Hoover's Extends and Expands Agreement with America Online

Alliance Enables America Online to Distribute Hoover's Company Information

Across AOL, Netscape.com and CompuServe



Apr 17, 2001, 01:00 ET from Hoover's, Inc.

    AUSTIN, Texas, April 17 /PRNewswire/ -- Building on a seven-year
 relationship, Hoover's, Inc. (Nasdaq: HOOV), a leading provider of online
 business information, tools, and content integration and syndication
 technology, today announced a new, expanded agreement with America Online, the
 world's leading interactive services company.  Under the agreement, Hoover's
 reliable, high-quality content from Hoover's Online (http://www.hoovers.com),
 the premier online information resource for businesspeople, will be integrated
 into the Personal Finance Channels across several America Online brands.
     Since 1993, Hoover's has been providing AOL members in-depth company
 information, primarily through AOL's Personal Finance Channel, which is the
 leading financial destination in cyberspace, according to Media Metrix, a
 Jupiter Media Metrix division and leading Internet audience measurement firm.
 Under this new expanded alliance, America Online will be able to make Hoover's
 Company Information on thousands of public and private enterprises worldwide
 available to broader areas across AOL, CompuServe and Netscape.com.
     "AOL members are already familiar with Hoover's as a source for personal
 financial information because we've been on AOL for seven years," said
 Hoover's CEO Patrick Spain.  "As both companies evolve, we will continue to
 adapt Hoover's information to better serve the needs of AOL's Personal Finance
 Channel audience, and we look forward to working together to deliver our
 content not only to AOL, but across CompuServe and Netscape as well.  This
 agreement helps to reinforce Hoover's as the must-have partner when it comes
 to delivering high-quality online business tools and information."
     "Hoover's is well-respected in the investment community, and has long been
 appreciated by AOL members for its breadth and depth of coverage, easy
 functionality and innovative business-related features," said Katherine
 Borsecnik, president of brand programming, America Online.  "This extension of
 our solid and successful relationship will allow us to deliver the valuable
 resources our users expect, more easily and across more AOL brands."
 
     About Hoover's, Inc.
     Hoover's, Inc. provides online business information, tools, and content
 integration and syndication technology to help businesspeople get their jobs
 done.  Hoover's information is available through its destination sites
 Hoover's Online (http://www.hoovers.com) and the company's other sites in
 France, Germany, Italy, Spain and the U.K., through syndication and co-
 branding agreements with more than 30 other online services, and through
 customized applications developed for enterprise information portals,
 corporate intranets and business-to-business vertical and content sites.
 Hoover's investors include AOL Time Warner (NYSE:   AOL), Media General
 (Amex:   MEG.A), NBC -- a unit of General Electric (NYSE:   GE), and Knowledge
 Universe, through its Knowledge Net Holdings and
 Nextera Enterprises (Nasdaq: NXRA) units.  Hoover's is headquartered in
 Austin, Texas, and has offices in London, New York City and San Francisco.
     "Safe Harbor" Statement under the Private Securities Litigation Reform Act
 of 1995: This press release may contain forward-looking statements relating to
 future events or results that involve risks and uncertainties, including
 statements regarding the expected benefits of strategic relationships, future
 services and new products.  Among the important factors which could cause
 actual results of Hoover's to differ materially from those in the forward-
 looking statements are the market demand and acceptance of new and enhanced
 services, the success of new features and tools from Hoover's Online and
 Hoover's Media Technologies, the retention of subscribers and customers,
 ability to attract new subscribers and customers, competition, economic
 conditions specific to the Internet, as well as general economic and market
 conditions and other factors described in Hoover's reports and documents filed
 from time to time with the Securities and Exchange Commission, including its
 prospectus and recent 10-K and 10-Q filings.
 
