InfoSpace and ABCNEWS.com Announce Internet Search and Streaming Media Content Agreements

Business Wire, Feb 11, 2003

Business Editors

BELLEVUE, Wash. & NEW YORK--(BUSINESS WIRE)--Feb. 11, 2003

InfoSpace to provide ABCNEWS.com with meta-search capabilities,

powered by WebCrawler; ABCNEWS.com streaming audio and video content

to be distributed by InfoSpace

InfoSpace, Inc. (Nasdaq:INSP), a provider of wireless and Internet software and application services, and ABCNEWS.com, the 24-hour online news service of ABC News, today announced agreements in which InfoSpace will provide ABCNEWS.com next generation meta-search capabilities, powered by WebCrawler (www.webcrawler.com), and directory services, including Internet yellow and white pages.

In addition InfoSpace will distribute ABCNEWS.com streaming audio and video media content to Verizon Online.

InfoSpace's next generation meta-search technology allows users to search multiple search engines at once, returning the most comprehensive and relevant results fast. Launched earlier this year at WebCrawler, as well as at Excite Search (search.excite.com), Dogpile (www.dogpile.com) and MetaCrawler (www.metacrawler.com), InfoSpace meta-search integrates many of the Web's major search properties, including Google, FAST, Overture, About, Ask Jeeves, FindWhat, LookSmart, Open Directory and Inktomi.

Through InfoSpace's broadband media player application, Verizon Online Digital Subscriber Line (DSL) subscribers will now have access to premium video content from ABCNEWS.com including segments from World News Tonight, Good Morning America, 20/20 and Primetime Thursday. The InfoSpace Media Center is targeted towards broadband service providers and content companies, and is currently deployed to Verizon Online.

"ABCNEWS.com visitors depend on us for more than just news, which is why we believe that InfoSpace's WebCrawler meta-search capabilities are a compelling addition to ABCNEWS.com," said Bernard Gershon, senior vice president and general manager of ABCNEWS.com. "This deal also provides us an opportunity to deliver our rich audio and video news segments to new audiences."

"Our team has strived to develop a strong Web search product, and we're pleased to launch it on ABCNEWS.com, a premier destination for news on the Internet," said York Baur, InfoSpace executive vice president, wireline and broadband.

"Our distributed search product delivers comprehensive and relevant results, and a balanced and flexible business model to meet revenue needs," said Jim Voelker, chairman, CEO and president of InfoSpace.

About InfoSpace, Inc.

InfoSpace, Inc. (Nasdaq:INSP) provides wireless and Internet software and application services. The Company develops software technologies that enable customers to efficiently offer a broad array of network-based services under their own brand to any device. InfoSpace corporate information can be found at www.infospaceinc.com.

This release contains forward-looking statements relating to the development of InfoSpace, Inc.'s products and services and future operating results, including statements regarding InfoSpace's meta-search and content services agreement with ABCNEWS/Starwave Partners d/b/a ABCNEWS Internet Ventures, a New York general partnership, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. 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 InfoSpace's actual results include the progress and costs of the development of our products and services and the timing of market acceptance of those products and services. A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in InfoSpace'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.