Intranet Service Proves Ideal Marketing Venue to Reach Small Businesses

BOSTON (May 8, 2000) - Intranets.com, the Web desktop of choice for small businesses and organizations, surpassed 200,000 registered sites today-reaching the milestone less than nine months since launching its free, online business applications, and less than three months since recording 100,000 registered sites.

"We continue to grow at an unprecedented rate," said Steve Crummey, president and CEO of Intranets.com. "Our users are not only using their free intranets to post information and communicate with colleagues and co-workers, but as an on-line desktop for conducting everyday business, like ordering office supplies and making travel arrangements. Our customers log close to 20 million minutes a month working on their intranets."

Intranets.com has proven to be an ideal venue for advertisers and partners searching for ways to reach the small business audience. The average Intranets.com user is a male between the age of 25-44, employed as an executive at a high technology company with about 50 employees.

"Intranets.com has become an enormous resource for me," said Lee Cline, owner of Whynotentertainment.com in Scottsdale, Arizona. "I use Intranets.com to communicate with my employees and with my customers. It gives me the applications and resources that at one time were available only to large companies-for free. As an entrepreneur, I can't lose."

Of the 200,000 Intranets.com sites registered with the US operations, nearly 25 percent are of international origins, including India, Australia, German and Scandinavia. An additional 20,000 sites have been created through Intranets.com's joint venture with Hikari Tsushin in Japan. Intranets.com, launched in August 1999 as an idealab! venture, allows businesses and organizations to automate their core business functions, while simplifying communication with tools like document sharing, calendar scheduling, hosted email, custom news delivery and personal vendor services.

About Intranets.com
Intranets.com is the world's leading provider of on-demand collaboration services for small businesses or departments and groups inside large organizations. The company serves more than 350,000 users across 10,000 companies worldwide and offers a secure, web-based collaboration suite to share critical business information quickly and easily at any time from anywhere. Privately held and profitable, Intranets.com is led by an experienced team of software industry professionals who are committed to providing a secure, customizable, easy-to-deploy intranet solution supported by world-class customer service. Intranets.com is a PC Magazine "Editor's Choice" winner and is rated one of the world's "Top 25" leading service providers by ASPNews. The company has also been ranked by the Boston Business Journal as one of the fastest growing private companies in Massachusetts for two consecutive years. For more information or to take a FREE 30-day test drive, visit http://www.intranets.com/pr, e-mail corpsales@intranets.com or call 888-932-2600 or 781-565-6000.

About idealab!
idealab! (www.idealab.com ) identifies, creates and operates Internet businesses. Founded in March 1996 by Bill Gross, idealab! currently has approximately 50 businesses in various stages of development. idealab! generates ideas for new Internet businesses and creates, capitalizes and operates a separate company to conduct each new business. Actively participating in the on-going operations of its network companies through board representation, information sharing and facilitating collaboration among the companies, idealab! also recruits management to oversee the day-to-day operations allowing senior management to concentrate on executing the business plan. Additionally, idealab! provides each operating company with a full range of operational support services including office space and the accompanying network infrastructure, technology, graphic design, marketing, competitive research, legal, accounting and business development services. idealab! public companies include eToys (Nasdaq: ETYS), GoTo.com (Nasdaq: GOTO), CitySearch (TMCS), NetZero (Nasdaq: NZRO) and Tickets.com (Nasdaq: TIXX).

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Press Contact:

Colin Smith
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408.566.5694

Intranets.com is a trademark of Intranets.com, Inc. idealab! is a registered trademark of idealab!, Inc. Inc.com and Click of Approval are trademarks of the Goldhirsh Group, Inc. Other product and company names herein may be trademarks of their respective owners.