[11694] in Commercialization & Privatization of the Internet

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Electronic Newsstand Interactive Media Award

daemon@ATHENA.MIT.EDU (Lisa Losito)
Thu Apr 14 01:45:54 1994

Date: Wed, 13 Apr 1994 14:42:28 -0400 (EDT)
From: Lisa Losito <lisa@access.digex.net>
Reply-To: Lisa Losito <lisa@access.digex.net>
To: com-priv@psi.com


The New Media Expo is going on right now in Los Angeles.  The Electronic 
Newsstand has received recognition for our efforts in creating a 
commercial service on the Internet.

Lisa Losito
Enews

release follows:

             THE ELECTRONIC NEWSSTAND WINS FIRST PLACE AT

             THE INTERACTIVE ADVERTISING AND MEDIA AWARDS


      (LOS ANGELES, CA, April 12, 1994) -- The Electronic Newsstand, a  
  Washington-based company founded last year to market magazines, books, 
  newsletters and business information via the global Internet, has won 
  first place in its category at the first-ever Interactive Advertising
  and Media Awards.

      The Electronic Newsstand, a popular service on the Internet, 
  received first-place honors in the category:  Direct Response
  On-Line Advertising and Marketing.  The awards, sponsored by Advertising
  Age, were presented earlier this evening at New Media Expo in Los Angeles.

      Jeffrey Dearth, founder and chief executive officer of The Electronic
  Newsstand, said, "I am absolutely delighted that a small entrepreneurial
  company like The Electronic Newsstand can compete and win in such a
  distinguished arena.  Credit should go to Rob Raisch of The Internet 
  Company and all of the others associated with this project who have 
  worked so hard since we started last July.  And, of course, thanks to 
  all of our clients who have taken a leap of faith to join us on this
  pioneering trail."

      The Electronic Newsstand was launched in July 1993 to provide the 
  more than 20 million users of the global Internet with the most current,
  interesting and entertaining articles from the world's leading magazine
  publishers.  Established with eight magazines, The Electronic Newsstand 
  now carries more than 80 titles.  

      During the first week of operation, The Newsstand was accessed by
  Internet users more than 2,000 times per day.  Today, The Newsstand is
  accessed by users more than 40,000 times per day and has sold magazine
  subscriptions in 18 different countries, including Australia, Canada,
  Croatia, England, Estonia, France, Hong Kong, India, Italy, Norway, 
  Poland, the Republic of China, Singapore and South Africa.

      In addition, The Electronic Newsstand Inc. opened The Electronic
  Bookstore and a section for Business Publications and Newsletters in 
  January 1994 and has also developed Business Information Centers. 

      A Business Information Center is a 24-hour selling platform that 
  places a company's information on the Internet for easy access by its
  customers and potential customers.  It's "informational" advertising 
  that allows corporations to provide substantive and comprehensive
  information about their products and services in a consumer-friendly
  format.

      Lufthansa Airlines and the Lincoln car division of Lincoln-Mercury
  are the first companies to create Business Information Centers within
  The Electronic Newsstand.  
		            
      Access to The Electronic Newsstand is free and available via gopher
  or telnet.  Please gopher enews.com or telnet enews.com and login as
  "enews."   Write to info@enews.com or call Lisa Losito at 202-466-8688
  for more detailed access information.

                                 - 30 -





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