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Non-Tech : GNET invests in NDB. A good fit? -- Ignore unavailable to you. Want to Upgrade?

To: levy who wrote (42)	2/22/2000 11:28:00 AM
From: Sarkie	Read Replies (1) \| Respond to of 151

National Discount Brokers Enters Into Relationship With Yahoo!; Agreement Places NDB.com Button on Yahoo! Finance NEW YORK, Feb 22, 2000 /PRNewswire via COMTEX/ -- National Discount Brokers Corporation/ndb.com, a leading Internet brokerage and financial services company and subsidiary of National Discount Brokers Group, Inc. (NYSE: NDB), today announced the Company has entered into a relationship with Yahoo! Inc. (Nasdaq: YHOO), a leading global Internet communications, commerce and media company. The agreement provides for the placement of an NDB.com trading button on Yahoo!(R) Finance (http://finance.yahoo.com), the Web's leading online finance site, allowing users to have simplified access to NDB.com's online trading site. NDB.com banner advertisements will also run on Yahoo!. "The Yahoo! brand is synonymous with the Internet revolution, and Yahoo! Finance is one of the premier destinations for online investors," said Chris McQuilkin, president and CEO of National Discount Brokers Corporation/ndb.com. "NDB is a pioneer in the online brokerage arena, and we are very happy to team with a company that shares our commitment to innovation and strong customer service. We look forward to providing the millions of Yahoo! users convenient access to the vast array of investment products and services available at our award-winning Web site, ndb.com." "Convenient access to features such as third-party online trading sites is value-added service our users want and need," said Tim Brady, senior vice president of consumer products and services, Yahoo!. "By fulfilling our users' needs, we are also providing a strong distribution medium for providers, such as online trading companies, looking to reach a broad audience of self-qualified individuals." Headquartered in Jersey City, New Jersey, National Discount Brokers Group, Inc., an S&P Small Cap 600 Index company, is the parent company of two financial services entities: National Discount Brokers Corporation/ndb.com and Sherwood Securities. National Discount Brokers at November 30, 1999 had 178,400 customer accounts, with assets of $8.9 billion. It recently announced that during the first week of February 2000 NDB.com had reached 200,000 customer accounts. Sherwood Securities' main operations are as a market maker in approximately 4,500 Nasdaq and other OTC securities as of November 30, 1999. The Company has offices in Jersey City, New York, Los Angeles, Chicago, San Francisco, Denver and Boston. Customers can access National Discount Brokers Corporation/ndb.com at ndb.com, via the PowerBroker automated touch-tone telephone system 800-631-8884 or by calling 800-4-1-PRICE. SOURCE National Discount Brokers Corporation/ndb.com (C) 2000 PR Newswire. All rights reserved.