FLASHNET COMMUNICATIONS

FlashNet is a nationwide provider of consumer Internet access and business services. They provide their Internet access services through a national network with 621 "points of presence" in 450 cities, covering approximately 70% of the U.S. population. Points of presence are local telephone numbers through which subscribers can access the Internet. They have entered into strategic network arrangements with PSINet and Level 3 Communications. To date, they have approximately 180,000 customers, including approximately 3,000 business customers. Their services offerings are tailored to the specific demands of both their consumer and business customers and include dial-up access, high speed access and other value-added services.