Thursday, October 28, 1999

BITS AND BYTES - 10/28/99

EDU Launches English Language Programs Site
Philadelphia, PA-Educational Directories Unlimited (EDU), the developer of two of the most popular college campus Internet resources - http://www.Gradschools.com and http://www.Studyabroad.com, has recently launched a new site, http://www.English.Studyabroad.com. The new site is geared towards students who wish to enroll in intensive English language programs worldwide.

About.com Teams With HomePage.com
New York, N.Y. and Pasadena, CA-About.com (Nasdaq: BOUT), a leading network of niche vertical sites, and HomePage.com, an idealab! Company and one of the Web's fastest-growing providers of free personal homepages, announced today that HomePage.com will be the exclusive third-party provider of homepages on About.com. Under the agreement, About.com will receive warrants in HomePage.com of up to 10 percent of HomePage.com's overall equity. In addition, Scott Kurnit, CEO of About.com, will take a seat on HomePage.com's board of directors.

Digital Entertainment Network Founders Resign
Three co-founders of Internet start-up Digital Entertainment Network resigned yesterday amid questions about their extravagant compensations and lifestyles. The company is about to go public. Marc Collins-Rector, chairman of the board, Chad Shackley, executive vice-president and Brock Pierce, director and executive vice-president, retain over 70 percent ownership of the company.

Gamesville.com Appoints Marc Solomon VP of Sales
Boston, MA-Gamesville,com, Inc. (www.gamesville.com), the web's leading 1:1 database marketing company and producer of free, real-time massively multi-player games, today announced the appointment of Marc Solomon to vice president of sales. Solomon will be responsible for sales strategy and management of the company's diverse product lines, including sponsorships, e-mail and Gamesville.com's unique e-mercialsa. He will be based in the company's New York City sales headquarters.

Magidson Opens Gallery, Contributes to Free Speech
New York, N.Y.--Magidson Fine Art announces the opening of their new location at 41 East 78th Street between Park and Madison. On November 2, the gallery will host a premier featuring Damien Hirst's screen print series entitled The Last Supper. These thirteen works on paper compose a portfolio and are available individually or as a complete set. To defend the First Amendment rights of artists, collectors and museum patrons, Magidson will donate $10,000 of each portfolio sale to the Brooklyn Museum of Art.

SenseNet Releases Business Solutions
New York, N.Y.-The launch of SenseNet II Office is an exciting event. Picture this: It comes pre-installed and configured on a Dell Box, runs on Windows NT or Linux and in 10 minutes or less your entire company will be connected and running more efficiently than ever before. Now, with the launch of SenseNet II, there is a business management solution that is technically innovative and takes into account companies' needs and wants. After months of research and development, SenseNet, Inc., is ready to announce the launch of its first integrated business solutions: SenseNet II Office and SenseNet II Enterprise.

ThinkingMedia Gets Financed
New York, N.Y.-Thinking Media, Inc., a veteran of Silicon Alley and creator of the Sonata Device Platform, announced $5 million in financing from three leading New York City venture capitalists. The investor group is led by Prospect Street Ventures and includes Flatiron Partners and Travelers/CitiGroup. The investment positions Thinking Media as a primary catalyst for the "pervasive computing" movement.

Ericsson and Wysdom Go Into Testing
Ericsson Canada Inc. and Wysdom Inc. have signed an agreement to test and display Wysdom's Wireless Jukebox MP3 application, using WCDMA technology, at Ericsson's Next Generation Systems Labs. Testing and demonstration will be performed at Ericsson's Next Generation Systems Labs located in Montr?al, the world's first facility to implement WCDMA technology using existing PCS frequencies with data rates of up to 50 times the speed of technology used today.