CNN Web Sites to Provide News, Financial and Sports Content to MyTurn.com Portal; Agreement Provides GlobalPC Users One-Click Access to CNN's Content.Business Editors ALAMEDA, Calif.--(BUSINESS WIRE)--March 9, 2000 CNN.com, CNNfn.com and CNNSI CNNSI Cable News Network and Sports Illustrated .com announced an agreement today with MyTurn.com, 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 :MYTN), a provider of Internet-based, e-commerce computing products and services, in which the three sites will provide content to the MyTurn.com portal. Users of MyTurn.com's Global PC(TM) will be able to easily access news from CNN.com, financial news, including stock quotes, from CNNfn.com and sports news and scores from CNNSI.com through the MyTurn.com portal. "MyTurn.com will provide a terrific avenue for CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. to reach an even broader audience of Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f ," said Scott Woelfel, CNN senior vice president, general manager and editor in chief of CNN Interactive and CNNfn Interactive. "This alliance will allow the growing number of new Internet See Web 2.0 and Internet2. users to get CNN's quality journalism in an easy-to-access format." "This agreement demonstrates our commitment to providing GlobalPC owners easy access to the most up-to-date and credible news and information available on the Web through MyTurn.com," said Paul Danner, 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 MyTurn.com. "By combining CNN's quality content with our user-friendly format, we are confident that GlobalPC users will have a truly enjoyable Internet experience." About MyTurn Targeting the millions of American households without computers and access to the Internet, MyTurn's GlobalPC offers consumers fast and reliable Internet access See how to access the Internet. . With the touch of a single button, consumers can send and receive e-mail and surf the Web using the GlobalPC's online service, built-in high-speed modem and enhanced Internet software. The GlobalPC, featuring an easy-to-use interface for the first-time computer user, comes complete with the GEOS 2000 operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. plus an Internet browser See Web browser. , an e-mail package, and an office suite of software applications (word processor, spreadsheet, database, and graphics program). The GlobalPC also features an easy-to-use interface for the first-time computer user, as well as an advanced user interface that provides a similar look and feel of traditional personal computers. MyTurn.com is based in Alameda. with offices in Jacksonville, Fla. For more information, visit www.myturn.com. About the CNN Web Sites CNN Interactive is responsible for the award-winning news site CNN.com, as well as eight other Web sites and the distribution of CNN news content via other platforms such as PageNet pagers and iMagic's PowerPhones. In February 1999, CNN Interactive launched CNN Mobile, the most comprehensive and advanced 24-hour global and pan-regional news and information service for GSM mobile phones. The CNN Web sites, which include CNN.com, CNNfn.com, CNNSI.com, are among the world's leading news and information Web sites. The CNN Web sites served more than 613 million page impressions in the first month of 2000 and served more than 6.7 billion page impressions in 1999. MyTurn.com Forward Looking Statements: Certain information contained in this announcement are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. ." MyTurn.com cautions readers that certain important factors may affect actual results and could cause such results to differ materially from any forward-looking statements which may be deemed to have been made in this announcement or which are otherwise made by or on behalf of MyTurn.com. For this purpose, any statements contained in this announcement that are not statements of historical fact may be deemed to be forward-looking statements. Factors which may affect results include, but are not limited to, the Internet and Internet-related technology and products, new technology developments, developments and regulation in the telecommunications industry, the risk of loss of management and personnel, the competitive environment within the Internet and telecommunications industries, the ability of MyTurn.com to develop its infrastructure, the ability of MyTurn.com to partner with a hardware manufacturer to produce the GlobalPC personal computer, the ability to enter into arrangements to sell products through the retail mass market channels, the ability of MyTurn.com to secure agreements with content providers for its Internet portal, the ability of MyTurn.com to finalize a network services agreement with a national Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ) to provide network access, the ability of MyTurn.com to raise additional capital which will be required in the next 120 days to continue to develop and sustain business at current levels and to implement MyTurn.com's business plan, the competence required and experience of management and economic conditions. |
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