News Release

Bolt Debuts on Verizon Wireless Mobile Web Service

Mobile Access to Interactive Tools Offered Through Partnership with Largest Wireless Provider

July 16, 2000

Leah Weatherspoon
212-620-5900 ext.284

Andrea Linskey
908-306-7845

Kristen Riddell
617-520-7058

New York — Verizon Wireless, the largest wireless communications provider in the US, and Bolt, a leading global communications platform for 15- to 20-year-olds, today announced an agreement to provide Bolt's proprietary tools via Mobile Web, a new nationwide service from Verizon Wireless which gives users access to Web-based information via cell phones and pagers.

Bolt will provide Verizon Wireless users with access to Bolt Everywhere™, the first teen wireless platform that enables two-way communication on any WAP-enabled mobile device using Bolt's proprietary tools and services such as Bolt Notes, Bolt Tagbooks and Bolt Polls. Bolt will be accessible under the "Entertainment" menu through Verizon Wireless' portal or from a user's handset.

"Teens are a highly connected, and extremely interactive demographic - as a group, they want to communicate with their peers through email, instant messaging, phones and pagers," said Dan Pelson, President and CEO of Bolt, Inc. "Through Bolt Everywhere™ and our partnership with Verizon Wireless, we provide the catalyst for our over three million members to accelerate their hyper-connectivity, making Verizon Wireless a more valuable service for their customers and our members."

"This agreement represents our commitment to introduce a complete range of customized information services for our Mobile Web customers. Bolt adds real value to the service, driving users to rely on their mobile phone as an indispensable communications tool that follows them anywhere," said Marc Lefar, Verizon Wireless' staff vice president, e-Business, Wireless Internet and Data Services. "Mobile Web users have the ability to completely customize their wireless Internet experience based on their personal interests and needs, so if staying connected with friends is critical to a user, they can easily access Bolt's platform to be in near-constant touch."

Verizon Wireless today launched its nationwide Mobile Web service, which combines the convenience and mobility of wireless communications with popular content from the World Wide Web. The Mobile Web service, which runs on Verizon Wireless' robust and reliable, coast-to-coast CDMA network, gives users access to the Web-based information they want via their wireless handset.

About Bolt

Bolt, Inc. is a leading integrated global communications platform for 15- to 20-year olds. Bolt has more than 3 million registered members worldwide and provides proprietary interactive tools and services that enable teens around the world to have a collective voice on what is important in their lives. The site offers its members free communication services including email, voice mail, voice chat, Tagbooks, People Search, Bolt Notes, message boards and instant messaging. Bolt has sites in the UK, Canada and Australia and is headquartered in New York City.

About Verizon Wireless

Verizon Wireless is the largest wireless communications provider in the U.S. with more than 25 million wireless voice and data customers and nearly 4 million paging customers. The new coast-to-coast wireless provider was formed by the combination of the U.S. wireless businesses of Bell Atlantic Corp. (NYSE:BEL), Vodafone AirTouch Plc (LSE:VOD; NYSE:VOD), and GTE Corp. (NYSE:GTE). The new company includes the assets of Bell Atlantic Mobile, AirTouch Cellular, GTE Wireless, PrimeCo Personal Communications and AirTouch Paging. The new company has a footprint covering nearly 90 percent of the U.S. population, 49 of the top 50 and 96 of the top 100 U.S. markets.

Verizon Wireless, headquartered in New York City and Bedminster, NJ, is 30,000 employees strong. Reporters and editors can find more information about the company in its Media Center on the Web at: http://www.verizonwireless.com/mediacenter.

####