Bolt.com Internet's First Community to Provide Free Net Access; Joins AltaVista in Offering Free Service Through Partnership With 1stUp.com.NEW YORK--(BUSINESS WIRE)--Sept. 21, 1999-- Bolt.com, the Internet's leading teen destination, announced today that it will offer free Internet service An ISP that provides access to the Internet without charge to the user. The service is supported by advertising which appears on a special version of the user's browser and cannot be eliminated. NetZero (www.netzero. through a partnership with 1stUp.com Corporation, the industry leader in ad-supported Internet access See how to access the Internet. solutions. Bolt.com is the Internet's first community to offer completely free unlimited web access anywhere in the U.S. Bolt.com's three million teen users will be able to download the free Internet application from the Bolt.com web site at www.bolt.com. 1stUp.com's web surfing Refers to jumping from page to page on the Web. Just as in "TV channel surfing," where one clicks the remote to go from channel to channel, the hyperlink on Web pages makes it easy to jump from one page to another. application will present users with an advertising and navigation window featuring the dynamic design of the award-winning Bolt.com website. This window will remain on the screen during the free online session and will display advertisements as well as convenient links to the recently launched Bolt Store, the Internet's first user-created store, as well as content created by Bolt.com's teen users. "Free Internet access is a key part of our mandate to give the Bolt.com community what they want," said Dan Pelson, 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 Bolt Media Inc. "As the leading teen portal, a free ISP is the perfect complement to our content, community and commerce initiatives. This is an important innovation that reflects our history of being first to market in applications and services." Bolt.com is the Internet's first teen site to provide a broad range of user benefits including home pages, audio chat, online calendars and digital diaries. Bolt.com is the second partner to implement 1stUp.com's groundbreaking technical solution. AltaVista Company, the first partner to offer free access through 1stUp.com, reached 350,000 end-users in the first four weeks of the service, making AltaVista FreeAccess the fastest growing access offering in the history of the Internet. "Our partnership with Bolt.com shows how implementing 1stUp.com's solution immediately helps put businesses on the proper trajectory to reach their online goals," said Charles Katz, president and CEO of 1stUp.com. "Bolt.com has established a large and loyal customer base. Now, through this compelling free service, Bolt.com can continue to attract new end-users and establish a closer relationship with those end-users." Over 47 percent of U.S. online households would switch to an Internet service distributor (ISD See IDD. ) if provided with economic incentives, according to a Jupiter Communications Consumer Survey published in the March 1999 Jupiter report on Internet Service Distributors. About Bolt.com Bolt.com produced by Bolt Media Inc., is the leading teen destination on the Internet, reaching an audience of 3 million users. It is also the "stickiest site" for teens on the Internet, according to Media Metrix. The community and commerce site provides 15 - 20 year old users with services including free e-mail, homepages, shopping, audio chat, digital calendars and diaries. Marketing partners include Yahoo!, MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). Hotmail, Lycos, The Globe.com, mPath, Petersen and emusic. Advertisers include Coca-Cola, Ford, Intel, Estee Lauder, Levi's and dozens of other blue chip companies. Bolt.com's users view 100 million pages on the site per month, according to Nielsen/I-Pro. Bolt.com is located 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. . About 1stUp.com 1stUp.com is the market leader in providing consumer-oriented businesses with ad-supported Internet access solutions. Working through the marketing and distribution channels of innovative companies like Bolt.com, 1stUp.com provides patent-pending technology that enables its partners to offer branded, cost-effective Internet services to their customers. Aggregating the end-user bases of Bolt.com, AltaVista and future partners, 1stUp.com has the buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. of multiple brands and is able to pass along the benefits of optimal connectivity and advertising deals to its partners. 1stUp.com has received investments from AltaVista, LodgeNet Entertainment Corporation (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 : LNET LNET Library Network LNET Learning Network LNET Local Network ), and angel investors including individuals from Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. . For more information, visit 1stUp.com at http://www.1stup.com. |
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