Allan Horlick Appointed President and Chief Executive Officer of NewsNet Central

Business Wire, Dec 2, 1998

SAN FRANCISCO--(BUSINESS WIRE)--Dec. 2, 1998--

Former CNBC Europe President and Managing Director Tapped to

Leverage Convergence of Broadcast Television and Internet

NewsNet Central, a producer and distributor of branded television programming, Wednesday announced that Allan Horlick has been appointed President and Chief Executive Officer, effective Jan. 5, 1999.

As previously announced on Oct. 22, 1998, NewsNet Central is acquiring the assets of the television broadcast division of Preview Travel Inc. (Nasdaq:PTVL). The company, which is poised to leverage the convergence of broadcast and the Internet, plans to produce and/or distribute consumer-oriented television programming for a number of companies including Intuit, Preview Travel, C/NET and HealthCentral.

Commenting on the announcement, Jim Hornthal, Founder/Chairman of Preview Travel and interim CEO of NewsNet Central said, "After our extensive search, we felt that Allan Horlick was the most qualified candidate to lead NewsNet Central into the future. Allan's extensive background and success in broadcast media and general management at NBC brings NewsNet Central extremely relevant strength and experience. Allan's leadership and vision will be a major catalyst that enables us to create effective broadband opportunities for our partners, opportunities that we believe are the essential missing link in the converging future of media."

Horlick said: "I'm extremely pleased to have the opportunity to lead NewsNet Central. The company is poised for not only tremendous future growth in the daily syndicated broadcast industry, but through the convergence of broadcast television and the Internet. I'm looking forward to the challenges and am confident we can grow this business beginning with the subjects of finance, computers, travel and health care."

Prior to joining NewsNet Central, Horlick was President and Managing Director of CNBC Europe, where he oversaw day-to-day operations, development, sales, programming and marketing for CNBC Europe. From 1987 to 1991, Horlick worked for NBC's owned and operated television station WRC-TV in Washington, D.C., as Vice President and General Manager, rising to President and General Manager in 1991. During that time, News 4 grew to become the No. 1 news source among viewers in the Washington area. In addition, WRC-TV gained a national reputation for its "Working 4 You" brand, which has been emulated by television stations across the country. In addition to his duties as President of WRC-TV, in 1995 he served as Director of Launch Operations for the creation of CNBC Asia based in Hong Kong, and provided similar assistance in 1996 for the launch of NBC Asia.

Prior to his tenure at WRC, he served for three years as Station Manager of WMAQ-TV, NBC's owned and operated station in Chicago. From 1979 to 1984, Horlick was first manager, then Director of Sales at WRC-TV. Between 1974 and 1979, he worked for NBC Spot Sales in Chicago and New York.

Preview Travel is a leading provider of branded online travel services for leisure and small-business travelers. It offers one-stop shopping for airline tickets, car rentals, hotels, vacation packages and cruises, as well as integrated access to travel information, news and resources. The company operates its own award-winning Web site at http://www.previewtravel.com, in addition to the primary travel services on America Online, Excite, Lycos, SNAP! and USA Today.

About NewsNet Central

San Francisco-based NewsNet Central is a pioneer in bridging the converging gap between broadcast and Internet mediums by partnering with leading Internet content brands, and providing production and syndication services to create synergisting exposure in a local television newscasts. The company's program portfolio and partners include: travel with Preview Travel, personal finance with Intuit's Quicken.com, technology with CNet and health programming with HealthCentral.com.