LendingTree Q1 2001 Quarterly Earnings Conference Call

Apr 11, 2001, 01:00 ET from LendingTree, Inc.

    CHARLOTTE, N.C., April 11 /PRNewswire/ --
     LendingTree, Inc. (Nasdaq:   TREE), the leading online lending exchange and
 technology provider, will issue a news release announcing the Company's
 financial results for the first quarter ended March 31, 2001 before the market
 opens on Wednesday, April 18, 2001 via PR Newswire.  The Company has scheduled
 a conference call to discuss first quarter results and updated guidance for
 2001 at 8:30 am EDT.
     To listen to the conference call, please dial 212-346-6519.  A replay of
 the call will be available starting one hour after the completion of the call
 until 5:00 p.m. EDT, April 23, 2001.  The dial-in number for the replay will
 be 800-633-8284, Reservation #18592142.  The conference call will also be
 available via Webcast at www.lendingtree.com.
 
     About LendingTree, Inc.
     LendingTree (Nasdaq:   TREE) is the leading online lending exchange and
 technology provider.  LendingTree's unique loan technology, Lend-X(SM), powers
 the online loan marketplace at LendingTree.com, as well as the online lending
 resources of other institutions.  At LendingTree.com qualified consumers may
 receive multiple loan offers, within one business day, in response to a single
 loan request for home mortgages, home equity loans, personal loans, automobile
 loans, and credit cards.  More than 100 banks and lenders compete for
 consumers' business in the LendingTree loan marketplace at
 www.lendingtree.com, providing consumers with an unprecedented level of
 control over the lending process, by enabling them to compare and review
 multiple loan offers and accept the loan offer that is best for them.  The
 banks and lenders in the LendingTree marketplace generate new business that
 meets their specific underwriting criteria at reduced acquisition costs.  For
 more information, or for a full listing of the more than 100 banks and lenders
 in the LendingTree marketplace please go to www.lendingtree.com or call
 704-541-5351.
 
     About Lend-X(SM)
     Lend-X(SM) is LendingTree's online loan exchange technology that enables
 companies to quickly and easily embed a customized private label or co-branded
 loan marketplace into their site.  Lend-X(SM) technology has the flexibility
 to support a variety of different business models.  Lend-X provides a fast,
 adaptable and reliable online lending solution for lenders and non-lenders
 alike with valuable access to LendingTree's online lending exchange with more
 than 100 banks and lenders.  In conjunction with LendingTree's services, Lend-
 X can be used to provide access to loans for customers of lenders and non-
 lenders alike.  Lend-X(SM) clients include: Bank of America, Freddie Mac,
 Fleet Bank, Wachovia, S1 Corporation, priceline.com, Sallie Mae, CNBC.com,
 Home Account, MSN Money Central, Autobytel.com, EDS' Wendover, Citizens Bank,
 and Affinity Plus Federal Credit Union.
 
     This press release contains forward-looking statements within the meaning
 of the "Safe Harbor" provisions of the Private Securities Litigation Reform
 Act of 1995.  Forward-looking statements include statements regarding:
 projected future revenues; optimism about the results of certain strategic and
 consumer initiatives; product and technological implementations; and projected
 expenditures and growth.  These statements are based on management's current
 expectations or beliefs and are subject to a number of risks and uncertainties
 that could cause actual results to differ materially from those set forth in
 the forward looking statements.  The Company's actual results might differ
 materially from those stated or implied by such forward-looking statements due
 to risks and uncertainties associated with the Company's business, which
 include, but are not limited to: variations in consumer demand or acceptance;
 the willingness of lending institutions to offer their products over the
 Internet; further changes in the Company's relationships with existing
 lenders, companies, and/or strategic partners; the Company's ability to
 attract and integrate new lending companies and strategic partners;
 implementation of competing Internet strategies by existing and potential
 lending participants; implementation and acceptance of new product or service
 offerings, consumer lending industry regulation; competition in all aspects of
 the Company's business; fluctuations in operating results; or other unforeseen
 factors. The forward-looking statements should be considered in the context of
 these and other risk factors disclosed in the Company's filings with the
 Securities and Exchange Commission.
 
