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GuruNet Appoints Bruce Smith as VP Investor Relations and Strategic Development NEW YORK, July 28 /PRNewswire-FirstCall/ -- GuruNet Corporation (AMEX: GRU), creators of Answers.com(TM), the answer-based search engine, are pleased to announce the appointment of Bruce D. Smith, CFA, as the company's Vice President of Investor Relations and Strategic Development. Bruce will serve as the primary liaison to investors and analysts and will be a critical addition to the management team. Bruce has 24 years of experience in the investment industry and most recently was a Managing Director at the investment firm Archery Capital in New York. "Bruce brings to GuruNet strong capabilities and experience that will enhance the company's ability to successfully communicate with investors," said Bob Rosenschein, GuruNet's Founder and CEO. "Bruce was a sell-side analyst for over five years and brings the significant knowledge and perspective we need as we evolve and grow as a public company." Previously, Mr. Smith maintained coverage of Internet stocks for Jefferies and Company and Merrill Lynch. In this capacity, he was actively involved in the explosive growth in the early days of the Internet. Bruce was widely quoted in many news publications including the Wall Street Journal, Business Week and the New York Times. He also appeared frequently on CNBC, CNNfn and Bloomberg. "GuruNet is at the forefront of the next generation of Internet services. As we have seen over the last 10 years, new market leaders emerge to pioneer the way in introducing new features and functionality that enhance the user experience. I believe Answers.com is a groundbreaking service that can make a real impact on the industry," said Smith. "The opportunity for GuruNet is substantial, and I am delighted about being part of the executive team." Jay Bailey, who has coordinated investor relations since the company's IPO as part of his communications role, will be focusing on marketing and public relations. About GuruNet GuruNet Corporation (AMEX:GRU) operates a leading answer-based search engine,http://www.answers.com/. Founded in 1999 by Bob Rosenschein, GuruNet provides patented technology and software tools to access concise information on demand. For additional information, visit http://www.gurunet.com/. ANSWERS.COM and GURUNET are trademarks of GuruNet Corporation. All other marks belong to their respective owners. GuruNet Contact: Jay Bailey Director of Communications 888-248-9613 GuruNet Investor Relations: BPC Financial Marketing John Baldissera 800-368-1217 DATASOURCE: GuruNet Corporation CONTACT: GuruNet Contact: Jay Bailey, Director of Communications, 888-248-9613, GuruNet Investor Relations: BPC Financial Marketing, John Baldissera, 800-368-1217

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