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August 20, 1996

AOL BUYS PL SOFTWARE STAKE, GETS HANDS ON WEB SEARCH TOOLS

By CBR Staff Writer

America Online Inc, Vienna, Virginia has taken a minority stake in Personal Library Software Inc, and will incorporate Personal Library technologies in its service. The company, which manufactures information retrieval software, is developing a content navigation system to enable users to locate and access information on the World Wide Web that current search engines are unable to find. The terms of the deal were not disclosed.

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