Hoover's Online Wins Three Awards

FOR IMMEDIATE RELEASE

Selected As Top Site By PC Magazine And Selling Power; Ranked One Of The Best Online Publishers By media Magazine

AUSTIN, TEXAS - February 19, 2002 - Hoover's Online (www.hoovers.com), the business information service operated by Hoover's, Inc. (Nasdaq: HOOV), today announced it has received three awards in February 2002. Hoover's Online has been selected as a Top 100 Web Site by both Selling Power magazine and, for the second year running, PC Magazine. Additionally, in media magazine's first-ever ranking of online publishers, Hoover's Online was ranked among the top five in the business category.

For the second year in a row, PC Magazine named Hoover's Online one of its Top 100 Classic Web Sites in the business and finance category. Selling Power ranked Hoover's Online a Top 100 Web site in the Sales Leads category. According to Selling Power, "Bookmark this site to research new prospects, monitor your competitor's financial moves, get access to vital business information and sign up for valuable industry newsletters."

Hoover's Online was selected by media magazine based on several criteria, including quantitative data, such as number of unique users; quality of site content; the extent to which the site has been an innovator or leader in online advertising; and a survey of MediaPost members (rankings based on service, ad units, serving, measurement and negotiation).

"We couldn't have earned these accolades without the dedication and hard work of our outstanding group of employees," said Jani Farlow Spede, Hoover's senior vice president of sales and marketing. "We are excited our Hoover's Online service has been selected a second consecutive time by PC Magazine, and we are especially thrilled to earn recognition from both Selling Power and media magazines, as this shows we are reaching our target audience of sales, marketing and business development professionals to provide them with valuable business intelligence."

About Hoover's, Inc.

Hoover's, Inc. (Nasdaq: HOOV) provides online business information and tools to help businesspeople get their jobs done. Hoover's information is available through its destination site Hoover's Online (www.hoovers.com), through co-branding agreements with other online services, through enterprise information portals and through Hoover's Business Press. Hoover's investors include AOL Time Warner (NYSE: AOL), Media General (NYSE: MEG), 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 New York City and San Francisco.

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