To: Mark Fowler who wrote (78890 ) 9/29/1999 9:04:00 AM From: Glenn D. Rudolph Respond to of 164684
AOL To Launch Version 5.0 Of Software In A Few Weeks SEP 29,1999 SAN FRANCISCO -(Dow Jones)- America Online Inc., the world's leading Internet-service provider, will launch version 5.0 of its online software in the next few weeks, AOL Chief Financial Officer Mike Kelly said. The new version will come with a scheduling calendar, software to handle photographs and new search features, he said. It also will allow users to customize parts of the online service's appearance. Kelly, speaking at the Bank of America Securities investment conference, said Dulles, Va.-based AOL (AOL) is getting about 50% of people coming onto the Internet to subscribe to its service. In addition, growth in the online industry will accelerate over the next few years, he said. The "growth in the next wave (of Internet expansion) is just starting," he said. Separately, the Dulles, Va.-based AOL and Rochester, N.Y.-based photo giant Eastman Kodak Co. (EK) announced that "You've Got Pictures," the long-awaited photo-online service from the companies, is drawing high consumer interest in trial markets. In the test cities, including Boston, Philadelphia, Cleveland, Tampa and Orlando, 70% of AOL users click on the new computer-screen icon for "You've Got Pictures," according to the companies. Of those who have tried the service, 71% say they will use it again and 87% say they will recommend it to a friend. "We're seeing tremendous demand in the test cities," Sheila D. Leverone, AOL's executive director and general manager of imaging and e-greetings, said in an interview. "You've Got Pictures" is the latest way for consumers to get digital photographs online. AOL users check a box on their photo-processing envelope. Their pictures are then delivered to their AOL account, where users can e-mail their photos to others and order reprints and other services. "You've Got Pictures" is expected to be rolled out nationally by the end of October. Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved.