WOODLAND HILLS, Calif., November 17, 2004 -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet subscription services, today announced that it has completed its previously announced acquisition of Classmates Online, Inc., a leader in online community-based networking. Classmates Online, Inc. operates Classmates.com (www.classmates.com), connecting millions of members throughout the U.S. and Canada with friends and acquaintances from school, work and the military. Its Classmates International subsidiary also operates leading community-based networking sites in Sweden, through Klasstraffen Sweden AB (www.klasstraffen.com), and in Germany, through StayFriends GmbH (www.stayfriends.com). Classmates Online has 168 employees and will continue its operations in Renton, WA as a wholly owned subsidiary of United Online.
"We are very pleased to welcome Classmates CEO Michael Smith and his talented team of employees to the United Online family," said Mark R. Goldston, chairman, CEO and president of United Online. "Classmates brings another highly recognized, market-leading brand to United Online and extends further our portfolio of free and subscription consumer Internet services."
About United Online, Inc.
United Online, Inc. (Nasdaq: UNTD) is a leading provider of consumer Internet subscription services through a number of brands, including NetZero, Juno and Classmates. The company's pay services include Internet access, accelerated dial-up services, premium email, personal Web-hosting and domain services and community-based networking. It also offers consumers free Internet access, email and Web hosting. The company's access services are available in more than 8,000 cities across the United States and in Canada. United Online is headquartered in Woodland Hills, CA, with offices in New York City, Renton, WA, San Francisco, CA, Orem, UT, and Hyderabad, India. For more information about United Online and its Internet subscription services, please visit www.untd.com.
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