Rare Medium Inc. Takes Home Three WebAwards 1999 WebAwards Recognizes World's Best Corporate Web Sites DALLAS, Dec. 8 /PRNewswire/ -- Rare Medium Inc., the Web consulting services arm of Rare Medium Group Inc. (Nasdaq: RRRR), announced today it has won three awards in the Web Marketing Association's 1999 WebAwards competition. Rare Medium received the "Best Arts Web Site" WebAward for its work on Artmuseum.net and two "Outstanding Web Site" WebAwards for work completed for Circumstance.com and Foxinteractive.com. More than 500 web sites from around the world were judged on design, innovation, content, interactivity, navigation, ease-of-use and use of technology.
"Rare Medium is proud to add the WebAwards to our growing collection of award-winning designations. Marketing on the Internet is a competitive environment and simply being there is not enough. These awards are a testament to Rare Medium's innovation and mastery of the space and technology and our ability to develop and implement the best online solutions for our clients," said Suresh V. Mathews, president and COO of Rare Medium Inc.
The Web Marketing Association, Inc. (WMA) is an independent organization founded with the purpose of evaluating and recognizing the standard of excellence on the World Wide Web. The WebAwards competition invites web sites to compete with other sites and be measured against a standard of excellence. A team of independent Internet professionals representing various disciplines of web site development judged the competition. Judges included members of the media, advertising executives, site designers, corporate marketing executives, content providers and webmasters.
About Rare Medium Group Inc.
Rare Medium Group Inc., through its wholly-owned subsidiary, Rare Medium Inc., www.raremedium.com, provides Internet solutions and E-commerce strategies that improve business processes and develop branding strategies, marketing communications and interactive content to large and medium-sized companies in the financial, automotive, consumer service, retail, technology, entertainment and consumer goods industries. Clients include Microsoft, The New York Times, Merrill Lynch, Epson and Hotel Reservations Network, among other leading companies. Rare Medium Group Inc. also invests in companies that offer paradigm-shifting ideas to incubate and capitalize the next wave of blockbuster Internet companies, which are further supported by the services of its Internet development and solutions subsidiary. Rare Medium Group Inc. is headquartered in New York City and with its subsidiaries employs more than 600 Internet professionals in its 12 offices throughout the United States, Canada and abroad. More information about Rare Medium Group Inc. and companies currently in development is available at www.raremediumgroup.com.
Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Rare Medium Group Inc., and its subsidiaries' business and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Rare Medium's limited operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms and those risks discussed in the company's filings with the SEC. |