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By CNET News.com Staff
Posted on ZDNet News: Aug 11, 2003 3:28:00 PM

Overture Services on Monday announced that it will launch its paid-placement search service in Australia by the end of 2003. Citing Jupiter Research, the company said that the paid-search market in Australia is projected to grow at an annual compounded rate of 86 percent to about $41 million by 2005.

Overture said that its previously announced plans to launch in Spain, the Netherlands, Austria, Switzerland and Scandinavia by the end of the year remain on track

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