Will Webb-Purkis's Profile

Revenue from the company’s Interactive Services business segment, which
includes online comparison shopping services Shopzilla and BizRate, was
$40.8 million during the second quarter compared with $57.2 million
during the same period in 2008. Initiatives under way to reposition and
differentiate Shopzilla’s products are starting to show positive trends.
Most notably, leads to Shopzilla merchant partners in the quarter grew
14 percent year over year. This qualified lead volume metric is
important because it measures the value Shopzilla is delivering to its
direct merchant partners, as well as the level of engagement that
consumers are having with the core content on its branded comparison
shopping Web sites at BizRate.com and Shopzilla.com.

In addition to the revenue tradeoffs associated with the competitive
repositioning, Shopzilla’s results were held back by continued weak
consumer demand for retail products and the effects of a less-favorable
sponsored-link revenue sharing agreement with Google. uSwitch results
are being reported as discontinued operations. The company announced
during the quarter that it is seeking a buyer for the energy-switching
subsidiary.

Interactive Services expenses declined 24 percent during the second
quarter as the company continued to scale the business to match market
conditions.

Interactive Services segment profit was $7.3 million in the second
quarter compared with $12.9 million during the same period a year
earlier. The company expects Shopzilla segment profit to be above $30
million for the full year.

Interactive Services

Interactive Services revenue was $40.8 million compared with $57.2
million.

Segment expenses decreased 24 percent to $33.5 million.

Segment profit was $7.3 million compared with $12.9 million.