Ebiz247.com Dealtime given an award

February 5, 2003
DEALTIME® NAMED BEST SHOPPING SEARCH ENGINE ON THE WEB
Focused Sector Leader Receives Prestigious Search Engine Watch Award

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New York, New York – February 5, 2003 – DealTime Ltd., the leading shopping search engine, has won the prestigious Search Engine Watch award for ‘Best Shopping Search Engine’ on the Internet. The category recognizes outstanding performance in helping Internet users shop for products across the web.
"DealTime is a top choice for anyone wishing to perform shopping search," said Danny Sullivan, Editor of Search Engine Watch (www.searchenginewatch.com). "We congratulate DealTime on this win and look forward to continued progress on their part."

The company shares top honors in the category with Yahoo! Shopping, which Search Engine Watch editors distinguish from DealTime because the Yahoo! site accepts content from only those merchants with whom it has a paid relationship. While DealTime, using a modified Yellow Pages model, accepts payment from merchants who want prominence its shopping search results pages, such as logos and higher placement in initial search results, it also accepts listings from merchants who pay nothing.

“We are honored and most grateful to have won this award,” said Dan Ciporin, DealTime’s Chairman and CEO. “We have great respect for Search Engine Watch, and we know that the online journal’s readership represents both industry professionals and some of the toughest critics around. We are committed to providing Internet users with the best possible online shopping experience, and we will reward the loyalty of our users, partners and customers with continued dedication and innovation.”

For more information on the Search Engine Watch Award for ‘Best Shopping Search Engine,’ see http://searchenginewatch.com/awards/2002-winners.html#shopping).

DealTime was the third most popular online shopping site throughout the 2002 holiday shopping season according to comScore Media Metrix, attracting 17.9 million unique visitors worldwide in December, more than virtually all online stores1. The site, which also ranks as a Nielsen//NetRatings top 10 Internet shopping destination in both the US and the UK2, delivers more revenue-per-referral than the largest portal shopping channel and the leading paid search provider3. It also delivers more serious shoppers, person-for-person, than the largest search engines and portal-affiliated shopping channels4, and delivered an extraordinary 13.3 percent conversion rate to sale to merchants on DealTime referrals, according to independent research reported in the Journal at MarketingExperiments.com.5

1 comScore Media Metrix: netScore database, December 2002
2 Nielsen//NetRatings shopping destinations report
3 comScore Networks, August 2002
4 Custom research by Nielsen//NetRatings during the quarter ending December 31, 2002
5 Third-party case study conducted by Marketing Experiments Journal during November 2002. See http://www.marketingexperiments.com/archives/dealtime.cfm