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To: Mr. Stress who wrote (32192)	10/4/1999 11:57:00 AM
From: Mary Baker	Read Replies (1) \| Respond to of 41369

Net2Phone <NTOP.O>, AOL unit ICQ in pact DULLES, Va., Oct 4 (Reuters) - Net2Phone Inc. and America Online Inc. <AOL.N> unit ICQ said Monday they reached a deal to offer a pre-paid "virtual calling card" that will route telephone calls over Net2Phone's Internet protocol network. The companies said the card will be available at ICQ's Web site (icqphone.icq.com) and can initially be used to make telephone calls from the United States to anywhere in the world at rates the companies said are up to 70 percent less than traditional phone cards. ICQ offers Internet-based communication services. The companies plan to make the cards available to ICQ users in 19 additional countries in the coming months. The announcement is the first in a series of initiatives under a four-year agreement between Net2Phone and ICQ to provide a suite of Internet telephony services to ICQ customers. 10:46 10-04-99 Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.

To: Mr. Stress who wrote (32192)	10/4/1999 11:59:00 AM
From: Mary Baker	Respond to of 41369

AOL, Travelocity in 5-year $200 million deal NEW YORK, Oct 4 (Reuters) - America Online Inc <AOL.N> said it and Sabre Holdings Corp. <TSG.N> entered on Monday a five-year $200 million deal in which Sabre's Travelocity.com Web site will process all travel reservations booked through AOL's sites. The deal is contingent on the completion of Sabre's acquisition of Preview Travel Inc. <PTVL.O>, announced earlier, which it plans to combine with Travelocity. A portion of the $200 million Travelocity.com will pay AOL is guaranteed. The remainder will be paid upon meeting specified performance thresholds as part of a revenue sharing structure across both advertising and commission revenue streams across AOL properties. AOL's travel reservations were previously handled by Preview Travel, while its Compuserve unit used Travelocity.com. 10:50 10-04-99 Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.

To: Mr. Stress who wrote (32192)	10/4/1999 12:02:00 PM
From: Mary Baker	Respond to of 41369

Sabre to Spin Off Travelocitycom Internet Site Fort Worth, Texas, Oct. 4 (Bloomberg) -- Sabre Holdings Corp., the world's largest travel reservation company, said it will spin off its Travelocity.com Internet site and combine it with Preview Travel Inc. to profit from the fast-growing unit. Sabre will contribute Travelocity's assets plus $50 million in cash to a new company called Travelocity.com. Preview Travel shares will convert into shares of the new company at a 1-to-1 ratio, or $243.6 million based on Friday's close. Sabre will own 70 percent of the new company, Preview shareholders the rest. Travelocity and Preview had combined travel sales of $468 million during the first half, putting them ahead of Microsoft Corp.'s Expedia site. The new company expects 1999 sales to top $1 billion, Sabre Chief Financial Officer Jeffrey Jackson said. ''What we've done is create a clear leader,'' Jackson said. ''Prior to this announcement, there were many players, and there was no clear market premium for the leader.'' The companies will meld their sites on the World Wide Web, retaining characteristics of both. The combined company will have 17.7 million registered members and 7.9 million unique vistors monthly. Travelocity will be the third-largest Internet commerce site behind Amazon.com Inc. and Ebay Inc.. Jackson said. Sabre shares rose 2 7/8 to 46 1/4 in late morning trading of 180,300. The stock has fallen about 2.5 percent this year. Preview Travel surged 6 7/16 to 24 1/16 in trading of 6.22 million shares, one of the biggest percentage gainers among U.S. stocks. AOL Connection Travelocity, already the No. 1 Internet travel service, signed a five-year contract with America Online Inc., the biggest Internet service. The agreement makes Travelocity the exclusive reservations agent for all travel services on America Online and gives Travelocity a share of travel-related advertising revenue. America Online values the pact at as much as $200 million. ''We have the opportunity to generate lots and lots of revenue through this arrangement,'' Jackson said. America Online rose 13/16 to 108 11/16. Fort Worth, Texas-based Sabre said it extended terms of a similar agreement with Yahoo! Inc. The world's largest Internet search service will take a minority stake in the new Travelocity. Today's announcement ends months of speculation about Sabre's plans for Travelocity. For most of the year, analysts and investors urged Sabre officials to spin off Travelocity to tap into the fervor for Internet stocks. ''It creates a public currency,'' Jackson said. That currency also will be used to attract and retain employees and for future acquisitions and partnerships, he said. Hints of a Spinoff The company hinted in March that a spinoff might be in the works when it restructured to combine its travel reservation and computer services divisions, yet kept Travelocity as a separate unit. Sabre officials, though, also pointed out that Travelocity contributes to Sabre's reservation business. Sabre runs the travel reservation system used by about 40,000 travel agents worldwide. That system is the backbone that powers Travelocity. In addition, Sabre provides computer services to air carriers, including AMR Corp.'s American Airlines. Sabre was spun off from AMR in 1996, and the airline company still owns 83 percent of its stock. The Travelocity spin off comes less than a month after Sabre Chief Executive Michael Durham abruptly resigned. Sabre Chairman Donald Carty, also AMR's chairman, is serving as acting CEO until a replacement is named. Sabre struggled with a slowdown in its computer services business in the second quarter. Revenue rose 5.3 percent, compared with 72 percent a year earlier. The company fired 329 workers in early September to cut costs. The Travelocity transaction is forecast to close early next year. Oct/04/1999 11:37 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.

