Release Dates: Immediate
Contacts: Tammy Atkins, Elizabeth Castleman
MindSpring Acquires Cox Interactive Media's Internet Access Subscribers
ATLANTA (November 9, 1998) - MindSpring Enterprises, Inc. (Nasdaq: MSPG)
today announced it has purchased the consumer dial-up Internet subscribers
of Cox Interactive Media which include AccessAtlanta in Atlanta, Austin360
in Austin, Texas, GoPBI.com in West Palm Beach, Florida, Sofla.com in
Miami, Florida and BayInsider.com in San Francisco, California.
MindSpring is a national Internet service provider. AccessAtlanta,
Austin360, GoPBI.com, SoFla.com and BayInsider.com are Internet city sites
from Cox Interactive Media. Financial terms of the agreement were not
disclosed. As of September 30, 1998, MindSpring reported 455,000 customers.
In transitioning to MindSpring's award-winning service, each subscriber
will receive the MindSpring Starter Kit. The kit includes MindSpring's
user access interface and a complete suite of Internet software for Windows
95, Windows 3.x, or Macintosh; a comprehensive User's Guide; and access to
MindSpring's 24-hour toll-free technical support service. Transition of the
subscribers should be complete within 60 days.
"MindSpring is excited to bring Cox Interactive Media's subscribers into
our family," said Cliff Bryant, MindSpring's director of acquisitions. "We
believe they will find the transition process easy and seamless, and our
"MindSpring is Atlanta-based. We know the company well, and respect the
franchise they have built," commented Peter Winter, president, Cox
Interactive Media. "This business is based upon exemplary customer service
and our subscribers will now receive the benefit of that."
About Cox Interactive Media
Cox Interactive Media is the nation's most popular provider of local
content on the Internet. The volume of CIM pages read by consumers exceeds
the page view performance of any other local site network. (Media Metrix
Special Analysis July 1998) To date, this network includes 25 city sites
and two specialty sites FASTBALL.com and GreatOutdoors.com.
CIM, founded in 1996, is a subsidiary of Cox Enterprises, Inc., and is
headquartered in Atlanta. A leading media company, Cox Enterprises includes
Cox Newspapers, Inc. (newspapers, direct mail marketing, book publishing),
Cox Broadcasting, Inc. (TV, spot sales, television production, research,
publicly-traded Cox Radio, Inc.) and publicly traded Cox Communications,
Inc. (cable distribution, programming, broadband communications) in
addition to Cox Interactive Media. The company also is the world's largest
operator of automobile auctions through Manheim Auctions, providing
financial services, government auctions, online services and price guides.
MindSpring is a leading Internet service provider focused on delivering
outstanding service and support to its customers. By following its core
values and beliefs, MindSpring is committed to doing an exceptional job of
serving its customers, its employees, its owners and its community.
MindSpring's dial-up subscribers can browse the World Wide Web, send
electronic mail, participate in informative online chats and access over
20,000 newsgroups. MindSpring offers local Internet service in more than
375 locations throughout the United States. MindSpring is also a leading
provider of Web Hosting services and domain registrations. For more
information, contact MindSpring at 1-888-MSPRING or visit the Web site at
In November 1997, MindSpring earned CNET: The Computer Network's "Buy It"
recommendation as the national ISP providing the best value. Ranking ISPs
in December 1997, PC World named MindSpring the ISP with the best customer
support, noting MindSpring "gives its users the moon," then presented
MindSpring with its "World Class Award for Best ISP" in July 1998. Smart
Money magazine called MindSpring "The Better Option" to AOL in February
1998, followed by a "Best Buy" recommendation from Smart Money Interactive
in June 1998. MindSpring was given Home Office Computing's "Best Buy" for
Web Hosting in its April 1998 issue. FamilyPC, in its July 1998 issue,
named MindSpring's home page the "Best ISP Start Page." Upside Magazine
said MindSpring "understands the value of service, community and brand in
the cold world of the Net," in its February 1998 analysis of the top 150
technology companies in the United States.
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