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Redwood City, CA -- July 29, 1999 -- NetObjects, Inc. (NASDAQ:NETO) announced that in an effort to provide a comparison with analysts’ models, third quarter adjusted net loss of $0.30 per share if re-calculated on the basis of the 24.5 million shares outstanding of record on June 30, 1999 (assumed to be outstanding for the entire period) would have been a loss of $0.20 per share.
About NetObjects
NetObjects, Inc. (NASDAQ:NETO), majority owned by IBM (NYSE:IBM), is a leading provider of e-business software and services that enable small businesses as well as large-scale enterprises to build, deploy and maintain Web sites on the Internet and corporate intranets. The NetObjects product family includes NetObjects Fusion and NetObjects Authoring Server Suite. In addition, NetObjects offers its customers on-line solutions, including content, products and services to help them register, host, build, maintain and promote their Web sites.
For press inquiries, please contact:
Dawn Giusti, NetObjects, Inc., 650-482-3630, dawn@netobjects.com
Investor Relations Contact:
Julie Hawkins, NetObjects, Inc., 650-482-5260, julie@netobjects.com
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