Matthew Moog to Address Investor Conference about Growth of Internet Sector and CoolSavings, Inc. CHICAGO, May 11 /PRNewswire-FirstCall/ -- CoolSavings, Inc. (OTC:CSAV) (BULLETIN BOARD: CSAV) , a leading interactive marketing services provider, today announced that Matthew Moog, President and CEO of CoolSavings, will present at the 3rd Annual Thomas Weisel Partners Internet Conference 2005, on Monday, May 16, at 3:50 p.m. Pacific Time, at the Four Seasons Hotel in San Francisco. (Logo: http://www.newscom.com/cgi-bin/prnh/20050203/CGTH021LOGO ) Moog's presentation will focus on the growth of interactive marketing, including the evolution of media from mass to targeted communications and the shift in control of advertising from marketers to consumers. Moog will also provide insight into how CoolSavings evolved its targeted online ad distribution model from a single, flagship consumer savings site into its highly successful CoolSavings Marketing Network -- an expanding distribution network of partners and branded sites, which is consistently ranked in the top 50 Internet properties by ComScore Media Metrix. The presentation comes less than two weeks after Moog announced that CoolSavings generated first quarter revenues of $15.3 Million, a 91% increase over the prior year, and a $2 million improvement in profitability. Thomas Weisel Partners is a merchant bank focused exclusively on the growth sectors of the economy. At the conference, senior executives of major public and private companies will share their insights regarding the important issues confronting the Internet sector with investors. They will also detail corporate strategies, current trends, financial performance, future opportunities and new business models. Moog has also been asked to make a similar presentation at the ThinkEquity Partners LLC Third Annual Growth Conference in September 2005. About CoolSavings CoolSavings is a leading interactive marketing services company for advertisers and publishers. The Company provides superior lead generation, e-mail, coupon and loyalty programs across its extensive network of Web properties and top partner sites. The Company maximizes results using sophisticated targeting, optimization and predictive modeling capabilities. Together these services could enable leaders in the consumer packaged goods, retail and direct marketing industries to reach more than 35 million registering consumers and potentially generate more than 100 million responses in 2005, while delivering valuable content and revenue for the Company's network partners. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements under the caption "Business Outlook" and other statements regarding the Company's expectations, beliefs, hopes, intentions, or strategies. Where possible, these forward-looking statements have been identified by use of words such as "project," "target", "forecast," "anticipate," "intend," "believe," "plan," "will," "expect," and similar expressions but such words are not the exclusive means of identifying these statements. Known and unknown risks, uncertainties and other factors, both general and specific to the matters discussed in this press release, may cause the Company's actual results and performance to differ materially from the future results and performance expressed in, or implied by, such forward-looking statements. These risks, uncertainties, and other factors include, without limitation, the Company's ability to secure financing to meet its long-term capital needs; CoolSavings' ability to secure long-term contracts with existing advertisers and Lead Generation Network partners, and attract new advertisers and Lead Generation Network partners; CoolSavings' ability to add new consumers; CoolSavings' successful introduction of new services and features, CoolSavings' ability to compete successfully against current and future competitors, CoolSavings' ability to protect its patents, trademarks and proprietary rights, CoolSavings' ability to continue to attract, assimilate and retain highly skilled personnel, general industry, economic and market conditions and growth rates, the potential for higher actual media costs, and other costs and expenses when compared to estimated costs and projections. For a discussion of these and other risks, uncertainties and factors which could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements, see "Risk Factors" in the Company's annual report on Form 10-K for the year ended December 31, 2004, as filed with the SEC. The Company undertakes no obligation to update any of the forward-looking statements after the date of this press release to conform these statements to actual results or otherwise reflect new developments or changed circumstances, unless expressly required by applicable federal securities laws. You should not place undue reliance on any such forward- looking statements. http://www.newscom.com/cgi-bin/prnh/20050203/CGTH021LOGO http://photoarchive.ap.org/ DATASOURCE: CoolSavings, Inc. CONTACT: Melissa Lederer of CoolSavings, Inc., +1-312-224-5153, , or Mary Scholz Barber of Kupper Parker Communications, +1-314-290-2013, Web site: http://www.coolsavings.com/

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