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| GuruNet
Launches Answers.com Providing Instant Reference Answers |
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Ad-Driven Free Site Replaces Subscription-Based
Service
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Not
Just a Website. Enjoy
the power of Answers.com in any program. 1-Click Answers brings you
instant information about any word on your screen, whether you're working
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GuruNet Corporation
(AMEX: GRU),
a leading provider of integrated online reference information, today announced
the release of Answers.com, a site-and-software
combination providing instant reference answers rather than lists of search
engine links. GuruNet Corporation, through its Answers.com
site, plans to generate revenues from ads placed alongside its topic entries,
rather than from the subscription fees it previously charged for the use
of its premium service.
“Changing
market conditions in the area of paid search have allowed us to share our
products with a broader audience, and we’re excited to open it up, for
free, to broad usage.” explained GuruNet CEO Bob Rosenschein. “Students,
teachers, professionals and users of all ages will enjoy our streamlined
interface. We expect to generate revenues as many search engines and content
sites have done successfully, with ads and sponsored links.”
The company
will continue to develop and distribute its patented 1-click technology
– used in its newest version of its “1-Click Answers” software –
allowing users to click anywhere on the screen for instant facts about
the word or phrase. GuruNet.com will
remain the company’s corporate site. Existing GuruNet subscribers will
continue to be fully supported through their subscription periods, however,
in conjunction with the launch of Answers.com, the Company announced that
it would no longer offer new subscriptions to GuruNet.
Answers.com
includes information on over a million topics, drawn from a database of
over 100 reference sources. Most recently, GuruNet added content from Wikipedia,
the expansive, collaborative encyclopedia written and maintained by thousands
of contributors across the globe. This enhancement provides Answers.com
with a new level of relevant, up-to-date information, for a complete package
unavailable in other encyclopedias, glossaries and atlases.
In addition
to its own customers, GuruNet currently supplies its reference content
to Amazon.com’s A9.com search engine and to Comet Systems.
About
GuruNet
GuruNet
(AMEX:GRU) is a leading reference search engine. Founded in 1999 by Robert
Rosenschein, GuruNet Corporation (www.gurunet.com) provides patented technology
and software tools to access authoritative definitions and facts. Additional
information for the media can be found at http://www.gurunet.com/about_press_kit.jsp,
or contact Jay Bailey, Director of Communications, GuruNet, at media(--at--)gurunet.com
or 866-576-0352
URL: http://www.answers.com
Date posted: 1/3/2005
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