UGO Networks Selected to Co-Sponsor Online `X-Men' Sweepstakes.

NEW YORK--(BUSINESS WIRE)--Aug. 24, 1999--

Fox and Marvel Choose Key Partner Based Upon its Position as THE

Online Entertainment Destination for Guys

UGO Networks announced today that it has been selected by Fox and Marvel to co-sponsor an online sweepstakes for the soon-to-be-made movie, X-Men, based on the best-selling Marvel Comics characters, reaffirming its position as the leading online entertainment destination for guys.

Comprised of a network of more than 200 Web sites and wholly-owned properties in the Gaming, Music, and Film/TV categories, UGO is the most visited Web site by guys between the ages of 18-34. Last month, UGO reported that it attracted 3.35 million unique visitors and 70 million impressions. The network has experienced a 375% growth over the past six months and continues to grow at a rate of 62% per month.

"Co-hosting a sweepstakes with Marvel and Fox is a tremendous validation of the UGO brand and our strengths as the leading irreverent and revolutionary entertainment site for guys," said J. Moses, President and CEO of UGO. "We're honored to be sharing the space with such respected names in the industry, and to be playing a integral role in the promotion of X-Men."

"UGO communicates directly to our most sought after demographic," said Patrick Cuneo, CEO and President of Marvel Enterprises. "It was critical that the partner Marvel and Fox selected to co-sponsor the X-Men promotion was an established leader among the online audience, and that clearly is UGO." The sweepstakes, running until September 17th, will be hosted on all three of the sponsors Web sites: ugo.com, marvel.com and foxmovies.com.

UGO's users are uniquely suited to this kind of promotion. In research conducted by NPD Research this past June, it was confirmed that UGO's users are avid comic and adventure film enthusiasts, and it was found that more than half of UGO's users see movies the first weekend they are released. UGO's users are also very committed to online entertainment, accessing the Web an average of 47 times a month.

Twentieth Century Fox is a unit of Fox Filmed Entertainment, a unit of Fox Entertainment Group

Marvel Enterprises, Inc. is one of the world's most prominent entertainment companies, with operations in the licensing, comic book publishing and toy businesses. Through its ownership of 3,500 proprietary characters, the company has published comic books for over 60 years in the United States and numerous foreign countries. The company licenses the right to use its characters in a wide variety of products such as apparel, snack foods, video games and collectibles, as well as for television series and feature films. For additional company information, visit the company's Web site at www.marvel.com.

UGO Networks, Inc. is the leading online entertainment destination and media distribution company for guys between the ages of 18-34. Its products and services are comprised of more than 200 affiliate Web sites and wholly-owned Web properties, including GameDealer.com. UGO Networks is the Internet's largest PC and video game community. UGO.com is a multi-channeled network, catering to music games, film and TV enthusiasts. UGO Networks plays host to more than 3.35 million unique visitors.

UGO Networks is a registered trademark of UGO Networks, Inc. All other names are trademarks of their respective holders.