INTERNET.COM ADDS IXL, MP3, ETOYS, AMERITRADE AND NET2PHONE TO ITS ISDEXTM INTERNET STOCK INDEX(Westport, CT - September 30, 1999) - internet.com (Nasdaq: INTM), the E-Business and Internet Technology Network, has added five new stocks to its ISDEX TM, Internet Stock Index, a 100% Internet stock index featuring 50 leading publicly traded Internet companies. The new additions are iXL Enterprises (Nasdaq: IIXL), MP3.com (Nasdaq: MPPP), eToys (Nasdaq: ETYS), Ameritrade Holding (Nasdaq: AMTD) and Net2Phone (Nasdaq: NTOP). The changes are effective as of October 1, 1999.
With a market capitalization encompassing almost 80% of the Internet industry, the ISDEX represents a complete proxy for the Internet sector on Wall Street. "Each of these companies is a leader in its Internet sector," said internet.com chairman and CEO Alan M. Meckler.
Created in 1996, the ISDEX (http://www.isdex.com) is a pure Internet index, consisting of stocks that derive more than half their revenue from the Internet. The ISDEX includes representation from twelve Internet sectors, including software, hardware, content, commerce and communications/access sectors.
The ISDEX is reviewed quarterly to insure that it includes the most representative list of Internet Stocks for investors, making the ISDEX the most up-to-date and dynamic Internet stock index. The ISDEX is quoted on a regular basis in leading financial media including The Wall Street Journal, Reuters, Dow Jones Newswire, Bloomberg, Bridge, CNBC, SmartMoney magazine and others. The stocks deleted from the ISDEX are Infoseek (Nasdaq: SEEK), CyberCash (Nasdaq: CYCH), Onsale (Nasdaq: ONSL), Preview Travel (Nasdaq: PTVL) and Network Associates (Nasdaq: NETA).
ISDEX futures and futures options are traded on the Kansas City Board of Trade under the ticker symbol (IS). For additional information about Kansas City Board of Trade ISDEX futures and futures options contact Candice Bowman at 816-753-7500.
Investors can also participate in the ISDEX through the no-load Guinness Flight internet.comTM INDEX Fund which trades under the ticker symbol (GFINX). For additional information about the Guinness Flight internet.com Index Fund, contact James Atkinson at 626-795-0039. Interested investors can call 800-915-6565 or visit http://www.gffunds.com/isdex for further details.
The ISDEX is part of internet.com's Internet Stocks Channel (http://www.internetstockschannel.com), the leading online source of information about Internet Stocks and finance which features the widely-followed Internet Stock Report (http://www.internetstockreport.com). internet.com operates a network (http://www.internet.com) of 70 Web sites, 53 E-mail newsletters, 55 online discussion forums and 52 moderated E-mail discussion lists with over 1.8 million unique visitors that generate more than 60 million page views monthly. Total "views", which include Web site page views, e-mail newsletter views and e-mail discussion list views, are now well over 100 million per month. internet.com's global presence includes editions in Canada, China, the United Kingdom, Arabia, Australia, Asia, France, Japan and Israel. In addition, internet.com with its related internet.com Venture Fund I has become a significant investor in a growing number of business-to-business content sites and related Internet media properties.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding internet.com 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.
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