Egreetings Network and Juno to Market E-Cards and Gifts to Millions of Users

Business Wire, March 16, 2000

Business Editors/High-Tech Writers

SAN FRANCISCO and NEW YORK--(BUSINESS WIRE)--March 16, 2000

Egreetings Network, Inc. (Nasdaq:EGRT), a leading provider of online cards and gifts, and Juno Online Services, Inc. (Nasdaq:JWEB), a leading provider of Internet services to millions of computer users nationwide, today announced that they have entered into a marketing agreement to offer a co-branded version of Egreetings.com(R) online card and e-commerce services for free to millions of Juno members.

The co-branded Egreetings application will be marketed to Juno members through a coordinated promotional campaign conducted over the Juno service. The campaign will include banner and pop-up advertisements as well as collateral marketing in the form of special notices and promotions in various sections of Juno's Web portal.

"Our agreement with Juno represents an important part of our strategy to increase traffic and commerce on our site through mutually beneficial alliances," said Egreetings CEO Gordon M. Tucker. "Juno is one of the nation's leading Internet access providers, and Egreetings.com will now be its exclusive e-cards partner. Sending e-cards is a major and growing Web activity and this agreement will significantly increase the addressable market for our services."

"Juno is committed to providing its members with access to the premier services available today on the Internet," said Charles Ardai, Juno's president and CEO. "We believe Egreetings.com offers the broadest and richest e-card content available, which will meet our members' desire to communicate more effectively with friends, family, and business associates. It will also be a valuable source of revenue for us."

The agreement makes provisions for the two companies to share in the revenues derived from advertising on the co-branded service. Juno will create navigational links and buttons on its site to make access to Egreetings.com a convenient click away for Juno members.

ABOUT EGREETINGS NETWORK, INC.

Egreetings offers consumers and businesses a convenient and creative way to express themselves online through e-cards, gifts, and invitations. The Egreetings.com Web site includes over 7000 free online cards for all occasions and sentiments, which feature rich graphics, animation, and music that consumers can personalize to make their messages memorable and unique. Egreetings.com also offers a wide variety of gifts and digital gift certificates, making it easy for consumers to find and send a thoughtful gift along with their online card. The Egreetings Invites service allows visitors to easily manage personal and business events online. Egreetings Network, Inc. is a Nasdaq-listed company under the symbol EGRT. E-greetings is a registered trademark, and Egreetings is a trademark, of Egreetings Network, Inc.

ABOUT JUNO

Juno Online Services, Inc. is a leading provider of Internet-related services to millions of computer users throughout the United States. The company offers several levels of service, ranging from basic dial-up Internet access -- which is provided to the end user for free -- to high-speed broadband access. Juno's revenues are derived primarily from subscription fees charged for its billable premium services, from the sale of advertising, and from various forms of electronic commerce.

For more information about Juno, visit www.juno.com/corp. To get a free copy of the Juno software, go to www.juno.com, or call toll-free 1-800-TRY-JUNO.

Statements in this press release regarding Juno Online Services, Inc. that are not historical facts are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Any such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The following factors, among others, could cause Juno's actual results to differ materially from those described in a forward-looking statement: limited history of offering Juno's billable premium services and free basic service in its current form; history of losses; failure to retain or grow Juno's subscriber base; increasing competition from existing or new competitors; inability to sustain current levels of subscriber acquisition or retention; inability to successfully migrate members to or retain members in Juno's billable premium services; increased telecommunications costs resulting from the expansion of Juno's free basic service; rapid technological change; possible unavailability of financing as and if needed; decreases in the popularity of the Internet among consumers or as an advertising medium; dependence on a limited number of vendors, including without limitation third-party vendors for the provision and roll-out of the Juno Express broadband service; dependence on strategic marketing alliances as a source of revenues; inability to achieve telecommunication cost savings through efficient hardware utilization of per-modem pricing; possible industry consolidation; and potential fluctuations in quarterly and annual results. This list is intended to identify only certain of the principal factors that could cause actual results to differ. Readers are referred to the reports and documents filed by Juno with the Securities and Exchange Commission, including the Annual Report on Form 10-K filed February 15, 2000, for a discussion of these and other important risk factors.