EXHIBIT 99.1
________________________________________________________________________________
FOR IMMEDIATE RELEASE
________________________________________________________________________________
For Information Contact: (000) 000-0000
Xxxxx Xxxx - ext.7225
Xxxx Xxxxxxxxxxx - ext. 7535
XxxxxxXxxx.xxx, Inc. Expands Responsibilities of Xxxxx Xxxxxxx
FORT LAUDERDALE, FL (April 17, 2002) - XxxxxxXxxx.xxx, Inc., (NASDAQ: SPLN), the
leading global Internet sports media company and publisher of CBS XxxxxxXxxx.xxx
(xxx.xxxxxxxxxx.xxx), today announced Xxxxx Xxxxxxx will take on expanded duties
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following the resignation of Xxx Xxxxxxxxxxxxxx, president of operations/chief
technology officer, to pursue other interests. Xx. Xxxxxxx, formerly president
of product development, is now president of operations and product development.
In his new role, Xx. Xxxxxxx will oversee operations and technology in addition
to his current role in charge of programming, production and fantasy products.
"Xxxxx has a unique set of skills as well as the leadership experience that
enables us to integrate our activities in these areas. This integration will
allow us to better identify and capitalize on growth and revenue opportunities
while controlling costs, as we move toward profitability," said Xxxxxxx Xxxx,
founder and CEO of XxxxxxXxxx.xxx. "We are grateful to Xxx for the many
contributions he made during the development of XxxxxxXxxx.xxx, and wish him
well in his future endeavors."
"I appreciate the confidence Xxxx has shown in me and am excited and energized
by this new challenge," said Xxxxxxx. "I look to draw on my experiences to help
lead SportsLine into its next phase of growth."
Xx. Xxxxxxx joined XxxxxxXxxx.xxx in December 1999 as vice president of fantasy,
when XxxxxxXxxx.xxx acquired the company he co-founded in 1995, Daedalus World
Wide Corporation (DWWC), the producer of Xxxxxxxxxxxx.xxx fantasy sports
products. He was promoted to president of product development, which added
oversight of programming and production in June 2001. Prior to founding DWWC,
Xx. Xxxxxxx was a systems and software developer for the investment banking
firms of Bankers Trust and Salomon Brothers.
Xx. Xxxxxxxxxxxxxx, who joined the Company as director of operations in May
1995, had served as president of operations/chief technology officer since
January 2001.
About XxxxxxXxxx.xxx, Inc.
XxxxxxXxxx.xxx, Inc. (NASDAQ:SPLN) is at the leading edge of media companies
providing Internet sports content, community and e-commerce on a global basis.
As the publisher of CBS XxxxxxXxxx.xxx and the official Web sites of the NFL and
the PGA TOUR, the Company serves as one of the most comprehensive sports
information sources available, containing an unmatched breadth and depth of
multimedia sports news, information, entertainment and merchandise.
XxxxxxXxxx.xxx also has strategic relationships with Major League Baseball and
the NBA, and serves as a primary sports content provider for America Online. In
1999, the Company commenced operations in Europe through Xxxxxx.xxx Limited,
Europe's leading Internet and mobile data provider of sports content.
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