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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (39474)	12/7/1999 9:10:00 AM
From: Frederick Langford	Respond to of 108040

Korea Thrunet Launches 'Open Bulletin Board Service' First in Korea /FROM PR NEWSWIRE NEW YORK 800-776-8090/ TO BUSINESS AND TECHNOLOGY EDITORS: Korea Thrunet Launches 'Open Bulletin Board Service' First in Korea NEW YORK and SEOUL, Korea, Nov. 30 /PRNewswire/ -- Korea Thrunet Co., Ltd. (Nasdaq: KOREA) today announced that it has successfully launched "Open Bulletin Board System" first in Korea, which both wired and wireless communications technologies have access to, and this service will be offered to all Internet users in Korea for free of charge under the brand name of 'dvvb Service (http://www.dvvb.com)' starting from Dec. 1, 1999. One of the most fascinating characteristics of "Open Bulletin Board Service" is that people can create and search through the bulletin board at any time and anywhere not only via wired network, but also via mobile phones with built-in Internet browser for wireless Internet. Also, this newest service enables people to freely create and operate the bulletin board in accordance with their own purposes and interests and this customization function allows people to add their own personality to the bulletin board contrary to the conventional standardized bulletin board operated by ISPs. Adding this latest service to existing business line-up of Korea Thrunet, the company, targeting more than 20 million Korean cellular subscribers in addition to existing wired Internet users and bringing them into Thrunet community, expects to have advertisement revenue resulting from the increase in number of pageviews. Korea Thrunet will provide the bulletin board selected as the best bulletin board with independent URL and implement revenue sharing system by putting advertisements on the bulletin board, which will contribute to the expansion of "Thrunet Community". Copies of the prospectus relating to the offering may be obtained from Lehman Brothers Inc. c/o Automatic Data Processing, Prospectus Fulfillment, 55 Mercedes Way, Edgewood, NY 11717, USA, telephone 516-254-7106. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of Korea Thrunet. Korea Thrunet's common shares are being offered only by means of the prospectus. About Company Korea Thrunet Co., Ltd. is the leading provider of high-speed Internet services in Korea, with 90,693 end users as of September 30, 1999. Thrunet service features "always-on" Internet access at speeds up to 100 times faster than traditional dial-up Internet access, with compelling multimedia content ranging from on-demand music videos and Internet telephony to multimedia bulletin board and multimedia chatting services. Korea Thrunet also provides facilities-based data communications services to more than 100 corporate customers in Korea, including several major telecommunications carriers such as SK Telecom Co. Ltd. and Shinsegi Telecomm Inc. Founded in July, 1996, Korea Thrunet's principal offices are located at 1338-5, Seosho-2 dong, Seosho-ku, Seoul, Korea 137-072. SOURCE Korea Thrunet Co., Ltd. /CONTACT: Yong Song Lee of Korea Thrunet Co., Ltd., +822-3488-8058, orfax, +822-3488-8700, or welcome@corp.thrunet.com; or Mami Ogawa of ThomsonFinancial Investor Relations, 212-701-1824, or fax, 212-344-5929, ormami.ogawa@thomsonir.com, for Korea Thrunet Co., Ltd./ Nov-30-1999 18:31 GMT Symbols: US;KORE Source PRN PR NewsWire Categories: NWR/NY NWI/CPR NWI/MLM