Ask Jeeves, Inc. has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC") and announced the purchase of the search company Tukaroo Inc. After the registration statement is declared effective by the SEC Ask Jeeves 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.
Ask Jeeves has also announced the acquisition of substantially all of the assets of Tukaroo, a San Jose-based desktop search technology company. Tukaroo, founded in 2003 in San Jose, California, is a privately held corporation. Its desktop search and file management software is designed to enable consumers to access, view, and manage their information in real time. Tukaroo's technology searches a user's hard drives, internal networks, or the Internet from an installed toolbar.
Ask Jeeves, Inc. provides consumers and advertisers with information retrieval products across a portfolio of Web sites, portals, and desktop search applications. Ask Jeeves' search and search-based portal brands include: Ask Jeeves; Ask Jeeves for Kids; Excite; iWon; My Search; My Way; My Web Search; and Teoma. Ask Jeeves also owns the search technology Teoma, proprietary natural language processing technology, as well as portal and ad serving technologies.