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Marketwatch.com launches Home Price Check
SAN FRANCISCO and BOSTON, September 21, 2000 - domania.com,
the online real estate infomediary and a CMGI @Ventures portfolio company, and
MarketWatch.com, Inc. (Nasdaq: MKTW), the publisher of the most visited
financial news site on the Internet, today said that domania.com will power the
Home Sales Tool found within the CBS MarketWatch.com Web site (
http://cbs.marketwatch.com).
The tool, which gives MarketWatch.com visitors free access to
over 21 million actual home sales records, is the latest addition to CBS
MarketWatch.com's varied portfolio of personal finance data and tools. The Home
Price Check search engine (http://homepricecheck.marketwatch.com) allows visitors
to search for actual home sales price records by street, by specific property or
by price range in cities and towns across the United States, enabling users to be
better informed when they purchase what is usually their single largest asset -
their homes.
MarketWatch.com will promote the Home Price Check tool from
various locations within the site, such as the home page, the Market Data and
Tools page, the Personal Finance page and its Real Estate section.
"Working with CBS MarketWatch.com, an online leader in personal
finance and business news, we're moving management of the home as a financial asset
to the next level," said Steven Kropper, chief executive officer, domania.com.
"Availability of the domania.com search engine on the CBS MarketWatch.com web site
not only will provide a vital service, it also will raise awareness of our
domania.com brand among the millions of consumers who rely each day on MarketWatch.com."
"The home sales search engine will provide MarketWatch.com
with a new and extremely powerful personal finance tool that will enable users
to make the best possible home-buying decisions," said William Bishop,
MarketWatch.com Executive Vice President, Business Development. "We are extremely
pleased to join with domania.com in making Home Price Check available to the users
of the CBS MarketWatch.com web site."
Domania.com, Inc. powers real estate research on the Internet, giving consumers
information to help them save time and money in the real estate process and to
support lifetime management of their largest assets - their homes. The company
operates a leading real estate Web site (http://www.domania.com) and distributes
a popular comparable home sales search engine across the Web through leading
properties including MarketWatch.com, Inc., Yahoo! Real Estate, America Online,
Motley Fool and Dow Jones. domania.com creates strong and informed relationships
among consumers and the home services and real estate professionals who serve them.
Closely-held domania.com is an investment of CMGI @Ventures, the venture capital
affiliate of CMGI.
MarketWatch.com, a leading interactive financial media company, provides fast,
relevant information via the Internet, television and radio to help people make
and save money. The company operates leading financial Internet websites at
http://cbs.marketwatch.com , http://www.bigcharts.com, and, in a joint venture
with the Financial Times of London, launched its first international site at
http://www.ftmarketwatch.com. MarketWatch.com's financial news and tools are
licensed in custom-designed formats by major brokerages and Internet sites.
In addition to producing CBS MarketWatch Weekend, the company also provides
radio network news programming via The MarketWatch.com Radio Network, which offers
business reports twice an hour, 24-hours a day, 5 days a week, plus weekend features
and special extended coverage of major business news stories. Founded in 1997 and
headquartered in San Francisco, MarketWatch.com has facilities and bureaus in New York
City, Minneapolis, Washington D.C., Los Angeles, Chicago, Boston, Detroit, Atlanta,
Dallas, Austin, Tokyo, Hong Kong and London.
CBS MarketWatch.com is the most popular Internet destination for business and
financial news according to the latest data from the research firm Media Metrix.
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