NetZero and Homestead Team Up to Provide Free Web Site Building Services to NetZero Users.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--March 22, 2000
NetZero Makes It Easy for Users To Create Their Place
in CyberSpace Through Customized Web Sites
Affirming once again that the best things in life are free, NetZero Inc. (Nasdaq:NZRO), the nation's largest provider of free Internet access with more than 3 million registered users, and Homestead.com, a leading resource for building free Web sites, today announced a strategic partnership that will make it easy -- and free -- for NetZero subscribers to build and maintain creative, leading-edge, customized Web sites powered by Homestead.
Homestead.com's award-winning publishing technology will be made available through ClubZero, featured on NetZero's My Z Start personalized start page and providing users with one-click, zero-hassle registration for products and services from a growing list of providers.
Homestead.com will enable NetZero users to build completely customized Web sites with drag-and-drop Elements ranging from basic building blocks to dynamic features and services. No software, programming, plug-ins or file uploads are required.
"Homestead offers an exceptionally intuitive and accessible Web site building service which we believe our users will embrace," said Mark R. Goldston, NetZero chairman and CEO. "We are continually expanding NetZero's range of free Internet services in order to add tangible value to the user experience. The Homestead.com partnership gives our users the ability to stake their own claim in cyberspace."
"Homestead's mission is to provide consumers with innovative tools to make a place for themselves on the Web as easily as possible," said Paul Johnson, vice president of business development at Homestead.com.
"We strongly believe in offering powerful, useful Internet services to consumers, as does NetZero. This agreement provides a good opportunity for NetZero to expand its own services, while affording us the ability to offer our leading Web site building tools to NetZero's growing user base."
NetZero users' Web sites will reside on Homestead's infrastructure.
"Homestead shares our privacy priorities and offers its own privacy safeguards, such as giving our users the option of making their Web sites password-protected," said Goldston. "Together, our two companies are maintaining a high level of privacy that subscribers have come to expect from NetZero."
Homestead.com is a leading resource for building powerful and interactive Web sites. Customers have already built over 4 million Homestead Web sites, with an average of more than 20,000 new sites built every day.
Homestead enables users to communicate with friends and family, meet people around the world and operate small businesses online. Customers can easily build personalized Web sites from Homestead's palette of customizable, drag-and-drop Elements.
Homestead currently offers more than 150 of these pre-programmed Elements that include everything from basics such as text boxes, buttons and photos to dynamic features including chat rooms and e-commerce payment processing.
Homestead allows its Element partners to reach a targeted audience and provides its numerous co-brand partners with a complete Web site building platform.
Founded in October 1997 and based in Menlo Park, Calif., Homestead has more than 100 employees and is privately held with investments from Amerindo Investment Advisors, Donaldson Lufkin & Jenrette, Draper Fisher Jurvetson, Global Retail Partners, Goldman Sachs, Meritech Capital Partners, Intel Corp. and IVP.
Homestead is available at http://www.homestead.com and through co-brand sites such as AltaVista, Dell, USATODAY.com, Juno, CollegeClub.com and many others.
NetZero is the nation's largest provider of free Internet access based on number of registered users. NetZero offers its users free access to the Internet, free e-mail and easy-to-use navigational tools, while offering online advertisers an effective way to target those users.
The ZeroPort, a central feature of the NetZero service, is a persistent onscreen device providing users with instant "speed dial" to key sites on the Internet for shopping, auctions, music and other services. Customized information such as stocks, news and sports can also be delivered directly to the desktop through the ZeroPort.
NetZero offers advertisers unique one-to-one targeting capabilities using its proprietary zCast technology, which gives the company the ability to track users throughout their online experience.
Between its October 1998 launch and early January 2000, more than 3 million users registered for NetZero's Internet access service. NetZero offers its services in more than 2,300 cities across the United States. More information about the company is available at www.netzero.net.
This announcement may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance.
The potential risks and uncertainties include, among others, NetZero's unproven business 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; 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-Q and other filings with the Securities and Exchange Commission (http://www.sec.gov) including (without limitation) information under the captions "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors."
NetZero(tm), Defenders of the Free World(tm), the NetZero logo, zCast(tm) and The ZeroPort(tm) are trademarks of NetZero Inc. All other names are trademarks and/or registered trademarks of their respective owners. Homestead is a registered trademark of Homestead.com Inc., Menlo Park.
All other product or company names are used for information or identification purposes only and may be trademarks of their respective owners.
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|Date:||Mar 22, 2000|
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