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IAC Acquires a Minority Stake in The HealthCentral Network
Date:1/28/2008

NEW YORK, Jan. 28 /PRNewswire-FirstCall/ -- IAC (Nasdaq: IACI) announced today that it has acquired a significant minority stake in The HealthCentral Network (http://www.healthcentral.com), a leading collection of health and wellness web properties, reaching 7.7 million viewers.* Terms of the deal have not been disclosed.

The HealthCentral Network (THCN) is a collection of over 30 owned and operated condition-specific and healthy living websites that combine authoritative health information with tight-knit communities of people, bringing together patients and experts to share wisdom and personal experience. The move marks a major push into the online health information space, and allows IAC to capitalize on THCN's highly integrated online properties deeply focused on strong consumer-engagement.

"In the online health space, we recognize an underserved market and see an opportunity to help bring consumers the information and services they need," said Barry Diller, Chairman and CEO of IAC.

"IAC has a proven track record for bringing consumers what they want and need online," said Chris Schroeder, CEO of The HealthCentral Network. "We are excited to help utilize the company's expertise in search traffic, marketing and advertising to help us expand our operations and continue to make acquisitions in the online health space."

In addition to the minority stake, Barry Diller and Peter Horan, CEO of IAC's Media & Advertising sector, will serve on HealthCentral's Board. In addition to this appointment, Mr. Horan will maintain responsibility for overseeing IAC's health efforts.

"While the internet, as a medium, continues to become more segmented, the ability
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SOURCE IAC
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