Company Overview
Employees: 72 (As of April 13, 2008)
Offices: New York City & Jerusalem
Stock Symbol: ANSW
Market: NASDAQ
Answers Corporation, founded in 1999, (previously GuruNet) owns and operates Answers.com.
Answers.com is an advertising-supported, free website. Since its launch in January 2005, it has become one of the leading information portals on the Internet. Answers.com's collection of over four million answers is drawn from over 180 titles from brand-name publishers, original content created by Answers.com's own editorial team, community-contributed articles from Wikipedia, and user-generated questions & answers from Answers.com's industry-leading WikiAnswersTM (wiki.answers.com). The site offers useful answers in categories like business, health, travel, technology, science, entertainment, arts, history and many more.
Our unique software, 1-Click AnswersTM (for Windows or Mac OS X), allows a user to click on any word on the screen, in any program, for instant explanations. The answer is displayed in an information bubble using our AnswerTipsTM technology. Bloggers and webmasters can also add the AnswerTips functionality to their own sites.
Answers.com is an ideal tool for the millions of people who must find and deal with all kinds of information as part of their daily routine, among them: writers, editors, students, educators, marketers, journalists, lawyers and professionals. In addition to these markets, we are developing content for specific, additional vertical markets that need a compelling source of relevant content.
As the search engine industry matures and expands in both user awareness and revenues, the core driver to this growth is the content that the various engines index in order to rank and then present to the user. Answers.com is continually adding and optimizing content to provide the "perfect page" to our loyal user base and to users finding our content through the search engines. In fact, almost half of our reference titles are currently available only on Answers.com for free.
We are working on developing our business by increasing the volume of content we publish — specifically the type of material that enhances our advertising revenue stream — and by attracting dedicated, returning users for increased traffic. In addition, we offer Answers.com content as an element for third parties to add to their own sites, in exchange for either a revenue share or a development and usage fee.
Answers.com can be launched directly from within Internet Explorer 7, Firefox and Opera browsers, and its service is integrated into sites like The New York Public Libraries' homeworkNYC.org, The New York Times, CBSNews.com and others. Answers.com is also available for mobile devices at mobile.answers.com. For investment information, visit ir.answers.com.