FWHT Findwhat.Com (MM)

FindWhat.com, Inc. (NASDAQ: FWHT), the leading independent provider of performance marketing and commerce enabling services, today announced the appointment of Dr. Andrew Ressler, PhD, as Vice President and General Manager of Search and Directory Services for FindWhat.com. The appointment is effective immediately. Dr. Ressler has been a member of FindWhat.com's management team since December 2004. As Vice President and General Manager of Search and Directory Services, Dr. Ressler is charged with developing uniquely relevant search solutions for FindWhat.com distribution partners in diverse markets worldwide. "Dr. Ressler is a proven innovator in identifying and developing technologies that address market opportunities," said Craig Pisaris-Henderson, chairman and CEO of FindWhat.com. "As a global company, we recognize that a one-size-fits all search solution does not address the linguistic, geographic and audience-specific needs of our distribution partners and their end-users. Under Dr. Ressler's leadership, we intend to become the provider of choice for algorithmic web search for web site publishers." Dr. Ressler brings to FindWhat.com a 19-year legacy of technology innovation and achievement, including most recently being the chief architect of the HotBot Desktop Search Toolbar for Terra Lycos. In 2000, he founded MicroOutsource.com, a web-based task management application service provider. In 1995, he founded Radnet, Inc. where he pioneered WebShare, the first web-based document sharing application akin to Lotus Notes. In 1991, Dr. Ressler founded By the Bay Software, a provider of a productivity and workflow application which was successfully sold to Lotus Corporation. While at Lotus, Dr. Ressler played an instrumental role in researching and communicating emerging technologies. Dr. Ressler attended Massachusetts Institute of Technology, where he received a BSCS, BSEE, MS and PhD in Artificial Intelligence. Dr. Ressler has served as Chief Scientist at the Army Artificial Intelligence Center and as a consultant to GE Capital, Accenture and NCR. About FindWhat.com, Inc.(R) FindWhat.com creates and offers proprietary performance-based marketing and commerce enabling services that help businesses of all sizes throughout the business cycle in reaching prospects, converting prospects to customers and then retaining those customers. Its marketing division creates online marketplaces where buyers are introduced to sellers at exactly the right moment, when they are searching for products and services on the Internet; this introduction is based on a bid-for-position, Pay-Per-Click or Pay-Per-Call (US only), keyword-targeted advertising service. FindWhat.com offers this service directly to advertisers through the FindWhat.com Network(TM) in the U.S., the Espotting Network in Europe and offers a private label version of this service to large companies and portals worldwide, including Lycos and Mitsui & Co., Ltd. FindWhat.com also operates a merchant services division which includes Miva(R), a leading online platform of software and services for small to medium-sized enterprises (SMEs). With its easy-to-use, highly customizable and integrated browser-based point and click business creation software and a vast partner network, Miva is focused on helping to create and enhance online business and marketing services for SMEs. Additionally, FindWhat.com has a primary traffic division, currently offered through Comet Systems, a leading provider of connected desktop consumer software. More information about FindWhat.com is available on the Company's website at http://www.FindWhat.com. Forward Looking Statements This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "plan," "intend," "believe" or "expect'" or variations of such words and similar expressions are intended to identify such forward-looking statements. Key risks are described in FindWhat.com's reports filed with the U.S. Securities and Exchange Commission, including the Form 10-K/A for fiscal 2004, and the most recently filed quarterly report on Form 10-Q. Readers should note that these statements may be impacted by several factors, including economic changes and changes in the Internet industry generally and, accordingly, FindWhat.com's actual performance and results may vary from those stated herein, and FindWhat.com undertakes no obligation to update the information contained herein. (R)Registered trademark of FindWhat.com, Inc. (TM)Trademark of FindWhat.com, Inc. All other trademarks property of their respective owners.