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Telenor Selects Fast

FAST enters the Directory Service market

     

Tor

8:52 am on Feb 11, 2003 (gmt 0)

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Press release [fastsearch.com]
9:04 am on Feb 11, 2003 (gmt 0)

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Thanks, Tor.
...Opplysningen® 1881 Online to provide directory listing to most leading companies in Norway. Opplysningen® is Norway's largest and most complete Directory Service with 6.5M listings...includes all of the information in the White-, Pink- and Yellow-Pages catalogues, as well as all registered mobile phone subscribers from Telenor Mobil, NetCom, Sense Communication, among others ... allows one to search for listings in several categories in addition to keyword search.

So it's Fast data search. Fast does not provide listings, but the technology to organize and search the Telenor's Opplysningen database.

Tor

10:10 am on Feb 11, 2003 (gmt 0)

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In 1 hour the Fast stock has risen 6% on the Norwegian stock exchange (Oslo). ;)
10:14 am on Feb 11, 2003 (gmt 0)

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I imagine it's been an important step for Fast to partner with one of the norwegian heavyweights.

Tor

10:46 am on Feb 11, 2003 (gmt 0)

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I have been waiting for something to happen in this area since this [webmasterworld.com] interview with Fast`s CEO John Lervik.
12:52 pm on Feb 11, 2003 (gmt 0)

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Nice find Tor.

>stock up 6% today

FAST had a pretty good 4Q in 2002 [webmasterworld.com] so the future looks good for them I think.

I wonder if maybe FAST will land other big Scandinavian directory services?
Eniro for example, owns Scandinavian Online, which in part is powered by FAST. Eniro is a major directory service in Scandinavia, so it could be a natural move to use FAST's technology there.

Oh well, just speculating ;)

Tor

12:00 pm on Feb 12, 2003 (gmt 0)

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I`m sure that we will see new interting deals in the Directory Service market in the near future. According to Mr. Lervik this will be a new area in which Fast can sell their search technology.