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October 15, 1998

COMPANY RESULT: EXCITE INC

By CBR Staff Writer

Excite Inc, the Redwood City, California-based internet portal company, has reported third quarter net losses of $6.8m down from losses last time of $8.2m on revenues up 176% at $44.0m; nine- month net losses were $39.7m up from losses last time of $28.4m on revenues up 198% at $100.0m. Second quarter and nine month figures include non-cash charges of $7.6m and $10.1m respectively for the amortization of payments made to Netscape Communications Corp.

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