Release Dates: Immediate
Ed Hansen, MindSpring Enterprises, Inc.
MindSpring Announces Public Offering of Common Stock
ATLANTA, Georgia (December 7, 1998) - MindSpring Enterprises, Inc. (Nasdaq: MSPG) announced that it has filed a Registration Statement with the Securities and Exchange Commission for the public offering of up to 2,300,000 shares of the Company's common stock (including 300,000 shares to cover over-allotments, if any), all of which will be issued by the Company. The offering is being managed by ING Baring Furman Selz LLC, Donaldson, Lufkin & Jenrette Securities Corporation, J.C. Bradford & Co., Wheat First Securities, Inc., and Jefferies & Company, Inc. and currently is expected to be completed in December.
MindSpring is a leading Internet service provider focused on delivering outstanding service and support to its customers. 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.
A Registration Statement relating to the securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
When available, a prospectus relating to these securities may be obtained
from ING Baring Furman Selz LLC at (212) 309-8285 or by sending a request
by facsimile to (212) 304-8274, Attention: Equity Capital Markets Desk.
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