POPM NEWS
Monday August 14, 9:04 am Eastern Time
Press Release
PopMail Makes Strategic Investment In NC, Inc.
NC, Inc.'s Calendaring ASP to Feature PopMail as Email Provider
ARLINGTON, Va. & IRVING, Texas--(BUSINESS WIRE)--Aug. 14, 2000--NC, Inc., the premier provider of local content and web-based calendaring tools, announces today that it has received a strategic investment of $1 million from PopMail.com, Inc. (www.popmail.com), a leading permission- and affinity-based email services company.
NC, Inc., formerly known as NetCalendar, Inc., plans to use the investment to increase its advertising and marketing efforts and expand its local events content service, Your Local Buzz(TM), and its wireless content service, MobileBuzz.
With the investment, PopMail will hold a minority stake in NC, Inc. Terms of the investment were not released; however, the agreement paves the way for future investments in NC, Inc. by PopMail.
In addition to investing in NC, Inc., PopMail.com, Inc. (NASDAQ: POPM - news) has agreed to be the email service provider for NC, Inc.'s Calendaring ASP product, DailyDrill.com(TM). Under the deal, the PopMail(TM) ``affinity-based'' email service will be included in future licensed private label and co-brand calendars. NC, Inc.'s Calendaring ASP, and its local event content service Your Local Buzz, will provide scheduling tools and events data for use with both the PopMail Internet service and Wireless Application Protocol (WAP). This will enable PopMail to transmit NC, Inc.'s content via the World Wide Web and wireless telephones and PDAs such as Palm® and Windows CE®-driven handheld products.
``Before committing to this investment, we looked at other providers and felt that NC, Inc. had the best services to offer. We believe that NC, Inc.'s online calendar service, DailyDrill.com, and content service, Your Local Buzz, will enhance the services we currently provide our existing clients, said Gary Schneider, CEO of PopMail.com, Inc., and that this relationship will give us the opportunity to expand our sports coverage to the collegiate level.''
``I believe that PopMail's significant investment in our company is a ringing endorsement for our business model and our capabilities,'' said Edward L. Neumann, chief executive officer of NC, Inc., parent of Your Local Buzz and DailyDrill.com, the Calendaring ASP prototype. ``These additional resources will enable us to further expand our product offerings and increase our marketing and advertising presence. No doubt these activities will aid us in efforts to continue to grow market share for NC, Inc.'s Your Local Buzz and calendar products.
About NC, Inc., Your Local Buzz, MobileBuzz and DailyDrill.com
Headquartered in Arlington, Virginia, NC, Inc. is a private company that produces a Business-to-Business local events product called Your Local Buzz(TM) (www.YourLocalBuzz.com). The events product provides a turnkey, sticky content solution for Top 1000 web sites, niche portal sites, wireless services and email marketers. Your Local Buzz is unsurpassed in its worldwide events coverage and its content delivery technology.
NC, Inc. recently introduced its wireless application, MobileBuzz which allows web sites, content providers and portals the ability to offer their users wireless access to local events via virtually any wireless phone or device using standard industry protocols such as WAP.
NC, Inc. licenses its ASP calendar product to web companies, and currently has launched 40 co-branded versions of its prototype calendar, The Daily Drill(TM) (www.DailyDrill.com). The ASP calendar product allows individuals to track everything from meetings and errands to local events. The calendar's patent-pending technology features customizable functions, group calendaring and content preferences, plus synching with personal information managers such as Palm Pilots®.
Events Service and Co-Branded Calendar
Web sites, wireless services and portals interested in providing the premium Your Local Buzz or wireless MobileBuzz events service to their users should contact: sales@yourlocalbuzz.com. Web sites and portals interested in providing their users the valuable tools offered by the Calendaring ASP product should contact: cobrand@thedrill.com.
About PopMail.com, Inc.
PopMail.com, Inc. is a permission marketing and affinity-based e-mail marketing company headquartered in Irving, TX. Through its three wholly-owned subsidiaries: Fan Asylum in San Francisco, Iz.com in Seattle, and PopMail Network in Irving, it serves the needs of individual businesses in a one-on-one relationship with its customers. The Company targets four main vertical markets for its network services, including broadcast, media, sports and entertainment. Clients include the 1999 Stanley Cup Champion Dallas Stars, the NBA Champion San Antonio Spurs, Disney, NBC and others. Combining these e-mail solutions allows companies to cut through the clutter and inefficiencies of traditional marketing and begin promoting and effectively branding the topics and items of interest to their viewers, listeners, fans and customers.
The Private Securities Litigation Reform Act of 1995 provides a ``safe-harbor'' for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking, such as statements relating to plans for future expansion. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to, completion of definitive purchase agreements, ability to obtain needed capital, ability to attract and retain key or other personnel, those relating to development activities, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission. |
