FinnTech set up to set standards for online classifieds – joint venture between fish4.co.uk, Associated New Media and Finn.no

FinnTech set up to set standards for online classifieds – joint venture between fish4.co.uk, Associated New Media and Finn.no – Brief Article

INTERNET BUSINESS NEWS-(C)1995-2003 M2 COMMUNICATIONS LTD

Classified web site operators fish4.co.uk, Associated New Media and Finn.no have come together to form a joint venture called FinnTech.

The new organisation has been set up in a bid to create an industry standard technology that will be used to power the online classified ads of regional newspapers across Europe.

Under the terms of the agreement fish4.co.uk will adopt the FinnTech web site software to power its own classified web sites at http://www.fish4homes.co.uk, http://www.fish4jobs.co.uk and http://www.fish4cars.co.uk.

The financial terms of the agreement were not disclosed.

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