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GetSmart.com Announces Faster, More Comprehensive CreditCardFinder; Powerful Search Capabilities and Expanded Card Selection Give Consumers Easy Access to Thousands of Cards

Business Wire, August 18, 1998

BURLINGAME, Calif.--(BUSINESS WIRE)--Aug. 18, 1998--GetSmart(SM), (http://www.getsmart.com) the online marketplace for consumer and business borrowing, today announced powerful navigational enhancements and the addition of hundreds of cards to its CreditCardFinder(SM). Consumers can now choose cards by preference including low rate cards, rewards cards, secured cards, student cards, corporate cards and more than 20 specialty categories. An advanced search function also enables users to rank their preferences and view the cards that best meet their specifications. Following selection, consumers can securely apply online.

"To date, CreditCardFinder has been a valuable online tool because it is unique in the marketplace," said Bill Fisher, chief executive officer from GetSmart. "The addition of hundreds of new cards combined with our advanced search capability fortifies the value proposition to consumers and strengthens GetSmart's position as the borrower's marketplace."

GetSmart.com is the borrower's marketplace, providing loan information and a lender connection, all in one location. GetSmart compares loan offerings from more than 100 lenders, and forwards more than 40,000 loan applications to these lenders each month. GetSmart's marketplace includes home loans, credit cards, debt consolidation products, auto loans and leases, student loans and small business financing. Each year consumers spend more than $500 billion on fees and costs associated with borrowing. In addition, 12 million small businesses in the US have over $250 billion in outstanding borrowing. GetSmart provides the information consumers and business owners need to help think through financing options while identifying loan products that will save time and money.

Founded in 1996, GetSmart.com is an online marketplace that helps consumers harness the power of information to make better borrowing decisions. GetSmart is headquartered in Burlingame, Calif. Investors include Reuters, Goldman Sachs, Silicon Valley investor Roger McNamee, Intuit co-founder Tom Proulx, and the Robertson Stephens Group. In addition to Tom Proulx, active members of the board of directors include former MasterCard CEO Pete Hart and former Bank of America Vice Chairman Luke Helms.

CONTACT: GetSmart.com

John McNamara, 650/524-1805

johnm@getsmart.com

or

Pacifico Inc.

Anne Smith, 408/293-8600

asmith@pacifico.com

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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