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To: Glenn D. Rudolph who wrote (4455)	5/20/1998 7:41:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Netscape wins license deal with Citibank Reuters Story - May 19, 1998 18:51 %BNK %US %BUS %ENT NSCP CCI V%REUTER P%RTR MOUNTAIN VIEW, Calif., May 19 (Reuters) - Netscape Communication Corp. on Tuesday said it has won a worldwide license agreement from Citibank under which Citibank plans to build an electronic commerce network using Netscape software. Citibank, the banking and financial service subsidiary of Citicorp , has over 93,000 employees in over 100 countries around the world. Internet-based software maker Netscape will license its CommerceXpert line of products and its server software line of products, including Netscape Application Server and Netscape Directory Server, to Citibank. "Citibank is leveraging Netscape software for its electronic commerce applications around the world," said Jim Barksdale, Netscape chief executive officer. Shares of Netscape were up 1-5/16 at 28-9/16 by midday, while Citicorp shares rose 2-11/16 to 156-3/16.