Sprint And Hoover's Provide Business Information Via The Sprint PCS Wireless Web

FOR IMMEDIATE RELEASE

Customers Gain Access To Hoover's Online Virtually Anywhere, Anytime Via Sprint PCS Nationwide Network


KANSAS CITY, Mo., and AUSTIN, Texas - (April 23, 2001) - Sprint (NYSE: FON/PCS), which operates the fastest-growing, all-digital, all-PCS carrier in the United States, and Hoover's, Inc. (Nasdaq: HOOV), a leading provider of online business information, tools and content integration and syndication technology, today announced the availability of Hoover's Online (www.hoovers.com), the businessperson's premier online information resource, via the Sprint PCS Wireless Web.

Sprint PCS customers can now search for and retrieve information on approximately 17,000 public and private enterprises worldwide via Hoover's Online. Users can conduct searches by company name or ticker symbol to find company descriptions, locations, basic financials, top officers, competitors, stock quotes and news, all from their Sprint PCS Internet-ready phones.

"We're pleased to be able to bring the leading online provider of business tools, services and information to our customers on the Sprint PCS Wireless Web," said Jay Highley, vice president, business marketing, Sprint PCS. "Our partnership with Hoover's demonstrates our continuing commitment to provide our business customers with the tools they need to maintain a competitive edge."

"This agreement with Sprint PCS fortifies Hoover's position as a leader in the delivery of high-quality business content and services anywhere and any time our customers want it," said Craig Lakey, vice president of marketing, Hoover's Online. "This alliance further builds upon our wireless initiative to deliver Hoover's content across a wide range of Internet-capable wireless devices."

About Sprint


Sprint is a world-class global communications company - at the forefront of integrating wireline and wireless communications services. Sprint is a large carrier of Internet traffic and a leader in broadband communications. Sprint built and operates the United States' first nationwide all-digital, fiber-optic network and provides a portfolio of advanced data communications services. Sprint operates the largest 100-percent digital, 100-percent PCS nationwide wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities across the country. Sprint has $23 billion in annual revenues and serves more than 23 million business and residential customers. For more information, visit the Sprint PCS web site at http://www.sprintpcs.com.

Sprint PCS offers a program designed to assist developers in the creation of wireless Internet applications for the Sprint PCS Network and the wireless data industry. The Sprint PCS Wireless WebSM Application Developer's Program, which is posted at http://developer.sprintpcs.com, provides technical assistance and a developer's forum to foster compelling application development. The site also provides industry information and information on current and future Sprint PCS wireless data products, tools and services.

About Hoover's, Inc.


Hoover's, Inc. (Nasdaq: HOOV) provides online business information, tools, and content integration and syndication technology to help businesspeople get their jobs done. Hoover's information is available through its destination sites Hoover's Online (www.hoovers.com) and the company's other sites in France, Germany, Italy, Spain and the U.K., through syndication and co-branding agreements with more than 30 other online services, and through customized applications developed for enterprise information portals, corporate intranets and business-to-business vertical and content sites. Hoover's investors include AOL Time Warner (NYSE: AOL), Media General (AMEX: MEG.A), NBC -- a unit of General Electric (NYSE: GE), and Knowledge Universe, through its Knowledge Net Holdings and Nextera Enterprises (Nasdaq: NXRA) units. Hoover's is headquartered in Austin, Texas, and has offices in London, New York City and San Francisco.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements relating to future events or results that involve risks and uncertainties, including statements regarding the expected benefits of strategic relationships, future services and new products. Among the important factors which could cause actual results of Hoover's to differ materially from those in the forward-looking statements are the market demand and acceptance of new and enhanced services, the success of new features and tools from Hoover's Online and Hoover's Media Technologies, the retention of subscribers and customers, ability to attract new subscribers and customers, competition, economic conditions specific to the Internet, as well as general economic and market conditions and other factors described in Hoover's reports and documents filed from time to time with the Securities and Exchange Commission, including its prospectus and recent 10-K and 10-Q filings.

-- 30 --

Contacts

L Glass
Hoover's, Inc.
512-374-4500
lglass@hoovers.com