Lycos Launches Free Internet Access; Teams with CMGI's 1stUp.com; Unlimited Usage for Consumers and Small Businesses Available to 95% of U.S.Business Editors/High-Tech Writers WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 29, 2000 Lycos, Inc. (Nasdaq:LCOS (Liquid Crystal on Silicon) A technology used to make microdisplays for rear-projection TVs and head-mounted displays (HMDs). Each LCoS chip hosts a grayscale LCD shutter sandwiched between a cover glass and a mirror. ) one of the most visited Web destinations in the world, today announced the launch of Lycos Free Internet Access See how to access the Internet. (http://free.lycos.com), a high quality, free dial-up access hot Dial-up access is a form of Internet access via telephone line. The client uses a modem connected to a computer and a telephone line to dial into an Internet service provider's (ISP) node to establish a modem-to-modem link, which is then routed to the Internet. offering made possible through an agreement with 1stUp.com Corporation, a leading provider of ad-supported Internet access solutions and a majority-owned operating company operating company A business that engages in transactions with outsiders. of CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) , Inc. (Nasdaq:CMGI). The addition of Lycos Free Internet Access to the Lycos Network provides users with the popular online services they want without making them pay for access to resources that are free. "Lycos has seen exceptional growth in page views and registrations over the last few years," said Bob Davis
Free Internet access has been a growing force in the marketplace for the last several months. Yet while the costs of Internet access have been eliminated, many free Internet access services have struggled to assemble their own features and content in order to meet consumers' needs. Lycos Free Internet Access bridges these basic requirements offering consumers everything -- unlimited online usage as well as outstanding content and community products through an easy-to-use interface -- and eliminates the need to pay the $20 or more each month that many online services charge. With each account, users receive unlimited high-quality Internet use, any number of email accounts, a My Lycos personalized start page, instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or and a personal homepage. Also, there is no limit to the number of accounts each individual or business may open and no restriction on home versus office use. Connection is available at speeds up to 56K and can be accessed through most local area networks installed in businesses. "1stUp.com is proud to be powering the Lycos Free Internet Access offering," said Charles Katz, president and CEO of 1stUp.com. "This service marks a turning point in the free access movement. By combining 1stUp.com's technology and infrastructure with Lycos' brand and leading network of Web resources, consumers are growing to realize that there is a better alternative to paid Internet subscriptions."
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Lycos Free Internet Access Product Offerings
-- Local dial-up numbers covering over 95 percent of the U.S.
-- At 570K, one of the smallest downloads of any free ISP
-- Fast connections with speeds up to 56K for residence or business
use
-- Customer support 24 hours/day, 7 days/week via toll-free number
and email
-- Integrated registration with other free Lycos Network services
-- Local area network access from small businesses
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The service will be entirely advertising supported with an attractively designed ad and navigation bar A set of buttons or graphic images typically in a row or column used as a central point that link you to major topic sections on a Web site. If the navigation bar is a single graphic image with multiple selections, it is known as an imagemap. See imagemap. . Under the agreement with 1stUp.com, both network bandwidth and client software will be provided to Lycos. Lycos will aggressively market the service to its 30 million regular users and the more than 100,000 daily new registered users. About 1stUp.com 1stUp.com, a majority-owned operating company of CMGI, Inc. (Nasdaq:CMGI), is a market leader in providing consumer-oriented businesses with ad-supported Internet access solutions. 1stUp.com provides patent-pending technology that enables its partners to brand, market and distribute leading edge, cost-effective Internet services to their customers. The 1stUp.com solution enables consumers to receive unlimited, free Internet access in exchange for keeping a compact, sponsor-oriented navigation bar on their computer screen. Multiple leading ISPs support 1stUp.com's premium, high redundancy network, which delivers free, reliable Internet access to over 90 percent of the U.S. and Canada. Aggregating the end-user bases of its 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 costs and advertising revenues to its partners. For more information, visit www.1stup.com. 1stUp.com Corporation is located at 88 Kearny Street Kearny Street in San Francisco, California runs from Market Street on the south to The Embarcadero on the north. Along its southern end, the street serves as the border separating the Financial District from the city's Union Square and Chinatown districts. , Suite 800, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA 94108. Telephone: 415-293-4700. About CMGI and CMGI @Ventures With more than 60 companies, CMGI, Inc. (Nasdaq:CMGI) represents the largest, most diverse network of Internet companies in the world. This network includes both CMGI operating companies and a growing number of synergistic investments through its venture capital affiliate, CMGI @Ventures. CMGI leverages the technologies, content and market reach of its extended family of companies to foster rapid growth and industry leadership across its network, and the larger Internet Economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . Compaq, Intel, Microsoft, Pacific Century CyberWorks and Sumitomo hold minority positions in CMGI. CMGI and CMGI @Ventures corporate headquarters are located at 100 Brickstone Square, Andover, MA 01810. Telephone: 978-684-3600. Fax: 978-684-3814. CMGI @Ventures also has offices at 3000 Alpine Road, Menlo Park Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , CA 94028; 650-233-0333. Additional information, including a complete listing of companies in the CMGI network, is available on the company's Web sites: http://www.cmgi.com and http://www.ventures.com. About Lycos, Inc. Founded in 1995, Lycos, Inc. is a leading Web media company and owner of the Lycos Network, one of the most visited hubs on the Internet reaching nearly one out of every two U.S. Web users. The Lycos Network is a unified set of Web sites, attracting a diverse audience by offering a variety of services, including leading Web search and navigation resources; Web community and communications services including free homepage building, free Web-based e-mail See Internet e-mail service and HTML e-mail. , clubs, chat, instant messaging; a personalized My Lycos start page; a comprehensive shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into featuring more than 2,400 merchants; and an assortment of compelling content such as games, music, news, fun and educational information and activities for kids as well as information about investing, technology, entertainment, sports, small business, travel and more. The Lycos Network is composed of Lycos.com, Tripod, WhoWhere, Angelfire, MailCity, HotBot, HotWired, Wired News Wired News is an online technology news website, formerly known as HotWired, that split off from Wired magazine when the magazine was purchased by Condé Nast Publishing in the 1990s. Condé Nast later purchased Wired News on 2006-07-11. , Webmonkey, Suck.com, Sonique, Quote, Gamesville and Lycos Zone. Headquartered near Boston in Waltham, Mass., Lycos, Inc. is a global Internet leader with a major presence throughout the U.S., Europe, Asia and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . This release contains forward-looking statements based on current expectations or beliefs, as well as a number of assumptions about future events, and these statements are subject to important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The forward-looking statements in this release address a variety of subjects including, for example, the expected benefits of the agreement between 1stUp and Lycos and the expected capabilities of Lycos to offer free Internet access and related services. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: 1stUp's products and technologies may not successfully interoperate with those of Lycos, 1stUp's business model is dependent upon advertising and may be adversely affected by the adoption of new laws and regulations affecting the provision of Internet advertising services, including laws and regulations covering privacy, pricing and content, and increased competition and technological changes in the markets in which 1stUp competes. For a detailed discussion of these and other cautionary statements, please refer to CMGI's filings with the Securities and Exchange Commission, including CMGI's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the most recently ended fiscal year. Note to Editors: Lycos(R) is a registered trademark of Carnegie Mellon University Carnegie Mellon University, at Pittsburgh, Pa.; est. 1967 through the merger of the Carnegie Institute of Technology (founded 1900, opened 1905) and the Mellon Institute of Industrial Research (founded 1913). . All other product or service marks mentioned herein are those of Lycos or their respective owners. All rights reserved. |
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