      Contacts:  Lisa Glass                     Scott Eisenstein
                 Hoover's, Inc.                 Middleberg Euro rscg
                 512-374-4662                   212-699-2765
                 lglass@hoovers.com             scott@middleberg.com
 
 

SOURCE Hoover's, Inc.
    AUSTIN, Texas, April 17 /PRNewswire/ -- Building on a seven-year
 relationship, Hoover's, Inc. (Nasdaq: HOOV), a leading provider of online
 business information, tools, and content integration and syndication
 technology, today announced a new, expanded agreement with America Online, the
 world's leading interactive services company.  Under the agreement, Hoover's
 reliable, high-quality content from Hoover's Online (http://www.hoovers.com),
 the premier online information resource for businesspeople, will be integrated
 into the Personal Finance Channels across several America Online brands.
     Since 1993, Hoover's has been providing AOL members in-depth company
 information, primarily through AOL's Personal Finance Channel, which is the
 leading financial destination in cyberspace, according to Media Metrix, a
 Jupiter Media Metrix division and leading Internet audience measurement firm.
 Under this new expanded alliance, America Online will be able to make Hoover's
 Company Information on thousands of public and private enterprises worldwide
 available to broader areas across AOL, CompuServe and Netscape.com.
     "AOL members are already familiar with Hoover's as a source for personal
 financial information because we've been on AOL for seven years," said
 Hoover's CEO Patrick Spain.  "As both companies evolve, we will continue to
 adapt Hoover's information to better serve the needs of AOL's Personal Finance
 Channel audience, and we look forward to working together to deliver our
 content not only to AOL, but across CompuServe and Netscape as well.  This
 agreement helps to reinforce Hoover's as the must-have partner when it comes
 to delivering high-quality online business tools and information."
     "Hoover's is well-respected in the investment community, and has long been
 appreciated by AOL members for its breadth and depth of coverage, easy
 functionality and innovative business-related features," said Katherine
 Borsecnik, president of brand programming, America Online.  "This extension of
 our solid and successful relationship will allow us to deliver the valuable
 resources our users expect, more easily and across more AOL brands."
 
     About Hoover's, Inc.
     Hoover's, Inc. provides online business information, tools, and content
 integration and syndication technology to help businesspeople get their jobs
 done.  Hoover's information is available through its destination sites
 Hoover's Online (http://www.hoovers.com) and the company's other sites in
 France, Germany, Italy, Spain and the U.K., through syndication and co-
 branding agreements with more than 30 other online services, and through
 customized applications developed for enterprise information portals,
 corporate intranets and business-to-business vertical and content sites.
 Hoover's investors include AOL Time Warner (NYSE:   AOL), Media General
 (Amex:   MEG.A), NBC -- a unit of General Electric (NYSE:   GE), and Knowledge
 Universe, through its Knowledge Net Holdings and
 Nextera Enterprises (Nasdaq: NXRA) units.  Hoover's is headquartered in
 Austin, Texas, and has offices in London, New York City and San Francisco.
     "Safe Harbor" Statement under the Private Securities Litigation Reform Act
 of 1995: This press release may contain forward-looking statements relating to
 future events or results that involve risks and uncertainties, including
 statements regarding the expected benefits of strategic relationships, future
 services and new products.  Among the important factors which could cause
 actual results of Hoover's to differ materially from those in the forward-
 looking statements are the market demand and acceptance of new and enhanced
 services, the success of new features and tools from Hoover's Online and
 Hoover's Media Technologies, the retention of subscribers and customers,
 ability to attract new subscribers and customers, competition, economic
 conditions specific to the Internet, as well as general economic and market
 conditions and other factors described in Hoover's reports and documents filed
 from time to time with the Securities and Exchange Commission, including its
 prospectus and recent 10-K and 10-Q filings.
 
      Contacts:  Lisa Glass                     Scott Eisenstein
                 Hoover's, Inc.                 Middleberg Euro rscg
                 512-374-4662                   212-699-2765
                 lglass@hoovers.com             scott@middleberg.com
 
 SOURCE  Hoover's, Inc.