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To: LANCE B who wrote (7090)	4/13/1999 10:55:00 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 13776

HCOM news. Jeff << HomeCom Communications, Inc. Acquires Ganymede Corporation CHICAGO--(BUSINESS WIRE)--April 13, 1999--HomeCom Communications, Inc. (NASDAQ SmallCap:HCOM), an Atlanta-based provider of Internet software solutions for the financial industry, is acquiring local Web site developer for financial institutions, Ganymede Corporation. The acquisition will be completed during the month of April. Ganymede adds to HomeCom's capabilities providing e-commerce solutions to the banking, brokerage, and insurance industries. Ganymede management and employees will remain with the combined companies. HomeCom will be aggressively expanding the Chicago office to meet the demands of its clients and prospects. HomeCom currently works with several companies headquartered in Chicago including John Nuveen, CNA and Amoco. Ganymede is the second acquisition for HomeCom this year. "We are truly excited about the acquisition of Ganymede," said Harvey Sax, president and CEO of HomeCom Communications. "We have told our shareholders that we will continue to make acquisitions that increase our revenues and bring additional Internet development capabilities to the Company. The combination of HomeCom and Ganymede will provide more Internet development expertise in the financial services market both strategically and technically. This acquisition gives us a strong position in the Chicago and Midwestern markets." Joe Rickard, president of Ganymede Corporation, looks forward to this business alliance. "The resources HomeCom brings to Ganymede will allow us to provide a much greater level of service to our current clients. The additional sales support will allow the pursuit of a broader client base, which we have historically limited, to Chicago's financial district. Ganymede offers a solid turnkey operation with four years of operating history. This merger will only strengthen our presence in the Chicago market." HomeCom Communications, Inc. specializes in Internet application solutions for the financial services market, providing all of the professional services and technology necessary to develop and integrate an online marketplace. In addition, HomeCom offers several products designed for e-commerce in the financial services industry, which includes Personal Internet Banker(TM)(PIB), Harvey(TM), InsureRate(TM), and its Internet Security Services Division. HomeCom has been cited by experts as being in the top ranks of Web developers and e-Commerce experts from sources such as Ziff Davis, Fortune and many others. Ganymede Corporation was formed in January 1995 by Joe Rickard, John Winans and Richard Chu. The company specializes in designing and developing Web sites for the financial services industry. Clients of Ganymede include the Chicago Mercantile Exchange, ABN AMRO, American Association of Individual Investors (AAII), R.R. Donnelley and Sons, and the Chicago Board of Trade. Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the company's actual results and experience to differ materially from those expressed in these forward-looking statements. CONTACT: HomeCom Communications, Inc. Harvey Sax, 888-HOMECOM, ext. 140 hsax@homecom.com >>