FINDWHAT.COM REPORTS REVENUE JUMP

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(May 15, 2001) -- Search engine FindWhat.com had a 62% increase in revenue for the first quarter of 2001 over the fourth quarter of 2000. For the quarter, FindWhat.com had revenue of $2,563,332, as compared to $1,579,713 for the fourth quarter ended Dec. 31, 2000. The net loss, not including a one-time loss on the sale of an advertising contract, and non-cash charges related to grants of stock, warrants, or options was $296,244, or 2 cents per share. Paid click-throughs on the search engine also increased 73% to 22.9 million from 13.2 million in the fourth quarter last year. -- Adrienne Mand

Copyright May 2001, Crain Communications Inc.

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