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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?

To: STEAMROLLER who wrote (446)	8/24/1998 9:03:00 AM
From: STEAMROLLER	Respond to of 1561

Broadcast.Com and National Media Sign Agreement to Broadcast The First 24-Hour Video Shopping Channels Via the Internet PR Newswire - August 24, 1998 08:13 National Media Becomes Exclusive Provider of Direct-Response Television And Radio Programming on the Broadcast.Com Site DALLAS and LOS ANGELES, Aug. 24 /PRNewswire/ -- Broadcast.com (Nasdaq: BCST), the leading aggregator and broadcaster of streaming media programming on the Web, and National Media Corporation (NYSE: NM), the world's largest publicly held direct response television company, today announced an exclusive agreement in which broadcast.com will provide complete Internet broadcasting services for National Media Corporation's direct response programming. The alliance will create the first 24-hour per day live and on-demand streaming video shopping channels on the Internet. National Media's direct response television will be available in a variety of programming formats: -- Live shopping programming digitally streamed over five video channels, 24 hours per day, seven days per week; -- "Live on Tape" programming digitally streamed over five themed video channels (e.g., health & fitness, beauty & cosmetics, housewares; automotive, motivational), 24 hours per day, seven days per week; and -- "On-Demand" audio and video programming enabling consumers to call up their chosen products or programs. Additionally, broadcast.com and National Media will cross-promote each other via their existing media. The broadcast.com web site currently receives over 460,000 daily average unique visitors; National Media currently spends in excess of $100 million annually on television advertising. "This alliance will establish the first step in creating our new platform, transitioning from a television-only direct-response company to a leading electronic commerce company, which is vertically-integrated and leveraged by television, radio, and the Internet. Our exclusive agreement with broadcast.com will act as a catalyst for the future of electronic commerce as television and computers are rapidly converging into a single box", said Stephen C. Lehman, Acting Chief Executive Officer of National Media Corporation. "We expect to access millions of new shoppers on-line who can watch our programming on their computers as a result of this alliance." "We are very excited to partner with National Media to create the next generation of on-line shopping and membership services. Broadcast.com's ability to reach the largest streaming media audience on the Internet, our implementation of broadband video, and future personalization services will create a compelling alternative to traditional media," said Mark Cuban, president of broadcast.com. Broadcast.com will deliver National Media's video programming at transmission rates ranging from a standard 28.8Kbps to 56.6Kbps, 100Kbps and 300Kbps, giving users with varying speeds of Internet access the ability to experience the highest quality streaming video programming possible. Users will be able to access National Media's programming via a "Shopping Channel" link from the broadcast.com home page. The programming should be available to consumers for viewing within 90 days. National Media Corporation (NYSE: NM) is the world's largest publicly held direct response television company and is an innovative leader in the growing world of electronic commerce. The Los Angeles-based company broadcasts more than 3,000 half-hours of programming each week, reaches 90 percent of television homes in the United States, and brings its programming to more than 370 million television households in more than 70 countries worldwide. Broadcast.com (Nasdaq: BCST) is the leading aggregator and broadcaster of streaming media programming on the Web with the network infrastructure and expertise to deliver or "stream" hundreds of live and on-demand audio and video programs over the Internet or intranets to hundreds of thousands of users. The broadcast.com Web sites offer a large and comprehensive selection of programming, including sports, talk and music radio, television, business events, full-length CDs, news, commentary and full-length audio books, serving an average of over 460,000 unique users per day. Broadcast.com broadcasts on the Internet 24 hours a day, seven days a week, and its programming includes more than 355 radio stations and networks, 21 television stations and cable networks, and game broadcasts and other programming for over 400 college and professional sports teams. Broadcast.com also provides Internet and intranet broadcasting services to businesses and other organizations, including turnkey production of live and archived press conferences, earnings conference calls, investor conferences, trade shows, stockholder meetings, product introductions, training sessions, distance learning telecourses and media events. For more information on broadcast.com and its live and on-demand programming, visit broadcast.com. Broadcast.com is a trademark of broadcast.com inc. National Media is a trademark of National Media Corporation. This news release contains statements relating to future results, which are forward-looking statements regarding future events and the future financial performance of broadcast.com inc. and National Media Corporation. Actual results may differ materially from those projected as a result of certain risks and uncertainties detailed in the Companies' periodic reports filed with the Securities and Exchange Commission.

