hakia.com Raises Total Funding to $21 Million

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Mon Jan 7, 2008 9:30am EST 

New Investment Will Drive Building of Semantic Advertising
                   Platform and European Datacenter
NEW YORK--(Business Wire)--hakia.com, the Web's new meaning-based search engine, announced
today that it has raised a $5 million investment from Prokom
Investments S.A., a current shareholder. This transaction raises the
total of all shareholder investment capital in hakia to $21 million.
The new funds will be instrumental to hakia.com as it builds a
semantic advertising platform and a European datacenter.

   According to Dr. Riza Berkan, founder and CEO of hakia, "We
understand the responsibility of each investment and hakia.com's role
in driving search to the next level. We are nearing the end of our
first development stage and will use this investment to build our
semantic advertising platform."

   Added Ryszard Krauze, CEO of Prokom Investments S.A., "Dr. Riza
Berkan, and the team at hakia.com, are driving Web search to a new
level. The task is arduous, but, we have seen that this team is
pushing the search industry to its next level. We look forward to
being a part of their success."

   In addition to Prokom Investments S.A., hakia's institutional
investors include Prokom Software S.A.; Noble Grossart Investments
Limited: a subsidiary of Noble Grossart Limited; Alexandra Investment
Management: an SEC-registered investment adviser; KVK: the largest
distributor of mobile telecommunication services and products in
Turkey.

   Some private investors include Dr. Pentti Kouri, who is also a
co-founder, a New York-based economist and venture capitalist; Lu Pat
Ng, representing his family from Malaysia who has substantial
investments worldwide. Murat Vargi; one of the founding shareholders
of Turkcell, the leading GSM operator of Turkey and the only
NYSE-listed Turkish company.

   The hakia board of directors includes Dr. Riza C. Berkan, CEO &
Co-Founder; Bill Bradley, former U.S. Senator; John Gryzmala; Dr.
Pentti Kouri, Chairman of the Board & Co-Founder; Anuj Mathur,
Alexandra Investment Management; Ryszard Krauze, Prokom Investments;
and Murat Vargi.

   About hakia.com

   hakia.com has developed the Web's new meaning-based search engine,
utilizing a radically new infrastructure designed to deliver the most
relevant search results. Founded in 2004, the company is privately
held and based in New York City. Go to http://www.hakia.com.

   About Prokom Investments S.A.

   Prokom Investments S.A. is Poland's major private equity fund
which operates globally, comprising several dozen enterprises.
Established in 1997, the company concentrates its activities on IT,
biotechnology, real estate, construction, and the oil industry.

For hakia.com
Rob Wyse, 212-920-1470
rob@m1pr.com

Copyright Business Wire 2008
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