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CORRECTING and REPLACING Infospace Mobile and the Island Def Jam Music Group Produce First Live Ringtone at Hip Hop Sensation Ludacris' "Red Light District" CD

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CORRECTING and REPLACING InfoSpace Mobile and The Island Def Jam Music Group Produce First Live Ringtone at Hip Hop Sensation Ludacris' "Red Light District" CD CORRECTION...by InfoSpace Mobile ATLANTA--(BUSINESS WIRE)--Dec. 2, 2004--Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: INFOSPACE MOBILE AND THE ISLAND DEF JAM MUSIC GROUP PRODUCE FIRST LIVE RINGTONE AT HIP HOP SENSATION LUDACRIS' "RED LIGHT DISTRICT" CD RELEASE PARTY InfoSpace Mobile and The Island Def Jam Music Group are embarking on an industry first today as the leading producer of mobile content and top hip hop label will record and publish the first live music ringtone. The recording will take place at the CD release party for the award winning, multi-platinum Def Jam South artist Ludacris and his highly anticipated 4th album Red Light District tonight in Atlanta. "I wish all my fans could come to Atlanta for this party," said Ludacris. "This will be one of the only ways for my fans to hear me live before I tour!" The deal is indicative of how music artists are embracing the mobile medium as a means to extend their brands, interact with their fans on a personal level and create new revenue streams. In addition to recording four exclusive, live ringtones, InfoSpace Mobile will be offering consumers exclusive Ludacris images through its carrier partners. The first ringtone will be a live recording of the album's first single, "Get Back," and the exclusive images will be from the "Get Back" video, directed by renowned director, Spike Jonze. "For today's savvy fan, the lines between new music and technology are blurring at an astronomical rate," said Antonio "L.A." Reid, Chairman of the Island Def Jam Music Group. "Cellphone ringtones and graphic images are increasingly becoming competitive pieces of the overall marketing plan for our artists. There couldn't be a more exciting and innovative way to kick off the Red Light District campaign for Ludacris, and IDJ is proud to be on the cutting edge of this development once again." Increasingly, musical artists are looking to InfoSpace Mobile to create compelling mobile content promotions for new releases and tours. The company has worked with artists like Nelly, Usher and the performers at the VANS Warped Tour to bring fans and artists together, with ringtones, graphics and sweepstakes. The live recording of a performance at an exclusive CD Release party for Red Light District will give fans access to a Ludacris performance they otherwise would not have been able to hear. "Consumers are starving for unique, mobile content to make a fashion statement and express who they are," said Anthony Stonefield, Chief Strategy Officer InfoSpace Mobile. "At the same time, artists want to reach their fans in more intimate ways-- InfoSpace allows fans to literally carry their favorite artists in their pockets and interact with them many times a day. We are thrilled to work with Ludacris, one of the most popular hip hop artists ever, as we embark on this new milestone. " The recording in Atlanta is to support the release of Red Light District, the follow-up to the triple-platinum album, Chicken N Beer, which contained the Grammy nominated single, "Stand Up." InfoSpace Mobile will make this exclusive content offering available through most major North American mobile operators. About Island Def Jam Music Group The Island Def Jam Music Group is home to a multi-cultural and diverse family of artists and has fast become one of the most successful labels in the industry. It is comprised of Island Records, Def Jam Recordings and Def Soul, and is in partnerships with American Recordings, Lost Highway Records, Roc-A-Fella Records, The Inc, and Roadrunner Records. The roster boasts an array of talented artists including Mariah Carey, Patti Labelle, Elvis Costello, John Mellencamp, Melissa Etheridge, Jay-Z, LL Cool J, Bon Jovi, Ludacris, Ashanti, Kanye West, Ryan Adams, Nickelback, Musiq, Slipknot, Method Man, Hoobastank, Ja Rule, Sum 41, Slayer, Saliva and DMX. About InfoSpace Mobile™ InfoSpace Mobile™ is a leading provider and publisher of mobile content and applications that make it possible for media companies and content brands to reach a wide audience of wireless subscribers with compelling content and marketing promotions. InfoSpace Mobile's rich catalogue of entertainment, information and personalisation applications is designed to accelerate widespread adoption of mobile data applications by consumers. These applications and services can be managed and delivered through InfoSpace Mobile's platform that provides telco-grade solutions harmonised across all leading mobile technologies, networks, devices and mobile media formats. InfoSpace Mobile's customers include wireless operators, device manufacturers, retailers and entertainment companies. InfoSpace Mobile is a division of InfoSpace, Inc (NASDAQ: INSP). More information about InfoSpace Mobile can be found at www.infospacemobile.com. More information about InfoSpace Inc. can be found at www.infospaceinc.com. This release contains forward-looking statements regarding ringtones provided by InfoSpace's wireless business. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. 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 actual results include the extent of consumer adoption and usage of the ringtone products, the progress and development of future products, the ability to maintain license agreements with third-party licensors with respect to intellectual property embodied in the products, and the ability to enter and retain agreements with wireless carriers for distribution of products. A more detailed description of certain factors that could affect InfoSpace's actual results include, but are not limited to, those discussed in InfoSpace, Inc.'s most recent quarterly report on Form 10-Q, 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. OnPR for InfoSpace Mobile Jaimee Minney, 425.454.6843 (o) 206-390-6637 (m) [email protected] or Island Def Jam Jana Fleishman, 212-445-3298 [email protected] .
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