To: STEAMROLLER who wrote (446)	8/24/1998 9:05:00 AM
From: STEAMROLLER	Respond to of 1561

DoubleClick Acquires Quebec's Soussy Network; Expands French Speaking Audience and Grows DoubleClick Canada Network PR Newswire - August 24, 1998 08:15 TORONTO, Aug. 24 /PRNewswire/ -- DoubleClick Canada a subsidiary of DoubleClick Inc. (Nasdaq: DCLK), a leading provider of comprehensive global Internet advertising solutions, today announced that it is acquiring the major assets of Soussy, a Quebec-based network of French Web sites. Effective immediately, Netgraphe, publisher of six of the Web sites on the Soussy Network, will transition to the DoubleClick Canada Network. In addition, the DoubleClick Canada office in Montreal will be operated by the former Soussy sales team, along with other sales staff to be named at a later date. Kevin O'Connor, Chairman and Chief Executive Officer of DoubleClick says, "Advertisers want a single-stop solution to reach the international audience. The acquisition of the Soussy network significantly strengthens DoubleClick's position in Canada and extends our reach to French-speaking Web audiences worldwide." The Soussy Network is comprised of leading Quebec-based French sites, including La Toile du Quebec (http://www.toile.qc.ca), the largest directory in Quebec, Economedia (http://www.economedia.com), a business news site, and Multimedium (http://www.mmedium) a technology-focused site. The six Netgraphe sites will become part of the DoubleClick Canada Network. DoubleClick is currently in the process of transitioning the other Web publishers from the Soussy Network to the DoubleClick Canada Network. The DoubleClick Canada Network, which was launched in the fall of 1997, includes leading Canadian sites such as AltaVista Canada (http://www.altavista.ca), Shift.com (http://www.shift.com), TSNSCOUT (http://www.tsnscout.com), and Big Charts (http://www.canada.bigcharts.com). "With an estimated 1.5 million French speaking Internet users in Quebec, we are committed to providing a total Canadian Web advertising solution," says Wendy Muller, General Manager of DoubleClick Canada. "These new French sites enhance the size and selection of the DoubleClick Canada Network and allow our advertisers to broaden their reach to include an even greater Canadian audience." "DoubleClick has proven its success operating in the global marketplace," said Marc Copti, General Manager of Soussy. "We recognize the value DoubleClick provides advertisers and publishers and why national and multinational clients turn to DoubleClick to reach their target audience. We're confident our French sites and publishers will benefit from DoubleClick's state-of-the-art technology and its relationship with advertisers worldwide." About DoubleClick Inc. DoubleClick, Inc. (http://www.doubleclick.net) is a leading provider of comprehensive global Internet advertising solutions for marketers and Web publishers. Combining technology and media expertise, DoubleClick centralizes planning, execution, control, tracking and reporting for online media campaigns. DoubleClick globally serves an average of 81 million ads per day reaching more than 40 million Web users worldwide. DoubleClick, Inc. has headquarters in New York City and maintains offices in Paris, Hamburg, London, Tokyo, Madrid, Milan, Oslo, Sydney, Stockholm, Toronto, Atlanta, Boston, Chicago, Dallas, Los Angeles, and Silicon Valley, and currently intends to expand into additional European countries and the Pacific Rim. About Netgraphe Netgraphe inc. is the editor of La Toile du Quebec, Quebec province's Web Index; Memento, news oriented e-zine; Multimedium, daily e-zine about information technologies; Megagiciel, index and e-zine about softwares and games; and Economedia, economics and finance daily e-zine. Netgraphe's sites are among the most popular and most visited web sites in the province of Quebec. Launched in May 1995, La Toile du Quebec is the premier and most important Internet resources index in the province. This news release contains statements of a forward-looking nature relating to the future events or the future financial results of DoubleClick. Investors are cautioned that such statements are only predictions and that actual events or results may differ materially. In evaluating such statements, investors should specifically consider the various factors which could cause actual events or results to differ materially from those indicated from such forward-looking statements, including the matters set forth in DoubleClick's reports and documents filed from time to time with the Securities and Exchange Commission. DoubleClick launches another web marketing solution, DoubleClick Local(TM), enabling advertisers to reach their local customers on a Network of high quality Sites.

To: STEAMROLLER who wrote (446)	8/24/1998 9:06:00 AM
From: STEAMROLLER	Respond to of 1561

