CNET ZW Data Action Technologies Inc

CNET Networks, Inc. (Nasdaq:CNET) announced today that they received a Notice of Acceleration from the Trustee on behalf of the Holders of their $125 million 0.75% Convertible Senior Notes. CNET Networks received a Notice of Acceleration because of a failure to file�its second quarter 2006 Form 10-Q with the Trustee within 60 days after its�receipt�of a�Notice of Default on August 25, 2006. CNET Networks will pay the Notes due at their par amount together with accrued and unpaid interest, and fees and expenses, to the Trustee. The Company has sufficient liquidity to pay off the Convertible Senior Notes. Cash and investment balances, including net receivables, amounted to over $215 million as of September 30, 2006. In addition, CNET Networks has in place a $60.0 million, 1-year credit agreement with Bank of America. About CNET Networks CNET Networks, Inc. (Nasdaq: CNET, www.cnetnetworks.com) is an interactive media company that builds brands for people and the things they are passionate about, such as gaming, music, entertainment, technology, business, food, and parenting. The Company�s leading brands include CNET, GameSpot, TV.com, MP3.com, Webshots, CHOW, ZDNet and TechRepublic. Founded in 1993, CNET Networks has a strong presence in the US, Asia and Europe. CNET Networks, Inc. (Nasdaq:CNET) announced today that they received a Notice of Acceleration from the Trustee on behalf of the Holders of their $125 million 0.75% Convertible Senior Notes. CNET Networks received a Notice of Acceleration because of a failure to file its second quarter 2006 Form 10-Q with the Trustee within 60 days after its receipt of a Notice of Default on August 25, 2006. CNET Networks will pay the Notes due at their par amount together with accrued and unpaid interest, and fees and expenses, to the Trustee. The Company has sufficient liquidity to pay off the Convertible Senior Notes. Cash and investment balances, including net receivables, amounted to over $215 million as of September 30, 2006. In addition, CNET Networks has in place a $60.0 million, 1-year credit agreement with Bank of America. About CNET Networks CNET Networks, Inc. (Nasdaq: CNET, www.cnetnetworks.com) is an interactive media company that builds brands for people and the things they are passionate about, such as gaming, music, entertainment, technology, business, food, and parenting. The Company's leading brands include CNET, GameSpot, TV.com, MP3.com, Webshots, CHOW, ZDNet and TechRepublic. Founded in 1993, CNET Networks has a strong presence in the US, Asia and Europe.