To: Mr. Stress who wrote (32192)	10/4/1999 12:06:00 PM
From: Mary Baker	Respond to of 41369

Dialog Joins with Netscape to Drive Desktop Growth Credit Card Access to Specialized Business, Science and Technology Portals; Opens Up New Market of Over 150 Million Internet Users for Dialog Databases LONDON and CARY, N.C., Oct. 4 /PRNewswire/ -- The Information Services Division of The Dialog Corporation (Nasdaq: DIAL; LSE), a leading provider of Internet-based information, technology and e-commerce solutions to the corporate market, today announced the introduction of a suite of professional Internet portals accessible from Dialog's homepage (www.dialog.com ) and targeted at the business, science and technology markets. Professional researchers in the world's largest corporations have relied on Dialog for authoritative information for more than 25 years. The launch of these new professional portals marks the first time the world's largest commercial online information collection is available to any Internet user on a "pay-per-view" basis, via credit card billing. It also delivers one of Dialog's key strategic objectives - to open up the wealth of the Dialog databanks to a much wider audience. "When we acquired Knight-Ridder Information in 1997, we stated that a key objective would be to leverage the vast content of the Dialog databases," said Dan Wagner, Dialog's Chief Executive. "Since then, we have progressively moved forward the technology facilitating Internet and intranet access to those databases. Now, we are taking the next logical step forward in that strategy of opening up access to Dialog by enabling any professional to search Dialog and pay by credit card on the Internet." Combining Custom Netcenter's consumer content, offered by Netscape Communications Corporation - a subsidiary of America Online, Inc. (NYSE: AOL)- with key content from Dialog's superior business, scientific and technical information databases, Dialog's portals now offer a unique destination for Internet users who need access to professional information while simultaneously accessing weather, sports and other consumer data from the Internet. The three portals initially being offered - each targeted to a specific market sector - are business (www.dialog.com/business ), science (www.dialog.com/science ) and technology (www.dialog.com/technology ). The portals, which may be personalized to meet the user's exact areas of interest, offer information from more than 50,000 of the most respected publications in the world, including market research reports, journals, magazines, newspapers, newsletters and newswires. Subject areas include business, chemistry, engineering, environment, government, medicine, and pharmaceuticals. Dialog's advanced technology enables users to conduct precise searches in only a matter of seconds. "The combination of Dialog's broad content offerings, integrated with Custom Netcenter's custom portal services, provides a powerful Internet portal solution," said Jim Martin, senior vice president of Netscape and general manager of Netscape Netcenter. "Netscape is proud to be able to offer this important service along with The Dialog Corporation." Wagner added, "Millions of people who don't have access to professional information databases waste time and effort searching for so-called 'free' information on the Web. The fact is, it's not free if you have spent a lot of valuable time searching for information that may not be reliable. These simple and secure solutions provide those millions of Internet users with a way to get whatever information they need, when they need it, in one place." Each portal delivers a wealth of free, personalized information and services relevant to the user's profession, area of expertise and interests. Users can personalize their own Internet pages with customized stock listings, news, weather, sports and travel information. Additional services include web searches, web-based e-mail, personalized calendars, address books and bookmarks. Users do not need to pay a subscription fee, nor are they charged to search for information on any of the Dialog portals. The user only needs to pay for the information they decide to buy, by giving their credit card number on a secure site. Charges range from 20 cents to $20 depending on the type of information purchased, and the Dialog portals currently support payment by Master Card or Visa. The Dialog portals are available via The Dialog Corporation's homepage at www.dialog.com , or directly at: dialog.com dialog.com dialog.com About The Dialog Corporation The Dialog Corporation (http://www.dialog.com ) is a leading provider of Internet-based information, technology and e-commerce solutions to the corporate market, created by the merger of M.A.I.D. plc and Knight-Ridder Information Inc. The Dialog Corporation brands include the DIALOG, DataStar and Profound range of products and services. These brands provide comprehensive, authoritative sources of information to professionals worldwide. The Dialog Corporation has world headquarters in London and US headquarters in Cary, N.C. Its American Depositary Shares (ADS) are traded on NASDAQ under the symbol 'DIAL' with four Ordinary Shares comprising one ADS; its Ordinary Shares trade on the London Stock Exchange under the symbol 'DLG.' 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; and AOL MovieFone, the nation's largest movie listing guide and ticketing service. 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. SOURCE Dialog Corporation CO: Dialog Corporation; America Online, Inc.; Netscape Communications Corporation ST: North Carolina, Virginia IN: CPR SU: PDT 10/04/1999 08:44 EDT prnewswire.com