European Internet Network Launches Y2K WATCH

Prague, October 5, 1999 -- European Internet Network, Inc. (EIN) has introduced special Y2K coverage for the emerging markets of Central & Eastern Europe, Russia and China.

EIN is providing extensive daily coverage of Y2K issues for journalists, media groups and news enthusiasts via the world wide web. Bookmark http://www.einmedia.com/Y2K as your one-stop portal for Y2K news and information from the emerging markets of Central & Eastern Europe, Russia and China.

EIN's special coverage will present daily news from Reuters and AFP wire services among other sources, Interactive Polling, Discussion Boards, Live Chat, Related Links and much more between October 5 and January 31, 2000. A regional network of volunteer Y2K WATCHERS will report from the field technical difficulties arising throughout these regions on New Year's Day, 2000.

What effect will Y2K have from Prague to Beijing?

Analysts are suggesting that China is lagging behind the rest of the world in addressing the problem of the Y2K bug and the U.S. State Department has published a report saying inland Chinese cities face potential Y2K computer problems affecting banking, communications, medical services and power. Hungarian and Polish capital markets are poised to fall as the year-end approaches due to a wide range of negative factors including the Y2K computer bug and elections in Russia, DG Bank said recently. Millennium bug problems in the energy industry have the potential to disrupt Russian gas supplies.

Visit Y2K WATCH every day at http://www.einmedia.com/Y2K

ABOUT EIN

The European Internet Network was launched in 1995 and is one of Europe's fastest-growing Internet publishing companies. EIN publishes three award-winning daily news and information sites, www.centraleurope.com, www.russiatoday.com and www.insidechina.com. These sites have become crucial resources for international English-speaking viewers who have business, cultural, academic, travel and other interests in Central & Eastern Europe, Russia and China.

EIN NETWORK SITES

Central Europe Online
Russia Today
Inside China Today

MEDIA CONTACT

David Rothstein
European Internet Network Inc.
Europe: (+420) (2) 2481 8892
USA: (301) 654-5122
david@einmedia.com
http://www.einmedia.com

"When it comes to in international events, sometimes even daily newspapers don't satisfy the avid reader. Russia-watchers who want the latest from the region should check out Russia Today." -Newsweek

"Russia Today and its parent service, Central Europe Online, are outstanding examples of online international news services catering to the specific informational needs of business and expatriate communities. " -- American Journalism Review