(COMTEX) B: KOREA THRUNET REPORTS NO AGREEMENT ON A DOMAIN NAME PURCHASE
SEOUL, South Korea, Jan 21, 2000 /PRNewswire via COMTEX/ -- Korea
Thrunet Co., Ltd. (Nasdaq: KOREA) today reported that the Company has
not reached any decision in purchasing a domain name. In response to
local Korean media report of the Company's activity, the Company stated
that it is considering all options for the best marketing strategy and
has not reached any agreement to be announced at this point.
About the Company Korea Thrunet Co., Ltd. is the leading provider of
high-speed Internet services in Korea, with 112,995 end users as of
November 30, 1999. Thrunet service features "always-on" Internet access
at speeds up to 100 times faster than traditional dial-up Internet
access, with compelling multimedia content ranging from on-demand music
videos and Internet telephony to multimedia bulletin board and
multimedia chatting services. Korea Thrunet also provides
facilities-based data communications services to more than 150
corporate customers in Korea, including several major
telecommunications carriers such as SK Telecom Co. Ltd. and Shinsegi
Telecomm Inc. Founded in July, 1996, Korea Thrunet's principal offices
are located at 1338-5, Seocho-2 dong, Seocho-ku, Seoul, Korea 137-072.
SOURCE Korea Thrunet Co., Ltd.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
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CONTACT: Thomas Sung of Korea Thrunet Co., Ltd., +822-3488-8059, or fax,
+822-3488-8700, or thomas@corp.thrunet.com; or Mami Ogawa of
Thomson Financial
Investor Relations, 212-701-1824, or fax, 212-344-5929, or
mami.ogawa@thomsonir.com, for Korea Thrunet Co., Ltd.
(KOREA)
GEOGRAPHY: South Korea
INDUSTRY CODE: CPR
MLM
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