IT RADIO NETWORK NOW FEATURING PART 2 OF AN INTERVIEW WITH INFOSPACE CEO NAVEEN JAIN

LOS ANGELES, CALIFORNIA – July 12, 2000 -- IT Radio Network, the voice behind eBusiness, is featuring Part II of an in-depth interview with Naveen Jain, CEO of Infospace (Nasdaq: INSP). During the interview, Jain discussed the company’s business model and got personal with IT Radio Network host Marc Holland.

According to Jain, the idea for Infospace’s model stemmed from the business model of search engines. "We knew in 1996 there was no such thing as a portal. There were search engines," said Jain. "We said, wait a second: the search engines have no business model. The better the search engine is, the sooner I leave."

"That means these sites had to become what I called a mini-AOL (NYSE: AOL). They had to have the services to keep the user there. Now, why would anybody want to build these services on their own every time," said Jain. "Why not have Infospace building these services and letting everybody brand them under their name? Our model was very simple. We will build a shop and we will let you call it your shop."

During the interview, Jain described how this model resembles the earlier Microsoft DOS model. "This is exactly what Microsoft (Nasdaq: MSFT) did. Microsoft built an operating system called MS-DOS and let people call it Bell DOS, PC DOS, or Compaq DOS," said Jain. "They started the de facto opportunity system for the PC. It was very simple."

Also in the interview, Jain discussed what it takes to be an effective leader, the quest for funding and the importance of profits in the new economy.

The entire interview is available free online in RealAudio (Nasdaq: RNWK) and text at http://www.itradionetwork.com/scripts/jain2.cfm.

About IT Radio Network

IT Radio Network is an online audio business magazine that features a variety of tech trends, company spotlights and one-on-one interviews with the people reshaping the world of technology. The site is produced by Sky Radio, which produces radio programs for online magazines, a network of corporate Web sites, several major airline carriers and CEOLive.com.

Interviews also currently available on IT Radio Network include Hewlett Packard (NYSE: HWP), Globix (Nasdaq: GBIX), CriticalPath (Nasdaq: CPTH), Storage Technology (NYSE: STK), Elcom.com (Nasdaq: ELCO), Egghead.com, Inc. (Nasdaq: EGGS), Mercator Software (Nasdaq: MCTR) and E.Piphany (Nasdaq: EPNY).

Contact:
Ann Given
IT Radio Network
(818) 380-1980
ag@ceolive.com