Open Market, Inc. announced that NextPage has exercised its option to purchase the Folio technology, which it had been licensing from Open Market. NextPage will pay Open Market $6.6 million in cash in the first quarter 2001, to complete the sale. Open Market began licensing the Folio technology to NextPage in June of 1999. The technology delivers advanced search and navigation of large data files as part of the Search Services component of NextPage’s core NXT 3 e-Content Platform. The purchase completes NextPage’s three-year product license agreement. www.nextpage.com, www.openmarket.com
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