To: changedmyname who wrote (94997 ) 9/10/1999 10:59:00 AM From: Frederick Langford Read Replies (2) | Respond to of 119973
USIT Public Comparables VIAN/VIANT VIAN up HUGE US Interactive Reports Second Quarter Results -- Revenue Increases 200% /FROM PR NEWSWIRE BOSTON 617-482-5355/ TO BUSINESS AND TECHNOLOGY EDITORS: US Interactive Reports Second Quarter Results -- Revenue Increases 200% PHILADELPHIA, Sept. 8 /PRNewswire/ -- U.S. Interactive, Inc., (Nasdaq: USIT) a leading Internet professional services firm, today reported results for its second fiscal quarter ended June 30, 1999. Revenue for the second quarter 1999 was $7.6 million, an increase of 200% from the same period a year ago and a 25% sequential increase over the $6.1 million for the first quarter of 1999. The net loss for the second quarter was $3.9 million. The net loss for the quarter excluding a non-recurring charge for severance, amortization of deferred stock compensation, and amortization of goodwill was $1.2 million. Basic and diluted EPS was a loss of $0.43. EPS excluding amortization of deferred stock compensation and goodwill amortization ("Cash EPS") was a loss of $0.19 per share. "Our continued growth is based on our commitment and passion to this industry and our customers. The industry recognition and awards we received -- Received Computerworld's Smithsonian award for developing Starbright World, an Internet-based community to enhance the quality of life for seriously ill children. -- Recognized by the London School of Economics for building one of the 10 best corporate Web sites in the world for creating the Comcast Corporation Internet site. -- Launched marketing programs focused on e-business thought leadership through the establishment of the "e-Roadmap(SM) Web Broadcast Interactive Series". About U.S. Interactive, Inc. US Interactive is a leading Internet professional services company which helps world-class organizations capitalize on the business opportunities associated with the Internet. By combining business strategy, digital marketing and technology skills, US Interactive builds electronic enterprises using its proprietary e-Roadmap(SM) development plan, IVL Methodology(SM) and CAPTURE -- an extranet relationship management tool. US Interactive currently has more than 290 employees in eight cities: Los Angeles, Philadelphia, New York, Washington, D.C., Boston, Chicago, Murray Hill, NJ, and Singapore.CONTACTS: Kathy Babin, corporate communications of U.S. Interactive, Inc., 610-382- 8802, kbabin@usinteractive.com. Marnie Butler of The Horn Group, 781-794-9933, mbutler@horngroup.com Source PRN PR NewsWire Categories: NWR/PA NWI/MLM NWI/FIN NWS/ERNUS Interactive Reports Second Quarter Results -- Revenue Increases 200% CONTACTS: Kathy Babin, corporate communications of U.S. Interactive, Inc., 610-382- 8802, kbabin@usinteractive.com. Marnie Butler of The Horn Group, 781-794-9933, mbutler@horngroup.com Fred