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Technology Stocks : MyPoints.com, Inc. (MYPT) -- Ignore unavailable to you. Want to Upgrade?

To: Sean T. Kim who wrote (51)	9/30/1999 2:24:00 PM
From: Sean T. Kim	Read Replies (2) \| Respond to of 71

CGLD moving in on MYPT clients. XOOM.com Adopts Cybergold's Payment System for Online Transactions SAN FRANCISCO and OAKLAND, Calif., Sept. 30 /PRNewswire/ -- XOOM.com, Inc. (Nasdaq: XMCM - news), a leading direct e-commerce company, and Cybergold, Inc. (Nasdaq: CGLD - news), home of the online Earn & Spend Community(TM) (www.cybergold.com), today announced that Cybergold's proprietary payment system will enable XOOM.com's more than 10.2 million members to buy and sell high quality digital content from the XOOM.com Web site ( xoom.com ). XOOM.com will implement Cybergold's payments system on its Media Sharehouse ( mediasharehouse.com ), a free online service that allows XOOM.com members to store, share and showcase any type of digital media file, including MP3 audio files, games and streaming video clips. Cybergold's payments system will enable XOOM.com members to buy and sell digital content directly from Media Sharehouse using Cybergold's online payment technology. XOOM.com members will receive Cybergold ``Earn and Spend' rewards when purchasing products from the XOOM.com Web site. ``Earn and Spend' rewards are actual cash that can be used to purchase digital content, services and products such as software, music, credit reports and publications. ``We are thrilled to have the opportunity to offer Cybergold's Earn and Spend capabilities to XOOM.com's 10.2 million members,' said Cybergold founder and CEO Nat Goldhaber. ``XOOM.com's approach to content and e-commerce is one of the Internet's great success stories -- their rapid growth is nothing short of remarkable.' ``Cybergold's payment technology is enabling us to enhance our e-commerce capabilities and provides our members with new purchasing options,' said Jody Sherman, vice president of business development of XOOM.com. ``We are always looking to provide our members with more ways to easily buy products from our Web site.'