<A> WinStar Awarded $7.5 Million, Two-Year Contract by MindSpring Enterprises
biz.yahoo.com
WinStar to Provide Range of Communications Services to One of the Nation's
Fastest Growing Internet Service Providers
NEW YORK--(BUSINESS WIRE)--Aug. 9, 1999-- WINSTAR COMMUNICATIONS, INC. (NASDAQ:
WCII - news) today announced it has been awarded a $7.5 million, two-year contract from
MINDSPRING ENTERPRISES, INC. (NASDAQ: MSPG - news), a leading national Internet service
provider. WinStar will provide a wide range of communications services in support of the growth and
development of MindSpring's rapidly expanding network, which is accessed by more than one million
dial-up Internet users in North America.
''MindSpring's continued rapid growth requires that we have significant geographic reach and sufficient
capacity to meet our customers' needs,'' said Mike McQuary, president and chief operating officer of
MindSpring. ''We are confident that WinStar can provide us with the local market coverage and
connectivity that our customers require.''
''WinStar's national network presence, superior customer service and technologically advanced
broadband network backbone allows MindSpring and its customers to get the fastest and most reliable
connections to the Internet,'' said Nathan Kantor, president and chief operating officer of WinStar.
''Because WinStar's network technology is so cost efficient, we are able to not only offer MindSpring the
most competitive rates without having to depend on reciprocal compensation, but also to obtain healthy
gross margins.''
MindSpring Enterprises, Inc. is a leading Internet service provider focused on delivering outstanding
service and support to its customers. By following its Core Values And Beliefs, MindSpring is committed
to doing an exceptional job of serving its customers, its employees, its owners and its community.
MindSpring's dial-up subscribers can browse the World Wide Web, send electronic mail, participate in
informative online chats and access over 20,000 newsgroups. MindSpring offers local Internet access in
more than 890 locations throughout the United States. MindSpring is also a leading provider of Web
Hosting services and domain registrations. For more information about MindSpring's services, please
visit the Web site mindspring.net or call 1-888-MSPRING.
WinStar Communications, Inc. is a pioneer in providing business customers with broadband
communications services, including local and long distance phone service, as well as high-speed Internet
access, data and information services. WinStar provides these Wireless Fiber(SM) services in more than
30 U.S. markets over its own local broadband networks, using its licenses in the 28 and 38 GHz
spectrum, which are connected to the company's nationwide fiber-optic network. In addition, the company
offers Wireless Fiber services in two markets outside of the U.S. In the past year, WinStar has become
one of the largest Internet companies in the U.S. Recently, the company announced a destination Web site
for businesses, Office.com(SM), a service from WinStar.
Except for any historical information contained herein, the matters discussed in this press release contain
forward-looking statements that involve risks and uncertainties, which are described in WinStar's SEC
reports, including the 10-K for the period ended December 31, 1998, and the 10-Q for the period ended
March 31, 1999.
WinStar is a registered trademark, and Wireless Fiber and Office.com are service marks of WinStar
Communications, Inc. |
