Robert "Rob" W. Balazy appointed as CEO of Lycos Inc.

The mythical Lycos Inc., headquartered in Waltham, Massachusetts, announced today the appointment of Rob W. Balazy as its CEO. Lycos is owned by Indian media group Ybrant Digital since 2010.

Besides its well-known portal, Lycos Inc. has evolved with the changes in the digital landscape, encompassing various groups of community and social sites, including the successful games portal and web hosting service, supported by various in-house tools and applications allowing plug-and-play adaptability to social and mobile environments.

Balazy, who's been employed with Lycos in 2003, is coming back to lead the company with a successful record of M&A, Strategic Partnerships and product management with NameMedia, and Applied Semantics. Before joining Lycos, Rob was President and CEO of Inform Technologies Inc., a Spark Capital-backed developer of semantic web technology based in New York City.

"Rob is a very enthusiastic person, ready to embrace challenges in this dynamic market of global Digital Marketing.

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, 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.

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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: 2012-05-07