Google’s Award-Winning Search Engine to Power Search Functions Across America Online’s Brands, Providing Consumers Easy Access to the Most Popular Search Engine Available

Google Will Also Provide Its Popular Paid Listings in Search Areas of AOL, AOL.COM, CompuServe and Netscape

DULLES, VA and MOUNTAIN VIEW, CALIF., – May 1, 2002 – America Online, Inc., the world’s leading interactive services company, and Google Inc., developer of the industry-leading Google search engine, today announced a multi-year agreement that will make Google’s popular search technology and targeted paid listings available on America Online brands.

Under the agreement, Google’s search technology will begin powering the search areas of AOL, CompuServe, AOL.COM and Netscape this summer. By joining Google’s industry-leading platform with America Online’s extensive consumer audience and popular online brands, the companies plan to create an even better search experience for AOL’s more than 34 million members and tens of millions of visitors to America Online’s Web-based properties, both domestically and internationally.

In addition, a marketing agreement will enable Google to provide AOL and CompuServe members and users of AOL.COM and Netscape its targeted paid listings product, which offers a selection of listings ranked by relevancy and other factors, from Google’s rapidly growing base of advertisers. Google’s paid listings will begin rolling out on the AOL service and AOL.COM immediately; they will launch on Netscape and CompuServe in the next several weeks. Upon completion of the rollout, Google will be the exclusive provider of Sponsored Links for the search areas in these America Online properties.

Through Google’s advanced search technology, tens of millions of users of America Online’s brands will have access to Google’s wide index of billions of documents. Google’s search technology has earned numerous industry awards and citations, including two Webby Awards; two WIRED magazine Readers Raves Awards; Best Internet Innovation and Technical Excellence Award from PC Magazine; Top Ten Best Cybertech from TIME magazine; and Editor’s Pick from CNET.

Eric Schmidt, Chairman and Chief Executive Officer of Google Inc., said: "We’re delighted to enter into this strategic alliance with America Online. The tens of millions worldwide who use America Online’s online services and Web-based brands will now benefit from the extreme accuracy and rapid return of our high-quality, relevant search results. And we are pleased that America Online has selected our growing paid listings service, which offers a cost-effective way to market and advertise while providing relevant search results to consumers."

Bob Pittman, COO-elect, AOL Time Warner, said: "Google is the reigning champ of online search. We are committed to providing AOL members and Web users with the very best in online tools, content and convenience, and we’re very pleased to bring Google’s popular platform to our users. Google’s award-winning search function and targeted search listings will be a great addition to our brands, and extremely popular with our users. Google shares our strong consumer focus, and by leveraging their technology and experience we can make the AOL service and our other America Online brands an even more central and valuable part of our members’ daily lives."

About America Online, Inc.

America Online, Inc. is a wholly owned subsidiary of AOL Time Warner, Inc. Based in Dulles, Virginia, America Online is the world’s leader in interactive services, Web brands, Internet technologies and e-commerce services.

About Google Inc.

With the largest index of websites available on the World Wide Web and the industry’s most advanced search technology, Google Inc. delivers the fastest and easiest way to find relevant information on the Internet. Google’s technological innovations have earned the company numerous industry awards and citations, including two Webby Awards; two WIRED magazine Readers Raves Awards; Best Internet Innovation and Technical Excellence Award from PC Magazine; Best Search Engine on the Internet from Yahoo! Internet Life; Top Ten Best Cybertech from TIME magazine; and Editor’s Pick from CNET. A growing number of companies worldwide, including Yahoo! and its international properties, Sony Corporation and its global affiliates, Netscape, and Cisco Systems, rely on Google to power search on their websites. A privately held company based in Mountain View, Calif., Google’s investors include Kleiner Perkins Caufield & Byers and Sequoia Capital. More information about Google can be found on the Google site at www.google.com.

Contact:

Google Inc.
Cindy McCaffrey
650-930-3524

###

Google and AdWords Select are trademarks of Google Inc. All other company and product names may be trademarks of the respective companies with which they are associated.