FlashNet Announces Record New Subscribers for Third Quarter; Company Leverages Network Marketing - Company Financial Information

Cambridge Telcom Report, Oct 18, 1999

FlashNet Communications, Inc. has announced record new subscribers for the third quarter of 1999. During the quarter, more than 60,000 customers chose FlashNet as their ISP, bringing the company's active subscriber total to approximately 244,000. The company intends to release its third quarter earnings on or about November 4, 1999.

"Our record new customer additions in a typically slow quarter, further evidences the strength of our marketing ability, the effectiveness of our sales channels, and our leadership position as a marketing innovator", said Scott Leslie, CEO.

"I am encouraged by our success outside of Texas, in major markets such as New York, Miami, Atlanta, and Chicago, demonstrating the effectiveness of our advertising campaigns. Also, I am particularly pleased by the results we are beginning to see from our network marketing subsidiary, FlashNet Marketing Inc.," said Leslie.

FlashNet Communications, based in Fort Worth, Texas, is one of the largest Internet service providers in the United States, serving consumer and small- business customers nationwide with a complete suite of access, communications and content solutions. FlashNet continues to lead the industry with marketing innovations and has developed an outstanding reputation for customer service. For more information, visit FlashNet's Web site at www.flash.net or call 1-888-FLASHNET.