America Online and Infonautics to Offer Premium, Library-Quality Online Research Services In AOL's Workplace and Research & Learn Channels

March 23, 1998

Dulles, VA and Wayne, PA, March 23, 1998 - AOL Interactive Services, an Internet online services division of America Online, Inc. [NYSE:AOL], and Infonautics, Inc. [NASDAQ: INFO], the provider of award-winning online research services, today announced an agreement making Infonautics' Electric Library service the exclusive provider of premium consumer and small business-oriented research services promoted through anchor tenancies on the main screens of AOL's WorkPlace and Research & Learn Channels. Under the two-year agreement, Infonautics will pay AOL $4 million over the term of the agreement and AOL will receive a share of revenues from the AOL-based Electric Library services. Infonautics will offer AOL members access to information from Infonautics' comprehensive database of well-known publications and reference sources, including more than a thousand full-text newspapers and magazines; scores of reference books; transcripts from dozens of daily and weekly television and radio programs; more than 50,000 photos and images; more than 1,000 maps; book, movie and software reviews; works of literature; and complete encyclopedias, dictionaries and thesauruses. The Electric Library service offers a uniquely easy-to-use interface. It allows users to simply inquire about a subject in plain English, and receive back a list of relevant documents. Searches can be conducted broadly or fine-tuned, and results appear as complete, full-text articles, and are ranked by relevancy, date of publication and file size. Infonautics will offer AOL members a choice of two Electric Library services to meet their specific research needs: the Personal Edition, the original Electric Library service launched two years ago which offers unlimited access at $9.95 per month or $59.95 per year, and the Business Edition, a new service to be introduced on AOL in the coming weeks, which will offer unlimited access for $14.95 per month or $99.95 per year. The Business Edition will include specialized content focused on meeting the particular needs of small businesses and business users. Infonautics' research services are expected to be available on the AOL service beginning in mid-April. "As a pioneer in fast, affordable online research, Infonautics' state-of-the-art services will offer tremendous convenience and value to our members who rely on AOL for the best in research and information -- from students to small business owners, and everyone in between," said Barry Schuler, President, AOL Interactive Services. "Research that used to require a trip to the library, or cost hundreds of dollars through a professional research service, will soon be available to AOL members day or night, seven days a week - and at a very reasonable price. This service will be a great benefit to our members because of its terrific ease of use and competitively low cost." "We're very excited to be teaming with such a dominant force in the marketplace. This is truly a pivotal move for us," said Van Morris, president and COO of Infonautics, Inc. "Our goal is to achieve the broadest distribution possible for Electric Library, and America Online's leadership position and industry-defining marketing will help us achieve this objective. America Online represents a great partner with which to launch the Business Edition of Electric Library. In addition, AOL's well organized service will give us great distribution, and most importantly, will make it easy for people to find and use our services." Designed for small business owners, aspiring entrepreneurs, and people seeking to advance their careers, the AOL WorkPlace Channel has emerged as a leading business and career site in cyberspace. The WorkPlace Channel features Professional Forums, where professionals can meet clients, suppliers, and partners in more than 80 industries; Business Research where members can quickly gather data on companies, people, and industry trends; and Classifieds, offering one of the largest consolidations of job and business opportunities online. AOL's Research & Learn Channel provides one-stop shopping for people of all ages to conduct in-depth research on the most popular topics, get academic assistance, and learn more about topics of interest via online classes and engaging educational sources. Within the Channel, members can get live help on a wide range of subjects from teachers and experts; study through Courses Online, either for college credit or just for personal enrichment; access AOL's online encyclopedias, dictionaries, telephone directories and more.

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