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ON24 Selected by Yahoo! for Webcast Marketing and Referrals

ON24, the premier webcast and multimedia communication solutions provider, today announced the company has been chosen by Yahoo! Inc. for an exclusive referral alliance. Under the terms of the agreement, ON24, developer of the industry-leading Webcast Center product, becomes Yahoo!'s preferred and exclusive partner for enterprise webcast solutions.

Under the agreement, Yahoo! will recommend ON24 to customers interested in online communications initiatives. Currently, over 450 customers worldwide use ON24's ASP webcast platform, Webcast Center, for sales lead generation, executive presentations, continuing education, product demonstrations, analyst briefings, tradeshows and more.

"We are delighted to have been selected by Yahoo! as their strategic partner for webcasting, multimedia solutions and streaming multimedia services," said Sharat Sharan, president and CEO of ON24. "This agreement clearly demonstrates the further expansion and leadership position of ON24's webcasting services for the enterprise."

About ON24, Inc.

ON24 is a leading provider of webcast and multimedia communication solutions. ON24 offers one-stop solutions for internal and external multimedia communications for customers in the enterprise, technology, healthcare, government and financial services industries. More than 500 leading companies including Cardinal Health, Cisco Systems, Credit Suisse First Boston, Hewlett Packard, Merrill Lynch, NCAA, Philips, and Sun Microsystems use ON24 for activities such as conferences and events, product launches, sales training, continuing medical education, executive announcements, equity research and financial road shows. Based in San Francisco, the privately held company was founded in 1998. Companies interested in learning more about ON24's solutions can call 415.369.8000 or send inquiries to solutions@on24.com.

Distributed by Market Wire