GURUNET FOUNDER, ROSENSCHEIN, RECOGNIZED AMONG NOMINEES FOR PRESTIGIOUS WORLD TECHNOLOGY AWARD
LONDON, ENGLAND -- (INTERNET WIRE) -- 11/18/99

The technology behind GuruNet, the remarkable new system software utility that provides for fast and useful Internet information retrieval, has placed its founder, Bob Rosenchein amongst a distinguished group of innovators. Rosenschein was recognized among finalists for the recently announced World Technology Award for Start-Up Companies. The award was devised by The World Technology Network to recognize the entrepreneurship at the of today's technology advances.

Nominees and winners for this award included founders of innovative start-ups creating new industries or dramatically altering or extending existing ones. Other finalists for this award were Genadi Man, founder of Telesens Corporation, Roy Stringer, Chief Hypermedia Architect, Amaze Ltd., and Chris Turner, Managing Director, Digital Communications Technologies. The winner, announced at a ceremony on November 12, was Christopher Evans, Chairman of Merlin Ventures.

"It is an honor to have been selected as a candidate for this important award, and to be included in such distinguished company," said Rosenchein. "We are proud of the extremely positive reception GuruNet has received in a short period of time. Obviously, what we have accomplished in the creation of GuruNet was a team undertaking, and a credit to our entire R&D; organization."

Debuting in September, the GuruNet beta delivers instant, focused information about any word appearing on the screen in any PC application simply by pointing to a word in any kind of application and pressing Alt and click. GuruNet automatically analyzes the pointed-to text in context and pops up a simple window without leaving the current document. If the user is online, GuruNet will tap the vast resources of the Internet to provide links to related websites, reference information and books, as well as related live information such as current news and stock quotes.

The beta version of GuruNet delivers premium content through a small application on a Windows PC. Licensed content currently includes the American Heritage Dictionary, Roget's Thesaurus and other dictionaries from Houghton-Mifflin, the Columbia Reference Encyclopedia from Columbia University Press, sports data from STATS, and news, stocks and company profile information from NewsAlert. GuruNet's future content offerings will include expanded reference information as well as real-time, international and ecommerce content.

Users can obtain a beta copy of the software utility for free by downloading it at www.gurunet.com, or at other selected download sites, including Download.com, ZDNN or TUCOWS.com. The product currently works under Windows 95, 98 and Windows NT. It supports most Windows text applications, including Microsoft Office, email, PIMs and all browsers. The download size is 700 KB, and total disk requirements are 1.5 MB. GuruNet software can be downloaded from a variety of download websites as well as from www.gurunet.com. Estimated download time on a 28.8 modem is 3-4 minutes.

About The World Technology Awards
The World Technology Awards have been created to honor those individual leaders or, at times, co-equal teams from across the globe who most contribute to the advance of emerging technologies of all sorts for the benefit of business and society. They especially seek to honor those innovators who have done work recently which has the greatest likely future significance and impact over the long-term... and who will likely become or remain "key players" in the technological drama unfolding in coming years. The Awards are given for: Information Technology Software, Information Technology Hardware, Communications Technology, Biotechnology, Space, Materials, Energy, Law, Policy, Start-up Companies, Design, The Arts, Media & Journalism, Finance, Commerce, Marketing Communications, Health & Medicine, Transportation, Environment and Ethics. About GuruNet Corporation

GuruNet Corporation is a privately held startup with R&D; office in Jerusalem, Israel, and soon to be opening offices in Palo Alto, CA. Robert Rosenschein, Mort Meyerson and Mark Tebbe founded the Company in December 1998. GuruNet's mission is to empower Web users and to make the Web experience and information access easier, more consolidated, productive and fun. For the GuruNet beta software and additional information about the Company please visit www.gurunet.com, or use the Internet Keyword "gurunet.com".

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