Article: Nippon Telegraph and Telephone Taps Wired Digital to Co-Develop Site; Japan's Largest Company Enters "Joint Research Agreement" to Secure Wired Digital Content and Web-Building Technology From Popular Online Media Developer; Wired Foresees This as the First of Several Partnerships Abroad.

SAN FRANCISCO--(BUSINESS WIRE)--Aug. 5, 1997--Today Wired Digital Inc., the online-media division of Wired Ventures Inc., announced a deal in which Nippon Telegraph and Telephone (NTT) will procure its content, web building technology, and brands to help create a Web site titled HotWired Japan (http://www.hotwired.co.jp).

Characterized by NTT as a "strategic research project," the HotWired Japan site is the first of several localized licensing deals that Wired Digital plans to undertake to reach the expanding global audience of Web enthusiasts who want to "Get Wired."

"As discussed recently in HotWired's first 'State of the Web' report ...

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