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Netscape and American Express Announce Two Year Multi-Million Dollar Sponsorship Agreement Targeting Small Businesses

  Agreement Brings American Express Services to the Netscape Small Business
                             Channel on Netcenter

    MOUNTAIN VIEW, Calif. and NEW YORK, June 16 /PRNewswire/ -- Netscape, a
subsidiary of America Online Inc. (NYSE: AOL) and the American Express Company
(NYSE: AXP) today announced a two-year multi-million dollar sponsorship
agreement that will bring American Express financial services to small
businesses through the Small Business Channel on Netcenter
(http://home.netscape.com/netcenter/smallbusiness/businessfinance/index.html).
With small businesses representing a third of Netscape Netcenter's 15 million
registrants, the Netscape Small Business Channel combined with American
Express services creates a powerful credit and finance resource for this
growing business community.
    Recently expanded in March, the Netscape Small Business Channel on
Netcenter simplifies the Internet and provides small businesses with easy
one-stop access to the quality content and tools they need in order to manage
and grow a successful business online. American Express will be a premier
sponsor within the Netscape Small Business Channel giving American Express
exposure through premier placements, banners ads and ad impressions. For
Netscape, the agreement secures a premier sponsor for the Business Finance
department, expands the range of "best-of-breed" services offered to small
businesses on the Netscape Small Business Channel and provides incentives to
Netscape for generating business for American Express. Financial terms of the
agreement were not disclosed.
    "With millions of users taking advantage of Netcenter offerings such as
the Small Business Channel -- the Netscape and American Express relationship
creates an excellent resource for small businesses," said Barry Schuler,
president of the AOL Interactive Services Group. "As a leader in worldwide
financial services, American Express, will offer products and services that
are consistent with our goal for the Netscape Small Business Channel -- to
simplify the Internet and help businesses manage and grow a successful
business online."
    "Through our relationship with Netscape and its leading portal Netcenter,
millions of small businesses will have the chance to discover the valuable
products and services available to them from American Express Small Business
Services," said Eileen Serra, senior vice president and general manager at
American Express. "This agreement will provide us with more opportunities to
reach the growing number of small businesses."
    Among the American Express services that will be featured on the Netscape
Small Business Channel are the company's small business charge cards, credit
cards, financial advisory services, small business lines of credit, equipment
financing and card acceptance services. To get details or sign up for a
particular American Express service, interested small business owners can
easily click on an American Express banner on Netcenter and link to the
appropriate section of the American Express Web site
(http://www.americanexpress.com.)
    American Express Small Business Services provides a wide range of credit
and capital products, as well as business management, accounting and travel
related services tailored to meet the unique needs of small firms. The Company
operates the Small Business Exchange, an on line community for entrepreneurs
that provides business advice, an extensive library of information and useful
interactive tools.
    American Express Company is a diversified worldwide travel, financial and
network services company founded in 1850. It is a world leader in charge and
credit cards, Travelers Cheques, travel, financial planning, business
services, insurance and international banking. For more information, visit
http://www.americanexpress.com
    Netscape Netcenter is Netscape's leading portal site, with more than
15 million registrants, provides users with a home base on the Internet. From
Netcenter, users can navigate the Internet, access a broad range of consumer
and business content and services and communicate with others online. The site
includes eighteen content channels, a set of leading-edge services including
the new Netscape-branded Search, Netscape Contact, Netscape SmartUpdate,
Software Download, Member Directory, My Netscape personalization service and
WebMail.
    Netscape is a leading provider of software and services for businesses
that want to transform the way they create and keep customers in the emerging
Net Economy. Recently acquired by America Online, Inc., Netscape is based in
Mountain View, California.
    Additional information on Netscape is available on the Internet at
http://home.netscape.com, by sending email to info@netscape.com, or by calling
corporate sales at 650-937-2555.

    NOTE:  Netscape, Netscape Navigator, Netscape Certificate Server, Netscape
FastTrack Server, Netscape ONE, SuiteSpot, and the Netscape N and Ship's Wheel
logos are registered trademarks of Netscape Communications Corporation in the
United States and other countries. Other Netscape logos, product names, and
service names are also trademarks of Netscape Communications Corporation,
which may be registered in other countries. Other product and brand names are
trademarks of their respective owners.


SOURCE Netscape Communications Corporation




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    CONTACT:
    Erin Schlough of Netscape, 650-937-2691, or
    erin@netscape.com; or Richard D'Ambrosio of American Express,
    212-640-4868, or richard.d'ambrosio@aexp.com