CNET Launches New Y2K.com

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From Yahoo Y2K news <:)=

Unique Partnership With Y2K, LLC Creates One-Stop Resource for Y2K Information At the Year's Most Desirable URL

SAN FRANCISCO, March 31 /PRNewswire/ -- With the White House-imposed deadline date for federal government Y2K compliance upon us, CNET (Nasdaq: CNET - news) today announced the debut of the new Y2K.com, (www.y2k.com) a CNET-produced site that will address issues surrounding the Millennium Bug. CNET joined forces with Washington DC-based Y2K, LLC, owner of the Y2K.com URL, to create the Internet's most complete center for Y2K information.

Washington Tech Lawyers/Entrepreneurs turn to CNET: The Computer Network

Founded by two entrepreneurial technology lawyers in Washington DC, Y2K.com has, to date, been a center for Y2K related topics, with a strong focus on legal issues surrounding the Y2K problem. The new Y2K.com launches today in cooperation with CNET.

``As the Government deadline approached, and global interest in Y2K continued to mount, we saw the need to expand the site's coverage to include information that goes far beyond the legal implications of Y2K,'' noted Greg Cirillo, co-founder of Y2K, LLC, owner the URL www.y2k.com since 1996. ``The Y2K issue has tremendous implications on technology, society, and the economy on a local, national and international scale. We knew CNET would be the clear choice in helping address the multitude of Y2K questions posed by scores of our site's visitors.''

Cirillo and co-founder Daniel Hassett, partners in the technology and intellectual property section in the Washington D.C. office of Williams, Mullen, Christian & Dobbins, credit the Web site for growing their extensive Y2K-focused practice.

Y2K.com's selection of CNET was a result of their regular use of CNET's network to research and clarify technology issues in their legal work. Cirillo and Hassett approached CNET to bring their award-winning content, Web publishing expertise and ad sales strength to build Y2K.com into a true portal for people interested in Y2K. The new site will feature CNET's extensive Y2K resources, in addition to a legal area that will continue to track and provide guidance on Y2K issues and the law.

A Unique Partnership

CNET has a long tradition of owning important and useful domain names like news.com, shopper.com and computers.com. However, CNET's arrangement with Y2K.com, is a first. The agreement, slated to run through 2000, is a partnership intended to realize the maximum value of the Y2K.com domain for both parties. CNET will share revenues with Y2K, LLC.

``Greg and Dan have done a tremendous job of building a great center for one of the most interesting topics of our day,'' said Tom Melcher, CNET's Executive Vice President of Strategic Development. ``With our industry-leading sales force and our award winning content, CNET can bring Y2K.com to the next level.''

Y2K, LLC will retain ownership of the URL. He continues, ``This represents a new model between entrepreneurs and CNET -- a new kind of partnership that will help entrepreneurs running businesses at great URLs realize their maximum value.''

The New Y2K.com

The information-packed Y2K site includes in-depth features on the hottest Y2K issues, a complete government compliance ``report card'' analysis, key Y2K downloads, prices on Y2K utilities, side-by-side comparisons and reviews of Y2K software and gadgets, the latest news from News.com, CNET Central TV coverage, message boards and links to the best additional resources from around the Web. Updated every day, CNET's Y2K.com is set to be ground zero for Y2K information on the Internet.

About CNET: The Computer Network

CNET, Inc. is at the leading edge of media companies, producing a branded Internet network and television programming for both targeted and general audiences. Online and on television, CNET is the leading authority on computers, the Internet and digital technologies. CNET's network serves millions of users each day. CNET television programming airs on USA Network, the Sci-Fi Channel and in national syndication, as well in 40 foreign countries. CNET effectively owns 40 percent of Snap, a search and navigation service for all Internet users, co-owned by NBC. CNET also owns approximately nine percent of Vignette Corporation, a manufacturer of premier Web publishing software, and approximately 16 percent of BuyDirect.com, an online software store that was recently purchased by Beyond.com.

SOURCE: CNET, Inc.



-- Sysman (y2kboard@yahoo.com), March 31, 1999


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