Idearc Executives Discuss Switchboard.com and Other Directory Assets Acquisition from InfoSpace

DALLAS--(BUSINESS WIRE)--Idearc Inc. (NYSE: IAR), home to Superpages.com® and publisher of the Verizon® Yellow Pages, has signed a definitive agreement to acquire Switchboard.com and other online directory assets from InfoSpace Inc. (NASDAQ: INSP) for $225 million.

The company will host a conference call at 11:00 a.m. (Eastern) today to discuss the acquisition. To access the conference call, please dial 866-672-2663. International callers should dial 973-582-2772. The pass code for both will be 9250586. In order to ensure a prompt start time, please dial into the call by 10:50 a.m. (Eastern). A replay of the teleconference will be available at 877-519-4471. International callers can access the replay by calling 973-341-3080. The replay pass code for both will be 9250586. The replay will be available through

September 24, 2007. In addition, a live Web cast will be available on Idearc's Web site at www.Idearc.com, under the Investor Relations tab.

The addition of Switchboard.com and other InfoSpace directory assets will significantly increase the scale of Idearc’s online directory platform, Superpages.com, and benefit Idearc advertisers who will be seen by more consumers. Idearc plans to leverage its existing infrastructure, advertiser base and product demand to more fully monetize the quality organic traffic acquired from InfoSpace.

About Idearc Inc.

Idearc Inc. (NYSE:IAR) connects buyers and sellers with its multi-platform of advertising solutions including Verizon^® Yellow Pages, Verizon^® White Pages, smaller-sized portable Verizon^® Yellow Pages Companion Directories, Superpages.com^® , Superpages Mobile^SM, Solutions At Hand™ magazine, Solutions at Home™ magazine, and Solutions on the Move™ and Solutions Direct™ direct mail packages. Idearc provides sales, publishing and other related services for more than 1,200 distinct directory titles in 35 states and the District of Columbia. Superpages.com, the expert in local search with more than 2.8 billion network searches and 18 million business listings in the United States in 2006, offers advertisers a variety of online advertising solutions. Superpages Mobile provides local search functionality for wireless subscribers. For more information, visit www.Idearc.com.

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