1,000,000th "Citizen" joins FortuneCity.com; Global Community Network Has Doubled in Size Over the Last Four Months.NEW YORK--(BUSINESS WIRE)--Jan. 27, 1999--FortuneCity.com, one of the world's largest and fastest growing global online community networks, announced the registration of their 1 millionth community citizen earlier in January. This major milestone also highlights a complete doubling of FortuneCity's total membership over the last four months. "Reaching this milestone is a testament to our unique, member run community model," commented Peter Macnee, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of FortuneCity.com. "Our registered citizen growth trajectory is meeting our expectations, helping us to further solidify our position as one of the market leaders in the space." A "citizen" at FortuneCity.com is an Internet user Internet user n → internauta m/f Internet user Internet n → internaute m/f who registers with the FortuneCity.com global community network, builds a homepage utilizing the free tools provided, and sets up a free e-mail See Internet e-mail service. account within the network. There is no charge to the user for these services. When asked to comment on reasons behind the recent growth, FortuneCity.com Chief Technology Officer David Starr David Starr (born October 11, 1967 in Houston, Texas) is a driver in the NASCAR Craftsman Truck Series. He made his first start in 1998 and got his first win in 2002 at Las Vegas Motor Speedway on his way to his best points finish, 5th. He grabbed 2 more wins in 2004. stated, "We provide a host of services which some of our competitors charge for. FortuneCity.com leads the industry by providing 20 mega bytes of free homepage space, and we don't interfere with the citizen-run dynamic of FortuneCity's community environment. Simply put, as the only true democratically styled community, we give the users what they ask for. The users, in turn, utilize the tools and their experience to drive the continual development of the community network." Now with over 1,000,000 registered citizens, the recent launch of the ACMEcity entertainment community joint venture with Warner Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . Online, and a planned minority investment stake into the company by Warner Bros., FortuneCity.com plans to continue efforts focusing on globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation of the community network. For additional information, please contact FortuneCity.com's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. headquarters at: 212-995-2489 x216, or visit http://www.fortunecity.com. FortuneCity.com, Inc., is one of the largest and fastest growing global online community networks on the Internet. The FortuneCity sites in the USA (FortuneCity.com) and Germany (.DE) are the only true democratic, member run, virtual-city communities in cyberspace. ACMEcity.com, a global joint venture between FortuneCity.com and Warner Bros. Online, is also the largest entertainment community portal on the Internet. All part of the FortuneCity global community network, these Web destinations are places where people come for fun, interaction, to build their own free homepages, access free e-mail, and to purchase goods on-line. FortuneCity.com's sites world-wide have over 1,000,000 registered citizens, receive approximately 612 million total hits per month, attract approximately 700,000 visits a day, and generate over 110 million advertising impressions per month. FortuneCity.com was ranked the 13th fastest growing Web site in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. as of August 1998 by Media Metrix, and was named the 7th largest Web Services site on the Internet by Media Metrix in January 1999. FortuneCity.com, a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market close corporation, closed corporation, private corporation , was founded by Dan Metcalfe and Richard Jones in March 1997. The company generates revenue from advertising, as well as through e-commerce and e-tailing partnerships. FortuneCity.com has its North American headquarters in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , and European headquarters in Germany. The company has operations in London, San Francisco, Sweden, and Singapore. http://www.fortunecity.com http://www.fortunecity.de http://www.acmecity.com |
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