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Lycos Continues Its Push Into Broadband Video By Teaming with blinkx To Offer New Lycos Video Search

WALTHAM, Mass.- Aug. 29, 2006 - LYCOS, Inc, (www.lycos.com), a leading entertainment destination for creators and consumers of quality content, and blinkx, the smartest and largest video search engine on the web, today announced the launch of the new LYCOS broadband search experience. 

The nearly 25 million visitors to LYCOS can now find broader search results from blinkx’s index of more than five million hours of searchable video content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more.

As LYCOS continues our push into building community around high-quality video content, giving users access to a best in class video search experience is critical, said Alfred Tolle, CEO of LYCOS, Inc. By teaming up with blinkx, we now offer our LYCOS visitors one of the top video search engines available on the web today.

We are very excited to be powering video search for LYCOS, one of the top 15 web properties worldwide, said Suranga Chandratillake, founder of blinkx.  As the web becomes more interactive and TV-like, search becomes the remote control.  Through blinkx’s patented speech and pattern recognition technologies, we are able to deliver better results than typical search engines, giving LYCOS users the ability to find, experience and share all forms of online video.

Today’s announcement fully compliments and supports LYCOS’s strategy to expand its products and services for broadband users.  Last month, LYCOS launched a new broadband platform bringing a variety of high-quality content to the LYCOS audience, providing consumers broadband video programming and entertainment with the look and feel of TV.

 

As the pioneer in video search technology, blinkx has built a reputation as the smartest way to search new forms of online content such as video. blinkx uses advanced speech recognition technology that delivers results that are more accurate and reliable than standard metadata-based keyword searches.

Under the terms of the LYCOS blinkx alliance, both companies will share revenue generated from search results.

About Lycos, Inc.

Lycos, Inc. (www.lycos.com) is a wholly owned subsidiary of Daum Communications Corp., a leading Internet portal and e-commerce destination in Korea with a growing presence throughout the Asian markets. Lycos, Inc. creates and operates search, community and technology lifestyle sites including Lycos.com, Hotbot.com, Wired.com, Tripod.com and Angelfire.com. Other Lycos products and sites include Lycos Mail, Lycos Games, Lycos Planet, Lycos Phone and GetRelevant. Lycos was acquired by Korean Daum Communications Corp. in October 2004 and has its U.S. headquarters in Waltham, Massachusetts. Daum Communications Corp. is traded on the KOSDAQ: 035720, www.daum.net.

2006 Lycos, Inc. Lycos is a registered trademark of Lycos, Inc. All other product or service marks mentioned herein are those of Daum Cmunications Corp., Lycos, Inc. or their respective owners.  All rights reserved.

About blinkx

blinkx.tv is the world’s most comprehensive video search engine. Today, blinkx.tv has indexed more than 5,000,000 hours of audio, video, viral and TV content, and made it fully searchable and available on demand. blinkx’s founders set out to solve a significant challenge - as TV and Garage Video on the Web explode, keyword-based search technologies only scratch the surface. blinkx’s patented search technologies listen to - and even see - the web, helping users enjoy a breadth and accuracy of search results not available elsewhere. In addition, blinkx powers the video search for many of the world’s most frequented sites. blinkx is a privately-held company based in San Francisco and London. More information is available at www.blinkx.tv.

Press Contact:

Tim Turpin
Sparkpr
+1 (415) 321 1894
tim.turpin@sparkpr.com