America Online, Inc. Names Paul Corvino Vice President and General Manager, Interactive Sales

DULLES, VA, July 8, 1998 - America Online, Inc. today announced that Paul Corvino has been named Vice President and General Manager, Interactive Sales, reporting to Myer Berlow, Senior Vice President, Interactive Marketing. AOL's Interactive Sales team is one of the largest advertising sales forces in the interactive world. Corvino joins the Interactive Marketing department from Cablevision Systems, where he served as Corporate Director of Sales. He was previously a Managing Director of Advertising Sales at the New York Times. At America Online, he will head up sales efforts supporting the company's range of interactive brands, including the flagship AOL service, CompuServe, AOL.com, AOL Instant Messenger, AOL NetFind and ICQ. Bob Pittman, President and Chief Operating Officer, said, "Paul Corvino brings a proven track record of successful sales management in leading media companies at a critical period in the development of AOL's multi-brand strategy. We'll depend on his skills in creating innovative sales strategies and packages as we continue to grow our non-subscription revenues, work to build an increasingly diverse ad base behind our brands and develop innovative new ways to utilize and package marketing opportunities across those brands that meet our customers' needs." "Paul Corvino has demonstrated an ability to develop a winning sales culture through far-sighted strategic planning, a commitment to ongoing sales and sales management training, innovative and productive incentive programs and effective recruiting," said Myer Berlow. "We look forward to his efforts to further strengthen the recently reorganized ad sales team supporting our unmatched stable of interactive brands, as well as to help instill an even greater focus on the needs of our marketing customers throughout the company." Under Corvino's leadership as head of nationwide subscriber sales from May 1995, Cablevision sales grew by almost $200 million. He was instrumental in developing and implementing a restructuring of the sales process and extending a sales culture beyond the traditional sales environment to service departments, including Customer Service and Engineering. In addition to his responsibilities for subscriber sales, Corvino spearheaded the sales effort behind the launch of online and telephony services via Cablevision's wired fiber-optic distribution. Before joining Cablevision, Corvino held various positions in the Advertising Sales Departments at The New York Times from 1981 through 1995, a period of dynamic change and expansion for the newspaper. In the role of Managing Director, Paul was responsible for retail advertising plus the development of marketing strategies for The New York Times newspaper, magazine, free-standing inserts and special sections.

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