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

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To: rdmsqito who wrote (209)7/22/1999 11:05:00 AM
From: rdmsqito  Read Replies (1) of 510
 
Juno Rolls Out Strategic Marketing Alliance With WingspanBank.com NEW YORK--(BUSINESS WIRE)--July 20, 1999-- Bank One's new Internet-only bank to market credit cards and banking services to millions of Juno(R) subscribers Juno Online Services, Inc. (NASDAQ: JWEB) and WingspanBank.com today jointly announced the rollout of a five-year strategic marketing alliance. This alliance could generate multimillion dollars of revenue for Juno if certain performance thresholds are met and the alliance runs to term. The alliance, originally entered into with First USA, gives WingspanBank.com certain exclusive rights to market credit cards and a selected set of banking-related services to Juno's millions of subscribers. The WingspanBank.com campaign, which began appearing over Juno in May, includes a coordinated campaign of interactive advertisements targeted to specific segments of Juno's subscriber base. Subscribers receive offers for a variety of WingspanBank.com products, including credit cards and certain consumer banking services ranging from checking accounts and CDs to consumer loans and financial planning tools. Subscribers can complete and submit applications for these products and services over Juno's secure proprietary network. "By working with WingspanBank.com, we can provide our subscribers not only with a wide range of top-quality financial services, but also with a level of convenience they can only get through the Internet," said Jordan Birnbaum, Juno's senior vice president of business development. "As more and more people bring their financial lives online, Internet and financial companies represent valuable business allies. We are excited to be working with WingspanBank.com." About WingspanBank.com WingspanBank.com (www.wingspanbank.com) is a subsidiary of Bank One Corporation (NYSE: ONE). WingspanBank.com is the new powerhouse in personal finance, offering consumers unparalleled freedom and choice in managing their money. WingspanBank.com provides consumers with a wide range of financial products and services brought together at one Web site, including traditional banking, investment and planning services, and objective search tools. 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, 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 reports and documents filed from time to time with the Securities and Exchange Commission. --30--jc/ny* CONTACT: Edelman PR Worldwide Juno Online Services, Inc. Anna Svaldi Becky Yeamans (212) 704-8288 (212) 597-9005 prsupport.juno.com yeamansstaff.juno.com WingspanBank.com Jeff Unkle (302)594-8233 jeffunklewingspanbank.com 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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