SOURCE: Lycos

May 19, 2008 10:00 ET

Lycos Sponsors Wireless Café in The American Pavilion at Cannes; Features Spotlight on Award-Winning Independent Films Now Available on Lycos Cinema

Voting Now Underway in 2008 Independent Features Film Festival Online Competition on Lycos Cinema

WALTHAM, MA--(Marketwire - May 19, 2008) - Lycos, Inc. (http://www.lycos.com), a leading provider of social publishing, media and search services, today announced from the Cannes Film Festival, its Wireless Café sponsorship in The American Pavilion at Cannes, and the launch of its Award-Winning Independent Film Spotlight now available on Lycos Cinema. Lycos's patent-pending synchronous Watch & Interact technology enables multiple users to view the same video at the same time with anyone, anywhere, at anytime -- all while chatting and socializing.

Lycos Cinema is sponsoring start pages on all computers available in the Wireless Café within the American Pavilion at the 2008 Cannes Film Festival. The Wireless Café is one of the most popular features of The American Pavilion; the venue where industry professionals turn to stay connected. Since 1989, The American Pavilion has been the hub of American activity at the Cannes Film Festival, serving as a communication and hospitality center for thousands of Americans in Cannes during the 12-day festival. The Pavilion provides great exposure to filmmakers, journalists and festival attendees, offering both a dynamic business environment and a comfortable place to relax.

"Independent film fans are a key audience for our Lycos Cinema community, and the Cyber Café at The American Pavilion in Cannes is an ideal venue for us to showcase what Lycos Cinema offers to independent filmmakers worldwide," said Chuck Ball, vice president of sales and marketing for Lycos, Inc. "With Lycos Cinema, independent producers and filmmakers reach international moviegoers, while independent film fans discover new voices and unique visions, and meet other global fans in the process."

Lycos Cinema's new spotlight on independent films now features award-winning titles from the most respected film festival audiences worldwide including Cannes, Sundance, Australian Film Institute, Slamdance Film Festival, New York International Independent Film & Video Festival, and many more.

For fans looking to discover the next great filmmaker or independent film, Lycos has teamed with IndependentFeatures.com, pioneer of the first independent film festival where film selection is done entirely online via a web-based competition. Voting is underway and runs through June 30th. The top 21 films will receive an invitation to the Independent Features Film Festival, July 25-27, 2008 at the acclaimed Tribeca Cinemas in NYC and will be available exclusively on Lycos Cinema.

This year, the online viewing and voting process has been significantly enhanced with the addition of Lycos's patent-pending synchronous Watch & Interact technology, enabling the public to screen, chat and vote for their favorite films alone or with a group of friends. Another new addition to the Independent Features festival will be several "special screenings" where a director, producer or talent will be in the screening room answering questions live.

Lycos re-introduced its Cinema community earlier this month, adding video on demand (VOD) rentals to its existing ad-supported Lycos Cinema content, greatly expanding the interactive social video viewing experience. Lycos Cinema is the only online social viewing experience to offer synchronous SimulStream community viewing, allowing users to come together to view film and other video content in public or private screening rooms, in four different screening modes, including both full and mini-screen modes. With the addition of VOD rentals, Lycos introduces a new StoreFront business model to compliment its free, advertising-supported content, providing a customized, studio boutique solution for the promotion of upcoming DVD and theatrical releases. The new Lycos Cinema player utilizes the latest in Flash Media Serving Technology, employing MPEG-4 to deliver H.264 streams, to provide higher video quality and offering better security for content partners.

Lycos first raised the curtain on Cinema in Nov. 2006 with the debut of the Internet's only video-based socialization product to combine various Web 2.0 applications into one platform, allowing multiple users to watch video synchronously and chat about the content in real-time. Since then, Lycos Cinema has powered several successful online viewing parties for first-run television programming, giving TV audiences the opportunity to watch their favorite shows synchronously with other friends and fans, chat in real-time while watching, and interact with their favorite show stars.

About Lycos, Inc.

Lycos, Inc. operates search and technology web sites that foster online communities, including the new Lycos Cinema community, bringing people together one flick at a time. Other Lycos products and sites include Lycos.com, Hotbot.com, Tripod.com, Angelfire.com, Gamesville.com, Lycos Mail, WhoWhere.com and The Lycos 50™. Lycos, Inc. (www.lycos.com) is a wholly owned subsidiary of Daum Communications Corp., a leading Internet portal and e-commerce destination in Korea with a growing presence throughout the Asian markets. Lycos was acquired by Korean Daum Communications Corp. in October 2004 and has its U.S. headquarters in Waltham, Massachusetts. Daum Communications Corp. is traded on the KOSDAQ: 035720, www.daum.net.

©2008 Lycos, Inc. Lycos® is a registered trademark of Lycos, Inc. All other product or service marks mentioned herein are those of Daum Communications Corp., Lycos, Inc. or their respective owners. All rights reserved.

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