LoanWeb Completes Sale of 4Insurance.com

LoanWeb sells one of the Internet's original insurance sites to Insurance.com

Calabasas, CA (PRWeb) March 14, 2007 -- LoanWeb®, a leader in online mortgage marketing, today announced completion of the sale of 4Insurance.com, one of the original insurance sites on the internet. LoanWeb sold 4Insurance.com to Insurance.com, a ComparisonMarket Company, after a decade of providing consumers with multiple rates quotes on auto, life, home and health insurance products.

Both the LoanWeb.com and 4Insurance.com websites were launched in 1996, providing consumers with an online destination that offers multiple rate quotes on loan and insurance products. LoanWeb agreed to sell the website to Insurance.com in order to concentrate the company's efforts on their core product - online mortgage lead generation.

About LoanWeb

LoanWeb, one of the Internet's original mortgage marketing companies, was founded in 1996. By providing consumers with an online destination that gives offers consumers the power of comparison shopping the industry's top companies, LoanWeb attracts nearly two million unique visitors each month to its e-commerce sites. Partnerships with Internet pioneers have positioned the Company as a leader in the online mortgage marketing industry. LoanWeb has been recognized by Inc. Magazine as one of the nation's fastest growing private companies. For additional information, visit www.loanweb.com.

About Insurance.com

Insurance.com (www.insurance.com), based in Solon, Ohio, is owned and operated by Insurance.com, Inc., a ComparisonMarket Company. Insurance.com enables consumers to instantly compare and buy competitive auto insurance quotes (www.insurance.com/auto.aspx) directly from more than a dozen leading insurance companies. When ready to purchase, users have the option of completing the transaction online or talking directly to an unbiased, licensed agent. Other products include life, health and home insurance, as well as travel, dental and pet health insurance. Insurance.com also operates 4Insurance.com (www.4Insurance.com).

Contact:

Jeffrey Sullivan

LoanWeb

Phone: 800.410.1955 x193

Fax: 818.591.5863

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Contact Information
DAWN SUE-DARE
LoanWeb
http://my.loanweb.com
818-999-4070

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