Boston Business Journal recognizes Intranets.com's success in driving revenue growth by offering easy-to-use and affordable online collaboration applications

Woburn, MA (March 2, 2004) - Intranets.com (www.intranets.com), the leading provider of on-demand collaboration services, today announced it was ranked third on the Boston Business Journal's annual list of the "Top 100 Fastest Growing Private Companies in Massachusetts." The companies were ranked based on percent of revenue growth from 2001 to 2003. During this time period, Intranets.com experienced a 200 percent revenue increase and has realized more than 30 consecutive months of revenue growth. This achievement represents the company's commitment to helping small-to-midsize businesses, project teams and groups within large organizations collaborate and share information in a more efficient way.

"The market for on-demand web services such as collaboration and conferencing is growing rapidly and we are signing new customers at a record pace this year," said Rick Faulk, CEO of Intranets.com. "From 2001-2003, we dramatically increased both our revenue and net income and we are on track to boost revenue by at least another 50% in 2004, while continuing to grow profits."

The company was also recently recognized by ASPNews, a source of news and analysis for the Application Service Provider (ASP) and Web services industry, as one of the world's "TOP 25" leading service providers. This acknowledgment signifies Intranets.com's substantial and active end-user customer base as well as its ability to demonstrate proven revenue streams. Intranets.com met all of the criteria set for the list, including being recognized as a leader by others within the industry and for its innovative approach to delivering software-based 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.

Press Contact:
Colin Smith
Director of Public Relations
408.566.5694

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