Answers.com Continues Growth Trend
April 13 2005 - 9:30AM
PR Newswire (US)
Answers.com Continues Growth Trend Management Pleased with Progress
as Industry Expands WESLEY HILLS, New York, April 13
/PRNewswire-FirstCall/ -- GuruNet Corporation (AMEX:GRU), creators
of the Answers.com reference-based search engine, announced today
the continued growth in query count to the site. Weekday queries
for the month of April thus far have reached an average of over two
million per day, as measured by the company's internal statistical
tools. "We are excited by the continued popularity and growth of
Answers.com," commented Bob Rosenschein, founder and CEO,
"especially in these days when other search engines have begun to
add limited reference snippets to their link-based systems. We
expect that Answers.com will maintain its value to users by
providing a broad scope of definitions and explanations,
attractively formatted, in a simple consolidated browser view.
We're working to enrich our current collection of more than one
million subjects, culled from over 100 credited sources." On the
issue of competition, Rosenschein added: "Answers.com is the
product of five years of editorial work, technology development,
and user-interface polishing, providing our users with the ultimate
version of the "Answers, not Links" promise. We believe that we
continue to offer the most attractive starting point for fact-based
searches. Finally, don't forget the 1-Click advantage. Only
Answers.com provides a download that lets you Alt-Click on any word
in any document to get a quick, accurate explanation." GuruNet had
previously announced, on March 1, 2005, that it had reached well
over one million queries per day, representing an increase of over
1000% since it announced its Answers.com product and ad-driven
business model on January 3, 2005. Cautionary Statement Some of the
statements included in this press release are forward-looking
statements that involve a number of risks and uncertainties. For
those statements, we claim the protection of the safe harbor for
forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995. Important factors may cause our
actual results to differ materially, including our inability to
increase the number of persons who use our products and the number
of partners who will generate increased traffic to our sites, and
other risk factors identified from time to time in our SEC reports,
including, but not limited to, the registration statement on Form
SB-2 filed in connection with our initial public offering in
October 2004, our annual report on Form 10-KSB filed in March 2005,
as amended and the registration statement on Form SB-2 filed
earlier this month. Any forward-looking statements set forth in
this news release speak only as of the date of this news release.
We do not intend to update any of these forward-looking statements
to reflect events or circumstances that occur after the date
hereof. This press release and prior releases are available at
http://www.gurunet.com/. The information in GuruNet's website is
not incorporated by reference into this press release and is
included as an inactive textual reference only. About GuruNet
GuruNet Corporation (AMEX:GRU) operates Answers.com, a leading
reference engine (http://www.answers.com/). Founded in 1999 by Bob
Rosenschein, GuruNet Corporation (http://www.gurunet.com/) provides
patented technology and software tools to access concise
information on demand. For additional information, visit
http://www.gurunet.com/. GuruNet Contact: Jay Bailey Director of
Communications +1-866-576-0352 GuruNet Investor Relations: BPC
Financial Marketing John Baldissera +1-800-368-1217 DATASOURCE:
GuruNet Corporation CONTACT: GuruNet Contact: , Jay Bailey,
Director of Communications, +1-866-576-0352; GuruNet Investor
Relations: BPC Financial Marketing, John Baldissera,
+1-800-368-1217
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