Audio Book Club, Inc. Announces Online Marketing and Sponsorship Agreement With GeoCities Business Wire - August 24, 1998 08:38 BOCA RATON, Fla.--(BUSINESS WIRE)--Aug. 24, 1998-- Audio Book Club Remains Focused On Growth Via The Net Audio Book Club, Inc. (AMEX: KLB), today announced it has signed an innovative online marketing and sponsorship agreement with GeoCities (Nasdaq: GCTY), the largest and one of the fastest growing communities of personal Web sites on the Internet. Under the terms of the agreement, Audio Book Club will be the audiobook club seller on GeoCities and will manage several unique promotions throughout the GeoCities community. Audio Book Club will be prominently featured in GeoCities' Athens neighborhood, which focuses on literature, writing, education and philosophy. GeoCities will maintain a co-branded Audio Book Club area within the Athens neighborhood and will market the availability of Audio Book Club's products to members who request the information. As part of the agreement, Audio Book Club will also provide a special housewarming gift to all new homesteaders who join the GeoCities community. "GeoCities is a vibrant and growing community of Internet users, one which we feel is a powerful audience for Audio Book Club to be allied with," said Norton Herrick, Chairman and CEO of Audio Book Club, Inc. "We are confident that growth in our membership and revenues will be positively impacted by the agreement with GeoCities as we continue to seek similar opportunities on the Net." The GeoCities site (www.geocities.com) attracted more than 14.8 million unique visitors, and generated more than 925 million page views, according to Relevant Knowledge in June 1998 and Nielsen I/PRO in May 1998, respectively. GeoCities was the third most trafficked site on the Internet among home users in June 1998, according to Media Matrix. Audio Book Club, Inc. is a direct marketer of audiobooks through membership clubs which market and sell audiobooks via the Internet at www.audiobookclub.com and www.BooksAloud.com, and by mail order. Since commencing operations in January 1994, the Company has engaged in an aggressive membership recruitment program to establish a core Audio Book Club member base of over 350,000 members and to continually expand its member base. This release is covered under the "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain information included in this release that are not historical facts are forward looking statements that involve a number of known and unknown risks and uncertainties, including but not limited to, the Company's ability to successfully implement a strategy of continued growth and other risks detailed in the Company's registration Statement on Form SB-2 and other Securities and Exchange Commission filings. The Company's actual results, performance or achievements may differ materially from any future results performance or achievements expressed or implied in any forward looking statement.

To: STEAMROLLER who wrote (446)	8/24/1998 9:30:00 AM
From: STEAMROLLER	Read Replies (3) \| Respond to of 1561

PSINet Acquires Fiber Capacity On Transpacific Cable System Business Wire - August 24, 1998 09:21 HERNDON, Va.--(BUSINESS WIRE)--Aug. 24, 1998-- World's Largest Independent Commercial ISP Acquires Links Between Mainland U.S. and Japan PSINet Inc. (NASDAQ: PSIX), the first and largest independent commercial Internet service provider (ISP), today announced that it has acquired capacity equivalent to six DS-3s on the North Pacific Cable (NPC) undersea fiber-optic system that connects the continental United States with the Asia/Pacific region. A DS-3 is a standard bandwidth value representing data transmission speeds up to 45 megabits per second (Mbps). The NPC system, operational since 1991, is the shortest and the first direct digital fiber-optic link between the United States and Japan. Three of PSINet's DS-3s, linking the U.S. to Japan, are available immediately. The remaining three DS-3s will be available for use when required by PSINet. PSINet has now linked its new transpacific capacity with recently activated transcontinental U.S. and transatlantic (U.S. to U.K.) fiber. As a result, PSINet has become the first ISP to own and operate a continuous high-speed data network linking the United States to the Asia/Pacific region and Europe. The new transpacific capacity has been interconnected with PSINet's existing U.S. infrastructure at PSINet's Portland, Ore. point of presence (PoP) and with PSINet's Japan network at its Tokyo PoP. "Growth in PSINet's Japanese operations, plus traffic to come from other expansion in the Asia/Pacific region is greatly facilitated by a gateway to the Pacific. This purchase assures our ability to capitalize on those opportunities and complements our recent fiber and business acquisitions in Asia, North America and Europe, accelerating our strategy to become the premier data communications carrier for the 21st century," said William L. Schrader, PSINet's chairman, president and chief executive officer. PSINet acquired this new transpacific capacity through agreements with Pacific Telecom Cable Inc. in the United States and International Digital Communications Inc. (IDC) in Japan. PSINet holds the capacity through a combination of indefeasible rights of use (IRUs) and long-term leases. The IRUs give PSINet the right to use the fiber for the remaining service life of the NPC system, which is approximately 18 years. Fiber purchases are critical steps in PSINet's strategy to own its bandwidth and PoP switching facilities throughout the globe. This purchase is one of several recent strategic fiber acquisitions including: 10,000 equivalent route miles of OC-48 capacity across the U.S.; transatlantic fiber capacity from the U.S. to the U.K. and mainland Europe; 18 dark fiber strands linking New York/Washington and major metropolitan areas in between; and the Japan/U.S. Cable Network investment. These agreements allow PSINet to replace more expensive leased circuits thereby increasing performance, reliability and cost-effectiveness for demanding multimedia Internet services required by PSINet's business customers. Headquartered in Herndon, Va., PSINet is global facilities-based Internet Protocol (IP) data communications carrier focused on the business marketplace. As the first and largest independent commercial Internet service provider in the world, PSINet offers a broad set of high-speed corporate LAN connectivity services supporting managed security and guaranteed Internet, intranet, electronic commerce, Web hosting services, and services for other carriers and ISPs. PSINet operates an international state-of-the-art frame relay-based, IP-optimized network connecting over 400 points of presence extending to 12 countries. PSINet has subsidiaries in Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, Korea, the Netherlands, Switzerland, the United States, and the United Kingdom. General PSINet information can be obtained by e-mail at info@psi.com, or by accessing the Web site at psinet.com.