SAN FRANCISCO, January 14, 2000 - CNET, Inc. (Nasdaq: CNET) today announced that Ted Cahall, formerly VP and Systems Director at Bank of America, joined the company as Chief Information Officer. The announcement was made by Richard Marino, President, CNET, Inc.
In his new role, Cahall will be responsible for the alignment of technology directives with CNET's business strategy. He will also manage the technology delivery and information systems divisions of CNET.
"We are thrilled to have Ted on board," stated Richard Marino, President of CNET. "Technology is the backbone of CNET's success. Ted's valuable experience will significantly contribute to the direction of CNET's dynamic growth as a leading media company."
Prior to joining CNET, Cahall held various management roles at Bank of America. Most recently, he lead the technical integration of the Internet Home Banking merger between Bank of America and NationsBank. Cahall managed and drove the technical definition, systems integration and development of the first successful U.S. banking Internet e-Bill Presentment and Payment implementation. Prior to Bank of America, Cahall held management positions at two technology venture capital start-up companies. Cahall began his career at AT&T Bell Laboratories where he developed several engineering systems and was awarded a U.S. Patent for systems performance analysis.
Cahall holds a BS and MS in electrical engineering and computer science from the University of Illinois and has completed executive MBA studies at UNC, Chapel Hill.
About CNET
CNET, Inc. is at the leading edge of media companies, producing a branded Internet network and television programming for both targeted and general audiences. Online and on television, CNET is the leading authority on computers, the Internet and digital technologies. CNET's network serves millions of users each day. CNET television programming airs on CNBC, USA Network, the Sci-Fi Channel and in national syndication, as well 61 foreign countries. CNET currently has investments in cash and marketable securities that today are valued at over $700 million including its 13 percent stake in NBC Internet Inc.
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Contact:
Sue Hesselbach
CNET, Inc.
415.364.8202
sueh@cnet.com