April 15, 2004

Intranets.com Marks Major Hosted Services Milestone With 200,000 Users and More Than 7,500 Customers Worldwide

Congrats to Intranets.com - you've come a long way!

Intranets.com (http://www.intranets.com/), the leading provider of on-demand collaboration services, today announced that it has extended its lead as the world's largest hosted collaboration service with more than 7,500 customers and 200,000 users worldwide. Intranets.com is signing customers at a record pace in 2004 and paving the way to help small businesses, project teams, and groups inside large corporations drive business productivity through online collaboration. The company recently realized its 35th consecutive month of revenue growth and expects to increase revenue by more than 50 percent in 2004.

"We just completed two of our most successful quarters to date and we continue to sign new customers at an unprecedented rate," said Rick Faulk, CEO of Intranets.com. "The market for hosted services is booming as companies realize the immediate impact on-demand collaboration can have on their businesses at an affordable cost. We are thrilled to be offering the right service, at the right time, to a market that can truly capitalize on its value."

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