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FAST Drives Powersearch Capabilities for AutoTrader.com

OSLO, Norway and NEEDHAM, Mass.--May 8, 2006--

  FAST ESP Creates Optimum Buying Experience for No. 1 Internet Auto Classifieds Site  



Fast Search & Transfer(TM) (FAST(TM)), the leading developer of enterprise search technologies and solutions, today announced that AutoTrader.com, the Internet's leading auto classifieds marketplace, has deployed FAST Enterprise Search Platform (FAST ESP(TM)) to power the search across AutoTrader.com. AutoTrader.com's mission is to be a consumer's ultimate online solution for buying and selling new, used and certified pre-owned cars and trucks. With more than 11 million qualified shoppers each month and three million vehicles listed for sale by private owners, dealers and manufacturers, AutoTrader.com is simply the smarter place to buy and sell a car.

FAST ESP enables AutoTrader.com's PowerSearch feature to provide site visitors a more flexible and powerful way to find a car on the site. Starting with broad parameters and little input, potential car buyers can perform a single search that compares new, used and certified pre-owned vehicles. PowerSearch also allows AutoTrader.com visitors to shop by body style, color preference, by up to three makes and models and by mileage. Through the use of new car aggregate listings, new car buyers can see entire inventories across over 40,000 dealerships. From one initially displayed ad, users can click to view the rest. No other automotive Web site offers this enhanced selection feature.

"More than half of the visitors to our site are browsing and have not made a decision as to what they want to buy," said Dan Crowe, chief information officer, AutoTrader.com. "We evaluated numerous search solutions based on flexibility, scalability and the ability to integrate with our existing systems, and FAST exceeded our requirements in every area. The innovative PowerSearch feature helps our dealers reach even more qualified buyers and provides a way for users to quickly and easily find the car they want to purchase."

"AutoTrader.com was already the leader in its market, but wanted to enrich the buyer's experience with more comprehensive information to make faster and better informed decisions," said Dr. John M. Lervik, chief executive officer of FAST. "FAST ESP not only provided AutoTrader.com with a search solution that goes beyond geocoding and simple make and model search, but because FAST ESP is engineered to augment and often replace traditional data warehouses, FAST ESP drove down hardware and administrative costs as well."

About AutoTrader.com

AutoTrader.com, created in 1997 and headquartered in Atlanta, Ga., is the Internet's leading auto classifieds marketplace and consumer information website. AutoTrader.com aggregates in a single location more than 3 million vehicle listings from 40,000 dealers and 250,000 private owners, which provide the largest selection of vehicles attracting more than 11 million qualified buyers each month. Through innovative merchandising products such as multiple photos and comprehensive search functionality, AutoTrader.com unites buyer and seller online - dramatically improving the way people research, locate and advertise vehicles.

AutoTrader.com is a majority-owned subsidiary of Cox Enterprises. Other investors include Landmark Communications, ADP, Inc., and the venture capital firm Kleiner Perkins Caufield & Byers.

About FAST

FAST is the leading developer of enterprise search technologies and solutions that are behind the scenes at the world's best known companies with the most demanding search problems. FAST's flexible and scalable enterprise search platform (FAST ESP) elevates the search capabilities of enterprise customers and connects people to the relevant information they seek regardless of medium. This drives revenues and reduces total cost of ownership by effectively leveraging IT infrastructure. FAST's solutions are used by more than 2,600 global customers and partners, including America Online (AOL), Cardinal Health, CareerBuilder.com, Chordiant, CIGNA, CNET, Computer Associates, Dell, EMC Documentum, Factiva, Fidelity Investments, Findexa, IBM, Knight Ridder, LexisNexis, Merrill Lynch, Rakuten, Reed Elsevier, Reuters, Sensis, Stellent, Tenet Healthcare, Thomas Industrial Networks, T-Online, US Army, Virgilio (Telecom Italia), Vodafone, and Wanadoo.

FAST is headquartered in Norway and is publicly traded under the ticker symbol 'FAST' on the Oslo Stock Exchange. The FAST Group operates globally with presence in Europe, the United States, Asia Pacific, Australia, South America, and the Middle East and Africa. For further information about FAST, please visit www.fastsearch.com.

(C) 2006 Fast Search & Transfer ASA - Fast Search & Transfer, FAST, FAST ESP, Contextual Insight and the FAST logo are trademarks of Fast Search & Transfer ASA. All rights reserved.