IBM Teams with AT&T and Lycos to Pilot Internet Appliance, Content and Services to Fidelity Investments Customers

Business Wire, Feb 23, 2000

Through its recent cable acquisition, AT&T will bring its bundle of broadband video, voice and data services to customers throughout the United States. Internationally, the AT&T/BT Global Venture - recently named Concert -- will serve the communications needs of multinational companies and international carriers worldwide

About Fidelity Investments

Fidelity Brokerage Services, Inc. offers its customers access to a full range of securities; IPOs and other public offerings for eligible brokerage customers; FundsNetwork with more than 3,400 mutual funds; substantial commission savings; low margin rates; access to extensive independent research; a variety of cash management services for qualifying accounts and consolidated statement reporting.

Fidelity Investments is the nation's largest mutual fund company and a leading provider of financial services. Fidelity offers investment management, retirement, brokerage and shareholder services directly to individuals and institutions, and through financial intermediaries. The firm also is the No. 1 provider of 401(k) retirement savings plans, the second largest discount brokerage firm and the third largest provider of 403(b) retirement plans for not-for-profit institutions in the United States. At January 31, 2000, Fidelity had total managed assets of $928.8 billion. For more information, including charges and expenses for any fund available through Fidelity, visit fidelity.com to download a free prospectus. Read it carefully before you invest or send money. System availability and response time may be subject to market conditions. Brokerage Services provided by Fidelity Brokerage Services, Inc. Member NYSE, SIPC.

About Lycos, Inc.

Founded in 1995, Lycos, Inc. is a leading Web media company and owner of the Lycos Network, one of the most visited hubs on the Internet reaching nearly one out of every two U.S. Web users.

The Lycos Network is a unified set of Web sites, attracting a diverse audience by offering a variety of services, including leading Web search and navigation resources; Web community and communications services including free homepage building, free Web-based e-mail, clubs, chat, instant messaging; a personalized My Lycos start page; a comprehensive shopping center featuring more than 2,400 merchants; and an assortment of compelling content such as games, music, news, fun and educational information and activities for kids as well as information about investing, technology, entertainment, sports, small business, travel and more.

The Lycos Network is composed of Lycos.com, Tripod, WhoWhere, Angelfire, MailCity, HotBot, HotWired, Wired News, Webmonkey, Suck.com, Sonique, Quote, Gamesville and Lycos Zone.

Headquartered near Boston in Waltham, Mass., Lycos, Inc. is a global Internet leader with a major presence throughout the U.S., Europe, Asia and Latin America.

About IBM

IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate.

(c)2000 Lycos, Inc. - Lycos(R) is a registered trademark of Carnegie Mellon University. All other product or service marks mentioned herein are those of Lycos or their respective owners. All rights reserved.