America Online and InfoSpace.Com Announce Agreement for a New Comprehensive Online White Pages Directory

August 28, 1998

Dulles, VA and Redmond, Wash, August 28, 1998 - America Online, the world's leading Internet online services company, and InfoSpace.com, Inc., a leading aggregator and syndicator of Web content, today announced an agreement for a new comprehensive online white pages directory to help AOL members and other Web users locate friends and family across the country. The new AOL White Pages powered by InfoSpace.com will be available on AOL, AOL.COM, the most visited consumer site on the Web, and AOL's Digital City, the nation's most popular local content network. InfoSpace.com will equip the new AOL White Pages with its industry-leading, constantly updated database encompassing the mailing addresses and telephone numbers of millions of people nationwide. Users of AOL White Pages can simply type in the name, city and state of the person they are seeking, and immediately receive the corresponding mailing address and telephone number. Under the three-year, multi-million dollar agreement, AOL will receive guaranteed minimum annual payments and warrants to purchase shares of InfoSpace.com. "We are very excited to team up with InfoSpace.com to bring our members and the millions more who use AOL.COM and Digital City this valuable new search feature," said Barry Schuler, President of AOL Interactive Services. "The new AOL White Pages will be an effective tool for better connecting the millions of people within AOL community and empowering them to find the people they want in a way that is easier, faster and more fun than the offline alternative. This practical new search capability is a huge stride in our mission to make the online world easier and more personal for the average American." Naveen Jain, Chief Executive Officer of InfoSpace.com added, "Our agreement with America Online offers us a tremendous opportunity to extend InfoSpace.com's award winning directory services and brand to the only truly mass market community online. This new relationship is a homerun for both companies, as well as for AOL's members and Internet visitors to AOL.COM and Digital City."

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