Announces Stockholder Approval of Acquisition by Permira

Thu Dec 27, 2012 11:50am EST

* Reuters is not responsible for the content in this press release.

PROVO, Utah, Dec. 27, 2012 (GLOBE NEWSWIRE) -- (Nasdaq:ACOM), the world's largest
online family history resource, today announced that the stockholders have approved
the previously announced merger agreement pursuant to which a company owned by Permira funds and
co-investors, will acquire the Company.

Based on the preliminary tabulation of the stockholder vote, approximately 99% of the total votes
cast, which represents approximately 75% of the total shares outstanding of as of the
November 30, 2012 record date, were voted in favor of adopting the merger agreement.

"We are very pleased with the outcome of today's vote," said Tim Sullivan, President and Chief
Executive Officer of and a member of the Company's Board of Directors. "On behalf of, I want to thank our stockholders for their support throughout this process. We look
forward to closing the merger by year-end."

Qatalyst Partners LP is acting as financial advisor and Wachtell, Lipton, Rosen & Katz is acting
as legal counsel to

About Inc. is the world's largest online family history resource, with approximately 2
million paying subscribers. More than 11 billion records have been added to the site in the past
16 years. Ancestry users have created more than 41 million family trees containing approximately 4
billion profiles. In addition to its flagship site, offers several localized Web
sites designed to empower people to discover, preserve and share their family history.

The, Inc. logo is available at

About Permira

Permira is a European private equity firm with global reach. The Permira funds, raised from
pension funds and other institutions, make long-term investments in companies with the ambition of
transforming their performance and driving sustainable growth.

Founded in 1985, the firm advises funds with a total committed capital of approximately $30
billion. Over the past 26 years the Permira funds have made nearly 200 private equity investments,
over 30% of which have been in the core sector of Technology, Media & Telecom ("TMT").

For more information visit:

Forward-looking Statements

Statements about the expected timing, completion and effects of the proposed merger and all other
statements in this document, other than historical facts, constitute forward-looking statements
within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and
any such forward-looking statements are qualified in their entirety by reference to the following
cautionary statements. All forward-looking statements speak only as of the date hereof and are
based on current expectations and involve a number of assumptions, risks and uncertainties that
could cause the actual results to differ materially from such forward-looking statements. The
Company may not be able to complete the proposed merger on the terms described above or other
acceptable terms or at all because of a number of factors, including the failure to satisfy the
proposed merger's closing conditions. Factors that may affect the business or financial results of
the Company are described in the risk factors included in the Company's filings with the
Securities and Exchange Commission, including the Company's 2011 Annual Report on Form 10-K and
later filed quarterly reports on Form 10-Q and Current Reports on Form 8-K, which factors are
incorporated herein by reference. The Company expressly disclaims a duty to provide updates to
forward-looking statements, whether as a result of new information, future events or other

Additional Information and Where to Find It

In connection with the proposed merger transaction, the Company has filed with the SEC and
furnished to the Company's stockholders a definitive proxy statement dated November 30, 2012.
Stockholders are urged to read the proxy statement because it contains important information about
the proposed transaction. Investors and security holders may obtain a free copy of documents filed
by with the SEC at the SEC's website at . In
addition, investors and security holders may obtain a free copy of's filings with the
SEC from's website at or by directing a request to: 360 West 4800 North, Provo, Utah 84604, Attn: Investor Relations, (801) 705-7942.

CONTACT: Contact Information
         Aaron Felix
         (801) 705-7942
         Heather Erickson
         (801) 705-7104
         Noemie de Andia
         +44 20 7632 1159
         Brooke Gordon / Nathaniel Garnick
         Sard Verbinnen & Co
         (212) 687 8080