Activate and Unit.Net Build Global Streaming Media Presence; Leading Streaming Media Companies Join Forces to Meet Global Communication Needs.Business Editors, Technology Writers SEATTLE--(BUSINESS WIRE)--April 4, 2000 Activate, a majority-owned operating company of CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) , Inc. (Nasdaq:CMGI), today announced it has signed a formal relationship agreement with Unit.Net, a leading European streaming media company, to provide streaming media solutions to a global audience. The two companies will work together to provide streaming media services, including network infrastructure and production facilities, to customers that need to reach global marketplaces. This relationship will also provide the first dedicated global streaming network with the ability to reach markets in North America, Europe and Asia. Activate and Unit.Net have worked together for almost two years on multiple projects including the World Trade Organization's Third Ministerial Conference, which was broadcast to a worldwide audience in three separate languages. Formalizing this relationship allows both companies to extend their reach and to leverage each other's existing customers, integration of products and services, and networks. "To fully serve our global customers, we are aligning ourselves with a key streaming media player See digital media hub. in the European marketplace," said Jeff Schrock, 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. and co-founder of Activate. "It is fortunate that we were able to formalize our relationship with a company like Unit.Net that has the same vision and commitment to customer satisfaction as Activate." "The WTO See World Trade Organization. Internet team was fortunate to work with leading companies like Activate and Unit.Net in webcasting the Seattle Ministerial Conference," said Jean-Guy Carrier, head of WTO internet services. "Their patience, flexibility, professionalism and high degree of technical proficiency helped produce a successful broadcast that was enjoyed worldwide." "In today's Internet economy, customers expect services to be offered on a global scale," said Andrea Cappellari, CEO of Unit.Net. "This relationship with one of the premier streaming media companies today will help us meet this customer demand." About Activate Activate Corp. is a leading provider of Internet-based communications, providing a full range of services including event broadcasting, live 24x7 broadcasting for radio and television stations, and on-demand hosting of streaming content to enhance any website. Major clients include Microsoft, Dell, Unocal, AIMR AIMR See Association for Investment Management and Research (AIMR). , iCAST, Rivals.com, National Public Radio, and CTV CTV Canadian Television (Network Limited) Sportsnet.com. Activate is a majority-owned operating company of CMGI, Inc. Its headquarters are based in Seattle, Wash and it currently operates facilities in New York and Toronto. For more information about the company or its services, please visit www.activate.net or call 206/830-5300. In Canada, call Activate Canada in Toronto at 416/642-5202. About Unit.Net AG Unit.Net AG is a privately held limited company (Aktiengesellschaft) in accordance with Swiss law and has three core competencies: Business Communication, Media & Entertainment and Broadcast Network. An internationally expanding enterprise, Unit.Net operates from three locations: Zurich, Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. and Frankfurt/Mainz. Its clientele consists primarily of global, listed companies in the financial and industrial sectors such as ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s , Novartis, Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , General Motors, Fiat, Aventis, Celanese, as well as international non-profit organizations such as WTO, ILO ILO abbr. International Labor Organization Noun 1. ILO - the United Nations agency concerned with the interests of labor International Labor Organization, International Labour Organization , CERN CERN or European Organization for Nuclear Research, nuclear and particle physics research center straddling the French-Swiss border W of Geneva, Switzerland. , etc. In addition, Unit.Net focuses in the media sector on radio and TV broadcasting stations and on major festivals (e.g. The Montreux Jazz Festival The Montreux Jazz Festival is the best-known music festival in Switzerland. It is held annually in early July in Montreux on the shores of Lake Geneva. History In 1967, the first Montreux Jazz Festival opened its doors. ), offering its own range of products and services. This release contains forward-looking statements which address a variety of subjects including, for example, the expected benefits resulting from the agreement between Activate and Unit.net, and the expected functionality of the combination of technology and products of Activate and Unit.net. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: Activate's technology and products may not successfully interoperate with those of Unit.net; technological, economic and regulatory risks involved with operating in international markets; and increased competition and technological changes in the markets in which Activate competes. For a detailed discussion of these and other cautionary statements, please refer to CMGI's filings with the Securities and Exchange Commission, including CMGI's Annual Report on Form 10-K for the most recently ended fiscal year. |
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