Plaxo and Yahoo! to Provide Access to Yahoo! Search Directly from Outlook and Outlook Express

Plaxo to generate revenue from search-enabled email inboxes

May 13, 2004 (MOUNTAIN VIEW, Calif.) — Plaxo Inc., creator of the fastest growing contact management software and update network, today announced that Yahoo! Search will be featured in the upcoming new version of Plaxo Contacts™ software – Plaxo 2.0 – due out this month. Plaxo Contacts seamlessly integrates with the world's most widely used email applications, Microsoft Outlook and Outlook Express, making Yahoo! Search the first in its category to integrate with these email products.

The company also reports that it has surpassed the two million member mark and that more than 30 million unique users have accessed the Plaxo Network™ to date. The Plaxo Network is the first robust contacts infrastructure for Internet users and is fast becoming an important new layer of the Internet—like email, instant messaging and Web browsing.

Plaxo 2.0, with new Yahoo! Search technology, will enable Plaxo's users to conveniently search the Internet directly from their Outlook and Outlook Express email programs. The Yahoo! Search window will be embedded in the Plaxo tool bar within Microsoft Outlook and Outlook express email clients. The partnership also provides Plaxo with a new revenue stream beyond premium user services.

"Yahoo! is continually seeking new ways to bring ubiquitous search access to Internet users," said Tim Cadogan, vice president of Search at Yahoo, Inc. "By embedding Yahoo! Search in Plaxo 2.0, Yahoo! will facilitate seamless Internet searches for Plaxo.s fast-growing user base from within Outlook."

"Email and search are the two most popular activities online and we are pleased to team up with Yahoo! to bring these together in a single place - Plaxo 2.0," said Todd Masonis, co-founder and vice president of products, Plaxo Inc. "The most valuable Internet real-estate is not just in the Web-browser and desktop, but also in email, where users spend the majority of their time."

In addition to Yahoo! Search, Plaxo 2.0 will introduce numerous other enhancements, updates and features, to be announced soon.

About Plaxo

Plaxo Inc. is the creator of the fastest-growing contact management software, Plaxo 2.0. With more than 2 million installed users, and over 30 million unique users, Plaxo has created the critical network infrastructure that keeps users' address books connected on the Internet. Founded by Stanford engineers Todd Masonis and Cameron Ring, and former Napster co-founder Sean Parker, Plaxo Inc. is a privately held company funded by Sequoia Capital, Globespan Ventures, Harbinger Ventures, Ram Shriram, Tim Koogle and angel investors. For more information or to become a part of the Plaxo Network please visit www.plaxo.com

#      #      #