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Technology Stocks : CMGI What is the latest news on this stock?

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To: Desertrat who wrote (4102)1/18/1999 12:42:00 AM
From: Mark[ox5]   of 19700
 
PRODUCTS AND SERVICES

Products and services of the Company's majority-owned subsidiaries as of
July 31, 1998 include the following:

Investment and Development
--------------------------

NaviSite Internet Services Corporation

NaviSite provides the high-performance, Internet outsourcing solutions of
Web hosting and server management, ensuring that a customer's Web presence,
database and applications are continuously operational.

In order to save money and receive better performance, security, and
availability, companies are outsourcing their Internet server management.
NaviSite's carrier-class data centers, private transit Internet connectivity
strategy, advanced monitoring tools, backup power and complete data and network
redundancy ensures that customers or end-users are receiving quality performance
and security. NaviSite monitors and supports the network and its customers'
servers around the clock, and provides detailed reports to its customers
regarding performance, availability, and activity related to their Web sites.

NaviSite's SiteHarbor Web hosting and application solutions provide
customers with the benefits of NaviSite's infrastructure as well as service,
expertise, and customization to fit a customer's unique needs. The SiteHarbor
product line consists of SiteHarbor CL, SiteHarbor MC, SiteHarbor EM and
SiteHarbor Application Solutions. SiteHarbor CL, NaviSite's co-location Web
hosting solution, is a customer-managed option for companies who wish to
maintain full responsibility for the monitoring and maintenance of their servers
while utilizing the benefits of NaviSite's infrastructure. SiteHarbor MC is a
managed co-location Web hosting solution. This option allows customers to
maintain a role in their server maintenance, but also receive management support
from NaviSite. SiteHarbor EM provides enhanced server management capabilities
and offers customers the NaviSite support

3

and Web server management tailored to the customer's unique needs. SiteHarbor
Application Solutions provide hosting and management solutions for e-commerce,
content management and ad-serving applications.

In addition to the SiteHarbor product line, NaviSite's NaviNet division
focuses on building high quality, cost-effective wholesale dial-up networking
services based on the NaviNet technology platform. NaviNet's product, GeoDial
SP, enables ISPs to rapidly expand into new markets and offer the latest dial-up
technologies to their customers, at a low per-user monthly cost for unlimited
Internet access.

GeoDial SP aggregates multiple calling areas, deploys advanced switch
bypass technology to eliminate busy signals due to port congestion, and relies
on private transit Internet connectivity to bypass congested public peering
points. In addition to building a unique technology solution, NaviNet is
partnering with CLECs, a strategy that enables the offering of data services
with minimal investment. By offering quality, low cost wholesale dial-up
networking services for ISPs, GeoDial SP allows ISPs to focus on end user
acquisition, technical support, and value-added services. ISPs can more easily
grow and retain their subscriber base in an increasingly competitive Internet
service marketplace.

In September, 1998 the Company announced that NaviSite's NaviNet division
would be spun-off as a separate wholly-owned subsidiary of CMG.

NaviSite has data centers in Andover, MA and Scotts Valley, CA and
currently plans to expand its Andover data center in the near future. NaviSite
currently generates revenues primarily from monthly per-server management fees,
installation fees and bandwidth usage charges. In addition to other customers,
NaviSite manages the Internet servers for many of CMG's Internet and interactive media affiliates, including Planet Direct, Engage, Mother Nature and Parable.
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