Ask.com Selected to Power LYCOS Network Search
Multi-Year Agreement Calls for Ask.com to Provide Search and Advertising Across the LYCOS NetworkOAKLAND, Calif. and WALTHAM, Mass. - November 1, 2006 - Ask.com, a wholly-owned business of IAC/InterActiveCorp (NASDAQ: IACI) and LYCOS, Inc.(www.lycos.com), a leading web portal, today announced a multi-year agreement whereby Ask.com will be the search and sponsored listings provider for the LYCOS Network, including LYCOS.com, Hotbot.com, Tripod.com and Angelfire.com. Under the terms of the agreement, Ask.com will provide branded algorithmic search, including Web Search, Image Search, and Zoom Related Search, as well as the Ask Sponsored Listings advertising product across the LYCOS Network. LYCOS is the fifth most popular portal in the U.S., consistently ranked as a top 20 U.S. Web property, with more than 6 million monthly unique visitors using LYCOS Network Search. In addition, LYCOS will transition its current sponsored listings advertisers currently using its pay-per-click platform, InSite AdBuyer, to Ask Sponsored Listings, and will promote the Ask.com PPC product to advertisers throughout the LYCOS Network. "We selected Ask.com over other providers because of its great search technology and tools like Zoom related search, which cannot be found on other engines," said Brian Kalinowski, chief operating officer, LYCOS, Inc. "By partnering with Ask.com, we aim to deliver a world-class search experience to our millions of LYCOS users." "Ask.com has worked very hard to develop one of a kind search technology and search features that help users get the information they want more quickly," said Jim Lanzone, CEO of Ask.com. "With stiff competition in the marketplace for syndication deals, we are pleased that LYCOS recognized the merits of our search technology and advertising products. This new relationship will enable Ask.com to broaden its search offering to new users while also increasing the reach of Ask Sponsored Listings inventory." Under the agreement, Ask.com will provide the following: * Web Search - Delivers highly relevant search results through its ExpertRank proprietary algorithmic search technology, which ranks results based on popularity within topic communities on the Web, rather than mere link popularity. * Image Search - Combines Ask.com's proprietary index of pictures with ExpertRank and patent-pending image search technologies to deliver dramatically improved relevance and quality of search results. Ask.com Image Search has been touted by some as best of class for searching the Image Web. * Zoom Related Search - Offers conceptually-related suggestions to narrow or expand a search query. Zoom related search is placed on the right side of the search results page where most search engines place advertisements. No other search engine has the ability to offer conceptually-related suggestions. * Ask Sponsored Listings (ASL) Search Advertising - Provides highly relevant keyword-targeted, pay-per-click advertising. Advertisers bid for placement through Ask.com's automated open-auction system that also allows marketers to manage and optimize campaigns on Ask.com and its publisher network. ASL sources more than 5 billion queries each month, and supports over 10,000 advertisers bidding on more than 10 million keywords.
About Ask.comA leading search engine on the Web, Ask.com combines world-class search technology with one-of-a-kind search tools to help people get what they are looking for faster. Ask.com sites include Ask.com US (www.Ask.com), Ask.com Deutschland, Ask.com Espana, Ask.com France, Ask.com Italia, Ask.com Japan, Ask.com Nederlands and Ask.com UK. Additionally, Ask.com syndicates its search technology and advertising units to a network of affiliate partners. Ask.com is a division of IAC Search & Media, a wholly-owned business of IAC/InterActiveCorp (NASDAQ: IACI). Ask.com b-roll footage is available at www.thenewsmarket.com/ask.
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
US PR Department
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.