Terra Lycos Teams with Skyways Communications for Delivery of Streaming Media

Two Massachusetts firms, Internet Giant, Terra Lycos and Skyways Communications have announced a partnership for Corporate Enterprise services including live Webcasting and content creation for online video. Skyways has been in business for 3 years as former TV Broadcasters from CBS/Boston, who will now provide all of the Terra Lycos U-S webcasting and corporate online video streaming services.

LYCOS ENTERPRISE SERVICES ADDS TURNKEY TELEVISION-CLASS STREAMING COMMUNICATIONS TO SUITE OF ENTERPRISE OFFERINGS

WALTHAM, Mass. -- August 19, 2002 -- Terra Lycos (NASDAQ: TRLY and Madrid Exchange: TRR), the largest global Internet network, today announced Lycos Enterprise Services (http://enterprise.lycos.com ) has expanded its offerings to corporate clients with the addition of television-class content creation from program design through production and distribution. Lycos Enterprise Services can now provide television studios, camera crews and editing facilities along with uplinking and streaming that clients can use to communicate financial results, launch new products, conduct training or other corporate communications. Terra Lycos teamed with Skyways Communications, LLC, a Boston-based video production and Webcasting firm to provide creative and technical support to this latest Enterprise Services venture.

Lycos Enterprise Services was launched earlier this year and offers managed hosting, enterprise search services, and enhanced functionality for commercial Web sites.

With the addition of Web broadcasting, Lycos Enterprise Services can now act as a single source for a companys most critical Web needs," said Bryan Burdick, vice president of portal services for Terra Lycos. Weve combined Terra Lycoss capabilities for reliable delivery of rich media on the Web with Skyways creative talent and broadcast expertise to deliver a viewing experience worthy of our clients brand reputations."

Lycos Enterprise Services new corporate streaming service offers a range of products including live and on-demand streaming, full video, synchronized slides, or audio-only broadcasts. The service provides a turnkey solution from site surveys, lights/camera/action and encoding to content distribution and promotion.

Businesses interested in learning more about Corporate Streaming can visit the Web site at http://enterprise.lycos.com, or email enterprise@corp.terralycos.com.

About Terra Lycos

Terra Lycos is the largest global Internet network operating in 43 countries in 20 languages, reaching 115 million unique monthly visitors worldwide. The group, which resulted from Terra Networks, S.A.s acquisition of Lycos, Inc. in October 2000, operates some of the most visited Web sites in the US, Canada, Europe, Asia and Latin America and is the largest access provider in Spain and Latin America.

The Terra Lycos network of sites includes Terra in 17 countries, Lycos in 26 countries as well as other sites such as Angelfire.com, Atrea.com, ATuHora.com, Azeler.es, Bumeran.com, Direcciona.es, Emplaza.com, Gamesville.com, HotBot.com, Ifigenia.com, Invertia.com, Lycos Zone, Maptel.com, Matchmaker.com, Quote.com, RagingBull.com, Rumbo.com, Tripod.com, Uno-e.com, and Wired News (Wired.com), among others.

With headquarters in Barcelona and operational units in Madrid and Boston, Terra Lycos is listed on the Madrid (TRR) stock exchange and on the NASDAQ (TRLY) electronic market. For more information, please visit our corporate Web site at http://www.terralycos.com.

About SkyWays Communications

Lu Ann Reeb and Scott Hess of CBS Boston co-founded Skyways Communications in April 1999. As former TV News professionals, they bring broadcast television talents and tools to make them available to national broadcasters, corporations and the internet. As a premium level Webcast provider, Skyways Communications has helped companies take their corporate message to a global audience, LIVE, on the internet. Their expertise in producing live television, combined with reliable streaming and distribution , produce a product that is unmatched in performance and quality. The Skyways staff has developed the same credible reputation in enterprise Webcasting as they have for network television.
For more information, please visit our corporate Web site at http://www.skyways.net.

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©2002 Lycos, Inc. Lycos® is a registered trademark of Carnegie Mellon. All other product or service marks mentioned herein are those of Terra Networks, S.A., Lycos, Inc. or their respective owners. All rights reserved.

Contact:

Brian PayeaTerra Lycos781-370-2885brian.payea@corp.terralycos.com