AOL inks two marketing agreements

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America Online and iOwn, an online mortgage company, have signed a multiyear, multimillion-dollar agreement under which iOwn will be the exclusive provider of mortgage aggregation services in the Netcenter and Digital City Mortgage Centers and Real Estate areas of AOL. iOwn's mortgage-related services also will be available on a non-exclusive basis in certain other finance-related areas of Netcenter and Digital City.

In related news, AOL and MXG Media, a cross-media company focused exclusively on teen girls, signed a two-year, multimillion dollar agreement under which MXG will receive prominent placement on AOL, AOL.COM, Netcenter and CompuServe. MXGonline will be an anchor tenant in the Teen Products area of AOL's Shopping Channel, have a presence in both the Shoes and Accessories departments and also will be a sponsor in the Teen Lifestyles area on AOL, Netcenter Teens and Netcenter Music Channels.

Copyright July 1999, Crain Communications Inc.

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