IAC Appoints Joey Levin CEO of Mindspark Interactive Network

NEW YORK, Nov. 9 /PRNewswire-FirstCall/ -- IAC (Nasdaq: IACI) announced today
that Joey Levin, currently IAC's Senior Vice President, Mergers & Acquisitions
and Finance, has been named Chief Executive Officer of Mindspark Interactive
Network.

Mr. Levin succeeds John Park, the previous CEO of Mindspark who is leaving IAC
for entrepreneurial endeavors after more than 10 years as an outstanding
business leader and strategist for Mindspark and IAC. He will work with Mr.
Levin and the Mindspark management team to ensure a smooth transition.

"Mindspark is a great business and has become a leader in its category under
John's exceptional management," said Mr. Levin. "The Mindspark brands have
shown tremendous success drawing in users and engaging audiences across the
web. My goal together with the Mindspark team is to continue to build on and
drive new opportunities for growth."

As CEO of Mindspark, Mr. Levin will have primary responsibility for the
strategic and operational leadership of all of Mindspark's brands, which
include Smiley Central, Webfetti, Zwinky, My Fun Cards, CursorMania, Popular
Screensavers, Excite.com and iWon, which, together with IAC's toolbar
distribution business, account for roughly 60 million active toolbars reaching
more than 35 million unique users each month.

Mark Stein, current SVP of Corporate Development for IAC, will join Mr. Levin
at Mindspark assuming the role of Chief Strategy Officer. He will work
closely with the management team to develop Mindspark's strategy and identify
growth opportunities. He will retain his corporate role at IAC as well. Shana
Fisher, currently SVP, Mergers & Acquisitions and Strategy of IAC will assume
Joey's M&A responsibilities in addition to her own. Current Vice President of
IAC Financial Planning & Analysis Mark Schneider will assume Joey's finance
responsibilities, reporting to EVP and CFO Tom McInerney.

About Joey Levin
Mr. Levin has been an executive at IAC for more than 6 years, working in
strategic planning, finance, and M&A. As part of IAC Senior management for the
last 2 years, Joey has had strategic oversight of many of IAC's businesses and
has had a corporate oversight responsibility for Mindspark since mid-2009. He
has worked on a number of transactions for IAC including the acquisitions of
ServiceMagic and PeopleMedia, and the spin-offs completed in 2008. Prior to
joining IAC, Mr. Levin worked in the Technology Mergers & Acquisitions group
for Credit Suisse First Boston (now Credit Suisse) in San Francisco, where he
advised public and private technology and e-commerce companies on a variety of
transactions.

Joey also serves on the board of NASDAQ-listed Tree.com, and private
venture-backed companies The Active Network and Merchant Circle. He
previously served on the board of Points.com prior to the exit of IAC's 20%
position in December 2008. Mr. Levin graduated from the Jerome Fisher Program
in Management & Technology from the University of Pennsylvania, with a B.S. in
Economics from the Wharton School, a B.A.S. in Engineering from the School of
Engineering and Applied Sciences and a minor in Mathematics.

About John Park
John Park was named CEO of Mindspark Interactive Network in January 2008.
Previously, John was Executive Vice President and General Manager of the
Toolbars and Portals division and had served in various senior management
roles in the company since joining in 1999. During his tenure, Park was
responsible for the original development of iWon.com and MyWay.com, as well as
the revamping of Excite.com following the 2001 acquisition of the brand from
@Home. Under his leadership, the Fun Web Products Business has become one of
the fastest growing businesses at IAC.

Prior to joining Mindspark (then known as Interactive Search Holdings (ISH))
in 1999, Mr. Park held senior product development and management roles at
Ameritrade, Prodigy Services and New York Web. He earned a BS in Information
Systems and Management from New York University.

About IAC
IAC operates more than 50 leading and diversified Internet businesses across
30 countries... our mission is to harness the power of interactivity to make
daily life easier and more productive for people all over the world. To view a
full list of the companies of IAC please visit our website at www.iac.com.

Contact Information:
IAC Communications IAC Investor Relations
Stacy Simpson / Leslie Cafferty Lisa Jaffa
(212) 314-7470 / 7326 (212) 314-7400

SOURCE IAC

IAC Communications, Stacy Simpson, +1-212-314-7470, or Leslie Cafferty,
+1-212-314-7326, IAC Investor Relations, Lisa Jaffa, +1-212-314-7400