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Technology Stocks : Andover.Net (ANDN)

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To: Glenn Petersen who wrote ()1/18/2000 12:20:00 PM
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ANDN
33 3/8
-1 13/16

delayed 20 mins - disclaimer


Tuesday January 18, 8:48 am Eastern Time
Company Press Release
Andover.Net Licenses GIFWorks 3.0 to Lycos' Community Sites
Animation Now Easy for Homepage Builders
Agreement Enables Tripod and Angelfire Users to Access Powerful, Online Graphics Software Application Through Co-Branded Sites
ACTON, Mass.--(BUSINESS WIRE)--Jan. 18, 2000-- Andover.Net (NASDAQ:ANDN - news), the leading Linux and IT destination, has entered into a licensing agreement with Lycos, Inc. (NASDAQ:LCOS - news), the fastest growing portal and world's largest online community. GIFWorks 3.0 is now available on Tripod (http://www.tripod.lycos.com/) and Angelfire (http://www.angelfire.lycos.com/).

GIFWorks is a free online application that allows Web builders to select, process and create animations online with a standard Web browser--at no cost. The year long licensing agreement lets Tripod and Angelfire members access GIFWorks through co-branded sites (http://tripod.gifworks.com/ and angelfire.gifworks.com. As part of the agreement, Andover.Net receives a portion of the advertising revenue.

``The addition of GIFWorks to Lycos' community sites, Tripod and Angelfire, makes perfect sense and will let our users quickly and easily enhance their personal Web sites. Our members' homepages will reflect more personality and interactivity. GIFWorks' features will help add zest,' said Don Zereski, Tripod's general manager.

GIFWorks--Online, Free Application

GIFWorks is one of the Internet's first free online software applications that uses the Web as a powerful, cost-effective computing platform. Using GIFWorks, Tripod and Angelfire homepage builders can animate, optimize and apply special effects to any GIF, easily adding it to their Web pages. Since all processing is done on Andover.Net servers--at a rate faster than the average PC--there is no time-consuming download or complicated installation. With GIFWorks' Windows-like interface, the latest versions are always used and new animations are created in seconds. GIFWorks supports Linux, Mac and PC platforms. In fact, even people without computers, such as Web-TV users, can create animations with GIFWorks.

Andover.Net's GIFWorks 3.0 includes 20 new effects similar to those found in expensive packaged graphic design applications such as chalk, emboss, oil paint and watercolor. In addition, GIFWorks 3.0 features several new editing tools, including insert text, smart crop, replace color, optimize to a Web-safe palette and add/remove transparency.

``GIFWorks has a tremendous following, one that will surely increase now that it is accessible through Tripod,' said Bruce Twickler, president and CEO of Andover.Net. ``We're pleased that Tripod and Angelfire see the benefits of GIFWorks as an online application and are excited to offer this application to their members.'

About Lycos

Founded in 1995, Lycos Inc. (NASDAQ: LCOS - news) is a leading Web media company and the owner of the Lycos Network, one of the most visited hubs on the Internet, reaching nearly one out of every two Web users. The Lycos Network, the fastest growing network and the world's largest online community, is a unified set of Web sites that attracts a diverse audience by offering a variety of services, including leading Web navigation resources, homepage building and other Web community services, and a comprehensive shopping center. The Lycos Network is composed of premium sites: Lycos.com, Tripod, WhoWhere, Angelfire, MailCity, HotBot, HotWired, Wired News, Webmonkey, Suck.com, Sonique, Quote.com and Gamesville.com. Lycos.com (http://www.lycos.com/), ``Your Personal Internet Guide,' is dedicated to helping each individual user locate, retrieve, and manage information tailored to his or her personal interests. Headquartered near Boston in Waltham, Massachusetts, Lycos, Inc. is a global Internet leader with a major presence throughout the United States, Europe, Asia and Latin America.

About Andover.Net

Andover.Net (NASDAQ: ANDN - news) is the leading Linux destination on the Internet. Serving 50 million page impressions to over 2.4 million users each month, Andover.Net (www.andover.net) includes the largest news/community site, Slashdot (slashdot.org); the largest site for programmer resources, Freshmeat.net (www.freshmeat.net); and the popular developer e-commerce site, ThinkGeek (thinkgeek.com). With these sites and our other Linux sites such as FreeCode (freecode.com) and LinuxDaveCentral (www.linux.davecentral.com), Andover.Net accounts for over 50% of the visits to Linux destinations on the Internet. Andover.Net also includes cross-platform sites that provide programmer and developer resources for users of many popular operating systems in addition to Linux such as Windows, UNIX and Macintosh. MediaBuilder (www.mediabuilder.com) includes powerful e-Tools such as GIFWorks (www.gifworks.com) and HTMLWorks (www.htmlworks.com). It also has Animation Factory (www.animfactory.com), one of the Internet's largest GIF animation libraries. For the latest information technology news and resources, corporate tech managers and buyers go to AndoverNews (www.andovernews.com), The IT Managers Journal (www.itmanagersjournal.com); TechMailings (www.techmailings.com) with over 3,900 free e-mail newsletters and discussion lists; and, the Internet Traffic Report (www.internettrafficreport.com), which provides Internet performance data every 15 minutes. Users can also download free Windows applications at DaveCentral (www.davecentral.com) and Slaughterhouse (www.slaughterhouse.com).

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, Andover.Net's limited operating history, expectation that Andover will incur substantial losses in the future; Andover's reliance on Linux/open source community; Andover's heavy reliance on advertising revenues; intense competition and other risks listed in Andover.Net's S-1 registration statement.

Andover.Net, Slashdot, Freshmeat, HTMLWorks, GIFWorks, AndoverNews Network, MediaBuilder, Internet Traffic Report, DaveCentral, FreeCode, IT Managers Journal, Slaughterhouse, TechSightings and TechMailings are trademarks of Andover.Net. (c)1999 Lycos, Inc. - Lycos© is a registered trademark of Carnegie Mellon University. All other product or service marks mentioned herein are those of Lycos or their respective owners. All rights reserved.

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Contact:

Investor Inquiries:
Andover.Net
Janet Holian, (978) 635-5300
janet@andover.net
or
Media Inquiries:
Schwartz Communications, Inc.
Leah Barrett/Jim McKeown, (781) 684-0770
andovertech@schwartz-pr.com

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