Business Editors/High-Tech Writers
SAN FRANCISCO--(BUSINESS WIRE)--May 16, 2000
MySpace.com (formerly FreeDiskSpace.com), a leading online information management company, today announced a partnership with theglobe.com (Nasdaq:TGLO), one of the world's leading community networks and providers of community services. Under the terms of the deal, theglobe.com's members will be offered 300 megabytes of virtual storage and will be able to store, organize, share and distribute their information online through a co-branded site.
MySpace's file storage and sharing services will be fully promoted throughout theglobe.com's flagship website (www.theglobe.com). The service enables users to share personal files and information with their online friends, family and colleagues.
"We are delighted to offer increased accessibility to online storage through one of the leading web community networks," said Ricky Aaron, CEO of MySpace.com. "Having the ability to reach theglobe.com's members will proliferate the use of our valuable service and broaden the conversion to file storage and sharing exclusively online. We're confident that theglobe.com's users will begin to see how online storage complements and facilitates all of the their online activities, such as collecting MP3s, sharing photographs with friends, and accessing important documents from any Internet connection."
"With MySpace.com's online storage solution, theglobe.com offers its users a virtually unlimited environment of free storage for their MP3's and other valuable files," said Ira Silberstein, director, Business Development, theglobe.com. "This partnership is another example of how theglobe.com is providing value-added services that enrich the community experience and further contribute to the growth of its audience."
About theglobe.com Network
theglobe.com is a network of communities that specializes in bringing people together around shared topics of interest. The Company delivers "community" through four different streams: its flagship website (http://www.theglobe.com) featuring the Company's best of breed community products (e-mail clubs and web site building tools); customized community solutions to other web properties; small business communities; and a vibrant games information network rated number one in the world by Media Metrix. theglobe.com currently distributes community services and games content to RollingStone.com, CBS Sportsline.com, Time Warner's Road Runner, Deja.com, alloy.com, AOL UK, Excite UK, DirectHit.com, OneMain.com and Chaitime.com.
Safe Harbor -- this press release contains financial information and includes forward-looking statements related to theglobe.com, Inc. that involve risks and uncertainties, including, but not limited to, product delivery, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect theglobe.com's future results, please see the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations. Copies of these filings are available upon request from theglobe.com's investor relations department. theglobe.com, theglobe.com (logo), globeclubs, Happy Puppy, Kids Domain, Games Domain, WebJump, Chips & Bits, shop.theglobe.com, and uPublish! are service marks of theglobe.com, inc. or its subsidiaries.
About MySpace.com
Founded in 1999, MySpace.com (formerly FreeDiskSpace.com) is a privately held online information management company headquartered in San Francisco. MySpace provides a multi platform Internet hard drive, offering consumers and businesses a variety of features to store, organize, share and distribute their information online. The Company's objective is to enable members to access their information worldwide, while facilitating a seamless integration between the desktop and the Internet. For more information about MySpace, please visit the website at www.myspace.com. Reporters or analysts may contact Carmen Morales at carmen@myspace.com or 415/882-2154.
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