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Ask Jeeves files universal shelf registration statement

Ask Jeeves has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission.

After the registration statement is declared effective by the SEC, the Company will be able to offer and sell up to $400 million of its common stock, preferred stock, depositary shares, debt securities and warrants from time to time in one or more public offerings.

The terms of any such future offerings would be established at the time of such offering.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities 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 the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Ask Jeeves, Inc. provides consumers and advertisers with search and media products across a diverse portfolio of Web sites, portals and desktop search applications.

Ask Jeeves' search and search-based portal brands include: Ask Jeeves (Ask.com and Ask.co.uk); Ask Jeeves for Kids (AJKids.com); Excite (excite.com); iWon (iwon.com); My Search (mysearch.com); My Way (myway.com); My Web Search (mywebsearch.com) and Teoma (teoma.com).

Ask Jeeves also owns the search technology Teoma, proprietary natural language processing technology, as well as portal and ad serving technologies. In addition to powering several of the Ask Jeeves brands, the Company syndicates its technologies to help companies increase revenue through powerful search.

Ask Jeeves' advertising services, which includes Ask Jeeves, The Excite Network, and MaxOnline, provides advertisers with targeted tools to reach a broad base of highly valuable customers.

Ask Jeeves, Inc. is headquartered in Emeryville, California, with offices throughout the United States, as well as in London, Dublin, and Tokyo.

Source: inSourced

Posted by nakul at June 14, 2004 11:18 AM | TrackBack