America Online And Digital Courier Technologies Expand Video Marketing Relationship To AOL.COM.DULLES, Va. and SAN FRANCISCO--(BUSINESS WIRE)--July 6, 1998-- AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Takes Greater Equity Position in Digital Courier Technologies In an expansion of their marketing agreement announced on June 24, America Online (NYSE NYSE See: New York Stock Exchange : AOL) and Videos Now, a division of Digital Courier Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : DCTI DCTI Consonus Technologies (Cary, NC; stock symbol) DCTI Digital Courier Technologies Inc. DCTI Datacentre Technologies and Infrastructure (UK) ) (formerly DataMark Holding Inc.) Monday announced that Videos Now will receive prominent and extensive placement throughout AOL.COM, AOL's Website and the most popular Web destination among home users. AOL and DCTI announced last week that AOL will receive guaranteed payments of $12 million from DCTI in exchange for prominent positioning throughout the AOL service and on Digital City, the most popular local city resource in cyberspace. As allowed for under the terms of the original agreement, AOL exercised its option to give Videos Now additional promotional carriage on AOL.COM in exchange for shares of DCTI common stock totaling approximately 12%, of DCTI's outstanding stock, plus warrants to purchase additional shares. Scheduled to launch in August, Videos Now will offer new releases, top sellers that are often hard to find or sold out in video stores, and film categories covering everything from foreign films to educational videos, instructional videos and children's selections. Additionally, Videos Now will offer titles in all available formats, including VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. , Beta, Laserdisc An earlier optical disc used for full-motion video and interactive training. It was introduced in the late 1970s and became obsolete in the 1990s. Videodisc systems based on a stylus were introduced (see CED), but only the optical-based LaserDisc survived, although never very popular. , DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and Divx. "We're delighted to expand our alliance with Videos Now to AOL.COM," said Barry Schuler, president, AOL Interactive Services. "Now all Internet users will have the opportunity to enjoy Videos Now's great selection and convenience just as AOL members can. Our expanded alliance and interest in DCTI represents our strong commitment to the partnership and will benefit AOL members, visitors to Digital City, and visitors to AOL.COM, as well as both our companies." R.J. Pittman, chief executive officer of Digital Courier Technologies Inc. added, "Expanding our presence onto the most popular Website in cyberspace for home users will give us exactly the kind of exposure to Web users we're looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. . AOL gives us access to the largest member community on the Internet. "We are also thrilled that AOL has chosen to become a major shareholder in Digital Courier. This exemplifies the confidence in our partnership and greatly strengthens our market position on the Internet." America Online Inc., based in Dulles, is the world's leader in branded interactive services and content. America Online Inc. operates two worldwide Internet online services: America Online, with more than 12 million members; and CompuServe, with approximately 2 million members. America Online Inc. also operates AOL Studios, the world's leading creator of original interactive content. Other branded Internet services operated by America Online include AOL.COM, the world's most accessed Web site from home; AOL NetFind, AOL's comprehensive guide to the Internet; AOL Instant Messenger See AIM. , an instant messaging tool available on both AOL and the Internet; and ICQ ("I Seek You") A conferencing program for the Internet from Mirabilis, Tel Aviv, Israel (www.icq.com). It provides interactive chat, e-mail and file transfer and can alert you when someone on your predefined list has also come online. , an instant communications and chat technology on the Internet. Digital Courier Technologies Inc. (www.dcourier.com (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. ), supplies businesses and major web portals with online content and commerce products based on a powerful matrix of server-side Java software components. The company's current content offerings include: WeatherLabs, the premiere online weather information service (www.weatherlabs.com), VideosNow (www.videosnow.com), BooksNow (www.booksnow.com), and WorldNow (www.worldnow.com). The company has also launched netClearing, an electronic commerce service for Internet payment processing, clearing, and settlement.
CONTACT: America Online, Inc.
Tom Ziemba, 703/265-3284
or
Digital Courier Technologies Inc.
Kevan Barney, 801/523-3730
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