LYCOS Europe chooses GlobalCollect for Preferred Payment Service Partner

GlobalCollect, the leading payment service provider todayannounced it has been selected by LYCOS Europe to process the paymentsfor its web hosting, communication, community and access services.LYCOS Europe has already implemented the GlobalCollect online paymentplatform in Germany and the Netherlands and will roll out France, TheUnited Kingdom, Denmark, Spain, Sweden and Austria in the comingweeks.

With GlobalCollect, LYCOS Europe chooses to offer its customerswith a maximized comfort, enabling them to pay with local paymentmethods in local currencies as well as with all the majorinternational credit cards. GlobalCollect is the international PaymentService Provider offering the largest number of local payment optionsworldwide, enabling among other options bank transfers in over 50countries and Direct Debits in 10 countries.

Sven Krahn of LYCOS Europe says: "LYCOS chose GlobalCollect as itsstrategic payment service partner because it enables us to outsourceour payment collection in several European countries through onesingle technical and administrative payment interface."

Ronald Wallroth, Market Development Manager at GlobalCollect says:"We are warmly welcoming LYCOS Europe among GlobalCollect customersand are looking forward to a long term successful partnership."

About Lycos Europe

LYCOS Europe (Prime Standard:LCY)(Nouveau Marche:5770) is one ofthe leading European internet destinations operating a pan-Europeannetwork of websites in eight languages. The company's combination ofsearch, communication services, content channels, Internet access,homepage building and online communities addresses a wide range oftarget groups. The LYCOS Europe Network provides an attractive mediumnot only for consumers but also for advertisers and e-commercepartners throughout Europe. Every month about 22 million users visitthe LYCOS sites in Europe. Today, LYCOS Europe generates about 2billion page views each month. With a network of websites coveringAustria, Denmark, France, Germany, Great Britain, Italy, theNetherlands, Spain, Sweden and Switzerland, LYCOS Europe has a largegeographical reach in Europe.

About GlobalCollect

GlobalCollect provides international payment services for nonface-to-face businesses including Internet, mail and telephone order.For more than a decade, GlobalCollect has had successful track recordwith collection and reconciliation of payments, invoice printing anddistribution in over 200 countries. GlobalCollect's payment solutionsand its unique and still growing international banking network enablesbusinesses to accept the widest range of local payment methods inlocal currencies. Through one single technical and administrativeinterface, its online payment platform offers a combination of allmajor credit and debit cards, direct debits, cheques, bank transfersand invoices. The hands-on dedication of its highly experiencedprofessionals who anticipate the client's evolving needs establishesGlobalCollect as the preferred payment service provider. Founded in1994, GlobalCollect is a fully owned subsidiary of the publicly listedTNT N.V.

More information about GlobalCollect is available atwww.globalcollect.com.