Netscape.com Introduces Exciting New Look, Along With New Version of Netscape Search and All New Radio@Netscape

MOUNTAIN VIEW, CA, May 22, 2002 -- Netscape Communications, a subsidiary of America Online, Inc. (NYSE: AOL), today announced the Preview Release of Netscape 7.0, the latest version of Netscape's browser software, designed to allow consumers to get the most from their time online. In addition, Netscape announced the redesign of its popular Netscape.com web site, featuring richer graphics and a streamlined design throughout the site that showcases best-of-the-Web content from AOL Time Warner online properties and other leading content partners. With the Preview Release of the Netscape 7.0 browser, Netscape has taken web browsing and communications to a new level of convenience, efficiency and Web standards compliance.

Netscape 7.0 is optimized for the activities people most frequently engage in on the Web -- browsing, searching, communicating, downloading, shopping, and listening to music. Along with an unmatched level of customization and convenience, Netscape 7.0 delivers enhanced performance and stability with a fine-tuned Netscape Gecko browser engine that speeds the most common online activities. Netscape 7.0 Preview Release offers consumers a faster, more convenient experience through features such as "Quick Launch," which speeds the start-up time for the browser and allows consumers to get online faster than ever.

Within Navigator, timesaving new features such as Tabbed Browsing, Click-to-Search and Download Manager make the online experience more efficient and enjoyable than ever before. More powerful Netscape Mail enables consumers to efficiently organize and manage all their online communications, with enhancements such as Quick Search and simplified Mail Filters. AOL Instant Messenger (AIM), the number one instant messenger with more than 150 million registered users, is available through Netscape 7.0, meaning online friends, family and co-workers are always just one click away. Netscape 7.0 also features the new Radio@Netscape accessible right from the toolbar, so Web music fans can easily select and play stations that match their tastes.

The Preview Release of Netscape 7.0 is available for free download at: http://www.netscape.com/browsers. For additional information on Netscape 7.0 key features and enhancements, please refer to the fact sheet at the end of this text. "The Netscape 7.0 browser, together with the redesigned Netscape.com, creates real value for consumers by putting the tools, services and content consumers most often use right at their fingertips, in a fully integrated way," said Joel Davidson, executive vice president of AOL's Web Properties Group. "By providing a true one-stop home on the Web, Netscape is offering a new level of convenience, efficiency and utility."

"Netscape 7.0 enables consumers to get the most from their time online with new features that let them manage the breadth of their activities on the Web. Users are doing more of their daily tasks and communications online and Netscape 7.0 efficiently allows them to manage the activities they most frequently engage in," said Laura Yecies, vice president of Netscape's Client Product Division.

Netscape.com Redesign

Netscape.com, which currently attracts 20 million unique visitors per month, has been enhanced to provide consumers with easy access to the best content on the Web, as well as improved navigation throughout the site and one-click access to the tools and services they use most, such as Search, Webmail, AIM, Radio@Netscape and MapQuest.

The redesigned Netscape.com features compelling content from across the AOL Time Warner online universe as well as other best-of-the-Web partners such as CBS MarketWatch.com. Leading news, business and entertainment coverage from CNN.com, Time.com and Entertainment Weekly is prominently displayed at the top of the Netscape.com homepage, while interactive features such as instant messaging and polls bring visitors even closer to the subject at hand. Netscape.com makes it easy for visitors who are enjoying celebrity news to find out about the latest movies and then purchase tickets through a link to Moviefone.com. Moreover, they can invite friends by sending an instant message with AIM or ICQ, and get directions to the theater using MapQuest.

Within the new Netscape.com site, ten new content areas (News, Sports, Money, Music, Entertainment, Love & Personals, Movies, Fun, Games, and Celebrity) have replaced the previous channel lineup for improved navigation and faster, more intuitive access to the content areas and editorial offerings that Netscape visitors most often seek. In addition to providing a rewarding user experience, these new content areas increase efficiency and drive more traffic through shared editorial programming and prevalent links directly to other popular AOL Time Warner web sites.

Additionally, the new and improved Toolbar featured across the top of the Netscape.com site allows quick and easy access to the tools and services that visitors use most, including the new and improved Netscape Search, Webmail, AIM, Radio@Netscape and MapQuest. Netscape Search An enhanced Netscape Search powered by Google features a number of product upgrades including a streamlined design and integration of relevant editorial content from AOL Time Warner properties.

Powered by Google's industry-leading search technology, Netscape Search offers users easy access to highly-relevant search results from multiple locations both on the Internet and directly from Netscape browsers. Netscape Search has been reengineered to provide relevant editorial results from leading AOL Time Warner properties including Time and CNN. Visually redesigned to incorporate the new Netscape.com look and feel, Netscape Search is also integrated into the Preview Release of Netscape 7.0, taking advantage of the browser's new Click-to-Search feature and its popular "My Sidebar" search tab. With Click-to-Search, users can initiate a search from any web page by simply highlighting and clicking on the desired text, making it unnecessary to open a separate search engine.

