HomeShark, Quote.com Deal Offers Comprehensive Financial Resources; Adds Essential Mortgage Transaction to Other Financial Services Available to Quote.com Customers

Business Wire, June 4, 1998

SAN FRANCISCO--(BUSINESS WIRE)--June 4, 1998-- San Francisco based HomeShark(TM) Inc., the Internet's real estate gateway, today announced an exclusive partnership with Quote.com(TM) Inc., the leading Internet provider of financial market information for serious investors and the financial services industry.

The exclusive, multi-year arrangement makes HomeShark's leading homes and loans services available to Quote.com's investors through multiple access points on the site. Starting June 15, 1998, jointly-developed real estate and mortgage content, tools and services designed specifically for Quote.com customers will be accessible alongside information regarding mutual funds, trading and insurance.

"With the explosion of interest in real estate and mortgage services, more and more Web sites are looking to incorporate real-time, meaningful content and transactions in this area," Quote.com CEO Chris Cooper remarked.

"Financial information of the type that Quote.com provides empowers people to actively manage their investments. Because the home purchase is one of the largest single investments one can make, offering this resource to our customers to help them manage this aspect of their finances only makes sense. HomeShark offers us the opportunity to provide the leading discount mortgage and home listings services to continue to meet our customers high expectations."

Ned Hoyt, CEO of HomeShark, added, "HomeShark is constantly looking for customers who realize the power of the Web in managing their large investments and Quote.com's customers certainly have realized the potential of active investment management.

"We are pleased to be Quote.com's partner and we look forward to offering HomeShark's unique blend of real estate and mortgage content, tools, and transaction services from multiple access points to Quote.com's customers."

As the exclusive provider of real estate and mortgage information and services, HomeShark will give Quote.com's customers access to the leading online real estate resources, discount mortgages , and the only open home listings search engine, HomeShark's recently acquired HomeScout.

From the newly added Real Estate and Mortgage Services section of the site, customers looking for homes and loans will have instant access to over 800,000 homes for sale listings, current mortgage rate comparisons and recommendations, and discounted mortgages available through HomeShark's national lending partners.

As part of the agreement, HomeShark's HomeWatch service will also be integrated into Quote.com's "Quote" section of the site. Customers enrolling in the service will be able to track the value of their home, receive notification as to when it is a good time to refinance, and manage their home as an investment. Each HomeWatch profile will be tailored to specific client needs.

Finally, HomeShark will have high-visibility placement throughout the channel, as well as advertising space, and options to purchase key word advertising throughout the service.

HomeShark joins some of the best names in the financial community providing data to Quote.com users, including Reuters News, Standard & Poor's (S&P), Zacks Investment Research, PR Newswire, First Call, BusinessWire, Nelson's Publications, and Trendvest.

Additional HomeShark/HomeScout partnerships include, Excite/Classifieds 2000, MetaCrawler, Lycos.

About HomeShark Inc.

HomeShark Inc. (http://www.homeshark.com) is the Internet's real estate gateway, providing consumers with a better way to buy their home. HomeShark is the only online source for both discount mortgages and property listings, offering customers savings, convenience and superior service.

HomeShark enables users to search for homes and loans with targeted offerings including instant customized interest rate and loan comparisons, discounted mortgages from national lenders at less than half of traditional mortgage fees, the only open real estate listings search engine, property valuation tools, Realtor referrals, and comprehensive information for home buyers and owners.

HomeShark Inc. is headquartered at 118 King Street No. 226, San Francisco, CA 94107, phone 415/908-6420, fax 415/908-6430, e-mail info@homeshark.com.

About Quote.com

Quote.com Inc., founded in 1993, is a one-stop premier Internet service for serious investors, active traders and the financial services industry. The Quote.com Web site and Quote.com's software tools provide state-of-the-art integration for gathering, tracking, and analyzing investment information on virtually all financial instruments in real time, over the Internet.

The company serves more than 250,000 registered users at its http://www.quote.com site, and millions more through its network of affiliates and partners across the Internet. Key alliances include Charles Schwab, Waterhouse Securities, the Los Angeles Times, BusinessWeek Online and Netscape.

Quote.com Inc. is a privately-held company that is venture funded by Sequoia Capital Corp. of Menlo Park, Calif., Highland Capital Partners of Boston, BARRA Inc., of Berkeley, Calif., and Shawmut Capital of Boston.