Attention Spyglass Investors.

ATLANTA--(BUSINESS WIRE)--March 16, 1999--Notice is hereby given that Chitwood & Harley filed a securities class action lawsuit yesterday in the United States District Court for the Northern District of Illinois on behalf of all purchasers of the common stock of Spyglass, Inc. ("Spyglass" or the "Company") between October 20, 1998 and January 4, 1999, inclusive (the "Class Period").

The complaint alleges that Spyglass and certain of its officers and directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 during the relevant time period. The complaint alleges that defendants issued a series of materially false and misleading statements about Spyglass, its financial condition and its operations. The complaint alleges that because of the issuance of these false and misleading statements, the price of Spyglass common stock was artificially inflated during the Class Period. Further, the complaint alleges that while Spyglass common stock traded at these artificially inflated levels, the individual defendants sold more than $9.1 million of their own Spyglass common stock to the unsuspecting public. Then, at the close of the Class Period, after defendants finally revealed the truth about Spyglass, its financial condition and its operations to the market, the price of Spyglass common stock plummeted from a $22 per share closing price on January 3, 1999 to a low of $141/2 per share on January 4, 1999, the complaint alleges.

Plaintiff is represented by Chitwood & Harley, an Atlanta law firm that concentrates its practice in representing victims of securities fraud and corporate mismanagement as well as other complex litigation. The firm has been appointed lead counsel in several major actions pending in both federal and state courts and has been instrumental in recovering millions of dollars on behalf of investors and shareholders.

Any member of the proposed class who wishes to move the Court to serve as lead plaintiff of the Class must do so no later than March 30, 1999. In order to serve as lead plaintiff, you must meet certain legal requirements.

If you wish to discuss this action or have any questions concerning this notice or your rights with respect to this matter, you may contact: Corey D. Holzer, by telephone [phone] (toll free) or by e-mail at [e-mail], CHITWOOD & HARLEY, 2900 Promenade II, 1230 Peachtree Street, N.E., Atlanta, Georgia 30309. Please visit our website at www.classlaw.com.