Yahoo! Appoints Tim Koogle as President and CEO

Mountain View, Calif. -- August 2, 1995 -- Yahoo! Corp., the publisher of the most intuitive, up-to-date and efficient guide to the online world, announced today the appointment of Tim Koogle to the position of president and CEO. Mr. Koogle is replacing Philip J. Monego, Sr. of Technology Perspectives Inc. who served as Yahoo!'s interim CEO and president since the company's incorporation in April 1995.

In his new position, Koogle will oversee all operations of Yahoo! Corp. and manage the evolution of the company's popular online guide -Yahoo! - from a university project into a successful online business.

"We are thrilled that Koogle will be joining the Yahoo! team," said Jerry Yang, co-founder of Yahoo! "His wealth of management experience in the computer and electronics industry with both start-ups and major corporations will be instrumental to Yahoo!'s professional evolution."

Prior to joining Yahoo!, Koogle was president of Intermec Corporation, a Seattle-based manufacturer of automated data collection and data communications products, for a three year period. Under Koogle's leadership, Intermec's annual sales rose by nearly 50 percent to over $300 million dollars. Koogle also served as corporate vice president of Intermec's parent company, Western Atlas Inc., a multinational information services and technology company with revenues exceeding $2.4 billion annually. Prior to Intermec, Mr. Koogle spent almost nine years with Motorala Inc., where he held a number of executive management positions in both operations and the corporate venture capital group.

Mr. Koogle received his M.S. and Engr. D. from Stanford University. He has been an active participant in numerous electronic industry trade associations including chairman of the board of directors for AIM, the principal worldwide trade association for the automated data collection industry.

About Yahoo! Corp.

Located in Mountain View, Calif., Yahoo! is a company devoted to helping consumers and working professionals make the most of their online experiences. Yahoo! publishes the most intuitive, up-to-date and efficient guide for information and online discovery, which bears its same name. Much more than a simple directory or search engine, Yahoo!'s guide enables users to navigate through the Internet and gather their own online information for both business and pleasure. Additionally, the guide is an ideal home base for netsurfing. Yahoo! can be found on the Internet's World Wide Web at Universal Resource Locator (URL) address http://www.yahoo.com.

# # #

Yahoo! and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo! Inc.
All other names are trademarks and/or registered trademarks of their respective owners.