North Chelmsford, Mass., June 15, 2001 -
LookSmart (Nasdaq:LOOK) today
announced that it has signed an agreement with the leading contract
employment job board Net-Temps, expanding the company's presence in
the LookSmart Career Center.
"The Career Center is a great resource for those seeking the highest
quality temporary and permanent employment," said PJ Beaulac, Net-Temps
Director of Business Development. "We're able to provide job postings,
news and advice for both employers and candidates, thus extending our
content to millions of users across the largest search properties on the
LookSmart Resource Centers provide users with direct access to content
channels that appeal to their specific needs. They may be accessed
through any portal, ISP or media property that uses the LookSmart
directory. This includes Microsoft's MSN, Excite, AltaVista, iWon,
Prodigy, Time Warner and hundreds of additional ISPs. LookSmart
provides 13 Resource Centers ranging Real Estate and Automotive to
Shopping and Weather.
"We're pleased to build relationships with leading Internet marketers
and to provide them with an appropriate platform to deliver their
quality content across the LookSmart distribution network," said Dakota
Sullivan, vice president of marketing for LookSmart. "LookSmart Centers
provide convenient starting points for many user searches and, at the
same time, generate valuable revenue for LookSmart and our partners."
Net-Temps is ranked the number one online job posting board
in the Staffing industry serving direct placement and temporary
(contract) professionals and is consistently ranked in the top 10
websites with job postings based on traffic by Media Metrix and Neilson
Net Ratings. Net-Temps job posting service provides an effective means
for staffing agencies, human resource professionals and small business
executives to take advantage of electronic recruiting. Hundreds of
thousands of job seekers post resumes and search for jobs at no cost.
Jobs are organized into industry-specific employment channels making it
convenient to inquire about available positions and apply on-line.
Further information about Net-Temps is available at www.net-temps.com.
LookSmart helps more than 35,000 businesses harness the power of
Internet search to generate qualified leads. As the global leader in
building, distributing and monetizing Web directories, LookSmart
databases are searched 60 million times a day, through five of the top
10 portals, five of the top 10 ISPs and hundreds of additional ISP and
media partners worldwide. LookSmart's distribution network reaches 82
percent, or more than four out of five U.S. Internet users, through
Microsoft's MSN, Excite@Home, Alta Vista, iWon, Netscape Netcenter,
Inktomi, Time Warner, Prodigy, Juno, CNN, Road Runner, Cox Interactive
Media, InfoSpace, and Qwest. BTLookSmart, LookSmart's joint venture with
BT, deploys LookSmart wireless and Web directory solutions for ISPs,
portals and mobile Internet businesses across Europe and Asia-Pacific.
This press release contains forward-looking statements based on our
current expectations about our industry and our management's
assumptions. Actual results could differ for various reasons, such as;
the possibility that Resource Centers will not be utilized by Internet
end-users at projected rates; or our potential inability to generate
sufficient listings and advertising revenue to reach profitability when
planned; and other risks outlined in our annual report on Form 10-K and
quarterly reports on Form 10-Q filed with the Securities and Exchange