Oversee.net Acquires Lowfares.com

Increases Presence in Lead Generation Industry

January 11, 2007

Los Angeles. January 11. Oversee.net, a technology-driven media company, today announced that it acquired LowFares.com, the premier travel product comparison research site for consumers. The deal was completed on January 5, 2007 for an undisclosed amount.

The focus of LowFares.com is to provide consumers with a side-by-side comparison of prices from various travel sites, accessible from a single site. Its advertisers include Priceline.com, Hotwire.com, Expedia.com, Cheapair.com, and Orbitz.com. The site provides advertisers with highly-qualified travel leads.

Oversee.net is the parent company of Low.com, a consumer financial portal that helps users find the lowest cost, most reputable purchase, refinance and home equity loans. It connects highly-motivated consumers with financial institutions, resulting in leads that generate among the highest percentage of closed loans in the mortgage industry. Low.com is now positioned as one of America’s top mortgage lead generation companies, doing business with over 100 large financial institutions.

According to Lawrence Ng, Oversee Chief Executive Officer and Co-Founder, “LowFares.com is a great strategic fit for us as we broaden the scope of our lead generation business. Our advanced lead generation technology will boost the value of this consumer site. Coupled with our technical skill and marketing expertise, we expect to enhance the site’s offering to both consumers and advertisers.”

Joshua Lippiner, the President and Founder of LowFares.com, will join Oversee.net to manage LowFares.com as part of the Company’s lead generation business.

About Oversee.net
Oversee.net is a technology-driven media company that was recently recognized as the third fastest growing private company in Los Angeles. Its core businesses are direct navigation, lead generation and online advertising solutions. Oversee has over 150 employees and has been growing profitably since inception. For more information, please visit http://www.oversee.net.