Press Release

Classmates Named Washington State's Fastest-Growing Private Company By The Puget Sound Business Journal

Over 3,800% revenue growth secured highest ranking among State's top 100 private businesses

SEATTLE, WA - Oct 22, 2002 - Classmates Online, Inc., a personal networking service connecting friends, family, military and work colleagues, today announced it was named Washington State's fastest-growing private company by the Puget Sound Business Journal. Classmates' revenue growth of over 3,800% exceeded growth rates of other companies on the list by over 1,400%.

The Fastest-Growing 100 Companies list is compiled each year by The Puget Sound Business Journal based on the percent of revenue growth during a three-year period. Companies considered for the awards must be privately held in Washington State, illustrate continuous growth from 1999 to 2001, and report at least $200,000 in revenue for 1999.

"Recognition as the number one fastest growing company is testament to the strength of our management team and staff, and their dedication to making Classmates.com the dominant online community for connecting with old friends," said Randy Conrads, founder and chairman of the board at Classmates. "When Classmates was founded, industry influentials thought consumers would never pay for content on the Internet. This is a significant achievement for Classmates as we recently achieved over one year of profitability and continue to attract more than one million new members per month."

Profitable since October 2001, Classmates expects nearly $70 million in revenue for 2002.



About Classmates Online, Inc.

Classmates Online, Inc., founded in 1995 and based in Renton, WA, is a leader in online social networking. The company operates Classmates.com (www.classmates.com), connecting millions of members throughout the U.S. and Canada with friends and acquaintances from school, work and the military. Its Classmates International subsidiary also operates leading community-based networking sites in Sweden, through Klassträffen Sweden AB (www.stayfriends.se), and in Germany, through StayFriends GmbH (www.stayfriends.de). Classmates Online is a wholly owned subsidiary of United Online, Inc. (Nasdaq: UNTD). For more information about United Online and its Internet subscription services, please visit www.untd.com.

Press Contacts:

John Uppendahl,
Vice President of Public Relations & Community Affairs
john.uppendahl@classmates.com, 425.917.4933

Joanne Petitto,
Senior Public Relations & Community Affairs Manager
joanne.petitto@classmates.com, 425.917.4927

Online pressroom: www.classmates.com/cmo/about