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Jingle Networks Announces 1-800-FREE411 Profitability; Company to Celebrate 500 Millionth Call and 1 Billion In Call Advertisements Company Shifts Headquarters from California to Massachusetts; Announces Executive Changes

Jingle Networks, Inc., the leader in free advertiser supported voice search and operator of 1-800-FREE411, announced today that during the second fiscal quarter of 2008 it has reached per-call profitability, marking a key milestone in the growth of the free directory assistance market.

Since the company’s launch in September 2005, Jingle has become the country’s largest provider of free directory assistance and has amassed a base of more than 130,000 paying advertisers. Jingle’s advertisers include hundreds of major household names like McDonald’s, WalMart, Ford and Radio Shack, as well as tens of thousands of small independent retailers in virtually every Yellow Pages category and local market. In the quarter ahead, Jingle expects to pass two other key milestones — answering its 500 millionth phone call and serving over 1 billion in call advertisements.

“Reaching these milestones is a testament to the effectiveness of the telephone as a new media channel” said Scott Kliger, Jingle’s CEO. “Our interactive audio ads are unique in that they work as well for large brand advertisers as they do for direct response advertisers. The effectiveness of the campaigns our advertisers run is unmatched in any other media.”

Jingle also announced today the relocation of their corporate headquarters from Menlo Park, Calif. to Bedford, Mass. In conjunction with this relocation, the company is also announcing the promotion of two key executives. John Roswech, formerly SVP of Sales & Business Development, will now be joining the Board of Directors and will serve as the company’s President. Scott Kliger, the company’s founder, will now assume the CEO role. George Garrick, Jingle’s former CEO remains on Jingle’s Board as a key strategic advisor to the company.

“The last two and a half years have been a wonderful experience for me and I’m thrilled that Jingle has been able to accomplish so much in launching this exciting new industry. Our structure has worked well to this point, but as we continue to accelerate our growth its clear going forward that the geographical separation is not optimal for me or the company. We have a strong executive team and a great group of people who will continue to take this business to the next level” said George Garrick.

“George has played a key role in helping guide Jingle to become the market leader in free directory assistance. Our ability to reach today’s milestones is a credit to his leadership. While I’m sorry to see George leave, I understand the challenge that living on the West Coast and managing a team on the East Coast has been for him,” said Kliger.