Juno to Be Bundled With Qrium PCs by Datus; New Line of Easy-to-Use Consumer PCs to Come With Free Internet Access From Juno.

Business Editors

NEW YORK--(BUSINESS WIRE)--March 27, 2000

Juno Online Services (NASDAQ: JWEB), a provider of Internet access services to millions of Americans nationwide, today announced that its Internet software will be bundled with all consumer PCs shipped by Datus, Inc., a San Jose-based subsidiary of Korean manufacturing giant Daewoo Telecom, Ltd.

The compact and powerful Qrium(TM) Series reflects consumer demand for style and a design esthetic more compatible with home rather than office environments. The new computers incorporate a range of user-friendly technologies, including Universal Serial Bus (USB), Intel's FlexATX motherboard design, Legacy free (except for the CT6600 model), and innovative form factors designed for simplicity. All Qrium(TM) Series PCs are available with preinstalled Microsoft(R) Windows(R) 98 Second Edition and free Web access from Juno. Individuals who prefer to get Juno's premium Internet access service can do so for just $9.95/month.

Starting at around $699 (expected retail price), the Qrium(TM) Series will be priced according to the specific configuration of each model. For example, the CD663N-P60001 features a powerful Intel(R) Pentium(R) III 600MHz processor, 128 MB RAM, a 15-gigabyte hard drive, a 24X CD-ROM drive, integrated 10/100 Mbps Ethernet Network, and a v.90 fax modem and sells for an expected retail price of $999.

"We're very pleased to be the exclusive provider of Internet access to consumers who purchase a Qrium PC by Datus," said Jordan Birnbaum, Juno's senior vice president for business development. "With their non-corporate look and feel and their ease of use, the Qrium series PCs are perfect for the growing number of people who want a friendlier computer. Whether Qrium PC customers choose our free Web access service or our premium service, they'll find that Juno shares Datus's philosophy of making technology simple and accessible."

"Juno has created an Internet access service specifically tailored for the second- and third-generation computer user who above all wants the online experience to be straightforward and elegant," said Sung J. Oh, president and CEO of Datus, Inc. "For its part, Datus has captured a significant market space by adhering to a consumer-oriented, plug-and-play design philosophy. The combination of a Qrium PC by Datus and Internet access from Juno will, we feel, be very attractive to a great many people."

About Daewoo Telecom, Ltd. and Datus, Inc.

Founded in 1983, Daewoo Telecom, Ltd. has a global network of R&D, manufacturing, and sales subsidiaries. Daewoo Telecom, Ltd. is a leading vertically integrated Korean manufacturer of computers, computer peripherals, and telecommunications systems, with sales revenue of more than $1.1 billion in 1998. Datus, Inc. is a subsidiary of Daewoo Telecom, Ltd. located in the heart of Silicon Valley and focusing on sales and marketing of Daewoo-manufactured computer and telecommunications products.

About Juno

Juno Online Services, Inc. is a leading provider of Internet-related services to millions of computer users throughout the United States. The company offers several levels of service, ranging from basic dial-up Internet access -- which is provided to the end user for free -- to high-speed broadband access, currently available in selected pilot markets. Juno's revenues are derived primarily from the subscription fees charged for its billable premium services, from the sale of advertising, and from various forms of electronic commerce.

For more information about Juno, visit www.juno.com/corp. To get a free copy of the Juno software, go to www.juno.com, or call toll-free 1-800-TRY-JUNO.

Statements in this press release regarding Juno Online Services, Inc. that are not historical facts are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Any such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The following factors, among others, could cause Juno's actual results to differ materially from those described in a forward-looking statement: limited history of offering Juno's billable premium services and free basic service in its current form; history of losses; failure to retain or grow Juno's subscriber base; increasing competition from existing or new competitors; inability to sustain current levels of subscriber acquisition or retention; inability to successfully migrate members to or retain members in Juno's billable premium services; increased telecommunications costs resulting from the expansion of Juno's free basic service; rapid technological change; possible unavailability of financing as and if needed; decreases in the popularity of the Internet among consumers or as an advertising medium; dependence on a limited number of vendors, including without limitation third-party vendors for the provision and roll-out of the Juno Express broadband service; dependence on strategic marketing alliances as a source of revenues; inability to achieve telecommunication cost savings through efficient hardware utilization of per-modem pricing; possible industry consolidation; and potential fluctuations in quarterly and annual results. This list is intended to identify only certain of the principal factors that could cause actual results to differ. Readers are referred to the reports and documents filed by Juno with the Securities and Exchange Commission, including the Annual Report on Form 10-K filed February 15, 2000, for a discussion of these and other important risk factors.