To: PCSS who wrote (74205 ) 12/20/1999 4:29:00 PM From: Elwood P. Dowd Respond to of 97611
CMGI up 6 in after-hours trading. This news was released @ 3:56pm. El ....... Salter New Media and Activate.Net Canada Enter Network Services Agreement HALIFAX, NOVA SCOTIA/TORONTO, ONTARIO--Salter New Media Limited and Activate.net Canada Corporation (Activate.net), a majority-owned operating company of CMGI Inc. [NasdaqNM:CMGI - news], today announced an agreement to provide high performance broadcast streaming services for Canadian publicly listed companies and investors. The agreement involves Salter New Media's service Q1234.com, which is the leading aggregator of live and archived broadcasts of quarterly earnings calls, annual general meetings, and other announcements for publicly traded companies. Under the terms of the agreement, Activate.net will become the exclusive high-bandwidth streaming provider for Q1234.com. This allows Salter New Media to offer broadcasts through theActivate.net network with optimal audio and video streaming quality to audiences of any size. ''We are very excited about our new relationship with Activate.net,'' said Sudhir Morar, General Manager of Salter New Media. ''As a leader in online broadcasting, Activate.net allows Q1234.com to provide best-of-breed service to its corporate customers.'' Shaun McIver, General Manger of Activate.net Canada stated, ''We are very pleased that Q1234.com has chosen to utilize Activate.net's network to support their tremendous growth in Canada's online business conferencing market. Our high capacity global streaming facilities will enable Q1234.com to dramatically expand their live and on-demand hosting capabilities''. About Q1234.com Launched jointly with the Toronto Stock Exchange in April 1999, Q1234.com broadcasts on the Internet the quarterly earnings calls and other important announcements of public companies. After the live broadcast, conference calls and other announcements are archived on the site, for convenient retrieval. The site offers a unique service to the investment community, as it allows all investors access to financial presentations by senior management of public companies. In addition to retail investors, the site is used by fund managers, equity analysts, and other financial professionals. Its archive currently contains over 100 calls, and provides a quarter-over-quarter record of financial results of public companies. The site is endorsed by the Toronto Stock Exchange, and is featured on their web site, tse.com. About Salter New Media Salter New Media is an affiliate of Salter Street Films Limited (TSE: SSF - news), in association with MT&T Holdings Inc., a subsidiary of MTT owned by Aliant (TSE: AIT - news). The company focuses on the creation of original, branded content for the Internet. Salter New Media's Internet products now include Bargoon.com, a local auction site; InvestorCanada.com, which features Canadian stock market information; and Q1234.com, which broadcasts quarterly earnings calls, other announcements for publicly traded companies over the Internet. About Activate.net Activate.net Canada Corporation is a wholly owned subsidiary of Seattle-based Activate.net Corporation. Activate.net is the leading provider of Internet-based corporate communications, providing advanced broadcasting services, technology and network infrastructure to deploy audio and video to large, on-line communities. Among its innovations are the Activate Broadcast Network, SwitchBoard-the first application to extend conference calls to the Internet-and production of secure, pay-per-view business broadcasts. Major clients include Microsoft, Dell, Extend Media, Global TV, TicketMaster Online-CitySearch, and CORUS Radio. Activate.net is a majority-owned operating company of CMGI, Inc. Visit Salter New Media's Web Sites: www.salternewmedia.com www.investorcanada.com www.bargoon.com www.Q1234.com Contact: Salter New Media Sudhir Morar (Source) General Manager (902) 420-1577 smorar@salternewmedia.com or Q1234.com