To All: Thursday August 6, 8:33 am Eastern Time Company Press Release Icon CMT Corp. Selected by CNET to Provide Internet Connectivity Services Icon CMT Now a Primary Provider of Network Services to CNET WEEHAWKEN, NY--(BUSINESS WIRE)--August 6, 1998--Icon CMT Corp. (NASDAQ: ICMT - news), the tier-one Internet solutions provider offering value-added Internet, intranet and extranet solutions for businesses and corporations, today announced an expansion of its network connectivity agreement with CNET, Inc.
Under terms of the agreement, Icon CMT is now a primary network provider for CNET, offering DS3 Internet connections through the company's nationwide tier-one network and enabling people throughout the country to view CNET's award-winning Web site and features. The agreement represents an expansion of the company's relationship with CNET, which has been an Icon CMT customer for more than two years.
Icon CMT is providing Internet connectivity to CNET through the company's San Francisco POP site, which is part of Icon CMT's expanding presence on the West Coast. Recently, Icon announced the opening an Internet Data Center and sales office in San Francisco as part of its aggressive growth strategy. The company's Silicon Valley Internet Data Center gives Icon CMT a stronger presence in the growing West Coast market and balances its national 24x7 network operations capabilities.
''Reliable and fast Internet access is important to companies that publish on the Web, so we're pleased that CNET, one of the best-known brands on the Internet, turned to Icon CMT for its expanding Internet needs,'' said Scott Baxter, president and chief executive officer of Icon CMT Corp. ''Icon CMT is pleased to be a primary provider for CNET.''
CNET: The Computer Network is at the leading edge of media companies, integrating television programming with a network of sites on the World Wide Web. In both media, CNET provides authoritative information about computers, the Internet, and future technology through offerings easily recognized by their superior look and feel. CNET's Web sites combine breakthrough interactive technology with engaging content and design and are widely acknowledged as setting new standards for excellence in the medium.
About Icon CMT Corp.
Icon CMT Corp. is a tier-one Internet solutions provider for businesses and corporations. The company offers a value-added platform of communications, technology and professional services to provide organizations with end-to-end solutions for the design, development and management of information and mission-critical applications across its nationwide network backbone. Founded in 1991, Icon CMT is traded on the Nasdaq under the symbol ICMT. Additional information about Icon CMT is available through the company's Web site at icon.com, or by calling 1-800-ASK-ICON (275-4266).
This release may include forward-looing statements concerning Icon CMT(1)s intent, belief or current expectations with respect to, among other things, trends affecting its financial condition or results of operations and its business and growth strategies. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from those projected, expressed or implied. Icon CMT does not undertake any obligation to update or revise any forward-looking statements. |