Radio@Netscape and Netscape Music

With Netscape 7.0 and the redesigned Netscape.com, there are more opportunities than ever for music fans to discover, experience and buy music on the Web. Radio@Netscape is Netscape's first integrated radio product that gives Web music fans a convenient way to find their favorite music anytime online right from the toolbar at Netscape.com and Netscape 7.0 Preview Release. Radio@Netscape features over 175 stations spanning all genres and eras - from Pop to Classical and Disco to Awesome 80s to Hip Hop, as well as exclusive programming including more than 40 Celebrity DJs stations. Radio@Netscape and Netscape.com's redesigned Music area (http://music.netscape.com) enable music fans to watch world premiere videos, hear First Listen singles from top artists before they are available anywhere else, tune in to Listening Parties and stay on top of the latest music news, peruse hot photo galleries, participate in polls, and much more.

"We are very excited to introduce Radio@Netscape, our first fully integrated Web radio product, and a completely redesigned Music area on Netscape.com," said Kevin Conroy, SVP and General Manager of AOL Music. "Now, with one-click access to top quality audio programming as well as the latest music information, new releases, video debuts, listening parties and so much more, consumers on the Web know they can go to Netscape for a comprehensive music experience. This marks an important step in the extension of AOL Music's integrated approach to music programming, products and services across AOL's family of brands."

As the leading provider of Internet tools, services and content for the web at large audience, Netscape recently reached a landmark 52 million registered users, up more than 35 percent from the same period last year. Among the top ten most visited Web sites and top five portals worldwide, Netscape currently reaches 17 percent of the U.S. online audience. Netscape 7.0 Preview Release key features and enhancements include:

***Fast, Efficient Browsing
Ç Tabbed Browsing -- Lets users keep track of multiple sites or pages at once by presenting a number of sites as tabbed pages within a single browser window. Users can easily click between pages using a tabbed interface. Tabs allow users to browse the Web faster-and stay organized.
Ç Bookmark Groups -- Users can open their favorite sites within Tabbed Browsing then file them as a Bookmark Group -- a timesaving way to keep track of and load a set of frequently visited pages.
Ç Full Screen Mode -- Allows users to maximize screen space, allowing them to see more of a Web page when necessary. This feature is particularly useful when viewing Web content on laptops or smaller desktop screens.
Ç Downloading and Saving Files -- Netscape 7.0 allows users to download multiple files at once and reliably pause and resume a download if the connection is interrupted or the connection needs to be used to make a phone call. The new Download Manager keeps track of downloads from one place, allowing users to view information on the status of their downloads, the percentage complete, download location, source, time remaining and more.
Ç Click-to-Search -- Allows users to easily run a search on any word or phrase in the text of a web page without having to leave that page. Users simply highlight the word or phrase using their mouse and choose "Web Search". Results appear in a separate window and in the Search tab in My Sidebar.
Ç Printing -- New Print Preview and Page Set-up tools ensure that "what you see is what you print." New tools provide more control over the output, sizing, margins, scale and even headers and footers.

***Powerful, Feature-Rich Email and Integrated AIM
Ç Fast and Efficient -- Netscape's fastest email product ever, Netscape 7.0 allows users to compose and reply to messages faster than the leading competitor. Finding an email address or a message buried in the inbox is faster and easier than ever with the Quick Search feature. Typing only a few letters in the Quick Search field displays matching results, based on the subject line or sender, immediately.
Ç Mail Alerts -- Mail Alerts give discreet notification of new mail messages over the user's system tray, even if Netscape 7.0 isn't open on the desktop.
Ç Mail Filters -- Simplified Mail Filters offer an easy and highly customizable way to organize mail, or quickly identify and send unwanted "Spam" to the trash.
Ç Get Directions -- The new "Get Map" feature allows users to get directions and maps from their Netscape 7.0 Address Book with one click. The "Get Map" button on address cards within a user's Address Book serves up immediate results from MapQuest.
Ç Easy Install -- Importing email from other programs is quick and simple. Netscape 7.0 offers all-in-one import of email messages, account settings and address books from other mail programs, including Eudora, Outlook and Outlook Express.
Ç AIM -- AIM within Netscape 7.0 now includes several new features that make it more convenient and customizable than ever. AIM is available in all the components of Netscape 7.0, so whether in Navigator, Mail or Composer, users have constant and immediate access to their online buddies.
Ç Quick Start -- By choosing "Sign-in at Launch," AIM starts up in a slim, stand alone window even before the browser has launched, allowing users to start instant messaging immediately after they connect to the Internet.
Ç Buddy Icons and Alerts - Buddy Icons allow users to express their personality or mood and provide a fun and simple way to personalize instant messages. Users can choose from hundreds of available icons, including favorite cartoon characters and other animated images. Or, users can create their own icon and import it into AIM. AIM for Netscape 7.0 also allows users to set up alerts to indicate when specific buddies get online or go offline, via a sound alert or a Buddy Alert window.
Ç File Transfer -- Need to get a file to someone fast? AIM now lets users transfer files directly from PC to PC to anyone on their Buddy List.