Juno and LookSmart Sign Multi-Million-Dollar Deal.

Business & High Tech Editors

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--May 30, 2000

LookSmart to Provide Search and Directory Functionality

to Juno's Millions of Subscribers

Juno Online Services, Inc. (NASDAQ: JWEB), a leading provider of Web access and other Internet-related services, announced today that it has selected LookSmart (NASDAQ: LOOK), the global leader in Internet search infrastructure, to provide search functionality on its portal site (www.juno.com). Under the agreement, subscribers to Juno will have immediate access to LookSmart's high-quality Web directory with more than 1.8 million Web sites organized into 170,000 categories.

The partnership will generate millions of dollars in revenue for Juno, primarily in the form of search and directory referral fees. LookSmart will generate revenue from both the directory and advertising sold on the search pages visited by Juno's millions of subscribers. LookSmart's distribution network reaches more than 52 million unique users each month, or 74 percent of all Internet users in the United States. By adding Juno to its list of partners, LookSmart gains access to Juno's millions of users, increasing the size and reach of its search solutions.

"We're very pleased to provide Juno and its members with LookSmart's high-quality search solutions," said Evan Thornley, chairman and CEO of LookSmart. "Juno's selection of LookSmart is further validation of the quality of our search services. It's a win-win situation for everyone: Juno's members will benefit from easy access to LookSmart's search solutions, while Juno benefits from an enhanced product offering. LookSmart benefits by the expansion of its search infrastructure penetration, increasing our ability to monetize both advertisements as well as the directory."

LookSmart draws on partnerships with leading keyword search and technology providers, including Inktomi, Direct Hit, and Real Names, to provide users with an effective and reliable way to find specific information on the Web. LookSmart also employs a dedicated full-time staff of editors, supported by a global network of taxonomists, to sort millions of Web sites into categories. The combination of an industry-leading automated search engine and an extensive human-selected Web taxonomy represents a powerful advance in Web searching.

"LookSmart has an appreciation for how users in the real world go about looking for information on the Web," said Charles Ardai, Juno's president and CEO. "We think it's one of the most effective services of its kind, and we are thrilled that it's now an integral part of the Web experience Juno offers."

About LookSmart

LookSmart is the global leader in Internet search infrastructure, dedicated to helping the world find useful information quickly. LookSmart's search service reaches over 52 million people a month through LookSmart's Web properties and partner sites. The company provides its search solutions to leading Internet portals, ISPs and Web sites including Microsoft's MSN, Netscape Netcenter, Time Warner Inc., Excite@Home, Sony, BT, Road Runner, Prodigy, US West, AltaVista, NetZero, over 370 Internet service providers and thousands of Web sites. LookSmart's search solutions include a collection of over 1.8 million high-quality URLs organized into more than 170,000 categories. LookSmart has built Web directories for 30 countries, including the U.S., U.K., Canada, Australia, Japan, Korea, Mexico and Brazil. Through its partnership with Cox Interactive Media, LookSmart also offers one of the largest collections of quality local Web content in more than 70 U.S. markets. LookSmart is the official search infrastructure provider for www.Olympics.com, the official Web site of the Sydney 2000 Olympic Games. The company is headquartered in San Francisco and can be contacted at [phone].

About Juno

Juno Online Services, Inc. is a leading provider of Internet-related services to millions of computer users throughout the United States. The company offers several levels of service, ranging from basic dial-up Internet access -- which is provided to the end user for free -- to high-speed broadband access (currently available in selected markets). Juno's revenues are derived primarily from the subscription fees charged for its billable premium services, from the sale of advertising, and from various forms of electronic commerce.

Juno had more than 3.0 million active subscribers during the month of March, including more than 2.3 million active Web-enabled subscribers and approximately 0.7 million who were able to use only Juno's original e-mail service. Based on its total of 10 million registered subscriber accounts, Juno is currently the second largest provider (after AOL) of dial-up Internet services; based on its 3.0 million active subscribers, Juno is the third largest, after AOL and EarthLink.

For more information about Juno, visit www.juno.com/corp. To get a free copy of the Juno software, go to www.juno.com or call 1-800-TRY-JUNO.

Statements in this press release regarding Juno Online Services, Inc. that are not historical facts are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Any such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The following factors, among others, could cause Juno's actual results to differ materially from those described in a forward-looking statement: limited history of offering Juno's billable premium services and free basic service in its current form; history of losses; failure to retain or grow Juno's subscriber base; increasing competition from existing or new competitors; inability to sustain current levels of subscriber acquisition or retention; failure of free Web-enabled subscribers to actually make use of the Web and/or limited levels of use by such subscribers; inability to successfully migrate free subscribers to, or to retain subscribers in, Juno's billable premium services; increased telecommunications costs resulting from the expansion of Juno's free basic service; rapid technological change; possible unavailability of financing as and if needed; decreases in the popularity of the Internet among consumers or as an advertising medium; dependence on a limited number of vendors, including without limitation third-party vendors, for the provision and roll-out of the Juno Express broadband service; dependence on strategic marketing alliances as a source of revenues; risks associated with the implementation and rollout of the search and directory features described in this press release; inability to achieve substantial telecommunication cost reductions over time; possible industry consolidation; and potential fluctuations in quarterly and annual results. This list is intended to identify only certain of the principal factors that could cause actual results to differ. Readers are referred to the reports and documents filed by Juno with the Securities and Exchange Commission, including the Quarterly Report on Form 10-Q filed May 15, 2000, for a discussion of these and other important risk factors.

This press release contains forward-looking statements based on LookSmart's current expectations and projections about its industry and its management's beliefs and assumptions. Words such as "expects," "intends," "plans," "believes," "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These statements are not guarantees of future performance and are subject to risks and uncertainties. LookSmart's actual results could differ from those expressed in these forward-looking statements including the possibility that Juno's Internet users will not utilize its custom search and directory services at projected rates; the potential inability to monetize the resulting traffic at expected levels; the potential failure to establish effective working relationships with Juno and other partners; and other risks outlined in its annual report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission.