ToolKing.com and ServiceMagic, Inc. Partner to Provide Business Solutions for Residential Contractors

ToolKing.com partners with ServiceMagic® to offer service professionals exclusive deals and more.

Lakewood, CO (PRWEB) March 29, 2006 -- ToolKing.com, a premier e-commerce site and high volume distributor of consumer, professional and industrial tools, today announced a strategic partnership with Colorado-based ServiceMagic®, Inc., the nation’s leading online resource for connecting homeowners with prescreened and customer-rated residential contractors and home service professionals.

Nearly 25,000 residential contractors visit ToolKing.com on a monthly basis to purchase industry tools. Through the relationship, these contractors will now have the opportunity to access ServiceMagic’s online marketing solution, giving them a proven way to reach targeted consumers utilizing the Internet to find residential contractors. Additionally, ServiceMagic’s nearly 40,000 member businesses will have the opportunity to purchase industry tools at a discounted rate through ToolKing.com.

According to Don Cohen, managing partner of ToolKing.com, “This is a unique partnership between two organizations with highly complimentary business solutions for residential contractors. We strive to provide residential contractors with tools for their business and ServiceMagic is a proven online marketing solution that will help them grow their business.”

About ToolKing.com

Since 1978, Tool King has made a name for itself by offering lower prices on tools and machinery, while providing a better level of service than the competition. Launched in 2001, ToolKing.com continues to offers these advantages, and provides innovative features that help customers choose the best product for their needs, and get more use out of their tools. Internet Retailer has recognized Tool King as a Top 50 website and a Top 5 Home Improvement Website. For More Information, contact Don Cohen at 303-963-4515 or visit http://www.toolking.com

About ServiceMagic®, Inc.

ServiceMagic®, Inc., headquartered in Golden, Colo., is the nation's leading online marketplace connecting homeowners with prescreened and customer-rated home service professionals. Using proprietary technology to match consumer service requests with local service professionals in real time, the company addresses more than 500 different home service needs that range from simple home repairs and maintenance to complete home remodeling projects. ServiceMagic’s nationwide network is made up of nearly 40,000 prescreened and customer-rated home service professionals. The company is an operating business of IAC/InterActiveCorp (NASDAQ: IACI). For more information, visit http://www.servicemagic.com. Those interested in receiving additional content are encouraged to subscribe to ServiceMagic’s News Feed at http://www.servicemagic.com/rfs/library/rssHowToUse.jsp.

For Additional Information:

Don Cohen

303-963-4515

# # #