Juno Teams With
The Black World Today
To Provide Web Access to
African-Americans
NEW
YORK, NY (October 30, 2000)
-- Juno Online Services, Inc. (Nasdaq: JWEB) today announced that it has
signed an agreement with The Black World Today (www.blackworldtoday.com), the Internet’s
premier destination site for [GB1]African-Americans,
to create a co-branded Internet access offering.
Juno is the nation's third-largest provider of dial-up Internet
services, after AOL and EarthLink, with 3.7 million active subscribers
in the month of September. Blackworldtoday.com
is the leading full-service black portal on the Internet, visited by
close to 500,000 people each month.
A
co-branded version of the Juno software is now available for download
from the Black World Today Web
site. Additionally, The
Black World Today will be marketing the co-branded service to its
extensive database of African-Americans who have registered with the
site, and plans to distribute CD-ROMs containing the Juno software to
African-American educational institutions, churches and non-profit
organizations nationwide over the coming months. New
subscribers to the co-branded service can choose Juno Web, Juno’s
premium dial-up service, for $9.95/month, or (in selected markets) Juno
Express, Juno’s high-speed broadband service, for $49.95/month.
Subscribers will automatically see The
Black World Today as their home page rather than the standard Juno
portal site, www.juno.com. Under
the terms of the agreement, The
Black World Today will receive a one-time bounty for each subscriber
that signs up for the co-branded service and continues using it for a
specified period.
“The main focus of The
Black World Today is communication and access.
Juno helps to enhance that focus by enabling the African-American
community to keep informed about our people and the world at large,”
said Don Rojas, CEO of The Black
World Today. “Juno
has provided us with an economical service that our current visitors, as
well as those African-Americans who don’t yet have access to the
Internet, can take advantage of to experience our site and be an
integral part of our online community. We call on African American
businesses, churches, institutions and organizations to partner with us
in massively distributing the CDs with the Juno ISP software across the
country.” About The Black World Today The Black World Today is the premier destination
site for African-Americans and Blacks worldwide. The site offers
informational and entertainment services including news, sports,
commentaries, audio content, job listings, music, free email, free
personal homepages, and shopping. The site is read and listened to in
over 70 countries. TBWT.com is also the only site on the Web with a
daily video gallery of news, entertainment, and educational features and
the only ethnic portal offering free classifieds and directory listings
for minority businesses, churches, professional associations and
community organizations. About Juno
Juno Online Services, Inc. is a leading provider of
Internet access to millions of computer users throughout the United
States. Founded in 1996, the company provides multiple levels of
service, including free basic Internet access, billable premium dial-up
service, and (in certain markets) high-speed broadband access. Juno's
revenues are derived primarily from the subscription fees charged for
its billable premium services, from the sale of advertising, and from
various forms of electronic commerce. Based on its total of 3.7
million active subscribers during the month of September, 2000, Juno is
currently the nation's third-largest provider of dial-up Internet
services, after AOL and EarthLink.
As of September 30, 2000, Juno had approximately 12.77 million
total registered subscriber accounts. For more information about Juno, visit www.juno.com/corp.
To get a free copy of the Juno software, go to www.juno.com or call
(800) TRY-JUNO. Contacts: Gary Baker, Juno
Public Relations (212) 597-9005 or pr@support.juno.com Becky Yeamans, Juno Investor Relations or ir@support.juno.com Don Rojas/Herb Boyd, The Black World Today (410) 521-4678/(212) 926-4587 ### Statements
in this press release regarding Juno Online Services, Inc. that are not
historical facts are forward-looking statements and are subject to risks
and uncertainties that could cause such statements to differ materially
from actual future events or results. Any such forward-looking
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995.
The following factors, among others, could cause Juno’s actual
results to differ materially from those described in a forward-looking
statement: limited history of offering Juno’s billable premium
services and free basic service in its current form; history of losses;
failure to retain or grow Juno’s subscriber base; increasing
competition from existing or new competitors; inability to sustain
current levels of subscriber acquisition or retention; inability to
successfully migrate free subscribers to, or to retain subscribers in,
Juno’s billable premium services; rapid technological change; possible
unavailability of financing as and if needed; decreases in the
popularity of the Internet among consumers or as an advertising medium;
dependence on a limited number of partners and vendors for the provision
and roll-out of the Juno Express broadband service and related
uncertainties that could prevent or delay the intended expansion of Juno
Express service to new platforms or regions; possible industry
consolidation; and potential fluctuations in quarterly and annual
results. This list is
intended to identify only certain of the principal factors that could
cause actual results to differ. Readers
are referred to the reports and documents filed by Juno with the
Securities and Exchange Commission,
including the Quarterly Report on
Form 10-Q filed August 14, 2000, for a discussion of these and
other important risk factors. [GB1]Isn’t it better to call them what they call themselves, “the Internet’s premier destination site for African-Americans? It has more meaning that what we have there now. The
Black World Today
The Black World Today
(http://www.tbwt.com) is the premier destination site for African-Americans worldwide. The
site offers informational and entertainment services including news,
sports, commentaries, audio content, job listings, music, weather and
shopping. The site is read and listened to in over 70 countries and
receives approximately 2 million page views each month. |