Homes.com Announces New Director to Add to Extensive Internet Experience On Board

Business Wire, March 29, 2000

Business Editors and High Tech Writers

MENLO PARK, Calif.--(BUSINESS WIRE)--March 29, 2000

President and CEO of Liquid Audio, Inc. Brings Extensive Experience Managing Successful Internet Companies to Leading

Real Estate Technology Company's Board

Homes.com announced today that Gerald W. Kearby, President and CEO of Liquid Audio (NASD:LQID) has joined its Board of Directors. Kearby brings a wealth of Internet experience to the company's leading technology initiatives for the real estate industry further enhancing Homes.com's strategy of providing a complete online community for the real estate industry.

"As the definitive provider of web-based solutions for the real estate industry, Homes.com is capitalizing on a major market opportunity which will have a substantial impact in the real estate industry by improving the process for both industry professionals and consumers," said Kearby. "I'm excited about joining the team and leveraging Homes.com's technology to support the next generation of real estate online."

Since January 1996, Mr. Kearby has served as president, chief executive officer and director of Liquid Audio, Inc., a leading provider of Internet software and services for delivering music online. Prior to Liquid Audio, Mr. Kearby was co-founder and chief executive officer of Integrated Media Systems, a manufacturer of computer-based professional audio equipment from June 1995 to December 1995. From January 1989 until June 1995, Mr. Kearby served as vice president of Sales and Marketing at Studer Editech Corporation, a professional audio recording equipment company. Mr. Kearby holds a B.A. in broadcast management and audio engineering from San Francisco State University.

"The addition of Gerry Kearby to our board of directors brings additional depth to our team of leading technology professionals," said Robert Prince, president and chief executive officer of Homes.com. "Very few individuals have the Internet experience that Gerry has. And we're looking forward to his contribution as we enable the real estate industry with the best products and services available."

About Homes.com.

Homes, Inc. is the premier Internet business solution provider enabling the real estate industry. The company provides a nexus for the entire real estate industry through offering an integrated set of market-making solutions designed to support next-generation real estate transactions online. These solutions coupled with Homes.com's network of industry professionals create the only online marketplace for real estate. By providing a nexus for the entire real estate industry to conduct transactions from the desktop, Homes.com is the clear leader in integrated market solutions for the real estate industry. Homes.com's proprietary technology will allow over 85,000 real estate industry professionals in its network to initiate, manage, and close real estate transactions online. The company derives its consumer base from a real estate and home ownership web center at www.homes.com, and delivers these qualified consumers to its network of web-enabled industry professionals. At www.homes.com, users benefit from a single resource of information and content with an integrated and highly personalized experience. From home buying and home selling, to mortgages, relocation and home improvement, homes.com provides advanced personalization tools to enable users with virtually any home-related resource.