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Answers.com Continues Growth Trend
Management Pleased with Progress as Industry Expands
WESLEY HILLS, New York, April 13 /PRNewswire-FirstCall/ -- GuruNet Corporation
(AMEX:GRU), creators of the Answers.com reference-based search engine,
announced today the continued growth in query count to the site. Weekday
queries for the month of April thus far have reached an average of over two
million per day, as measured by the company's internal statistical tools.
"We are excited by the continued popularity and growth of Answers.com,"
commented Bob Rosenschein, founder and CEO, "especially in these days when
other search engines have begun to add limited reference snippets to their
link-based systems. We expect that Answers.com will maintain its value to users
by providing a broad scope of definitions and explanations, attractively
formatted, in a simple consolidated browser view. We're working to enrich our
current collection of more than one million subjects, culled from over 100
credited sources."
On the issue of competition, Rosenschein added: "Answers.com is the product of
five years of editorial work, technology development, and user-interface
polishing, providing our users with the ultimate version of the "Answers, not
Links" promise. We believe that we continue to offer the most attractive
starting point for fact-based searches. Finally, don't forget the 1-Click
advantage. Only Answers.com provides a download that lets you Alt-Click on any
word in any document to get a quick, accurate explanation."
GuruNet had previously announced, on March 1, 2005, that it had reached well
over one million queries per day, representing an increase of over 1000% since
it announced its Answers.com product and ad-driven business model on January 3,
2005.
Cautionary Statement
Some of the statements included in this press release are forward-looking
statements that involve a number of risks and uncertainties. For those
statements, we claim the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995.
Important factors may cause our actual results to differ materially, including
our inability to increase the number of persons who use our products and the
number of partners who will generate increased traffic to our sites, and other
risk factors identified from time to time in our SEC reports, including, but
not limited to, the registration statement on Form SB-2 filed in connection
with our initial public offering in October 2004, our annual report on Form
10-KSB filed in March 2005, as amended and the registration statement on Form
SB-2 filed earlier this month. Any forward-looking statements set forth in this
news release speak only as of the date of this news release. We do not intend
to update any of these forward-looking statements to reflect events or
circumstances that occur after the date hereof. This press release and prior
releases are available at http://www.gurunet.com/. The information in GuruNet's
website is not incorporated by reference into this press release and is
included as an inactive textual reference only.
About GuruNet
GuruNet Corporation (AMEX:GRU) operates Answers.com, a leading reference engine
(http://www.answers.com/). Founded in 1999 by Bob Rosenschein, GuruNet
Corporation (http://www.gurunet.com/) provides patented technology and software
tools to access concise information on demand. For additional information,
visit http://www.gurunet.com/.
GuruNet Contact:
Jay Bailey
Director of Communications
+1-866-576-0352
GuruNet Investor Relations:
BPC Financial Marketing
John Baldissera
+1-800-368-1217
DATASOURCE: GuruNet Corporation
CONTACT: GuruNet Contact: , Jay Bailey, Director of
Communications, +1-866-576-0352; GuruNet Investor Relations:
BPC Financial Marketing, John Baldissera, +1-800-368-1217