Santa Monica, Calif. Feb. 8, 1999 (PRIMEZONE) -- MicroCap1000.com, subsidiary of MicroCap Financial Services.com Inc. (OTCBB: MFSI), and Lycos (NASDAQ: LCOS) announced that MicroCap1000.com will be showcased through advertising within Lycos.com's Money Web Guide.
The arrangement provides Lycos visitors daily, original news and commentary on the MicroCap sector through advertising links to content on MicroCap1000.com. The MicroCap sector, companies with market capitalizations of under $500 million, represents the vast majority of publicly held companies, yet this sector is under-followed by the investment community and the media.
"We are pleased that Lycos recognizes the value of bringing its visitors original content and information on this exciting sector," said Jay Matulich, Chairman of MicroCap1000.com. "This showcase is part of our ongoing campaign to use our unique, cutting-edge content and real-time index to attract subscribers to our site."
Two week's ago MicroCap1000.com reported that in just three months it had 120,000 registered subscribers to its service.
About MicroCap1000.com:
MicroCap1000.com, Ltd., a subsidiary of MicroCap Financial Services.com, Inc. (MFSI), is a multimedia provider of online financial news and information services to the investment community and MicroCap companies and is designed to be the premier source for information on the MicroCap sector. The Company, whose Web site was fully launched in early October 1998, provides comprehensive, Internet-based electronic publishing of unique content on the MicroCap sector; online investor access services; and broadcasts over the Internet through video-streamed netcasts of various financial programs.
About Lycos, Inc.:
Founded in 1995, Lycos, Inc. (NASDAQ: LCOS) is a leading Web media company and owner of the Lycos Network, the second most visited hub on the Internet
reaching 46.5 percent of Web users. The Lycos Network is a unified set of Web sites that attracts a diverse audience by offering a variety of services, including leading Web navigation resources, homepage building and other Web community services and a comprehensive shopping center. The Lycos Network is composed of premium sites: Lycos.com, Tripod, WhoWhere, Angelfire, MailCity, HotBot, HotWired, Wired News, Webmonkey and Suck.com. Lycos.com (http://www.lycos.com), "Your Personal Internet Guide," is dedicated to helping each individual user locate, retrieve and manage
information tailored to his or her personal interests. Headquartered near Boston in Waltham, Mass., Lycos, Inc. is a global Internet leader with a major presence throughout the U.S., Europe and Asia.
Certain of the above statements may be forward looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments and other risk factors listed from time to time in the Company's Securities and Exchange Commission reports.