InfoSpace Launches Next Generation Meta-Search Product

BELLEVUE, Wash.--(BUSINESS WIRE)--May 6, 2002--

As part of its continued leadership in meta-search, InfoSpace, Inc. (:INSP), a provider of wireless and Internet software and application services, today announced the launch of its next generation meta-search product.

The new meta-search product can be accessed at both (www.excite.com) and WebCrawler (www.webcrawler.com). InfoSpace's meta-search technology allows users to search multiple engines at once, returning comprehensive and highly relevant results fast.

Designed to deliver the most applicable results at the right time, InfoSpace's next generation meta-search product is designed to identify the intent of a user's search. Because various search engines return better results for different types of queries, InfoSpace's proprietary meta-search algorithm sorts the results accordingly and then displays a blended mix of highly relevant commercial and non-commercial results for a given search.

The new InfoSpace meta-search product at Excite.com and WebCrawler.com will include results from leading search companies and properties, including FAST, AltaVista, Overture, About, Ask Jeeves, FindWhat, LookSmart, Sprinks, Open Directory and .

"Today's launch demonstrates our commitment to bringing together the best search results from many of the leading search engines, editorial Web directories and pay-for-performance properties in one convenient location on the Web for Internet users," said York Baur, InfoSpace executive vice president, wireline and broadband. "Our meta-search technology uniquely positions us in the marketplace both from a product and business perspective as it is a winning proposition for the Excite and WebCrawler user, as well as our other search relationships, and for InfoSpace."

InfoSpace purchased certain media assets, including the Excite.com and WebCrawler.com domain names, from Excite@Home late last year (Nov. 2001). The Company expects to recover the cost of this purchase by the end of the current quarter ending June 30, 2002.

In connection with the purchase, InfoSpace and iWon, now The Excite Network, entered into an agreement to work together with the goal of 'restoring Excite to its former glory,' according to Baur. Under the agreement, InfoSpace operates the search and directory components of the Excite.com Web site, and sold and/or licensed the portal's other components to The Excite Network.

About InfoSpace, Inc.

InfoSpace, Inc. (Nasdaq:INSP) provides wireless and Internet software and application services. The Company develops software technologies that enable customers to efficiently offer a broad array of network-based services under their own brand to any device. InfoSpace corporate information can be found at http://www.infospaceinc.com/.

This release contains forward-looking statements relating to the development of InfoSpace, Inc.'s products and services and future operating results, including statements regarding InfoSpace's next generation metasearch product, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect InfoSpace's actual results include the progress and costs of the development of our products and services and the timing of market acceptance of those products and services. A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in InfoSpace's Annual Report on Form 10-K, in the section entitled "Factors Affecting Our Operating Results, Business Prospects and Market Price of Stock." Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. InfoSpace undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. InfoSpace, Inc. Steve Stratz, 425/709-8167 [email protected]