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Company Press Release

01/09/2001


Vertical Portals Breeding Relevant Search Results

Quiver Search & Directory Solution Enabling Intelligent Web Navigation & Search Relevancy


SAN FRANCISCO, CA (January 9th, 2000) - Quiver ( www.quiver.com), the leading provider of directory-building technologies and services, is empowering Vertical Portals to build intelligent Web directories that enable their Web search results to dynamically grow more and more relevant. The highly customizable Directory Building Solution(tm) aggregates, normalizes and integrates user preference and clickstream data into an intuitive, intelligent Web directory. Because this intelligent search & directory solution learns and grows with the unique preferences of a website's users, the application implemented within vertical portals, portals focusing on specific content or demographic interest groups, is breeding Web directories that deliver the most targeted search results for those particular Web communities.

The Quiver Directory Building Solution(tm) provides vital business benefits for vertical portals and other information-based websites. The solution facilitates increases in user retention and loyalty, website traffic, brand awareness, and provides a platform for targeted advertising and sponsorship revenue opportunities. Since the launch of its flagship customers in Q3 2000, Quiver has seen its vertical portal customers' directories grow up to 150% in size. Some Quiver customers are also reaping the benefit of up to nearly an additional 1 million page views per month.

"Gay.com is the leading Gay and Lesbian Internet portal as rated by Yahoo! Internet Life magazine," states Gay.com Founder and President Mark Elderkin. "One of the features outlined by the magazine was our ability to represent the best of the Net. With our Quiver powered Web directory, Qguide, we are truly able to allow our community members to control their search directory, making it relevant and up-to-date. Since the launch last year, member traffic related to the Qguide Directory on Gay.com has been growing at an average rate of 50% per month."

"It is evident from the success of our customers' Web directories that vertical portal users desire a search solution as unique and tailored to their preferences as the other vertical content offerings," states Scott Potter, Quiver's President and CEO. "The rapid adoption of our customers' directories by their user communities is a testament to the success of Quiver's Directory Building Solution(tm). Quiver is truly empowering intelligent navigation for vertical portal Web users."

Quiver's flagship Directory Building Solution(tm) is an ASP search solution that engages Web users with a suite of end-user features. The features, including online bookmark management and automatic bookmark synchronization, aggregate user website preference and clickstream data. Quiver uses proprietary data-mining algorithms to intelligently normalize and integrate that data into an optimal directory taxonomy for each website customer.

About Quiver
Quiver develops and markets intelligent directory-building technologies and services that enable efficient and relevant information classification, ranking and retrieval. Quiver technology uses proprietary smart data-mining algorithms that intelligently aggregate, normalize, and integrate information into optimal taxonomies for useful and effective knowledge management. Quiver launched its flagship Directory Building Solution(tm) in Q3 2000. The growing list of Quiver Directory Building Solution(tm) customers includes major vertical portals such as Gay.com, GORP.com, and myprimetime.com.

Founded in 1999, Quiver is a global company with headquarters in San Francisco and an R&D center in Israel. The privately held company is backed by Hummer Winblad Venture Partners; Weiss, Peck & Greer; El Dorado Ventures; Partech International; and other prominent individual investors. For additional information: www.quiver.com.

Media Contacts
Roz Chapman
Quiver
415.863.9945 x220
roz@quiver.com

June Parina
the blueshirt group
(415) 217-4968
june@blueshirtgroup.com



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