Press Release

Classmates.com Named One of the Top 25 Private Northwest Companies in 2001

Addition of 140,000 schools allows members to find friends from kindergarten to college

SEATTLE, WA - Oct 2, 2001 - Classmates.com, the world's best place to reunite, has been recognized as one of the top 25 private Northwest companies in 2001 by the Investment Forum, a non-profit organization that promotes promising new companies to the business and investment community. Michael Schutzler, Classmates.com's CEO, was honored along with 24 other Northwest CEOs last night at the Venture All-Stars Summit held at SAFECO Field. Classmates.com was also featured in the second edition of TheVentureMap, the definitive visual business reference, which will be distributed to more than 50,000 people throughout the Northwest including Portland and Vancouver, B.C.

"Recognition as one of the top private Northwest companies by the Investment Forum is a great privilege given the strength and caliber of the nominees," said Michael Schutzler, president and chief executive officer of Classmates.com. "Classmates.com is one of the largest member communities on the Web with over 24 million members, and the leader in online subscriptions with 1.5 million paying members. I credit Classmates.com's continued success to an intense focus on member care, and the delivery of original content and services which allow people to easily reconnect with friends around the world."

The Top 25 companies for 2001 were chosen from over 175 nominations by a selection committee, comprised of 35 private equity analysts including venture capitals, angel investors and successful entrepreneurs. In order to be selected, these organizations had to meet multiple business and funding criteria indicative of future success including strong management and financial backing. For a complete list of the Top 25 companies, go to http://www.TheVentureMap.com.

"Classmates.com is an emerging leader in its market, and we hope this recognition helps it secure additional funding and ensures a prosperous future," said Nathan McDonald, managing director of The Investment Forum. "We're very grateful to our member organizations and supporting groups for recognizing the value that Classmates.com brings to the technology industry."



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