JAMES BARKSDALE JOINS NETSCAPE COMMUNICATIONS AS PRESIDENT AND CEO

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SENIOR MANAGEMENT TEAM OF INTERNET SOFTWARE COMPANY NOW IN PLACE

Netscape Communications was founded in April 1994 by Jim Clark and Marc Andreessen. Over its nine-month history, the company has been assembling a management team that now includes senior executives with experience from a variety of computer software and Fortune 500 companies.

"Jim Barksdale has the exceptional leadership and management experience required to run a fast-growing company," said Jim Clark, chairman of Netscape Communications. "He has provided excellent guidance as a member of our board of directors over the past few months, and I am delighted to have him take control of this exciting venture. With Barksdale as CEO, Netscape has the potential to become an even more important force in the marketplace. I look forward to helping him in whatever capacity I can."

Barksdale served as CEO of AT&T Wireless Services since September 1994, following the merger of AT&T and McCaw Cellular Communications, Inc. In that position, he oversaw the daily operations of the business, guiding AT&T's efforts to maintain a leadership role in wireless communications. From January 1992 until the merger, he held the positions of president and chief operating officer of McCaw, a company with revenues that exceeded $2 billion in 1993.

Prior to McCaw, Barksdale spent twelve years with Federal Express Corporation of Memphis, Tennessee. From 1979 to 1983 he served as chief information officer, overseeing the development and implementation of the company's world renowned customer service and package tracking systems. In 1983, he became executive vice president and chief operating officer.

After his appointment to that role, the company grew from $1 billion to $7.7 billion in revenues and expanded operations to 135 countries. Under his leadership, Federal Express also became the first service company to receive the Malcolm Baldridge National Quality Award. Barksdale serves on the boards of 3Com Corporation, The Promus Companies, and Netscape Communications.

Barksdale will lead Netscape's management team which includes:

• Marc Andreessen, vice president of technology. Andreessen co-founded and is on the board of directors of Netscape Communications. He holds a B.S. in Computer Science from the University of Illinois. Andreessen provides technical vision for the company.

• Todd Rulon-Miller, vice president of sales and support. Before joining Netscape in October 1994, Rulon-Miller served as president and CEO of Software Alliance for two years. Previously, he spent six years as vice president of North American Operations at NeXT, Inc.

• Mike Homer, vice president of marketing. Prior to joining Netscape in October 1994, Homer served as vice president of engineering at EO Corporation since 1993, and as vice president of marketing at GO Corporation from 1991 to 1993. Before that, he worked at Apple Computer, Inc. for nine years in a variety of technical and marketing positions.

• Rick Schell, vice president of engineering. Dr. Schell, who joined Netscape in October 1994, previously spent more than two years as vice president / general manager of the Central Point Division of Symantec Corporation. Prior to that, he was vice president, Languages and dBase, at Borland International from 1989 to 1993. He has also held a variety of management positions at Sun Microsystems and Intel Corporation.

• Jim Sha, vice president / general manager of Integrated Applications. Before coming to Netscape Communications in August 1994, Sha spent four years as vice president of the UNIX Division of Oracle Corporation. From 1986 to 1990, he was vice president / general manager of the Advanced Systems Division of Wyse Technology.

• Kandis Malefyt, vice president of human resources. Before joining the company in December 1994, Malefyt was director of human resources at Silicon Graphics, Inc. for six years. Prior to that she served as vice president of human resources at ISI in Philadelphia.

Netscape Communications, the Netscape Communications logo, Netscape, Netscape Commerce Server, Netscape Communications Server, Netscape Proxy Server and Netscape News Server are trademarks of Netscape Communications Corporation. NCSA Mosaic is a trademark of the University of Illinois. All other product names are trademarks of their respective companies.