[January 31, 2013]

Two Senior Executives Join Leadership Team at Answers

Answers, the world's most popular destination for trusted Q&A content, today announced the appointment of two seasoned executives to its rapidly growing and successful leadership team.

Peter Horan (News - Alert) joins Answers as Chief Operating Officer (COO) and brings nearly 20 years of experience and knowledge building successful media and Internet businesses. Horan will oversee strategy, sales, partnerships and human resources at Answers. Prior to joining Answers, Horan served as CEO of leading brands such as About.com, IAC Media and Advertising, Goodmail Systems, AllBusiness.com and DevX.com. He will be based in Answers' Mountain View, CA (News - Alert) office.

Answers has also named Matt Derdeyn as Chief Financial Officer (CFO). Derdeyn brings more than 15 years of financial experience in various executive roles. In this role, Derdeyn will be responsible for all financial functions, including accounting, financial planning and analysis, tax, treasury and capital structure activities. Prior to joining Answers, Derdeyn served as Senior Vice President, Corporate Finance at Charter Commnications, responsible for all aspects of corporate finance, mergers and acquisitions and supporting the Investor Relations effort. He also held leadership and finance roles at Mediacom Communications, Credit Suisse and Donaldson, Lufkin & Jenrette. He will be based in Answers' St. Louis, MO Headquarters.

"Answers has experienced tremendous growth over the past few years and we are delighted to have Peter Horan and Matt Derdeyn on board as we continue to build our business," said David Karandish, CEO of Answers. "Peter and Matt bring a wealth of knowledge and skills that complement our team and we are more excited than ever about the significant opportunities before us."

Answers serves more than 130 million visitors each month that have access to more than 18 billion answers. For more information please visit, www.answers.com.

About Answers

Established in 1998, Answers is the industry's top destination for Q&A content (source: Quantcast (News - Alert)). One-third of all U.S. Internet users regularly visit Answers.com for information on virtually everything. The Answers platform integrates and surfaces the best content from subject matter experts, community members, social networks, and Internet databases to create the most multidimensional resource on the Web. Answers content is available everywhere: on the web, mobile, and social networks. The Answers platform has over 17 billion answers, which is 10 billion more than its closest competitor. It is also home to a community of 160 million users, with an estimated 10,000 new registered users per hour. For more information about Answers, please visit www.answers.com.

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