Prosodie Interactive To Support and Host Two Industry Leading Consumer Luxury Items Ecommerce...

Business Editors/High Tech Writers

BOULOGNE-BILLANCOURT, France--(BUSINESS WIRE)--Sept. 4, 2002

Prosodie Interactive entered into a three year contract with two Group LVMH subsidiaries in the United States to host the eLUXURY and Sephora web sites. Under the terms of the agreement,

Prosodie Interactive acquired the related hosting resources; including personnel and equipment, from the Group LVMH subsidiaries. Prosodie Interactive established a new subsidiary, under the name of MGN INC., to provide Ecommerce hosting services to Group LVMH and other customers.

The eLUXURY web site (http://www.eluxury.com) offers a range of world famous designer luxury products (Apparel, shoes, handbags, cosmetics, fragrances, watches and jewelry, gourmet foods, gifts, etc.) from the most exclusive brands, including Louis Vuitton, Christian Dior, Fendi, Bvlgari, Baccarat and more.

The Sephora web site (http://www.sephora.com) offers a large selection of beauty products. Clients have easy access to 11000 products distributed under 230 brand names, from the most famous designers to the hard to find names. The site also offers advice and information to assist clients in making their product selections.

"MGN, INC.. will provide total maintenance of the web sites and host them on a robust, highly scalable Ecommerce platform that can be expanded rapidly to accomodate new hosting clients," explained Nicolas Dourassoff, CEO of Prosodie Interactive. At the present time the Ecommerce web hosting platform handles three million visitors and 50,000 purchase transactions per month.

Prosodie Interactive was established in 2001, by Prosodie SA (headquartered in France) to expand the parent company's online hosting services (voice, data and Internet) to North America. Prosodie also owns MGN SA, the fourth largest value added Internet and Intranet hosting service provider in France. LVMH has been one of MGN SA's largest and most valued customers for many years. The new agreement between Group LVMH and Prosodie Interactive will enable MGN to offer international hosting services and is expected to reinforce the synergy between the European and North American based operations.

About Prosodie:

PROSODIE is a fully licensed French Telecoms operator, specialising in CRM (Customer Relationship Management) services. PROSODIE has expertise in the technology of all terminals (fixed & mobile sets, computers, fax, minitel,) and is connected to most of the fixed & mobile operators and to various computer databases of private or public entities susch as banks, media, social security, railway companies, etc. PROSODIE provides the final user access to a full range of information and services after a simple identification and authentifiction procedure. PROSODIE Group is located in France, USA, Canada, Spain and Great Britain. PROSODIE was listed on the Nouveau Marche in Paris on November 17th, 1998. In 2001, PROSODIE had revenues of 121.1 million Euros and net income of 10.0 million Euros. PROSODIE is part of the ITCAC 50 of the SBF 250 indexes and has joined the NextEconomy segment of Euronext. Sicovam code: 6596.

    Contacts:

    Nicolas Dourassoff- CEO Prosodie Interactive- +1 610 941 29 32
    Andre Saint-Mleux- Chief Financial Officer- +33 1 46 84 11 64
    Media Relations-CICommunication- +33 1 47 23 90 48
    http://www.prosodie.com
    http://www.prosodieinteractive.com

About eLUXURY.com:

ELUXURY.com, Inc., is owned by LVMH (Moet, Hennessey, Louis Vuitton). eLUXURY is the ultimate destination to access the latest looks and hottest trends. From the designer fashions for women and men to gifts and to the world's best beauty lines, eLUXURY is the premier online source for stylish living. With online exclusives with such prestigious names as Louis Vuitton, Christian Dior, Celine, and Fendi, along with prestigious brands - DKNY, Marc Jacobs, John Galliano, Michael Kors, Bvlgari, La Perla, by Terry, Baccarat, and lots more -- eLUXURY redefines online shopping by bringing the most sought-after designer names to you. eLUXURY's corporate office is located in San Francisco at: One Front Street, 6th Floor San Francisco, CA 94111 If you have a public relations request or an interview request, please contact our Marketing Department at marketing@eluxury.com.

    For Fashion/Gifts/Consumer Press:
    Alison Brod Public Relations
    Alison Brod, +1 212.737.0593

    For Business Press:
    Kekst and Company
    ATTN: Hope Sidman +1 212.521.4870

About Sephora.com:

Sephora is a division of Moet Hennessy Louis Vuitton (LVMH), the world's leading luxury products group. Launched in October 1999, Sephora.com offers the largest and most diverse selection of beauty products on the Internet. For questions and information about Sephora.com, contact Sephora.com's Corporate Office at: Sephora.com, Inc. First Market Tower 525 Market Street, 3rd Floor San Francisco, CA 94105-2708 Telephone: +1 415-348-3200 Fax: +1 415-977-2946