Lycos.com Deploys Fast Search & Transfer Technology

Companies Plan Database of 1 Billion URLs in the Coming Year

WALTHAM, Mass., and OSLO, Norway, June 14, 2000 — Lycos, Inc. (NASDAQ: LCOS), the Internet’s leading multi-brand network, today announced its Lycos.com main search database has grown to the top spot in Web coverage with more than 340 million Web pages. Powered by Fast Search & Transfer™ (FAST™), a leader in Internet search technology, Lycos now offers the largest search database on the Web today. The companies are on the path to achieve a one billion URL catalog in the coming year.

“Lycos.com search has made a tremendous leap forward in catalog size and quality and is now providing the largest catalog on the Web giving users the greatest opportunity to find the right match to their queries,” said Ron Sege, executive vice president of Lycos. “Lycos has collaborated with FAST on search products such as FTP, MP3 and multimedia, so this new agreement with FAST on Web search technology is a natural extension of our search strategy. By identifying the best search technologies and adding them to our own proprietary approaches, we are able to create search sites that help the user more easily exploit the power of the Internet.”

"We are pleased to be expanding our strategic relationship with Lycos by powering both Lycos main and advanced Web searches, and are looking forward to further Lycos deployment of FAST search technologies on other Lycos domestic and international properties," said Rob Fisher, CEO of Fast Search & Transfer ASA. "We have stated publicly that our goal is to eventually search the entire Web, and FAST's commitment to building a catalog of over one Billion URLs is further evidence of our striving toward this goal. We know of no other search architecture that can efficiently scale to this magnitude and still provide response times of less than a second."

On June 5, WebSideStory, Inc. reported that Lycos has risen to become one of the leading most popular referring search engines according to their StatMarket application. StatMarket’s search referral statistic reports on the amount of traffic a search engine directs, or refers, to other Web sites.

“We have made some dramatic enhancements to our search products over the past several months making popular and timely information more accessible to our users,” said Lincoln Jackson, group product manager of search & integration at Lycos.com. “By integrating FAST into our Lycos.com search products, we deliver on the more unique and specific requests of our users. It’s simple: We want our users to be satisfied across the entire spectrum of their queries 100% of the time.”

Lycos and FAST have signed a multi-year agreement for FAST to provide Lycos with access to FAST’s advanced Web Search technology. FAST technology has been a key component of Lycos Advanced Search since December 1999 and has significantly contributed to the product’s growth in daily page views. FAST is now integrated into Lycos.com's main search service.

About Fast Search & Transfer ASA
Fast Search & Transfer ASA (FAST) develops and markets advanced and innovative search, real-time filtering, and multimedia solutions for the wired and wireless Internet and corporate markets. The company's corporate headquarters and research and development operations are based in Oslo, Norway. Marketing, sales, engineering, and operations, are run from the US headquarters in Boston. In addition, FAST has offices in Trondheim and Tromsø, Norway, Manchester and London, UK, and San Francisco, USA. The company's products include the world's largest and most scalable search engines, flexible high-capacity alert engines, and state-of-the-art image and video compression. FAST works with market leading companies including Dell, Exodus, Jazztel, Lycos, Looksmart, Tibco and Scandinavia Online. The company has offices in North America and Europe. FAST shares are traded OTC in Oslo, Norway. For more information about FAST, visit http://www.fast.no

About Lycos, Inc.
Founded in 1995, Lycos, Inc. is a leading Web media company and owner of the Lycos Network, one of the most visited hubs on the Internet reaching nearly one out of every two U.S. Web users. The Lycos Network is a unified set of Web sites, attracting a diverse audience by offering a variety of services, including leading Web search and navigation resources; Web community and communications services including free homepage building, free Web-based e-mail, clubs, chat, instant messaging; a personalized My Lycos start page; a comprehensive shopping center featuring more than 2,400 merchants; and an assortment of compelling content such as games, music, news, fun and educational information and activities for kids as well as information about investing, technology, entertainment, sports, small business, travel and more. The Lycos Network is composed of Lycos.com, Tripod, WhoWhere, Angelfire, MailCity, HotBot, HotWired, Wired News, Webmonkey, Suck.com, Sonique, Quote, Gamesville and Lycos Zone. Headquartered near Boston in Waltham, Mass., Lycos, Inc. is a global Internet leader with a major presence throughout the U.S., Europe, Asia and Latin America.

On May 16, Lycos, Inc. entered into a definitive agreement with Terra Networks, S.A. (MC: TRR; NASDAQ: TRRA), a global Internet company and the leading provider of Internet access and interactive content and services to the Spanish- and Portuguese-speaking world, under which Terra will acquire Lycos in a stock-for-stock transaction. Upon completion of the transaction, Lycos shareholders will own approximately 37% to 46% of the new company, Terra Lycos. The formation of Terra Lycos is subject to shareholder and regulatory approval.