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MYWAY.COM AND PHONE.COM TEAM TO PROVIDE A COMPREHENSIVE PORTAL
SOLUTION
MyWay.com and Phone.com Agree to Integrate Content and Applications to
Provide Wireless Network Operators with a Comprehensive, Personalized
Portal Framework and Suite of Communications Services
ANDOVER, Mass. and REDWOOD CITY, Calif., (April 11, 2000) ¾ MyWay.com,
a leading developer and distributor of wired and wireless portal
solutions and a majority-owned operating company of CMGI, Inc.
(Nasdaq: CMGI), and Phone.com, Inc. (Nasdaq: PHCM), a leading provider
of mobile Internet software and services, announced today a strategic
alliance to provide wireless network operators with a customized
portal service offering. This alliance marks the integration of
MyWay.com's broad suite of personalized Internet content with the
Phone.com(TM) MyPhone(TM) portal framework and suite of communication
services, which is expected to provide wireless network operators
extensive cross-service integration and personalization, ensuring
easy-to-use wireless access.
Phone.com's MyPhone provides wireless-ready communications
applications, tools and interfaces that make a comprehensive wireless
service consistent and easy to use. MyWay.com provides a highly
personalized web portal with a wide variety of Internet content which
is accessible from multiple devices. As part of the non-exclusive
agreement, the MyWay.com offering will be integrated with
MyPhone-allowing wireless network operators to rapidly come to market
with a comprehensive high quality wireless portal offering.
"The ability to personalize the Internet experience is essential for
wireless users who expect convenient and fast access to relevant
information and services," said Mark Cullinane, Vice President of
Global Internet Partnerships for MyWay.com. "With MyWay.com and
Phone.com's comprehensive and integrated solution, we can now offer
customers a more complete and compelling personalized user
experience."
"As a principal supplier of wireless services for network operators,
Phone.com is pleased to offer the flexibility to integrate the MyPhone
suite of communication services with MyWay.com's robust content into a
comprehensive wireless offering for subscribers," said Ben Linder,
Vice President of Marketing for Phone.com. "This alliance leverages
technologies from both companies and enables users to customize the
site specifically for wireless access-providing users with the
information they want and need."
MyWay.com aggregates content and applications from more than 65
leading information partners including AccuWeather, Reuters,
TheStreet.com, and ZDNet, making it one of the most content-rich sites
on the Web. The portal also features best-of-breed applications from
CMGI operating companies and CMGI @Ventures companies, including
AltaVista Search, Engage, Tribal Voice, Vicinity and KOZ.
Phone.com services are broadly used throughout the wireless
industry-with over 50 wireless network operator customers worldwide
and more than 25 handset manufacture licensees, its network
infrastructure software allows wireless network operators the ability
to offer users access the Internet using a wide range of mobile
devices. The integration of applications on top of the underlying
network structure makes Phone.com's offering one of the most complete
and integrated mobile service offerings available today.
About MyWay.com
MyWay.com develops and operates co-branded Internet portals and is a
majority-owned operating company of CMGI, Inc. As the leading
developer and distributor of custom portal services, and a top 100
Media Metrix consolidated site, MyWay.com provides its technology
platform, content and personalization functionality to partners in the
media, communications and consumer services sectors. The MyWay.com
technology platform is highly customizable, allowing partners and
users to create a compelling online experience via MyWay.com's
"PortalPlus" selection of commerce, content and integration tools. The
MyWay product platforms drive customer retention and increases
revenues and usage for partner sites by seamlessly integrating content
and features targeted to individual users' unique interests. MyWay.com
provides custom portal solutions to more than 1,000 MyWay partners.
About Phone.com
Phone.com, Inc. (Nasdaq: PHCM) is a leading provider of software and
services that enable the delivery of Internet-based information
services to mass-market wireless telephones. Using its software,
wireless subscribers have access to Internet- and corporate
intranet-based services, including email, news, stocks, weather,
travel and sports. In addition, subscribers have access via their
wireless telephones to network operators' intranet-based telephony
services, which may include over-the-air activation, call management,
billing history information, pricing plan subscription and voice
message management. Phone.com is headquartered in Silicon Valley,
California and has regional offices in Belfast, Copenhagen, Hong Kong,
London, Seoul and Tokyo. Visit http://www.phone.com for more
information.
Except for the historical information contained herein, the matters
discussed in this news release are forward-looking statements
involving risks and uncertainties that could cause actual results to
differ materially from those in such forward-looking statements.
Potential risks and uncertainties include, but are not limited to,
Phone.com's limited operating history, potential fluctuations in
Phone.com's operating results, uncertainties related to Phone.com's
long sales cycle and reliance on a small number of customers,
Phone.com's dependence on the acceptance of its products by network
operators and wireless subscribers, Phone.com's ability to adequately
address the rapidly-evolving market for delivery of Internet-based
services through wireless telephones, the need to achieve widespread
integration of Phone.com's browser in wireless telephones, competition
from companies with substantially greater financial, technical,
marketing and distribution resources and the ability of Phone.com to
manage a complex set of engineering, marketing and distribution
relationships. Further information regarding these and other risks are
included in Phone.com's Form 10-Q for quarter ended December 31, 1999,
in its prospectus dated November 16, 1999 and in its other filings
with the Securities and Exchange Commission.
This release contains forward-looking statements which address a
variety of subjects including, for example, the expected benefits
resulting from the agreement between MyWay.com and Phone.com, and the
expected functionality of the combination of technology and products
of MyWay.com and Phone.com. The following important factors and
uncertainties, among others, could cause actual results to differ
materially from those described in these forward-looking statements:
MyWay.com's technology and products may not successfully interoperate
with those of Phone.com; MyWay.com's growth depends upon continued and
increased demand for and market acceptance of its portal platform and
the Internet as a medium; and increased competition and technological
changes in the markets in which MyWay.com competes. For a detailed
discussion of these and other cautionary statements, please refer to
CMGI's filings with the Securities and Exchange Commission, including
CMGI's Annual Report on Form 10-K for the most recently ended fiscal
year.
# # #
MyWay, MyWay.com and the MyWay.com logo are trademarks of MyWay.com.
Phone.com, the Phone.com name and logo, MyPhone and the family of
terms carrying the "UP." prefix are trademarks of Phone.com, Inc. All
Rights Reserved. All other company, brand and product names may be
marks that are the sole property of their respective owners.
For further information:
Contact Phone.com Worldwide Public Relations
MyWay.com
Kendra Boccelli
978-247-3527
[EMAIL PROTECTED]
Sterling Hager, Inc.
Christopher Kenneally
617-926-6665
[EMAIL PROTECTED]
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