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CyberDefender Partners with InfoSpace, Inc.
LOS ANGELES-(Business Wire)-March 27, 2008 - Security software developer CyberDefender Corporation (www.cyberdefender.com) (OTCBB:CYDE) is partnering with InfoSpace, Inc. (NASDAQ:INSP) to offer users improved search results from the company's toolbar search interface. InfoSpace's metasearch technology aggregates results from numerous search engines, allowing CyberDefender to monetize searches across multiple engines, leading to increased company revenues.
Because no single search engine covers the entire Internet, and as different engines use differing technologies, InfoSpace's metasearch technology allows users to search the top search engines at once, including Google, Yahoo!, Ask and MSN. InfoSpace's technology aggregates the best of the best results from the Web, providing users with fast and comprehensive search results.
Once implemented, CyberDefender users will be able to benefit from InfoSpace's award winning metasearch technology and have the ability to search up to 50 percent more of the Web than any single engine.
According to published reports, Piper Jaffray analyst Safa Rashtchy has predicted search revenues to hit $16.2 billion in 2008, $19.8 billion in 2009 and top $23 billion in 2010. Companies offering metasearch receive a higher pay-per-click rate, which is a key selling point to those who partner with InfoSpace.
"We're happy to be partnering with CyberDefender and to be able to provide their users with the most comprehensive, relevant results from the Web though our metasearch technology," said Jim Voelker, Chairman and CEO of InfoSpace, Inc.
Gary Guseinov, CEO, CyberDefender Corporation, said, "This partnership will be a significant benefit to our users as this will give them the best search results from leading search engines rather than just one. Not only will users get more qualified data in their searches but we also anticipate that this new relationship should significantly increase our search advertising revenue by 30-35%." Guseinov added that "InfoSpace is a well respected and innovative company and this partnership is yet another example of how we are continuing to execute on our goals to increase shareholder value."
About InfoSpace, Inc. (www.infospaceinc.com)
InfoSpace, Inc., a leading developer of metasearch products, is focused on bringing the best of the Web to Internet users. InfoSpace's proprietary metasearch technology combines the top results from several of the largest online search engines, providing fast and comprehensive search results on InfoSpace sites including Dogpile (www.dogpile.com) and WebFetch (www.webfetch.com). For the second consecutive year, JD Power and Associates ranked Dogpile highest in customer satisfaction among search engines. InfoSpace's metasearch technology is also available on more than 100 partner sites, including content, community and connectivity sites. More information can be found at www.infospaceinc.com.
About CyberDefender Corporation (www.CyberDefender.com)
CyberDefender Corporation believes that its Internet security technology offers the earliest possible detection and most aggressive defense against Internet security attacks. CyberDefender believes that it is the only Internet security software company to combat spyware, viruses, phishing and dangerous spam by using a secure client-to-client distributed network, enabling protection that the Company believes is unparalleled in speed and flexibility. Products employing the early detection technology include CyberDefender's safeSEARCH(TM) Toolbar, MyIdentityDefender(TM) toolbar, CyberDefenderFREE(TM) 2.0, CyberDefender Early Detection Center(TM) 2.0 and CyberDefender Early Detection Center FamilyPak Edition. All these products are fully compatible with Microsoft's Vista Operating system and available at http://www.cyberdefender.com.
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.
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