BusinessWire_CurrentMedia

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Copyright 2000 Business Wire, Inc. Business Wire March 6, 2000, Monday DISTRIBUTION: Business Editors & Technology Writers LENGTH: 609 words HEADLINE: NetCommerce, Inc. Completes Acquisition of CurrentMedia LLC. DATELINE: DALLAS, March 6, 2000 BODY: NetCommerce, Inc. (OTCBB:NEET) (www.netcommerceinc.com ) announced today that it has completed the purchase of the assets of CurrrentMedia LLC (www . currentmedia. com). "This acquisition is a key component toward realizing our company's plan to expand into several new metropolitan markets this year. In the process building over 3,000 Web sites for businesses here in the Dallas area, we have gained a tremendous amount of knowledge. We are now thoroughly prepared to duplicate, and I believe improve upon, the success our company has experienced in Dallas by expanding into new cities," said Mark Lindberg, CEO of MetroplexWeb. Beginning in March, MetroplexWeb, a wholly owned subsidiary of NetCommerce, Inc. and the Web design marketing entity (www.metroplexweb.com ), will target the 59,000 businesses located in the greater Salt Lake City area with a concentrated, database managed sales campaign. CurrentMedia will integrate into MetroplexWeb's Salt Lake City expansion by providing an office facility, a sales team, Web content developers, Web site hosting capability and network consulting expertise. CurrentMedia specializes in Windows NT and the BackOffice applications: Internet Information Server, Exchange Server, Site Server, Proxy Server and SQL Server. The company's installations have included The Park Record Newspaper, Frontier Bank FSB of Park City and First Western Mortgage Services. CurrentMedia manages all network operations for these clients ranging from Web services, group messaging, Internet connectivity, UNIX host to PC connectivity and network security. CurrentMedia maintains 4 NT servers providing Web, email and database connectivity to customers on 2 T-1 lines. CurrentMedia recently developed ParkCityOnline, a community Web site for the Park Record Newspaper. This Web site featured online access to news stories, an SQL database restaurant guide to over 100 restaurants, a database directory of hundreds real estate agents and offices, online voting and polling of community issues, online subscription services and more. "We believe this acquisition makes sense for NetCommerce because CurrentMedia can accelerate MetroplexWeb's entry into the Salt Lake market by giving MetroplexWeb an immediate market presence and an existing client base on which to build. Plus, we already have the technical personnel capable of delivering and supporting sophisticated online applications," says Greg Cannon, founder and CEO of CurrentMedia. Mr. Cannon came to this business with 20 years experience in the photography and advertising industry. For 12 years, he operated a successful photo studio in New York City studio shooting fashion and product advertising for clients including Revlon, Cartier, Sundance, Sotheby's, AT&T and Canada Dry. His catalog work includes Bergdorf Goodman, Mark, Fore & Strike, Boston Proper, Royal Silk and JCPenney. Safe Harbor Forward-Looking Statements Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties,

Transcript of BusinessWire_CurrentMedia

Copyright 2000 Business Wire, Inc. Business Wire March 6, 2000, Monday DISTRIBUTION: Business Editors & Technology Writers LENGTH: 609 words HEADLINE: NetCommerce, Inc. Completes Acquisition of CurrentMedia LLC. DATELINE: DALLAS, March 6, 2000 BODY: NetCommerce, Inc. (OTCBB:NEET) (www.netcommerceinc.com) announced today that it has completed the purchase of the assets of CurrrentMedia LLC (www. currentmedia. com). "This acquisition is a key component toward realizing our company's plan to expand into several new metropolitan markets this year. In the process building over 3,000 Web sites for businesses here in the Dallas area, we have gained a tremendous amount of knowledge. We are now thoroughly prepared to duplicate, and I believe improve upon, the success our company has experienced in Dallas by expanding into new cities," said Mark Lindberg, CEO of MetroplexWeb. Beginning in March, MetroplexWeb, a wholly owned subsidiary of NetCommerce, Inc. and the Web design marketing entity (www.metroplexweb.com), will target the 59,000 businesses located in the greater Salt Lake City area with a concentrated, database managed sales campaign. CurrentMedia will integrate into MetroplexWeb's Salt Lake City expansion by providing an office facility, a sales team, Web content developers, Web site hosting capability and network consulting expertise. CurrentMedia specializes in Windows NT and the BackOffice applications: Internet Information Server, Exchange Server, Site Server, Proxy Server and SQL Server. The company's installations have included The Park Record Newspaper, Frontier Bank FSB of Park City and First Western Mortgage Services. CurrentMedia manages all network operations for these clients ranging from Web services, group messaging, Internet connectivity, UNIX host to PC connectivity and network security. CurrentMedia maintains 4 NT servers providing Web, email and database connectivity to customers on 2 T-1 lines. CurrentMedia recently developed ParkCityOnline, a community Web site for the Park Record Newspaper. This Web site featured online access to news stories, an SQL database restaurant guide to over 100 restaurants, a database directory of hundreds real estate agents and offices, online voting and polling of community issues, online subscription services and more. "We believe this acquisition makes sense for NetCommerce because CurrentMedia can accelerate MetroplexWeb's entry into the Salt Lake market by giving MetroplexWeb an immediate market presence and an existing client base on which to build. Plus, we already have the technical personnel capable of delivering and supporting sophisticated online applications," says Greg Cannon, founder and CEO of CurrentMedia. Mr. Cannon came to this business with 20 years experience in the photography and advertising industry. For 12 years, he operated a successful photo studio in New York City studio shooting fashion and product advertising for clients including Revlon, Cartier, Sundance, Sotheby's, AT&T and Canada Dry. His catalog work includes Bergdorf Goodman, Mark, Fore & Strike, Boston Proper, Royal Silk and JCPenney. Safe Harbor Forward-Looking Statements Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties,

