Call Ezee Receives Strategic Investment from Yahoo!

Bangalore, December 18, 2008: Info Network Management Company Pvt. Ltd. (INMAC) today announced a strategic investment from Yahoo!, a global internet leader. Chennai based INMAC is more popularly known by its consumer brand, Call Ezee. With this investment, Yahoo!’s Dutch subsidiary acquired approximately 30% stake in INMAC, along with representation on INMAC’s Board.

Call Ezee is a telephone directory search service currently covering 14 cites across India, including the 6 largest cities – Mumbai, Delhi, Chennai, Bangalore, Hyderabad and Kolkata. Consumers can call the local Call Ezee number from any mobile or fixed line phone and request contact details of any business, or a list of businesses that offer the product or service they are looking for. INMAC expects the funding provided by Yahoo! to enable it to continue to develop its team and technology as it seeks to triple its reach across India over the next two years.

Since its inception in 2006, Call Ezee has gained the loyalty of both businesses and consumers by fulfilling their advertising and directory needs. Small businesses focused on Return on Investment (ROI) find Call Ezee to be efficient in generating new sales leads, while consumers appreciate the ability to receive instant information on businesses in their local area, free of cost. Indian businesses can also contact Call Ezee to be listed on the directory without any charge, although sales leads are charged on a premium listing or ‘pay for performance’ basis.

INMAC plans to continue to differentiate itself from competitors with its in-depth knowledge of local markets, advanced data collection abilities and new product launches aimed at increasing advertisers’ ROI.

About INMAC

INMAC is a large tele-information services provider present in 14 cities across India with another 6 cities expected to be added in the near term. With unique access numbers, detailed database of listings and a large sales force across most major cities in India, INMAC is today poised to transition to the next stage of growth. Within 2 years of launch, INMAC has garnered strong market share in Chennai, Bangalore and Hyderabad, and has demonstrated excellent growth in newer markets such as Mumbai and Delhi. INMAC aims to replicate its success across more cities inIndia and become a nationally recognized brand for directory services. INMAC has been promoted by Mr. TS Narayanaswamy who has nearly two decades of experience as a leading sales associate for large multinational banks.

About Yahoo! Inc.

Yahoo! Inc. is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California. For more information, visit pressroom.yahoo.com (http://pressroom.yahoo.com/) or the company's blog, Yodel Anecdotal (http://yodel.yahoo.com/).