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To: Kevin Clarke who wrote (185)3/18/1999 8:42:00 AM
From: Currency  Read Replies (1) | Respond to of 403
 
NGWY - MOnster news just out. Get ready for the wild ride.

Netgateway to Provide Electronic Commerce Service For XOOM.com Home Page
Builders


Business/Technology Editors

LONG BEACH, Calif.--(BUSINESS WIRE)--March 18, 1999--Netgateway
Inc. (OTC BB:NGWY), a full-service electronic commerce ("eCommerce")
provider, today announced that it has entered into an agreement with
XOOM.com (Nasdaq:XMCM). Netgateway will be the exclusive provider of
the back-end solution for a new eCommerce service that XOOM.com plans
to launch for home page builders in the second quarter of this year.
Netgateway, through its StoresOnline.com subsidiary, will develop
and manage a service that will allow XOOM.com home page builders to
sell their own products and services directly from their personal Web
pages. To date, XOOM.com has attracted more than 6.6 million members,
and according to Media Metrix, was the 11th most visited site on the
entire Web in January.
"XOOM.com is recognized as a leader in direct eCommerce," stated
Keith Freadhoff, CEO of Netgateway. "XOOM.com's selection of
Netgateway further validates our company as a leading provider of
quality eCommerce services. We are enthusiastic about this agreement
and look forward to working with XOOM.com to successfully launch the
service in Q2."

About Netgateway

Netgateway (www.netgateway.net) is a full-service electronic
commerce ("eCommerce") provider, delivering fully integrated eCommerce
solutions designed to enable companies of any size to extend their
business to the Internet. In a market where the path to eCommerce
generally requires a large up-front investment, a lengthy development
cycle, and recurring maintenance and update costs, Netgateway offers
an entirely different solution and approach. Netgateway's customers do
not invest in hardware, software and staffing, but rather plug into
the existing Netgateway infrastructure, which Netgateway believes is
the quickest, most direct way for any business to move into the
Internet.

Statements made in this news release that relate to future plans,
financial results, market growth, projected market patterns, or other
projections, events or anticipated performance are forward-looking
statements with the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities and Exchange Act
of 1934, as amended. Actual results may differ materially due to a
variety of factors, including potential competition from competitors
with more resources than Netgateway. Information about certain of
those factors is contained in the Company's most recently filed Form
15c2-11. Copies of the most recent Form 15c2-11 report are available
from Netgateway's Investor Relations department and may be obtained by
calling or writing.

--30--sdg/ny*

CONTACT: Netgateway, Inc.
Chris Hayes
562/308-0010, ext. 130
email: chayes@netgateway.net
or
Anreder Hirschhorn Silver and Company
Steven S. Anreder
212/532-3232
e-mail: sanreder@ahsandco.com