Acquires Leading Online Dating and Relationship Companies in France and China Continues Global Expansion in 2007
DALLAS, an operating business of IAC (NASDAQ: IACI) announced today the successful completion of its acquisition of eDodo in China and Netclub in France. These two acquisitions are consistent with the continued aggressive global expansion plans for in 2007. is coming off a record year, with revenue of $311.2 million, a 25% increase from 2005. An increase in international paid subscribers and continued development of global markets contributed greatly to the Company's success in 2006, with the most notable development in the United Kingdom and Scandinavia. currently operates more than 35 local country sites in 15 languages, and the company's reach spans six continents.

" is a global company but our focus is on leadership through local relevance," said Jim Safka, CEO of "We don't operate the American version of the site in various markets; rather we invest time and resources in the local knowledge and local companies to create a successful experience for people in countries around the world then connect them to our worldwide database."

In 2006, launched a new site experience and brand campaign in France. Since the launch, the campaign has driven daily subscriptions up by 66%.

With the acquisition of Netclub, the third-largest French online dating site, once again makes clear its intention to be the undisputed leader in European online dating sites. According to JupiterResearch, European online dating sites continue to attract new users and in 2007 the category is expected to grow 30%.

The eDodo acquisition in China moves into an emerging online personals market with unparalleled opportunity for growth. There are more than 64 million online singles in China, and the market forecast projects that the online dating category will nearly double in 2007. With eDodo, has acquired one of the fastest growing social networking sites in China. eDodo has more than 180,000 paid members and nearly 3,000 new paid subscribers each day.

"We recognize there is enormous room for growth in our international markets, and for it is the perfect time to seek out the companies that will further the mission of creating couples all over the world," said Safka. "These two acquisitions in France and China are just the beginning of finding these world-class companies and accelerating their growth with our resources."

  About Edodo

  About Netclub

Founded in 1997 and born from the merger between and, Netclub is a leader in dating services promoting serious and long-term relationships. Offering a range of interaction-driven online personals and dating services in both France and Canada such as GOlive, the only instant messaging service dedicated to singles, Netclub has over 4 million French-speaking members and is the third largest player in France.

About pioneered online personals when it launched on the Web in 1995 and continues to lead this exciting and evolving category after more than a decade. Throughout its 12-year history, has redefined the way people meet and fall in love and is credited with more marriages than any other site. Today, more than 15 million people around the world participate in the community, providing a rich tapestry of ethnicities, interests, goals, ambitions, quirks, looks and personalities from which to choose. operates leading subscription-based online dating sites in 35 countries, in 15 languages and spanning six continents. also powers online dating on MSN across Europe, Asia, the United States and Latin America and is the premier provider of personals for Love@AOL. is an operating business of IAC (NASDAQ: IACI).


CONTACT: Liz Entwistle Edelbrock of, +1-214-576-9321, or

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