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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: Rene Madsen who wrote (14571)	12/7/1999 11:11:00 AM
From: Jenne	Respond to of 19700

(MSFT) iCAST and Microsoft Enter Strategic Marketing Relationship; iCASTER will Stream in Windows Media Format; Companies Begin Aggressive Streaming Media Marketing Campaigns BUSINESS WIRE - December 07, 1999 10:09 SAN JOSE, Calif., Dec 7, 1999 (BUSINESS WIRE) -- iCAST, an online entertainment venture and CMGI Inc., (NASDAQ: CMGI) majority-owned operating company, and Microsoft Corporation, (Nasdaq: MSFT) today announced a strategic relationship for broadband and streaming media. iCAST will use Microsoft Windows Media as the preferred streaming media format for the iCASTER, the company's next-generation application and media player, and iCAST.com. The iCASTER combines audio and video streaming, instant messaging and chat, and powerful media search capabilities for an immersive online entertainment experience. "Both iCAST and Microsoft understand the enormous role that streaming media will play in the future of online entertainment," said David Wetherell, chairman and CEO of CMGI. "The Windows Media platform allows iCAST to achieve tremendous market reach, deliver the highest quality digital media experience and provides a reliable, popular platform with which to grow our member base." "Microsoft is excited that iCAST has selected Windows Media for iCAST.com and the iCASTER," said Will Poole, general manager, Streaming Media Division at Microsoft. "Windows Media enables new opportunities, and we're excited that iCAST is delivering top-notch entertainment and a compelling community experience using Windows Media." iCAST and Microsoft will work closely on several initiatives designed to encourage the creation and adoption of streaming media content in the Windows Media format, including promotion of iCASTER downloads, and traffic on iCAST.com and its affiliate sites that contain Windows Media content. Co-marketing plans include the sponsorship of music and film self-publishing contests on iCAST.com. iCAST's relationship with Microsoft will allow iCAST.com to significantly expand its stable Internet content and enables the iCASTER to deliver the highest quality streaming media experience. The iCASTER is a next-generation application that brings immersive entertainment to the desktop. It seamlessly integrates media playback (Windows Media audio, video and MP3) with chat, instant messaging and an elegant media search capability, which includes a database of more than 1,500, constantly updated, live streams from around the world. It will provide a contextual digital media experience that puts users at the center of their entertainment. The iCASTER is a free, downloadable application that will be available with the launch of iCAST.com in January 2000. About iCAST iCAST.com, is an online entertainment company created by CMGI that will launch with music and film channels. It will feature original and syndicated audio/video content and programming, live and archived events, entertainment news and related information and self-publishing tools. Using the Windows Media format, the iCASTER will offer the thrill of streaming media combined with the power of community and personalization for an unprecedented online entertainment experience. iCAST.com is scheduled to launch in January, 2000. About Windows Media Technologies Windows Media Technologies is the leading digital media platform, providing consumers, content providers, solution providers, software developers and corporations with unmatched audio and video quality. Windows Media Technologies 4, which includes Windows Media Player, Windows Media Services, Windows Media Tools and the Windows Media SDK, is available for free* download at microsoft.com. The free* Windows Media Player is the fastest growing media player with more than 50 million copies downloaded to date - growing by more than one every second.

To: Rene Madsen who wrote (14571)	12/7/1999 11:25:00 AM
From: DiB	Read Replies (1) \| Respond to of 19700

Rene, CMGI has 400 mln authorized, so they have room for 2:1 or 3:1 split. -DiB