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Technology Stocks : CNET: The Computer Network (NASDAQ:CNET) -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (1079)	1/12/2000 12:43:00 AM
From: Randy Ellingson	Respond to of 1133

Very good news, if slightly late perhaps. Randy

To: 2MAR$ who wrote (1079)	1/12/2000 1:35:00 AM
From: Randy Ellingson	Read Replies (1) \| Respond to of 1133

biz.yahoo.com Tuesday January 11, 7:50 pm Eastern Time Company Press Release CNET Invests in Internet Hard Drive Company X:drive X:drive's new `Skip the Download'TM Technology, to Be Incorporated Into CNET's Download.com SANTA MONICA, Calif.--(BUSINESS WIRE)--Jan. 11, 2000--X:drive, the Internet hard drive company, today announced an investment from CNET Inc. (Nasdaq:CNET - news). In addition to the investment, X:drive has agreed to an extensive marketing effort across the CNET network, and will offer its breakthrough ``Skip The Download'(TM) technology to CNET's more than 9 million users. Under the terms of the agreement, CNET will incorporate X:drive services into CNET Download.com, the Internet's leading catalogue of free software downloads, which powers downloads from across the CNET network. The unique ``Skip the Download' feature will allow users to instantly transfer files directly into their X:drive accounts without waiting for file downloads. As part of the agreement, X:drive will offer CNET users up to 100 megabytes of personal, secure storage space at no charge. X:drive's unique and powerful technology will also enable users to access personal and public shared files using the already familiar Windows File Explorer on their desktop. ``We are pleased that CNET will offer X:drive as a means for its users to capture files from CNET Download.com,' stated Brett O'Brien, founder and CEO of X:drive. ``With this feature, all downloadable files on this site become portable, because visitors now have the option to save these files to their X:drives, and later access them from any Internet-enabled computer.' About X:drive Founded in early 1999, X:drive is the first company to transform the Internet into a virtual hard drive. X:drive's free service, with more than 8,000 new members joining daily and more than 1 million active, registered members anticipated by the first quarter of 2000, provides secure space on the Internet to organize, edit, store and share any type of file. According PC Data's December ratings, X:drive is the largest Internet hard drive company in the world. X:drive is privately held and based in Santa Monica. Its venture partners include Goldman Sachs, eCompanies, Wit Capital, Alex Brown and David Bohnett (founder of GeoCities). About CNET CNET is at the leading edge of media companies, producing a branded Internet network and television programming for both targeted and general audiences. Online and on television, CNET is the leading authority on computers, the Internet and digital technologies. CNET's network serves millions of users each day. CNET television programming airs on CNBC, USA Network, the Sci-Fi Channel and in national syndication, as well 61 foreign countries. CNET currently has investments in cash and marketable securities that today are valued at nearly $1 billion including its 13 percent stake in NBC Internet Inc. About Download.com CNET Download.com compiles the Internet's top free-to-download software titles in the CNET Software Library, which comprises more than 250,000 shareware, freeware and demo titles. CNET Download.com gives users an easy-to-use site that makes finding and downloading software quick and painless for the next generation of Web user. Visitors to CNET Download.com find today's most popular titles right at their fingertips, including must-have utilities, the hottest games, and the latest browsers and browser plug-ins that enable audio an video on the Internet. The site also features product highlights and descriptions to help users understand the use and benefit of each title. Users wishing to locate specific titles can choose from ``Quick,' ``Simple' or ``Power' search.