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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: MrGardener who wrote (12507)	9/30/1999 6:39:00 PM
From: Sarkie	Read Replies (1) \| Respond to of 28311

Payroll Online Signs Agreement With Go2Net siliconinvestor.com Payroll Services to be Made Available to HyperMart and Virtual Avenue's 500,000 Member Businesses BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 30, 1999--Payroll Online Corporation, the emerging market leader in Web-based business-to-business payroll services, announced today that it has reached agreement with Go2Net to provide its services via the HyperMart Small Business Center, which Go2Net (Nasdaq: GNET) launched this week at hypermart.net. The HyperMart Small Business Center provides the Internet's largest aggregation of small- and medium-sized businesses with a comprehensive, one-stop portal featuring the Internet's leading business-to-business products, services and reference materials. Under the agreement, Payroll Online(R) will be the exclusive provider of online payroll services for the HyperMart Small Business Center. Payroll Online(R) services include payroll processing, payroll tax management, human resource record keeping and benefit reporting. Payroll Online(R) also offers the Employer Services Network(tm) for use as a Web-based extension of its small business back-office operation. According to Richard A. Donah, Chairman and CEO of Payroll Online Corporation, the opportunity to partner with Go2Net's Network gives Payroll Online(R) access to a significant number of Web-based small businesses. "Our brick-and-mortar competitors cannot duplicate our vision," Donah said. "Companies like Go2Net have demonstrated an ability to develop Web communities. We firmly believe that by partnering with Go2Net, we can continue on our path of being the Internet leader in 'employer-centric' business services." HyperMart and Go2Net's Virtual Avenue (http://www.virtualave.net) comprise the Internet's largest and fastest-growing online community of small- and medium-sized companies, with more than 500,000 member businesses, adding new members at a rate of 1,500 businesses per day. "We're pleased to offer Payroll Online's(R) services to HyperMart's rapidly expanding online business community, and believe that this represents a great opportunity for both companies," said Thomas M. Camp, Go2Net vice president of business development. "Payroll Online's(R) services will be a strong addition to the Small Business Center." Payroll Online Corporation is one of the Internet's leading sources for mission-critical information, including the only service model in the payroll industry that directly links clients into their payroll and human resource databases with support provided via e-mail. The company services employers across the country from its technology center in Seattle. The Go2Net Network provides branded, technology- and community-driven Web sites focused on the categories of search and directory, personal finance, commerce and business services, and games. The Go2Net Network is among the Internet's fastest-growing destinations and is the ninth-most-visited property overall on the Internet, according to the Media Metrix Web measurement firm. Payroll Online(R) (http://www.payrollonline.com) is a registered trademark of Payroll Online Corporation, one of the nation's new generation of fast-growing electronic commerce and information service bureaus headquartered in the Seattle area. Payroll Online(R) completed over $500 million in payroll transactions over the past 12 months. The 6-year-old company was recently recognized by Washington CEO magazine as one of the region's Top 100 Technology Leaders. -------------------------------------------------------------------------------- Contact: Payroll Online Corporation Richard A. Donah, 800/554-0075 rickd@payrollonline.com www.payrollonline.com or McKnight & Company, Inc. Jeanne McKnight, 206/464-4001 jeanne@mcknightpr.com