TimeDance Allies With NBC Internet, Inc. to Bring Activity Planning Services to Millions of Snap Users; NBCi Integrates TimeDance Invitations into Snap Calendar

Business Wire, Jan 19, 2000

Business Editors, Hi-Tech Writers

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Jan. 19, 2000

TimeDance (www.timedance.com), a leading provider of online invitations and activity-planning services, today announced a strategic alliance with NBC Internet, Inc. (Nasdaq:NBCI), a global integrated media company and operator of the sixth-largest family of Internet properties. Under the terms of the agreement, TimeDance applications will be integrated into NBCi's flagship service, the Snap Internet portal service (www.snap.com), including the Web-based Snap Calendar, which is also available on other NBCi sites. As part of the deal, NBC Internet, Inc. will receive a minority equity position in the company.

As an anchor tenant on NBCi's Snap, TimeDance becomes the portal's primary online activity planning and invitation service. Users will be able to select from TimeDance's comprehensive library of graphic-rich templates to create customized invitations reflecting a host's personal style and the event theme. TimeDance assists a host by tracking RSVPs, determining the best date and time, and offering additional features that take care of all the "what-ifs" that might be overlooked with traditional paper-based invitations: maps with driving directions, weather updates, and a message board for communicating with guests prior to the get-together.

"We are confident that our powerful technology, easy-to-use interface and graphic invitations will benefit Snap users worldwide," said Stuart West, vice president of business development at TimeDance. "We are proud NBCi selected us over our competitors and believe it to be an endorsement of our technology, business model, and team. This alliance represents an important growth opportunity for TimeDance by making our service available to millions of new users."

"With the integration of TimeDance online invitations, our Snap Calendar may well exceed user expectations by combining extensive invitation graphics with a simple user interface," said Sam Parker, NBCi's Vice President and General Manager of Snap. "In addition, we're impressed with TimeDance's scalability as well as its fast and seamless integration capabilities. Online event planning has never been easier."

About TimeDance Inc.

TimeDance is the leading provider of online invitations and activity planning services. http://www.timedance.com launched in June 1999 and is changing the way Internet users plan parties, weekend getaways, business meetings, and other activities. TimeDance offers an intuitive user interface featuring hundreds of exciting graphical invitation styles. The service provides a variety of easy-to-use tools for managing get-togethers: RSVP tracking, a private message board, integrated maps with directions, and weather forecasts, plus scheduling tools to collect guest preferences and identify the best event time. These fun and useful features make TimeDance the complete activity planning service for consumers. Major investors include two of the Internet's top venture capital firms, Institutional Venture Partners and Mayfield Fund. TimeDance is a privately-held Silicon Valley startup based in Redwood City, California.