Xceed sells ChannelSeven.com

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Xceed, an online business developer, sold ChannelSeven.com and related properties, including TurboAds.com and Ad-Tech.com, to Internet industry portal internet.com. Financial terms were undisclosed. Xceed, formerly Water-Jel Technologies, was a supplier of first-aid equipment and travel-agency services before morphing into an Internet venture. It sold the first-aid business in January, but still owns the travel business.

Copyright March 2000, Crain Communications Inc.

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