 

SOURCE LendingTree, Inc.
    CHARLOTTE, N.C., April 11 /PRNewswire/ --
     LendingTree, Inc. (Nasdaq:   TREE), the leading online lending exchange and
 technology provider, will issue a news release announcing the Company's
 financial results for the first quarter ended March 31, 2001 before the market
 opens on Wednesday, April 18, 2001 via PR Newswire.  The Company has scheduled
 a conference call to discuss first quarter results and updated guidance for
 2001 at 8:30 am EDT.
     To listen to the conference call, please dial 212-346-6519.  A replay of
 the call will be available starting one hour after the completion of the call
 until 5:00 p.m. EDT, April 23, 2001.  The dial-in number for the replay will
 be 800-633-8284, Reservation #18592142.  The conference call will also be
 available via Webcast at www.lendingtree.com.
 
     About LendingTree, Inc.
     LendingTree (Nasdaq:   TREE) is the leading online lending exchange and
 technology provider.  LendingTree's unique loan technology, Lend-X(SM), powers
 the online loan marketplace at LendingTree.com, as well as the online lending
 resources of other institutions.  At LendingTree.com qualified consumers may
 receive multiple loan offers, within one business day, in response to a single
 loan request for home mortgages, home equity loans, personal loans, automobile
 loans, and credit cards.  More than 100 banks and lenders compete for
 consumers' business in the LendingTree loan marketplace at
 www.lendingtree.com, providing consumers with an unprecedented level of
 control over the lending process, by enabling them to compare and review
 multiple loan offers and accept the loan offer that is best for them.  The
 banks and lenders in the LendingTree marketplace generate new business that
 meets their specific underwriting criteria at reduced acquisition costs.  For
 more information, or for a full listing of the more than 100 banks and lenders
 in the LendingTree marketplace please go to www.lendingtree.com or call
 704-541-5351.
 
     About Lend-X(SM)
     Lend-X(SM) is LendingTree's online loan exchange technology that enables
 companies to quickly and easily embed a customized private label or co-branded
 loan marketplace into their site.  Lend-X(SM) technology has the flexibility
 to support a variety of different business models.  Lend-X provides a fast,
 adaptable and reliable online lending solution for lenders and non-lenders
 alike with valuable access to LendingTree's online lending exchange with more
 than 100 banks and lenders.  In conjunction with LendingTree's services, Lend-
 X can be used to provide access to loans for customers of lenders and non-
 lenders alike.  Lend-X(SM) clients include: Bank of America, Freddie Mac,
 Fleet Bank, Wachovia, S1 Corporation, priceline.com, Sallie Mae, CNBC.com,
 Home Account, MSN Money Central, Autobytel.com, EDS' Wendover, Citizens Bank,
 and Affinity Plus Federal Credit Union.
 
     This press release contains forward-looking statements within the meaning
 of the "Safe Harbor" provisions of the Private Securities Litigation Reform
 Act of 1995.  Forward-looking statements include statements regarding:
 projected future revenues; optimism about the results of certain strategic and
 consumer initiatives; product and technological implementations; and projected
 expenditures and growth.  These statements are based on management's current
 expectations or beliefs and are subject to a number of risks and uncertainties
 that could cause actual results to differ materially from those set forth in
 the forward looking statements.  The Company's actual results might differ
 materially from those stated or implied by such forward-looking statements due
 to risks and uncertainties associated with the Company's business, which
 include, but are not limited to: variations in consumer demand or acceptance;
 the willingness of lending institutions to offer their products over the
 Internet; further changes in the Company's relationships with existing
 lenders, companies, and/or strategic partners; the Company's ability to
 attract and integrate new lending companies and strategic partners;
 implementation of competing Internet strategies by existing and potential
 lending participants; implementation and acceptance of new product or service
 offerings, consumer lending industry regulation; competition in all aspects of
 the Company's business; fluctuations in operating results; or other unforeseen
 factors. The forward-looking statements should be considered in the context of
 these and other risk factors disclosed in the Company's filings with the
 Securities and Exchange Commission.
 
 SOURCE  LendingTree, Inc.