from the web site: 'eUniverse is one of the largest entertainment and media networks on the Internet serving over 50 million subscribers each month. The Company delivers fun and compelling diversionary entertainment that people use to communicate and connect along with providing users with a suite of value added products and services. People visit the network for animated content, newsletters, online greeting cards, streaming media, gaming, lifestyle matters, services, merchandise, and health & fitness information. eUniverse's web audience is consistently a monthly Top 15 Destination (Nielsen Netratings) overall on the Internet while the companies' email newsletters are received by over 50 million subscribers each month. The Company has over 35 newsletters in its portfolio covering such specific topics as sports, general news, technology, entertainment, business and finance. Two of the more popular newsletter groups are IntelligentX and InfoBeat, focusing on factual news delivery similar to traditional newspaper or magazine format. The Company's core strategy is to provide an ever increasing suite of compelling paid products and services to its user base, thereby continuing to increase the life time value of its users who transact on the network. The Company generates revenues by both selling products and services, while also offering 3rd party advertising on the eUniverse network.'