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To: Solid who wrote (20345)	3/29/2000 7:42:00 AM
From: Rob C.	Respond to of 29970

Cha ching! Today 50! biz.yahoo.com Statement of Tom Jermoluk, Chairman of Excite@Home, on Cable Distribution Agreement Extensions and Wholesale Opportunities REDWOOD CITY, Calif., March 29 /PRNewswire/ -- The following is being issued by Excite@Home (Nasdaq: ATHM - news): Today we announced the extension of our distribution agreements with our principal cable partners, AT&T, Comcast Corporation, and Cox Communications, as well as a reorganization of the governance of the Company. We are delighted that our cable partners are committed to a long-term relationship that will provide consumers with a great broadband experience at an affordable price. Our leadership position in broadband enables us and our cable partners to better pursue a wholesale business for third-party Internet Service Providers in addition to our existing business model that will make the cable platform even more competitive with other emerging platforms and attract more consumers. Specifically, the agreements we announced today will help us facilitate the kind of relationship contemplated in the December 6, 1999 letter between AT&T and Mindspring or such other arrangements as our other cable partners may wish to enter into. We believe that as we move into the next phase of leading the broadband revolution, we have the necessary assets to be the leaders in delivering broadband to consumers with our cable partners and wholesale services to third-party Internet Service Providers. These assets include: -- The only network optimized for delivering broadband to consumers -- The most experienced and deepest engineering team for managing the many complexities of broadband delivery; -- The only portal, excite.com, whose content is optimized for broadband; -- New ways of assuring the fastest installation of broadband of any broadband service provider; and -- An existing infrastructure that has more broadband customers and experience and the largest broadband footprint of any other broadband infrastructure. We look forward to making these assets available with our cable partners, on fair commercial terms, to third party Internet Service Providers. While we face technical challenges in this effort, we are confident that we will be able to meet them