Dictionary.com Names Internet and Technology Veteran Shravan Goli as President

Dec 15, 2009, 08:30 ET from Dictionary.com

OAKLAND, Calif., Dec. 15 /PRNewswire/ -- Dictionary.com - the leading online dictionary and a service of Ask.com - an operating business of IAC (Nasdaq: IACI) - today announced that it has appointed Shravan Goli as President.

Goli replaces Doug Leeds, who was named President, Ask.com-U.S., in October. He will report to Scott Garell, President, Ask Networks. In his new role, Goli will be responsible for leading the strategy and overall business for Dictionary.com.

Goli has more than 16 years of internet and technology experience - including tenures at Yahoo! and Microsoft - with proven success in online services, digital entertainment, and social media.

At Yahoo!, Goli served as General Manager for the Yahoo! Media group, overseeing operations for Yahoo! Video, and as Head of Products for Yahoo! Finance. Goli was also instrumental in setting the Social Media vision and strategy across media properties at Yahoo!

Prior to Yahoo!, Goli spent 11 years at Microsoft, where he had management roles within the Home & Entertainment Division, and the Microsoft Business Solutions Group. Goli was also an early member of the MSN.com client team, where he led the incubation and launch of several MSN online services.

Most recently, Goli was General Manager of Media Business at Slide, Inc., a leading social entertainment company.

"Shravan's hands-on operational expertise and innovative product development talents make him the ideal executive to take Dictionary.com to the next level of success," said Scott Garell, President, Ask Networks. "Dictionary.com had a phenomenal year, strengthening its position as the #1 trusted brand for words and word meanings, and enabling users to communicate smarter and more effectively. At the same time, Dictionary.com continues to amplify Ask's growth by driving millions of users per month to Ask's unique features and offerings."

"It's a great honor to join the Dictionary.com team and to have the opportunity to build on its success as the #1 brand in online dictionaries. I look forward to working together to build the next-generation dictionary experience to empower millions of people worldwide with knowledge and enrich their lives every day", said Shravan Goli, President, Dictionary.com

Dictionary.com's audience reach and offerings expanded strongly in 2009, with more than 43 million customers monthly. Its iPhone and BlackBerry applications have extended the brand's potential reach to 65 percent of U.S. smartphone users. Further, its iPhone app has been downloaded more than four million times and is on Apple's "30 Favorite Apps" list. The Dictionary.com BlackBerry app is the fourth most downloaded free application in BlackBerry's App World, and the #2 free reference application. In 2009, Dictionary.com also introduced new integrated keyword-based ad solutions, an expanded content offering, and an API which allows the service to expand to a network of multi-platform partners.

About Dictionary.com

Dictionary.com is the leading provider of language reference products and services on the Internet and is an affiliate of Ask.com, the #1 brand for questions and answers online. Both are wholly-owned subsidiaries of IAC (NASDAQ: IACI). Dictionary.com, LLC, which includes Dictionary.com, Thesaurus.com and Reference.com, serves an average of 43 million unique worldwide users per month (source: 2009 Quantcast data).

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.

Apple and iPod touch are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc.

SOURCE Dictionary.com