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Author: rolv Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 231  
Subject: nbci - new COO Date: 10/26/1999 10:34 AM
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EDMOND SANCTIS APPOINTED PRESIDENT AND COO OF PROPOSED NBC INTERNET INC. (NBCI)

SAN FRANCISCO, Oct 26, 1999 /PRNewswire via COMTEX/ -- Edmond Sanctis
has been appointed President and Chief Operating Officer (COO) of NBC
Internet Inc. (NBCi), pending closing of the transaction to form NBCi.
The announcement was made by NBCi Chief Executive Officer-designate,
Chris Kitze, current Chairman of XOOM.com Inc. (Nasdaq: XMCM), to whom
Sanctis will report. Sanctis previously served as Chief Operating
Officer of Snap.com, the Internet portal service from NBC and CNET.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990713/SNAPLOGO ) "There
is nobody else in the Internet industry who better understands both the
Internet and television businesses as well as Edmond Sanctis. He brings
to this new position an exemplary track record as a principal architect
of the constituent NBC and Snap businesses that will form NBC Internet
Inc. together with XOOM.com," said Kitze. "Edmond has done a remarkable
job growing Snap.com and leading it into the broadband arena, and is
just the right person to help guide NBCi into the next century."

On May 10, 1999, NBC, XOOM.com and CNET announced that NBC will merge
several of its key Internet assets with XOOM.com and Snap.com to form
one of the first publicly traded Internet companies combining these
services in a strategic relationship with a major broadcast television
network, subject to approval by stockholders of XOOM.com and other
customary conditions. The new company, to be called NBC Internet
(NBCi), will use Snap.com as its umbrella consumer brand, integrating
broadcast, portal, and e-commerce services.

As President and COO of the proposed NBC Internet Inc., Sanctis will be
responsible for the overall operation and management of the venture,
supervising the company's product, technology, business development,
broadband, sales, marketing, and human resources divisions.

Under his direction, Snap.com became the fastest-growing major Internet
portal from July 1998 to July 1999 and one of the first Internet portal
companies to launch a multimedia portal service for broadband and other
high-speed Internet users.

Prior to joining Snap.com, Sanctis was Senior Vice President and
General Manager, NBC Digital Productions, where he launched the
division and oversaw all phases of content development and production,
marketing, technology operations and advertising sales for the
Internet, enhanced broadcasting and other interactive platforms.

Sanctis has an extensive background in broadcasting and interactive
media, and helped launch MSNBC during his tenure at NBC, as well as
initiatives with Intel, WebTV, Wink and others. Sanctis first joined
NBC as a Management Associate, where he helped develop plans for the
reorganization of NBC Entertainment around a team-based structure.

Prior to working at NBC, Sanctis was a Communications Associate for
Sony USA. He also worked as a television reporter for several
television stations, including KVUE-TV in Texas, WTOC in Georgia and
WFMJ-TV in Ohio, where he was the winner of the Ohio Associated Press
Best Investigative Reporting Award.

Sanctis received an MBA from Columbia Business School in New York City
and is a graduate of the University of Maryland with a degree in
Journalism. He lives in the San Francisco Bay area, with his wife,
Shelly, and their children.

About Snap.com Snap.com, the Internet portal service company from NBC
and CNET (Nasdaq: CNET), operates the Snap.com flagship portal service
( http://www.snap.com ) and Snap.com For Higher-Speed Users (
http://speed.snap.com ), one of the first-ever rich media services of
its kind. Snap.com's Internet portal services offer users powerful ways
to organize and find anything on the Internet. Snap.com's Internet
portal services feature content from over 100 leading Web publishers,
and are distributed by more than 50 Internet Service Providers,
telephone and communications companies, PC manufacturers and
third-party marketers. At the heart of Snap.com's portal services is a
directory of Web sites and over 500 resource centers, built by a team
of editors and reviewers to ensure quality, freshness and usefulness.
Users may either search the Snap directory by using keywords, or browse
through the directory's 16 topic categories.

About XOOM.com, Inc. XOOM.com, Inc. (www.xoom.com) offers consumers
high-quality, free services over the Web, including homepage building,
chat rooms, message boards, HTML email, online greeting cards, a Web
page counter, clip art and downloadable software. XOOM.com has
pioneered direct e-commerce on the Internet by targeting its members
with product and service offers relevant to their needs and interests.
To date, the company has attracted more than 10 million members.
XOOM.com, which was founded in September 1996, is headquartered in San
Francisco and has offices in New York City, Los Angeles and Paris,
France.

SOURCE Snap.com
(C) 1999 PR Newswire. All rights reserved.
http://www.prnewswire.com

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