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Technology Stocks : Network Engines, Inc. (NENG)

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To: kazick who wrote (25)12/14/2000 9:13:02 AM
From: thomas a. burke  Read Replies (2) of 49
 
Thursday December 14, 9:04 am Eastern Time

Press Release

Activate Selects Network Engines Appliances to Encode Digital Content

CANTON, Mass.--(BUSINESS WIRE)--Dec. 14, 2000--Network Engines, Inc. (Nasdaq: NENG - news) and Activate today
announced that Activate has selected Network Engines WebEngine(TM)appliances to encode audio and video content for
Activate's enterprise and entertainment customers.

Under the agreement, Network Engines has provided 100 WebEngine server appliances to encode audio and video content for delivery across Activate's
award-winning distribution network. Activate is using WebEngine appliances to convert analog signals into digital formats, helping Activate to deliver the highest quality
audio and video content over the Internet.

``WebEngine offers outstanding capabilities for our broadcast operations,'' said Paul Neutz, vice president of business development at Activate. ``Network Engines
provides maximum uptime and reliability in an affordable and compact appliance. That combination helps us provide our customers with the superior quality they expect
from Activate.''

Activate brings over three years of experience streaming content for enterprise, traditional media, news and entertainment businesses. Activate recently won the Blue
Ribbon award from Network World for its combination of network performance and unparalleled customer service. Computerworld named Activate one of the top 100
emerging companies to watch in 2001.

``We look forward to working with Activate as they use our appliances to encode content for everything from radio broadcasts to televised corporate events,'' said
Lawrence Genovesi, president and CEO, Network Engines. ``Activate is a leader in Web-based broadcasting, and our WebEngine server appliances will be a key
component in providing the highest quality images and sound to Internet audiences.''

About Activate

Activate is a leading digital media infrastructure services company. Activate's services include: event Webcasting for business communications and consumer live
events, live 24x7 Webcasting for radio, TV and Internet-only programming, and on-demand Webcasting of audio and video content to enhance any website. Major
clients include Microsoft, Dell, Unocal, AIMR, Rivals.com, National Public Radio, and CTV Sportsnet.com. A majority owned operating company of CMGI, Inc.,
Activate is based in Seattle with offices in New York, San Francisco and Toronto. For more information about the company or its services, please visit
www.activate.net or call (206) 830-5300.

About Network Engines

Network Engines (Nasdaq: NENG - news) provides high-density, scalable Internet server appliances that support large Web-based applications for web hosting and
service providers, content infrastructure providers, application service providers and larger enterprises. The company was founded in 1997 and is based in Canton,
Massachusetts. For more information, visit the company's Web site at www.networkengines.com.

Except for the historical information contained herein, we wish to caution that certain matters discussed in this news release constitute forward- looking statements that
involve risks and uncertainties and that address a variety of subjects including, for example, the expected benefits resulting from the agreement between Activate and
Network Engines, and the expected functionality of the combination of technology and products of Activate and Network Engines. The following important factors and
uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: Activate's technology and
products may not successfully interoperate with those of Network Engines; Activate's success depends on the continued acceptance of the Internet as a medium; and
increased competition and technological changes in the markets in which Activate competes. For a detailed discussion of these and other cautionary statements, please
refer to the risks and uncertainties discussed under the heading `Risk Factors' contained in the Network Engines Registration Statement on Form S-1 (file no.
333-34286) filed by Network Engines in connection with its initial public offering and which became effective July 12, 2000 and the other reports filed by Network
Engines and CMGI, Inc. from time to time with the Securities and Exchange Commission, including CMGI's Annual Report on Form 10-K for the most recently ended
fiscal year. Forward-looking statements include statements regarding Network Engines' and Activate's expectations, beliefs, intentions or strategies regarding the future
and can be identified by forward- looking words such as ``anticipate'', ``believe'', ``could'', ``estimate'', ``expect'', ``intend'', ``may'', ``should'', ``will'', and ``would'' or
similar words. Neither Network Engines nor Activate assume any obligation to update the information included in this press release.

Network Engines, the Network Engines logo, WebEngine, Roadster, Viper, AdminEngine and Internet Appliance Architecture are trademarks of Network Engines,
Inc. Activate and Activate.net are trademarks of Activate.Net Corporation. All other products and services mentioned may be trademarks or service marks of their
respective owners.
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