MatchNet

We are a leading provider of online personals services in the United States and internationally. We enable adults to meet online and participate in a community, become friends, date, form a long-term relationship or marry. In the first six months of 2004 we averaged approximately 5.3 million unique monthly visitors to our Web sites, which, accordin... g to comScore Media Metrix, ranked us as the second largest online personals property among United States Internet users. Currently, our key Web sites are AmericanSingles and JDate. Membership on our sites is free and allows a registered user to post a personal profile and to access our searchable database of member profiles and our 24/7 customer service. The ability to communicate with other members requires a monthly subscription fee, which represents our primary source of revenue. We believe that online personals fulfill significant needs for America's 86 million single adults who are looking to meet a companion or date. Traditional methods such as printed personals advertisements, offline dating services and public social gathering places often do not meet the needs of time-constrained single people. Printed personals advertisements offer individuals limited personal information and interaction before meeting. Dating services are time consuming, expensive and offer a smaller number of potential partners. In contrast, online personals services facilitate interactions between singles by allowing them to screen and communicate with a large number of potential companions. This medium allows users to communicate with other singles at their convenience and affords them the ability to virtually meet multiple people in a safe and secure setting. Moreover, online personals services allow people to learn considerably more about someone prior to an in-person meeting, through detailed personal profiles, emails and instant messaging. As of June 30, 2004, we had approximately 9.8 million active members, which we define as members who have posted a personal profile or have ...Read More