LowerMyBills.com Awarded ``Cool Site of the Day''; First Online Credit Card Comparison Database Unveiled

Business Wire, May 1, 2000

Business Editors/Internet Writers

LOS ANGELES--(BUSINESS WIRE)--May 1, 2000

Leading Consumer Cross-Savings(SM) Site Recognized For

Excellence As New Bill Category Premieres;

Record Number of Registered Users Recorded

LowerMyBills.com(SM), the first nationwide online consumer cross-savings(SM) center enabling consumers to research, compare and lower all recurring bills, announced it has been awarded today's "Cool Site of the Day" at www.coolsiteoftheday.com.

Additionally, LowerMyBills.com today announced the addition of its credit card comparison channel as the number of registered users of the site and its services surges past the 50,000 mark in the first four weeks since its official launch.

"We're excited LowerMyBills.com is being recognized as today's `Cool Site of the Day,' -- consumer response to LowerMyBills.com has been phenomenal," said Matt Coffin, founder and CEO, LowerMyBills.com. "With the introduction of the credit card comparison engine, consumers have yet another bill category they can research and lower, saving the time it would take to compare interest rates, special bonuses, fees and other promotions between a multitude of credit card providers out there."

Capturing its first industry award, LowerMyBills.com is "Cool Site of the Day" for May 1, 2000. The "Cool Site of the Day" award is given to new and existing Web sites demonstrating notable strides in innovation, content and design. Winners are announced daily at www.coolsiteoftheday.com. MSNBC recently touted "Cool Site of the Day" as the "`people's choice awards' to identify the coolest sites on the Internet and to disprove the notion that computer geeks can't dance."

Building upon a strong foundation of feature-rich channels of cross-savings services across all recurring bill categories, LowerMyBills.com has launched the full version of its online credit card comparison database, which offers consumers guidance in choosing from nearly 100 credit card providers, obtaining the lowest rates available, finding the best rewards plan and debt consolidation.

With LowerMyBills.com's unique comparison calculator, consumers can quickly compare their current cards against other available vendors and view potential savings instantly.

Setting its first record, LowerMyBills.com has reached the 50,000 registered users milestone in just its first four weeks since inception and expects more than 1 million consumers to register to use its cost-savings services by the end of the year.

The Yankee Group, a leading business analyst firm, recently called LowerMyBills.com "the best comparison service so far, with the most interesting marketing message."

About LowerMyBills.com

LowerMyBills.com (www.LowerMyBills.com) is the first nationwide online consumer services center enabling consumers to research, compare and lower all recurring bills on the Internet. Based in Los Angeles, LowerMyBills.com launched the full version of its site in April 2000 to empower consumers with a one-stop cross-savings solution to the mass confusion and time-consuming inconvenience of researching, comparing and switching utilities, long distance, wireless, ISP, credit card, television, loans and insurance providers. LowerMyBills.com and its services are free for the consumer.

In December 1999, LowerMyBills.com received a $4 million first round investment from eCompanies Venture Group, Santa Monica, Calif. eCompanies was founded by Sky Dayton, the founder of Earthlink, and Jake Winebaum, former head of Buena Vista Internet Group, Disney Inc. For more information, call 818/755-8800 or visit http://www.LowerMyBills.com.

Note to Editors: Product and company names herein may be the trademarks of their respective owners.