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NetZero Names Internet Pioneer Gerald Popek New Chief Technology Officer; Former CarsDirect.com Executive To Lead Technology Team for Leading Free ISP.

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Oct. 23, 2000

NetZero, Inc. (Nasdaq:NZRO), a leading provider of advertising- and commerce-supported Internet access, today announced the appointment of Internet pioneer Gerald Popek as chief technology officer.

Popek, who most recently served as CTO at CarsDirect.com, is an academic and industry veteran who has driven the efforts of technology companies for more than 20 years. He was a member of the Defense Science Board that helped select the foundation for today's Internet. He succeeds NetZero co-founder Ronald T. Burr in this position. Burr continues in his current position as president of NetZero.

While at CarsDirect.com, Popek was responsible for the development and management of the company's technology and information systems infrastructure, including the strategic direction and re-launch of the CarsDirect.com Web site.

From 1995 until mid-1999, Popek served as chief technology officer at Platinum Technology Inc., a $1 billion software company headquartered in Oak Brook, Ill. He created Platinum's Internet strategy and launched the company's Internet division. He was also responsible for troubleshooting critical projects, and managing and enhancing the company's software development process.

At NetZero, Popek will be responsible for integrating and managing new and existing technologies that support the company's free Internet access service and related offerings.

"We've been expanding our technology infrastructure organically and through acquisitions, and we're fortunate indeed to welcome an industry pioneer of Jerry Popek's stature to the NetZero senior management team," said Mark R. Goldston, NetZero chairman and chief executive officer. "Jerry understands the fundamentals of the Internet in a way that few others do. We look to him as a crucial player as we continue to both grow and optimize our network."

Goldston added, "As Jerry assumes the CTO role at NetZero, Ron Burr, president and co-founder of NetZero, will be freed up to focus on critical potential new platform initiatives such as DSL, cable broadband and high-speed wireless applications under the NetZero umbrella. Ron and I have been searching for the past six months for the ideal candidate to help take our technology to the next level. After meeting numerous individuals, we agreed that Dr. Jerry Popek would be someone who could help NetZero achieve its goals of becoming a world-class technology company."

Prior to joining Platinum, Popek was CEO and then chairman of Locus Computing Corporation -- a company he founded in 1983 and later sold to Platinum Technology. While at Locus, Popek managed the development of AIX for IBM's mainframe and PC platforms and created the technology that enabled PC software to run on Intel Unix systems.

In previous positions, Popek led software design and development efforts at such companies as Olivetti and Mitsubishi, and conducted research and development, leading UCLA's Center for Experimental Computer Science. He continues to serve as an adjunct professor of computer science at UCLA.

Popek holds a bachelor of science degree from New York University and a doctorate in applied mathematics from Harvard University.

About NetZero, Inc.

NetZero, Inc. is a leading provider of advertising- and commerce-supported Internet access offering a broad range of interactive marketing, research and measurement solutions. NetZero offers consumers free access to the Internet, free e-mail and customizable navigation tools that provide "speed dial" to key sites on the Internet. Through proprietary technologies, NetZero offers advertisers unique targeting capabilities through numerous online advertising and sponsorship channels. The company's CyberTarget division offers marketers and advertisers mass-scale, online market research and measurement services. NetZero is a Cisco Powered Network, providing its access services to over 5 million registered users in more than 4,000 cities across North America. For more information, please visit www.netzero.net. To obtain a CD, please call 800/DEFENDER.

This announcement may contain forward-looking statements that involve risks and uncertainties. The potential risks and uncertainties include, among others: NetZero's unproven model and limited operating history; the company's ability to grow its user base, generate advertising revenues and decrease telecommunications costs; the effects of competition for users and advertisers; the loss of key customers; technological problems or developments; risks associated with the development and commercialization of new products; and governmental regulation. More information about potential factors that could affect the company's business and financial results is included in the company's Form 10-K and other filings with the Securities and Exchange commission (http://www.sec.gov) including (without limitation) information under the captions "Management's Discussion and of Financial Condition and Results of Operations" and "Risk Factors." NetZero(R) Defenders of the Free World, the NetZero(R) logo, zcast(TM), CyberTarget(TM), NZT(TM) and The ZeroPort(TM) -- are trademarks of NetZero, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
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Publication:Business Wire
Date:Oct 23, 2000
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