WESTLAKE VILLAGE, Calif., Dec. 18, 2003 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), the nation's leading provider of value-priced Internet access services, today announced that its Board of Directors has approved a resolution changing the company's fiscal-year end from June 30 to December 31. The change is effective immediately, and financial information for the transition period will be presented in the company's Form 10-K filing for the six-month period ending December 31, 2003.
"The vast majority of companies in the Internet services industry report their financial results on a calendar-year basis," said Charles S. Hilliard, executive vice president and CFO of United Online. "We believe that conforming to a calendar year-end reporting cycle will help simplify comparisons of the company's performance relative to its peers."
About United Online
United Online, Inc. (Nasdaq:UNTD) is the nation's leading provider of value-priced Internet access services through its NetZero, Juno and BlueLight Internet consumer brands. The company's standard services are offered at less than half the standard monthly prices of its major competitors and are available in more than 6,500 cities across the United States and in Canada. The company is headquartered in Westlake Village, CA, with offices in New York City, San Francisco and Hyderabad, India. For more information about United Online and its Internet access services, please visit www.untd.com.