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Technology Stocks : juno.com (JWEB)----IPO

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To: rdmsqito who wrote (206)7/12/1999 10:18:00 AM
From: rdmsqito  Read Replies (1) of 510
 
Juno and Splitrock Sign Agreement to Expand Access to Web; Juno
Will <JWEB.O>

Juno and Splitrock Sign Agreement to Expand Access to Web; Juno Will Add Hundreds of New Access Numbers for Its Members NEW YORK--(BUSINESS WIRE)--July 12, 1999--Juno Online Services, Inc. (NASDAQ: JWEB) announced today that it has signed a three-year agreement with Splitrock Services, Inc., a leading network provider, to make additional local Internet access numbers available for connection to its online services. This agreement will benefit Juno users in multiple ways. First, more users will be able to get online for the cost of a local phone call. The addition of Splitrock's network will provide access numbers in many new cities across the United States. The increase in Internet access numbers will also help ensure that Juno's users continue to have fast connection times. "Our agreement with Splitrock will increase ease of access and will help us continue to provide a high-quality service to our subscribers," said Wendy Rosenberg, vice president of telecommunications at Juno. "By expanding our network of local access numbers, our goal is to ensure that our members have the quick and affordable access to the Internet they expect from Juno." "We are pleased to provide Juno the additional access they need to expand service to their customers," said Bill Wilson, president and CEO of Splitrock Services. "Our access platform expands their reach today and has the capacity to grow with their customer base in the future. We look forward to delivering first-rate service to Juno's customers." About Splitrock Services Headquartered near Houston, Texas, Splitrock Services is building the first ATM-to-the-Edge(TM) network placing an ATM switch in every point of presence (POP ). Splitrock is completing a network that will have approximately 370 ATM-based POPs targeting 90% of US businesses and households through a local call. This ubiquitous nationwide coverage combined with an ATM switching fabric designed to carry data, video, and voice on one platform allows for the execution of a "carry anything, anywhere" business strategy. Because of the unified nature of the network platform, Splitrock offers the same level and quality of service in markets like Cheyenne, WY and Billings, MT as it does in Chicago, Boston, and other major markets. Splitrock's products and services include dial and dedicated Internet access, dial and edicated VPN, frame relay, and ATM to corporate end users, ISPs, and other telecommunications carriers. For more information, visit the company's Web site at www.splitrock.net (http://www.splitrock.net). About Juno Online Services, Inc. Juno Online Services, Inc. is a provider of Internet-related services to millions of computer users throughout the United States. The company offers several levels of service, ranging from basic dial-up Internet e-mail -- which is provided to the end user for free -- to full, competitively priced access to the World Wide Web. Since the launch of Juno's basic e-mail service in April 1996, more than 7 million total Juno accounts have been created. Juno's revenues are derived primarily from the subscription fees charged for certain billable services, from the sale of advertising, and from the direct sale of products to Juno subscribers. This press release may be deemed to contain forward-looking information. Any forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including without limitation any statements as to future events or future financial results of Juno or Splitrock, may be significantly and materially impacted by risks and uncertainties. In evaluating such statements, readers should specifically consider various factors that could cause actual events or results to differ materially from those indicated, including without limitation factors described in Juno's or Splitrock's reports and documents filed from time to time with the Securities and Exchange Commission. --30--tia/ny* CONTACT: Edelman PR Worldwide Anna Svaldi, 212/704-8288 E-mail: prsupport.juno.com or Juno Online Services,Inc. Becky Yeamans, 212/597-9005 E-mail: yeamansstaff.juno.com or Splitrock Services,Inc. Carol Singh, 281/465-1249 E-mail: csinghsplitrock.net Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire
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