theglobe.com Names New Chief Technology Officer

theglobe.com Names New Chief Technology Officer

NEW YORK--(BUSINESS WIRE)--Nov. 13, 2000--theglobe.com (Nasdaq:TGLO), a leading network of communities and home to games.theglobe.com, today announced that its Board of Directors has approved the promotion of Vance Huntley, a veteran of theglobe.com, to Chief Technology Officer.

Since joining theglobe.com in 1995, Huntley has presided over hosting operations and contributed to software development efforts. In 1997, he successfully restructured the Company's software development unit positioning it for future growth, while also focusing on building the Company's technology operations group. Huntley led the development of systems and network infrastructure to handle the Company's rapid growth in web traffic. He also led migration of acquired properties including WebJump and the Attitude Network.

Most recently, Huntley consolidated the Company's product development and technology operations groups. Moving forward, he will lead the Company's product development and distribution initiatives, in addition to managing its hosting operation and other technology infrastructure.

"theglobe.com is fortunate to have a professional of Vance's caliber at the helm of technology operations," stated Chuck Peck, Chief Executive Officer. "His brilliance and insight into technology and the industry overall, coupled with his dedication and genuine unwavering commitment to the success of theglobe.com, makes Vance an exceptional individual and someone who will certainly be value-added to the Company's senior management team going forward."

Huntley joined theglobe.com in August 1995 as Director of Technology. From 1991 to 1994, he held software development positions with Delta-Epsilon Software and the Cornell Institute of Social Economic Research. In 1994, he developed a Transmission Electron Microscopy simulation for the Cornell Materials Science Center while participating in the Applied & Engineering Physics program at Cornell University. In 1993, Huntley also served as a chip fabrication analyst National Semiconductor, and in 1990 he wrote simulation software at the Lawrence Livermore National Laboratory Supercomputing Center.

About theglobe.com Network

theglobe.com is a network of communities that specializes in bringing people together around shared topics of interest. The Company delivers "community" through customized community solutions to major web properties with our best of breed community products (e-mail clubs and web site building tools). The Company also owns the highly targeted leading games information community, games.theglobe.com, comprised of Happy Puppy, Kids Domain, Games Domain, Console Domain, Chips & Bits (e-commerce site), Computer Games Online and Computer Games Magazine. theglobe.com distributes community services and games content to RollingStone.com, CBS Sportsline.com, Time Warner's Road Runner, Alloy.com, AOL UK, Excite UK, Electronics Boutique UK, Netscape UK, DirectHit.com, OneMain.com and others. Advertisers include Disney, Sesame Street, Polaroid, Hewlett Packard, Oxy, Sega USA, Nintendo, Fox, Intel, Office Max and Sprint.

Safe Harbor--This press release contains financial information and includes forward-looking statements related to theglobe.com, Inc. that involve risks and uncertainties, including, but not limited to, the realization of expected cost savings and the effectiveness of the restructuring initiatives, the effectiveness of the direct marketing initiatives, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect theglobe.com's future results, please see the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations. Copies of these filings are available upon request from theglobe.com's investor relations department. theglobe.com, theglobe.com (logo), globeclubs or its subsidiaries, Happy Puppy, Kids Domain, Games Domain, and WebJump are service marks of theglobe.com, Inc.