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Technology Stocks : Korea Thrunet Co Ltd - (KOREA) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (246)	1/21/2000 1:40:00 PM
From: R. Bond	Read Replies (1) \| Respond to of 406

(COMTEX) B: KOREA THRUNET REPORTS NO AGREEMENT ON A DOMAIN NAME PURCHASE SEOUL, South Korea, Jan 21, 2000 /PRNewswire via COMTEX/ -- Korea Thrunet Co., Ltd. (Nasdaq: KOREA) today reported that the Company has not reached any decision in purchasing a domain name. In response to local Korean media report of the Company's activity, the Company stated that it is considering all options for the best marketing strategy and has not reached any agreement to be announced at this point. About the Company Korea Thrunet Co., Ltd. is the leading provider of high-speed Internet services in Korea, with 112,995 end users as of November 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 150 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, Seocho-2 dong, Seocho-ku, Seoul, Korea 137-072. SOURCE Korea Thrunet Co., Ltd. (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Thomas Sung of Korea Thrunet Co., Ltd., +822-3488-8059, or fax, +822-3488-8700, or thomas@corp.thrunet.com; or Mami Ogawa of Thomson Financial Investor Relations, 212-701-1824, or fax, 212-344-5929, or mami.ogawa@thomsonir.com, for Korea Thrunet Co., Ltd. (KOREA) GEOGRAPHY: South Korea INDUSTRY CODE: CPR MLM * end of story *