which may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks. CONTACT: NetCommerce, Inc., Dallas Mark Lindberg, 888/638-7693 [email protected] URL: http://www.businesswire.com LOAD-DATE: March 7, 2000

Copyright 2000 Business Wire, Inc. Business Wire January 24, 2000, Monday DISTRIBUTION: Business Editors LENGTH: 643 words HEADLINE: NetCommerce Inc. Signs Letter of Intent to Acquire CurrentMedia LLC DATELINE: DALLAS, Jan. 24, 2000 BODY: NetCommerce Inc. (OTCBB:NEET) (www.netcommerceinc.com) Monday announced that it has entered into a letter of intent with CurrrentMedia (www. currentmedia. com ) to purchase the assets of CurrentMedia LLC. The company said that the proposed acquisition is part of its plan to open several branch offices to serve various metropolitan markets, including Salt Lake City, St. Louis, Los Angeles and Kansas City. CurrentMedia provides Web content development, hosting and network consulting to businesses in the Park City, Utah area. The proposed acquisition of CurrentMedia will expand the operations of the company's subsidiary, Metroplexweb, and result in the opening of a Metroplexweb office and "city directory" Web site in Salt Lake City, Utah (www.saltlakecityweb.com). CurrentMedia specializes in Windows NT and Back Office application, including Internet Information Server, Exchange Server, Site Server, Proxy Server and SQL Server. CurrentMedia's installation's include The Park Record Newspaper, Frontier Bank FSB of Park City and First Western Mortgage Services. CurrentMedia manages all network operations for these clients, and provides ongoing services ranging from Web services, group messaging, Internet connectivity, UNIX host to PC connectivity and network security. CurrentMedia currently maintains four NT servers providing Web, e-mail and database connectivity to customers on two T-1 lines. CurrentMedia recently developed ParkCityOnline, a community Web site for the Park Record Newspaper. This Web site features online access to news stories, an SQL database restaurant guide to over 100 restaurants, a database directory of hundreds of real estate offices and agents, online voting and polling of community issues, and online subscription services. "This acquisition by NetCommerce of CurrentMedia marks MetroplexWeb's entry into the Salt Lake City market and should give MetroplexWeb an immediate market presence and an existing client base on which to build," said Mark Lindberg, president of Metroplexweb Inc., a wholly owned subsidiary of NetCommerce. "We already have the technical personnel capable of delivering and supporting sophisticated online applications," said Greg Cannon, founder and chief executive officer of CurrentMedia. Cannon has 20 years experience in the advertising industry. For 12 years, he operated a successful photo studio in New York City shooting fashion and product advertising for clients including Revlon, Cartier, Sundance, Sotheby's, AT&T and Canada Dry. His catalog work includes Bergdorf Goodman, Mark, Fore & Strike, Boston Proper, Royal Silk and JCPenney. Cannon will continue to work with NetCommerce in developing its Salt Lake City market, along with other cities. Metroplexweb has been delivering Web site design, hosting and Internet directory services to Dallas area businesses since September of 1996. Metroplexweb currently operates a business listing directory which includes approximately 7,000 Dallas area merchants. Metroplexweb has also designed approximately 3,000 Web sites for businesses listed in its directory.

Safe Harbor for Forward-Looking Statements Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks. CONTACT: NetCommerce Inc. Investor Relations, 949/833-5381, ext. 723 URL: http://www.businesswire.com LOAD-DATE: January 25, 2000