoseek Corporation (Nasdaq: SEEK) announced the filing on January 28, 1998 of a Registration Statement with the Securities and Exchange Commission relating to a proposed public offering of 3,000,000 shares of its common stock, all of which are being offered by the Company. The Company has also granted the underwriters an option to purchase 450,000 additional shares of common stock for the purpose of covering over-allotments, if any. The offering will be managed by Merrill Lynch, Pierce, Fenner & Smith Incorporated and BT Alex. Brown Incorporated.
The Registration Statement relating to the offered shares has been filed with the Securities and Exchange Commission, but has not yet become effective. Such shares may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the offered shares, nor shall there be any sale of the offered shares in any State in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such State. A preliminary prospectus relating to the offering of the offered shares, when available, may be obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated, 250 Vesey Street, New York, NY 10281 and BT Alex. Brown Incorporated, 1 South Street, Baltimore, MD 21202.
Based in Sunnyvale, California, Infoseek Corporation is a connected media company and a leading Internet search and navigation service that is designed to be every viewer's first stop on the Internet. In addition to the Infoseek Internet service, Infoseek licenses its Ultraseek Server search and navigation software to companies.