Idealab! Venture Helps Record Number of Small Businesses and Organizations Communicate and Collaborate Online

Boston, Mass. (February 8, 2000) -- A cartoonist, film maker, clothing designer, business professor, law partner and Web designer are among the 100,000 business owners and professionals simplifying their business and group communications with a free intranet from Intranets.com.

Intranets.com (www.intranets.com), an idealab! venture and developer of the world's first free intranet portal, surpassed the 100,000-organization milestone today -- less than six months since launching the concept of a free, Web-based business tool.

"Our astounding growth rate tells us two things. One, we're delivering a service that people need and want. Two, our future is looking very bright," remarked Rick Faulk, Vice President of Marketing, Intranets.com. "Not only are people registering for the service, they're getting a great deal of use out of it. Last week for example, Intranets.com registered more than 8,000 new intranets, and our customers log nearly three million minutes per week on their free intranets."

Intranets.com allows businesses and organizations to automate their core business functions, while simplifying communication with tools like document sharing, calendar scheduling, custom news delivery and personal vendor services.

Joyce Leung is a production manager for Components by John McCoy, a clothing designer in New York City. She has been using her free intranet since November 1999 to share information and collaborate with her 12 employees stretched between New York and Italy.

"There is a six hour time difference between New York and Italy, so Intranets.com gives us a sure-fire method of sharing critical documents in a timely manner," Leung said. "Our intranet has become an important business tool and a place to share information that otherwise might not have been shared at all."

Grace Hines is the owner of the San Antonia Film Works, a full-service production company that produces TV shows, documentaries, corporate films and music videos. Hines uses her intranet to keep her network of 40 employees informed about new business proposals and ongoing special projects.

"It keeps everyone on the same page," Hines said. "In the past, getting in touch with people would involve making a dozen phone calls. There was always someone who wasn't called or didn't get the message soon enough. Now we don't have that problem."

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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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.