To: Bernard Levy who wrote (11713 ) 12/15/1999 9:49:00 PM From: DubM Respond to of 12468
This news article for those that may have missed it with today's euphoria: All Headlines Office.com Ranked #1 Overall and in End-user Value by Cahners In-Stat Group NEW YORK--(BUSINESS WIRE)--Dec. 15, 1999--WINSTAR COMMUNICATIONS, INC. (NASDAQ: WCII) today announced that Office.com, A Service From Winstar(SM), (www.office.com) the new online business service for small and medium-sized businesses, was ranked first overall among 19 top Online Business Centers (OBCs) by Cahners In-Stat Group. Office.com also received a number-one ranking for value to end users and was ranked in the top three for value to partners and investors. These rankings are part of In-Stat's Online Computing Services research, which identifies and quantifies market opportunities for vendors providing computing services over the Internet. "We're extremely pleased to have been chosen the number-one service in our category by Cahners In-Stat," said Jeffrey S. Cutler, senior vice president and general manager for Office.com. "It's quite an honor to be recognized as the premier online service for small businesses, especially since we launched the site just over a month ago. We look forward to continuously enhancing and improving the site so that businesspeople can be sure that Office.com is where they'll always find the most comprehensive and relevant set of business content and services available on the Web." Cahners In-Stat Group, a leading high-tech research firm, surveyed and evaluated OBCs based on the breadth and depth of their current online offerings, expectations for the end of Q4 1999 and expectations for the end of Q2 2000. This survey data was validated by in-depth interviews with senior decision-makers at each firm and through In-Stat's trial or use of the OBC itself (including beta versions, demo versions and non-public/non-live sites). Each site's total score for site content and site analysis (end user, partner and investor) were combined to determine the overall OBC ranking. The site analysis scores were used alone for the individual ranking categories. To purchase the report or for more information about Cahners In-Stat services, please call Matt Woods at 617.630.2139; mwoods@cahners.com or visit instat.com to purchase the report online. About Office.com Office.com, A Service From Winstar(SM), is the first complete and relevant destination site to meet the needs of businesspeople by focusing the power of the Internet for the workworld. Office.com combines deep, industry-specific content, community, commerce and communications services from best-of-breed partners and in-house experts, helping people in business work smarter, faster and more efficiently. In 1998, Office.com debuted its "Business Tools" and related content in Yahoo!'s Small Business channel. In April 1999, CBS Corporation purchased a one-third stake in Office.com in exchange for $42 million in promotion and advertising across CBS properties. Office.com launched on November 1, 1999. For more information about Office.com, and the nearly 150 industries and professions it serves, visit www.office.com. About Winstar Winstar Communications, Inc. (www.winstar.com) helps companies around the globe engage in Frictionless Business(SM) through the use of seamless communications and technology. Winstar provides its customers with a comprehensive set of high-quality, digital-age broadband communications services--including high-speed Internet access and data transport, Web-based information and local and long distance services. Winstar offers its services in more than 70 markets throughout the U.S. and in Europe, Asia and South America. It is the largest holder of broadband fixed wireless spectrum, with licenses in the top 60 U.S. markets and in 10 international markets. Winstar's broadband fixed wireless capabilities complement and extend the reach of its extensive fiber network. The company's long-haul fiber network--which supports IP (Internet Protocol), ATM (Asynchronous Transfer Mode) and frame relay--will extend more than 16,000 route miles and connect all of the top 60 U.S. markets. Winstar's intracity fiber network will consist of nearly 6,000 route miles in over 60 major domestic and international markets. Winstar's Tier 1 Internet backbone and enhanced Web service offerings, including Web hosting and design, make Winstar one of the largest Internet companies in the U.S. The company's innovative applications enable businesses to take advantage of the new Internet economy. Recently, the company launched Office.com, A Service From Winstar(SM), (www.office.com) a premier Internet destination site designed to bring the best of the business Web to the desktop. E