AOL and Oneindia Forge A Strategic Alliance

Bangalore, Karnataka, India

AOL, a division of Time Warner, one of the world's largest media companies, and Oneindia, the leading online portal in Indian languages, today announced a strategic partnership for powering the content on the Hindi and Tamil language channels of AOL.in.

The language portals, aol.in/hindi & aol.in/tamil will offer compelling content ranging from news, movies, sports, Astrology to art & culture from various regions in India. The News section will be updated with stories as-they-happen including national and international news, while the movies section provides comprehensive coverage of Bollywood & Tollywood with stories on upcoming movies, reviews, actors/actresses interviews, special reports and latest gossip. Apart from daily horoscope, the Astrology channel will provide monthly & weekly forecasts.

“AOL.in will be able to leverage on Oneindia's experience in providing language specific content on Internet. The strategic alliance will offer AOL's audience with a one-stop destination for engaging and informative content on the Internet, in their own language” said Mr. B. G. Mahesh, CEO Greynium Information Technologies Pvt. Ltd., speaking on the occasion.

Commenting on the deal Mr. P.G.Ponnapa, AOL's Vice President, India, stated, "our partnership with Oneindia in launching the language portal will add strategic value to AOL's plan in addressing the growing base of regional users and increasing share in the language market in India.”

About AOL

AOL is a global Web services company, and operates www.aol.in in India. AOL operates some of the most popular Web destinations, offers a comprehensive suite of free software and services, and provides a full set of advertising solutions. A majority-owned subsidiary of Time Warner Inc. AOL LLC is based in Dulles, Virginia. AOL and its subsidiaries also have operations in Europe, Canada and Asia. Learn more at AOL.com.

About ONENDIA

Oneindia (owned by Greynium Information Technologies Pvt. Ltd) is an integrated Internet portal delivering content, community and commerce to Indian consumers, businesses and the global Indian community. oneindia is the market leader in Indian languages (Hindi, Tamil, Telugu, Kannada, Malayalam) and has been serving the regional audiences since year 2000. The Indian Classifieds portal of Oneindia, Click.in, is available in English, Hindi, Tamil, Telugu, Kannada & Malayalam.

Learn more at www.oneindia.in / www.oneindia.mobi (WAP version)

sriram.hebbar@greynium.com

Source: AOL (Business Wire India)

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