LYCOS ENHANCES BROADBAND HIGH QUALITY VIDEO CONTENT WITH LAUNCH OF UPDATE HOLLYWOOD, WITH MARTIN GROVE

Gives users on-demand access to one of the best movie sites on the web, with trailers, clips, behind the scenes footage and exclusive interviews, for free

WALTHAM, Mass. - August 7, 2006 - LYCOS, Inc. (www.lycos.com), a leading entertainment destination for creators and consumers of quality content, and PermissionTV, a rapidly growing Internet television platform, today announced the launch of Update Hollywood now available on LYCOS Entertainment. Update Hollywood (http://www.updatehollywood.com/player.html) gives LYCOS viewers free access to the latest movie trailers, film clips, behind the scenes footage, DVD releases and exclusive celebrity interviews hosted by legendary Hollywood insider, Martin Grove. In June, LYCOS launched a platform to offer a variety of video programming to the LYCOS audience, reinforcing LYCOS's core strategy to provide consumers with high quality broadband video programming and entertainment with the look and feel of TV. "We are very pleased to offer our millions of LYCOS visitors high quality video content like Update Hollywood, providing a controllable on-demand viewing experience that feels like TV," said Alfred Tolle, CEO of LYCOS, Inc. "We will continue to acquire a wide range of on-demand content from episodic television, to independent films and programming, to long-form films, providing a totally unique broadband based video experience." Additional new programming also includes the independent short film parody, "The Norman Rockwell Code," (http://thenormanrockwellcode.lycos.com/player.html) a satirical look at the Hollywood blockbuster, "The Da Vinci Code." Recently included in Entertainment Weekly's Must-See List, "The Norman Rockwell Code" is written and directed by New Hampshire attorney Alfred Thomas Catalfo.

About PermissionTV

Based in Waltham, Massachusetts, PermissionTV (www.permissiontv.com) is a system for media companies and content owners to distribute high quality television programming via the Internet. Founded by seasoned television, media and technology veterans, PermissionTV is the first solution to combine the high-quality television viewing experience with the interactivity and permission marketing aspects of the Web. For more information on how to develop content for distribution at Lycos, contact Charlie White at PermissionTV, 781-419-9707 or go to www.permissiontv.com.

About Lycos, Inc.

Lycos is one of the original and most widely known Internet brands in the world, evolving from one of the first search engines on the web, into a comprehensive network of social media web sites that foster online communities.

Lycos has been a pioneer in intelligent spidering search technology, combining its proprietary technology with other best in class search services to provide a powerful and relevant search experience for its users.

Times change, and Lycos has changed with them, evolving into digital media power house with two major divisions

Lycos, is a network of easy to use community and social sites. Lycos's award-winning products and services include tools for blogging, web publishing and hosting, online games, e-mail, and search. The Lycos Network of sites and services include Lycos.com, Tripod, Angelfire, HotBot, Gamesville, WhoWhere, and Lycos Mail. Integrated, these sites help in bringing people together to interact, conduct commerce, have fun, and experience the best the Internet has to offer, is in our DNA. We offer 40 Local Sites in 120 Languages with a community spanning across 177 Countries. Lycos consistently averages 12 - 15 million monthly unique visitors in the U.S.

Lycos employs over 500 people working out of 24 offices worldwide, including the US, Argentina, Brazil, Chile, Uruguay, Mexico, the UK, France, Germany, Italy, Ukraine, Sweden, Serbia, Israel, China, Thailand, Panama, India, Emirates, Russia and Australia, and with representatives or partners in Spain, South Africa, and The Netherlands.

www.lycos.com

Media Contact

US PR Department
pr@lycos-inc.com

Disclaimer
This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behavior of financial and digital marketing industry, and fluctuations in exchange rates; from future integration of businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Date: 2006-08-07