DAG Media Signs Contract with Quik Internet to Rebuild its Website


NEW YORK, June 12 /PRNewswire/-- DAG Media, (Nasdaq: DAGM - news) announced today that Quik Internet (http://www.quik.com/) was engaged to rebuild, rename and promote its website. The new website will be named newyellow.com and will include the following new functions: a ``portal'' type Internet website, a National search capability for individuals as well as businesses using the database of infoUSA.com, web-based e-mail with user self sign up, search engine capability using the a major search engines, local city guides, a message board, chat capability, maps and directions, online website ordering system, links to affiliate websites and a New Yellow directory database with targeted banners relating to search and display ad capability for each listing in the directory.

``With the strong increases in demand for on-line advertising, we found that it's time to give our website a modern new look and upgrade it with top- of-the-line technology. We plan to use our expanding sales force to promote on-line advertising sales,'' said Assaf Ran, President and CEO of DAG Media. ``Our internal survey pointed at newyellow.com as a more attractive and user-friendly name for our website,'' added Mr. Ran.

DAG Media is a leading independent publisher of print and on-line yellow page directories. Their main market is the New York metropolitan area, a $300 million per year directory market. DAG Media is also publishing ethnic directories including the Jewish Yellow Pages. The new website is scheduled to go live in the beginning of September 2000.

Forward-looking statements in this release are made pursuant to the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products introduced by competitors, changes in the rates of subscriber acquisition and retention, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission

 

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