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To: P.M.Freedman who wrote (28966)8/9/1999 8:00:00 AM
From: Roy F  Respond to of 41369
 
Proxicom to be AOL Preferred Provider forInternet Solutions; Strategic Alliance Will Offer DifferentiatedEnd-to-End E-Commerce Solutions for Corporate Users

August 9, 1999 07:32 AM
RESTON, Va.--(BUSINESS WIRE)--August 9, 1999--Proxicom, Inc. PXCM , a leading Internet consulting and development company, today announced that it has joined with America Online AOL in a strategic relationship under which Proxicom will be the preferred provider of professional services to the top-tier corporate accounts of AOL and Netscape, a wholly-owned subsidiary of AOL.

As AOL's preferred provider, Proxicom consultants will provide the corporate customers of AOL and Netscape with Internet, extranet and intranet development services, including software development, implementation of packaged applications and integration with enterprise systems. Additionally, Proxicom will provide information architecture design, e-business strategy and technology advisory consulting.

"We have had a very successful working relationship with Proxicom since 1996," said David Gang, Senior Vice President for Strategic Development at America Online. "AOL's market position and unique offerings together with Proxicom's track record in Internet strategy, technology and creative design services - produces a formidable solution for companies looking to create a competitive advantage through the Internet. We chose Proxicom because it is a leader in the Internet space."

This new relationship is designed to give Fortune 500 companies a competitive edge in the development of online business by offering differentiated e-commerce solutions that integrate Netscape enterprise software, Netscape Netcenter and other AOL e-commerce offerings.

"We are excited about the unique opportunities presented by this alliance with AOL," said Raul J. Fernandez, President and CEO of Proxicom. "Proxicom professionals have the in-depth knowledge and experience necessary to plan, design and implement business-critical Internet solutions. This expertise, combined with the increasing range of AOL's e-commerce offerings, will allow us to provide clients with unique end-to-end Internet strategies and implementation. This relationship strengthens the value that both AOL and Proxicom bring to their clients."

About Proxicom:

Proxicom, Inc. is a leading provider of Business-critical Internet Solutions(TM) for Global 1000 companies. Proxicom provides e-commerce solutions through four industry practices: Energy & Telecommunications; Financial Services; Retail & Manufacturing; and Service Industries. These solutions adhere to its exclusive methodology, The Proxicom Process, which integrates strategy, technology and creative design expertise to exploit the Internet's full potential. Founded in 1991, Proxicom has completed 750 successful client engagements since 1994. Proxicom has led Internet efforts for companies such as AOL, BMW, Marriott International, Mercedes-Benz Credit Corp., Mobil Corp., GE Capital, MCI WorldCom, and others. Proxicom, headquartered in Reston, Va., employs more than 480 professionals worldwide, with offices in New York, Chicago, San Francisco, Los Angeles, Houston, Sausalito, Calif., Sacramento, Calif., Munich, Germany, Rome and Madrid, Spain. More information can be found at www.proxicom.com.

Proxicom is a registered trademark of Proxicom, Inc. All other product, service and company names are trademarks, registered trademarks or service marks of their respective owners.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements in this release regarding Proxicom, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements in this release, see the "Risk Factors" section in the company's prospectus dated April 19, 1999.





To: P.M.Freedman who wrote (28966)8/9/1999 8:01:00 AM
From: Roy F  Respond to of 41369
 
ICQ Surpasses 40 Million Registered Users; Number of Registered ICQ Users Triples Since AOL Acquisition

August 9, 1999 07:12 AM
DULLES, Va.--(BUSINESS WIRE)--Aug. 9, 1999--America Online, Inc. AOL today announced that ICQ, the world's largest online communications community, has surpassed 40 million registered users. The ICQ service continues to show staggering growth. The Company also said that ICQ remains the portal of choice for the young and Internet savvy web enthusiasts. Nearly 85% of its registered users are under age 35, and the audience has very little overlap with the AOL service.

In June, 1998 America Online, Inc. acquired Mirabilis, creator of the popular Net messaging software, ICQ, with 12 million registered users. Within four months of the ICQ acquisition, ICQ passed the 20 million registered user mark and now has more than tripled the registered user base.

Bob Pittman, President and Chief Operating Officer of America Online, said: "With 40 million registered users, ICQ has quickly emerged as the new powerhouse in cyberspace. ICQ's registered users are passionate about its features and functionality. The amount of time spent with the service demonstrates unprecedented 'stickiness.' ICQ's growth and irreverent spirit are a testament to the strength of AOL's multiple-brand strategy."

ICQ registered users spend a tremendous amount of time with the service on their computer desktop. In fact, seven million people use ICQ every single day. Active ICQ users keep it persistently on their desktops about 2 1/2 hours daily and use the service for more than an hour a day. Total daily usage averages almost 20 million hours. At peak periods, ICQ simultaneous usage reaches over one million users, second only to the flagship AOL service for all Internet services.

Ted Leonsis, President of AOL Interactive Properties Group, said: "When we decided to purchase ICQ, we knew we had a hit on our hands, but by any measure, the ICQ brand has exceeded expectations. ICQ is growing exponentially around the world with the Internet's most enthusiastic users. Our ICQ development teams in Israel and the U.S. will continue to add vital and fun features that make it a unique and integral part of millions of lives."

ICQ announced recently that it will soon launch the ICQ Mail (tm) service, a customized, free, Web-based email service for the ICQ (sm) service, developed in collaboration with Critical Path, Inc. In addition, ICQ entered into an agreement with Net2Phone to develop and deploy Internet telephony services, which will enable ICQ users throughout the world with a PC and Internet access to place and receive voice phone calls through the Internet.

The ICQ service is a communications portal built around the ability to seek and communicate with friends, family and colleagues online. ICQ's unique, free software is loaded with vital and fun communications tools such as its flagship instant messaging and real-time chat features, plus Web functionality, including ICQ iT! search, and ICQ White Pages, which allow users to find like-minded users within the ICQ community.

About America Online, Inc.

Founded in 1985, America Online, Inc., based in Dulles, Virginia, is the world's leader in interactive services, Web brands, Internet technologies, and e-commerce services. America Online, Inc. operates: two worldwide Internet services, America Online, with more than 17 million members, and CompuServe, with approximately 2 million members; several leading Internet brands including ICQ, AOL Instant Messenger and Digital City, Inc.; the Netscape Netcenter and AOL.COM portals; the Netscape Navigator and Communicator browsers; AOL MovieFone, the nation's # 1 movie listing guide and ticketing service; and Spinner Networks and NullSoft, Inc., leaders in Internet music. Through its strategic alliance with Sun Microsystems, the Company develops and offers easy-to-deploy, end-to-end e-commerce and enterprise solutions for companies operating in the Net Economy.