Press Release

SOURCE: uDate.com, Inc.

uDATE REPORTS SUBSTANTIAL GROWTH IN SUBSCRIPTION RECEIPTS AND NEW REGISTERED MEMBERS
NEW YORK, June 5 /PRNewswire/ -- uDate.com, Inc. (OTC Bulletin Board: UDAT - news), the online personals group providing dating and matchmaking services globally through the two leading brands http://www.udate.com and http://www.kiss.com, today reports continued growth in registered members and subscription receipts for both April and May 2001. During April 2001 the company recorded 275,440 new registered members and took $1,435,610 in membership subscriptions. May 2001 showed continued growth with 385,425 new registered members and 1,542,434 in membership subscriptions.
``I am delighted with the company's strong and consistent growth which is in line with our expectations. These results are spectacular and clearly demonstrate the progress we are making with the development of the business and the consolidation of Kiss.com. Our total membership database now extends to 4,546,236 registered members and our position as the leading publicly traded business dedicated to this market sector is now firmly established,'' said Mel Morris Chief Executive Officer of uDate.com, inc.
As a direct result of the growth during April and May, 2001 the uDate.com web site has been regularly hosting an estimated 4,500 online users during peak hours, up from 3,500 users during the first quarter of 2001.
``In analyzing the uDate.com and Kiss.com applications we have identified a number of opportunities which we intend to take advantage of. Our technology team is currently working on the integration and optimization of the applications and we expect to complete this work during Q3 2001. At that point we will consider further consolidation opportunities,'' Morris added.
About uDate.com, Inc.
uDate.com, Inc. operates high-quality web sites that serve the online singles community. The company stresses service, efficiency and personal security through its two leading brands uDate.com (http://www.udate.com) and Kiss.com (http://www.kiss.com).
uDate.com was launched commercially in February 1999 to provide a comprehensive Internet dating service featuring extensive customer profiles, sophisticated matchmaking technology and fully integrated instant messaging capabilities. uDate.com operates at the top end of its market sector with more than 1.8 million registered members and provides features that surpass the most professional off-line dating services.
Kiss.com was launched in 1995 and is a market leader in the provision of online picture personals. Kiss' product offering provides its more than 2.7 million registered members with immediate opportunities for dating and romance, as well as a number of off-line services such as special events.
Both uDate.com and Kiss.com web sites offer free registered membership. A registered member of either web site may post their profile and photographs and utilize the search or matchmaking features offered by the site. To enable communication with other members however, registered members must purchase a subscription. Subscription plans are available allowing communication for periods of five days to 24 months.
Forward-Looking Statements
Subscription receipts as stated in this release relate to paid memberships purchased during the period stated. Revenues reported in SEC filings are prepared subject to US GAAP and are based on subscription receipts for the period, adjusted for deferred revenues to take account of membership pre-payments.
Certain statements in this press release that do not contain historical facts or information are ``forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include those (a) that contain the words ``may,'' ``will,'' ``should,'' ``estimates,'' ``predicts,'' ``potential,'' ``continue,'' ``strategy,'' ``believes,'' ``anticipates,'' ``plans,'' ``expects,'' ``intends,'' and similar expressions, (b) that describe any of the Company's or management's plans, objectives or goals for future operations and products, or (c) that concern the characteristics and growth of the Company's markets or customers or products or the expected liquidity and capital resources of the Company. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, levels of activity, performance or achievements of the Company to be materially different from any future levels of results, activity, performance or achievements expressed or implied by such forward-looking statements. Such risks include, among others, those set forth in the Company's Annual Report on Form 10-KSB under the heading, ``Risk Factors'' contained within Item 6. Management's Discussion and Analysis or Plan of Operations. Such Risk Factors include the following: risks related to the Company's financial condition and business model, risks related to the Company's markets and strategy, risks related to the internet and the Company's technology infrastructure, risks related to government regulation, and risks related to volatility in the price for the Company's securities and the effect of future sales of the Company's common stock. For a detailed discussion of these risk factors and other cautionary statements, please refer to the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-KSB for the most recently ended year.
SOURCE: uDate.com, Inc.