Responding to User Demand, Intranets.com Introduces Premium Product Offering

BOSTON (April 16, 2001) - Responding to overwhelming user demand, Intranets.com today officially launched the enhanced, advertisement free Professional Edition of its Web-based intranet for small businesses and groups. Intranets.com provides hosted intranets to more than 400,000 businesses and groups, and will continue to offer its Standard Edition product in addition to the new Professional Edition.

The Professional Edition offers all of the applications available in the Standard Edition but with a set of premier applications, making it the optimal communication and collaboration solution available to small and medium-sized businesses and groups. Current Professional Edition features include a task manager, an expense report application, 100MB of storage, priority customer support and wireless access. SSL encryption will be available as an a la carte option on both the Standard and Professional Editions for an additional fee. "Intranets.com prides itself on responding to the needs of our customers," said Steve Crummey, president and CEO of Intranets.com. "We received requests for an intranet that is both free of ads and even richer in its application offering. After extensively polling our members, we decided to offer two tiers of intranet services in order to best address the varied needs of our user base. The Standard Edition continues to receive the upgrades that our users have become accustomed to, and the Professional Edition will receive premium updates, raising the bar for what a Web-based intranet should deliver." Intranets.com continues to build on its customer-centric legacy. During its 18 month history, Intranets.com has integrated numerous customer requested applications, such as threaded discussions and user polling, into its product upgrades. Both editions of the Web-based intranet will continue to receive regular, customer-centric application updates that Intranets.com users have come to expect. "Intranets.com already provides a valuable business tool with their Standard Edition, however I prefer to pay a fee in order to have access to the premium applications that they are offering with the Professional Edition," said Nacif Meriane, director at COGNICASE. "When compared to traditional out-of-the-box intranet solutions, the Professional Edition's fee is nominal and the applications are far richer." "As an Intranets.com partner, the Professional Edition gives us the opportunity to provide our customers with a prolific intranet at a low cost," said Martin Rothchild, CEO of Rothchild Corporation. "The Professional Edition also allows us to deliver customized content to our customers in a co-branded environment without the distraction of third party advertising. We have been using Intranets.com since 1999 and have never found any other service that comes close to matching the product or the first class service. Intranets.com is above and beyond anything on the Internet today. They have set the bar so high that it would be futile for any company to enter their market. Intranets.com got it right the first time!"

Pricing for the Professional Edition starts at $19.95 per month for up to four members, plus $5.00 per month for each additional member. To sign up for an Intranets.com intranet, please visit www.intranets.com, and select either the free Standard Edition or the new Professional Edition.

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
Director of Public Relations
408.566.5694

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