Excite Launches Free Web Clipping Service -MOUNTAIN VIEW, Calif.

MOUNTAIN VIEW, Calif. -- Excite, which runs Internet search and navigation services, has launched what it says will be the first free new...

MOUNTAIN VIEW, Calif. -- Excite, which runs Internet search and navigation services, has launched what it says will be the first free news clipping service available over the World Wide Web.
The new service, Excite NewsTracker, can search a database of more than 300 publications, and can track up to 20 specific news topics on a daily basis or browse broad news categories, Mountain View, Calif.-based Excite said.

NewsTracker is available via Excite's Web site (http://excite.com).

Excite shares jumped $2.25 to $20.50 on Nasdaq after the announcement.

Excite said its clipping database includes publications ranging from Time Warner Inc.'s Sports Illustrated and Fortune magazines to The New York Times .

Free access is supported by advertising, using banner ads common to many Web sites, rather than subscription fees.

The clipping service offers three ways for Web surfers to retrieve articles from news sources -- by customized topics, according to broad news topics and by a simple search.

With each article retrieved through the customized clipping service, a user can click on a "liked it" box which helps the clipping service learn and memorize what articles the subscriber finds most relevant.

To use the clipping service, individuals must enter an e-mail address, a zip code and a password to enable the service to track preferences. The search and browse features are available without registration.

Excite, which has been battling to nail down a solid market position behind Internet search pioneer Yahoo, last year bought Mckinley Group's Magellan Internet Guide and America Online's WebCrawler search engine.

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