InfoSpace Teams up with Bell Mobility Investments, a Canadian Corporate Venture Company, to Enhance Speech Recognition Technologies and Voice Activated Dialing -VAD- Application.

Business Editors, High-Tech Writers

BELLEVUE, Wash.--(BUSINESS WIRE)--Dec. 6, 2001

R&D Project Focused On Delivering

Enhanced Wireless VAD Application In VoiceXML

InfoSpace, Inc. (Nasdaq:INSP), a provider of wireless and Internet software and application services, today announced a research and development (R&D) initiative under which Bell Mobility Investments (BMI), a Canadian corporate venture company created by BCE and Bell Mobility, will fund a portion of InfoSpace's R&D activities and provide technical support, expertise and market knowledge.

The R&D activities are related to wireless telecommunications, more specifically to a VoiceXML-based voice activated dialing (VAD) application.

The aim of the research is to enhance the overall user experience of the VAD application by improving the performance of speech recognition technology in wireless environments. Using a speaker independent speech recognition technology, the planned service will support simultaneous recognition of both English and French languages.

VAD as a speech application offers users the ability to access large directories of contact information stored in an individual's e-mail and Personal Information Manager (i.e., Calendar, Address Book and To-Do List) at any time, from any place.

"We are thrilled at the opportunity to work with Canada's leading wireless carrier to innovate and deliver value-added wireless services," said Naveen Jain, chairman and CEO of InfoSpace, Inc. "The key to applications, such as VAD, is to deliver a multi-modal experience to wireless subscribers. Speech is an ideal input and/or query differentiator offering users additional benefits, including personal safety and quick access."

"We believe that voice-enabled applications hold significant potential for both consumers and businesses," said Ted Maksimowski, president of BMI. "By teaming with a leading-edge developer in VoiceXML applications, BMI can contribute to the advancement of wireless solutions."

About BMI

Bell Mobility Investments, a Canadian corporate venture capital player, created by Bell Canada's wireless division, Bell Mobility, and BCE, makes strategic equity investments and provides R&D funding to innovative companies developing and delivering wireless Internet and data products and services. Bell Mobility and Bell Mobility Investments have provided funding to 21 different companies. More information can be obtained at www.bellmobility.ca/bmi. Bell Canada, Canada's national leader for communications in the Internet world, provides connectivity to residential and business customers through wired and wireless voice and data communications, high speed and wireless Internet access, IP-broadband services, e-business solutions, local and long distance phone and directory services. Bell Canada is owned by BCE Inc. of Montreal (80%) and by SBC Communications Inc. of San Antonio, Texas (20%). For more information please visit www.bell.ca.

About InfoSpace, Inc.

InfoSpace, Inc. (Nasdaq:INSP) provides wireless and Internet software and application services. The Company develops software technologies that enable customers to efficiently offer a broad array of network-based services under their own brand to any device.

This release contains forward-looking statements relating to the development of InfoSpace, Inc.'s products and services and future operating results, including statements regarding InfoSpace's research and development agreement with Bell Mobility Cellular Inc., that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect InfoSpace's actual results include the progress and costs of the development of our products and services and the timing of market acceptance of those products and services. A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in InfoSpace's Annual Report on Form 10-K, in the section entitled "Factors Affecting Our Operating Results, Business Prospects and Market Price of Stock." Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. InfoSpace undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.