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Press Release

NetGift Registry Debuts As Exclusive USATODAY.com Gift Registry

Gift registry now available on the nation's #1 newspaper site

November 17, 1999

RESEARCH TRIANGLE PARK, NC - Christening its network of 64 different websites, NetGift Registry CEO Steve Furst announced his company's debut on the popular USATODAY.com website. Through its exclusive arrangement with USATODAY.com and a massive advertising campaign on the website, NetGift plans to reach the millions of users that view USATODAY.com every month.

"We are pleased to have NetGift Registry as the exclusive gift registry on USATODAY.com," said Lorraine Cichowski, Senior VP and Publisher, USATODAY.com. "NetGift's service will enhance USATODAY.com's Marketplace and provide our customers with a unique and convenient shopping tool for all of their gift needs."

"This is a great day for NetGift and USATODAY.com," added Steve Furst, CEO of NetGift. "We are able to bring a gift registry with over 3 million items from over 300 stores to USATODAY.com's 14 million unique monthly users."

USATODAY.com, the leading general interest news site on the Internet, delivers a world overview 24 hours per day, seven days per week to 14 million unique monthly visitors with 200,000 pages of breaking news, sports, financial news, technology reviews, worldwide weather, lifestyle/entertainment coverage and interactive multimedia features. Currently, over 30 e-commerce vendors work with USATODAY.com in its dedicated online shopping area, Marketplace.

Although details of the deal were not made public, it was disclosed that USATODAY.com and NetGift will be sharing in the revenues from sales through the site. NetGift's Furst said he expects sales through USATODAY.com to be brisk.

"The majority of USATODAY.com's users are both highly paid professionals and Internet-savvy," said Furst. "The median income of USATODAY.com users is almost $70,000 and 84% of them have shopped online in the past six months."

Visitors to USATODAY.com and other NetGift Registry network sites can list the gifts they want in the online registry. Family and friends can then access the registry anywhere via the Internet and buy those gifts at the click of a button. Users can also shop on the site without making a gift list.

"NetGift is different from other gift registries in that we offer over 340 different quality online merchants," said Furst. "with over 3 million different products to choose from, we are the world's largest gift registry."

Furst said USATODAY.com is only one of many different websites that makes up the NetGift Registry Network. According to Furst, by next month, NetGift will have permanent placement on other popular websites including NYTimes.com, Children's Miracle Network, Knight-Ridder's nationwide Real Cities Network, LATimes.com, Family Shoebox.com, WashingtonPost.com, and more top Internet sites.

"Our goal is to have the NetGift Registry in front of every user on the Internet," said Furst. "We're going to where the people are across the Internet."



Contact:

Susan Lavington
Director of Marketing
USATODAY.com
(703)276-3498
email: [email protected]

NetGift Press Contact:
NetGift Registry, Durham
Randall Gregg, 919/688-4488, ext. 111
[email protected]

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