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 September 1, 1999

Russell 3000G Index adds Boulder’s MessageMedia

BOULDER — MessageMedia Inc. (NASDAQ: MESG), a leading provider of e-mail-based customer management and direct marketing services, has been selected by Frank Russell Company to be added to its Russell 3000G Index.

The Russell 3000G Index, which, according to the company, represents about 98 percent of the investable U.S. equity market, measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

At each annual reconstitution period, on May 31, the Russell 3000G Index ranks U.S. common stocks from largest to smallest market capitalization to identify additions and deletions.

“Becoming a part of the Russell 3000G Index is a clear indication of the growth MessageMedia has demonstrated,´ said Mary Beth Loesch, vice president of corporate development for MessageMedia. “Over the past year, MessageMedia has gained key customers and strategic partners in addition to building an exceptional management team. All of this has fueled market acceptance of our services.”

MessageMedia’s customer portfolio includes clients from the financial services, publishing, direct marketing, retailing and e-commerce industries. Clients include E*TRADE, Reader’s Digest, GeoCities, Intuit, CMP Media, Yahoo!, Barclays Bank and Bertelsmann.

SOFTBANK and its affiliates own about 49 percent of the outstanding common stock of MessageMedia. Pequot Capital Management, a Connecticut-based investment firm with more than $5 billion in assets under management, is also a major investor in MessageMedia.

BOULDER — MessageMedia Inc. (NASDAQ: MESG), a leading provider of e-mail-based customer management and direct marketing services, has been selected by Frank Russell Company to be added to its Russell 3000G Index.

The Russell 3000G Index, which, according to the company, represents about 98 percent of the investable U.S. equity market, measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

At each annual reconstitution period, on May 31, the Russell 3000G Index ranks U.S. common stocks from largest to smallest market capitalization to identify additions and deletions.

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