iWon.com Selects Reuters to Power New iWon Money Site; New Finance Site for Internet's Largest Cash Giveaway Portal Uses `Powered by TIBCO' Technology

Business Wire, Sept 11, 2000

Business Editors/Financial Editors

PALO ALTO, Calif.--(BUSINESS WIRE)--Sept. 11, 2000

Reuters, the global information, news and technology group, and iWon.com, the Internet's largest guaranteed cash giveaway portal, today announced that iWon.com has selected Reuters to provide the real-time market information and price quote technology for its recently launched iWon Money site.

The Reuters solution will enable iWon.com to provide visitors to iWon Money with a highly efficient service, offering fast delivery of quality financial information and news content. The new section will provide information on splits, IPOs, insider trading, expanded company news, analysts' recommendations, currency exchange and much more.

The new information and price quote solution uses elements of the Reuters Market Data Distribution System and Internet Finance Platform, to provide snapshot market data quotes to the site's users. The Reuters solution is `Powered by TIBCO', leveraging components of the TIBCO ActiveEnterprise eBusiness infrastructure, which combines highly scalable messaging capabilities, with comprehensive system monitoring and management. This infrastructure provides iWon.com with a flexible platform for extending their new quote service to support existing and future operations.

Bill Daugherty, CEO, iWon, says: "With the launch of iWon Money, it was important to choose a technology solution that could deliver the scalability which we knew would be needed to meet the increased demand for real-time information. Consequently, technology performance and proven reputation were big factors in our decision to select Reuters."

Michael Parlapiano, EVP, Reuters America, comments: "Our vision of how the Internet can be used to build and serve communities of users through access to high quality, relevant and timely information, is totally aligned with iWon. It's great to see iWon.com using our solution to deliver this vision to their customers."

About iWon.com

Launched only ten 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 has also been ranked No.1 in User Satisfaction among the leading search engines and portal sites (NPD Search and Portal Tracking Study). iWon.com provides users with world-class content and functionality with leading partners such as Associated Press, CBS, Inktomi, CBS MarketWatch, RealNames, Reuters, 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 $24 million in cash prizes. For details and official rules, visit www.iwon.com.

About Reuters

Reuters (www.reuters.com), the global information, news and technology group, plays a significant role in the functioning of the financial and media markets. Reuters strategy is to make the financial markets work on the Internet. Reuters is the world's largest international news and television agency with 1,957 journalists, photographers and camera operators in 185 bureaux serving 153 countries, gathering and editing news in 24 languages. Reuters premier position is based on a reputation for speed, accuracy and impartiality as well as for continuous technological innovation. Reuters supplies news and information to over 900 internet websites. Instinet, an independently managed subsidiary of Reuters, is the world's largest electronic agency brokerage firm. It covers the equities and fixed income markets. On 30 June 2000, the Group employed 17,067 staff in 215 cities in 98 countries.

Reuters Trading Solutions provides global solutions and technologies for the financial markets including enterprise-wide integration, market information and data distribution, equity and foreign exchange transactions and risk and trade management. It also supplies technologies and portal capabilities for clients to supply their retail customers with information, data and the ability to transact. These capabilities are based on the combination of TIBCO and Reuters software.

Reuters and the sphere logo are the trademarks of the Reuters group of companies.

TIBCO, TIBCO ActiveEnterprise and Powered by TIBCO are trademarks or registered trademarks of TIBCO Software Inc. Reuters is the preferred distributor of TIBCO products to the financial services industry.

iWon(sm), iWon.com(sm), and why wouldn't you? (sm) are service marks of iWon, Inc. All rights reserved.