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(WESTPORT, CT - August 31, 1999) - (Nasdaq: INTM), The E-Business and Internet Technology Network, today announced the launch of through an agreement with China's third largest Internet portal - will also launch later this month with Japan-based Communication Online, Inc.

Both sites will feature original local content as well as content from the North American edition of the Network. The sites will be in the Chinese and Japanese languages, respectively.

"This expansion is a significant step in our globalization strategy," said chairman and CEO Alan M. Meckler. "These editions provide Internet news geared specifically for their local markets and access to an extraordinary resource that is relevant to the Internet industry worldwide. We believe that local Chinese and Japanese advertisers and international advertisers will embrace this opportunity."

"We are extremely pleased that Netease was chosen by as the exclusive licensee of U.S. content of for China. While will provide the most updated Internet and IT news from China, the U.S. and other countries, Netease will also provide editorial content related to new developments in the burgeoning Internet market in China for publication on the Network in the United States," stated William Ding, CEO of Netease. "More importantly, this is the first intellectual property content license for Netease."

" is the best-known brand name in the world focused entirely on the Internet. The site offers high quality content which is primed for an emerging Internet market in Japan," said Yusuke Kobayashi of Communication Online, Inc. "We are thrilled to work with in making a leader." provides other international editions:,,,,, and Corporation Corporation, based in Westport, Connecticut, is a leading provider of global real-time news and information resources for Internet industry and Internet technology professionals, Web developers and experienced Internet users. operates a network of 65 Web sites, 45 E-mail newsletters, 55 online discussion forums and 52 moderated E-mail discussion lists with over 1.8 million unique visitors that generate approximately 50 million page views monthly.

Interested advertisers should contact the Ad Sales department at [email protected] or (203) 341-2962. For e-commerce and licensing opportunities, contact David Arganbright, Vice President, Commerce and Licensing, at [email protected] or (203) 341-2858. is a leading Internet destination company in China. Currently, offers mainland China a wide range of information and services, including a portfolio of local and international content, free e-mail, free personal Web hosting, newsletters, search engine, virtual community, personalized home page and e-commerce. With 102 million page views per month and 1.4 million registered users, is a leading new media vehicle for opportunities in China.

Communication Online Inc.

Based in Tokyo, Japan, Communication Online develops and maintains the Cool Online (http// Web community, providing free homepages, forums, chat and shopping. Cool Online has 14 virtual cities based on real town names like Tokyo and Osaka. Currently with 40,000 members and 1.3 million page views per day it is ranked as one of the 20 most visited sites in Japan.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Prospectus dated June 25, 1999, Annual Report or Form 10-K for the most recently ended fiscal year.

For more information contact:

Nicole Catalano
(203) 341-2870
[email protected]

All current Corp. press releases can be found on the World Wide Web at Corp., 20 Ketchum Street, Westport, CT 06880; (203) 226-6967; fax: (203) 454-5840; [email protected]