Business Services Industry

iWon Forms Alliance With Learn2.com; Through Alliance iWon to add Learning Content and Introduce "iGuy" iWon.com's Animated Web Guide

Business Wire, Sept 11, 2000

Business/Technology Editors

IRVINGTON, N.Y. & WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- Sept. 11, 2000

Internet portal iWon(SM) (www.iWon.com), an industry success story with an award winning search and No. 1 user site and feature satisfaction rating (NPD Search and Portal Tracking Study), announced its alliance with Learn2.com (Nasdaq: LTWO), a leading learning service provider that creates and deploys engaging multimedia learning solutions for corporate, government and individual clients.

iWon will integrate Learn2.com's proprietary Learn2Guide(TM) technology to introduce "iGuy", iWon's animated guide. iGuy will provide iWon users with interactive site tours, help users customize iWon and make it their homepage, and allow users to learn more about iWon's new 3-tiered Refer-A-Friend Program. iGuy will make the iWon Web site more interactive, easy and fun.

iWon will feature a co-branded "Learning Store " from Learn2.com, which will provide over 1,400 online multimedia courses on subjects ranging from learning Microsoft(R) Word, Excel and Quicken to Adobe Photoshop. In addition, Learn2's step-by-step tutorials will be integrated into the travel, auto and food & drink channels on the iWon site.

"We are pleased to have formed an alliance with Learn2, The Learning Service Provider leader," said Bill Daugherty, iWon's Founder and co-CEO. "We believe iGuy will be a terrific addition to the iWon.com site, and will provide our users with a more interactive and intuitive portal experience."

"Our agreement with iWon is a great example of Learn2.com's strategy to provide total learning solutions across the enterprise utilizing our patented technology and content," stated Stephen Gott, Chief Executive Officer of Learn2.com." Not only are we excited to offer iWon users our full library of engaging and interactive learning materials, we are proud that iWon, through the creation of iGuy, is among the first to utilize our new proprietary Learn2Guide technology, reinforcing iWon's reputation as an online innovator."

About Learn2.com

Learn2.com is a leader in the creation and distribution of e-learning solutions for corporate, government, educational and individual clients. The Learn2.com suite of products includes more than 1,400 off-the-shelf courses that allow interactive multimedia and animated courseware to be accessed instantly on the Web. These courses are also delivered on CD-ROM and video. The Learn2.com Web site is home to an e-learning community that provides tips and step-by-step instructions on a broad spectrum of skills, activities and tasks, as well as immediately accessible multimedia tutorials. Corporations have access to the same high quality tutorials through Learn2University, which includes additional features such as reporting and administration. For more information, call 800 214-8000. Learn2.com is located at www.learn2.com and Learn2University is located at www.learn2university.com.

About iWon

Launched only 11 months ago, iWon currently attracts one out of every nine people who visit the Web from work, and one out of every ten people who visit the web from home (Media Metrix, July). iWon is also ranked #1 in User Site and Feature Satisfaction among the leading search engines and portal sites (NPD Search and Portal Tracking Study). iWon provides users with world-class content and functionality from leading partners such as Associated Press, CBS, Inktomi, CBS MarketWatch, Reuters, Standard & Poor's Comstock, TheStreet.com, Travelocity, and WeatherNews Inc.

As an added incentive, iWon gives away to users $10,000 every day, 30 prizes of $1,000 every week, $1 million every month and $10 million on Tax Day. By simply using the site to search the Web, check email, go shopping, read the news, or perform other regular Internet activities, iWon users earn entries with practically every click. Through the 3-tiered "Refer-A-Friend" program, iWon users will also earn cash prizes, up to $1 million, if someone in their referral network wins a Daily, Weekly, Monthly or Annual prize. To date iWon has given away more than $25 million in cash prizes.

Forward-Looking Statements

This news release contains forward-looking statements, which involve risks and uncertainties. Accordingly, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company. These factors include the Company's success in its business and operations; the activities of new or existing competitors, the ability to attract and retain employees and strategic partners, the ability to leverage intangible assets, the ability to complete new projects at planned costs and on planned schedules and adoption of the Internet as a medium of commerce, communications and learning. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


 

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