CareerBuilder Selects FAST to Optimize Search Capabilities - Selection of FAST Data Search Technology Helps Prepare Leading Online Recruitment Source for Future Expansion

This morning, Fast Search & Transfer (FAST) announced that CareerBuilder, one of the leading online career and recruitment sites, has selected FAST's Data Search technology to improve the search capabilities of its site. In partnership with Tribune Company (NYSE:TRB) and Knight-Ridder Inc.(NYSE:KRI), CareerBuilder includes the Web's top newspaper sites and currently represents more than 25,000 employers, 400,000 job postings and 4,000,000 resumes. FAST receives revenue from CareerBuilder in the form of software license, maintenance, and professional service fees.

OSLO, Norway & WELLESLEY, Mass. - 13 August 2002 --Fast Search & Transfer (FAST), a leading developer of search and real-time alert technologies, today announced that CareerBuilder®, the industrys most complete online recruitment source for efficiently finding better candidates and jobs, has selected FAST Data SearchTM technology to optimize the search on www.careerbuilder.com. Currently containing over 400,000 job postings and 4,000,000 resumes, CareerBuilder expects to maintain its quality of service as the volume of searches for resumes and job postings increases by using FAST Data Search. Terms of the agreement were not disclosed.

As the industrys most complete online recruitment source for efficiently finding better candidates and jobs, it is imperative that we effectively scale the performance of our search engine capabilities to deliver information with speed and accuracy that meets the needs of both employers and job seekers," said Eric Presley, chief technology officer at CareerBuilder. FAST Data Search provided us with technology that scales in both functionality and performance, and therefore helps us prepare for future customer demands. With FAST Data Search, we expect to be able to deliver consistently superior levels of service even while the volume of resume and job searches increases."

We are pleased that one of top leaders in online recruitment, CareerBuilder, has selected FAST Data Search," said John M. Lervik, chief executive officer of FAST. While our goal is to create technology that connects people and information faster, CareerBuilder connects employers and job seekers, a key component of the economic landscape. By selecting FAST Data Search and leveraging the technologys strength in handling large amounts of information and efficiently scaling to handle any query volume, CareerBuilder is geared up for superior performance today and into the future."

With its highly scalable and modular configuration, FAST Data Search delivers solutions for customers who want to increase the speed and performance of searches, successfully complete transactions at a lower cost, and generate additional revenues. From smaller installations to the most demanding cases where frequent real-time updates are made to existing data and large numbers of users need to search common data in real-time, FAST Data Search supplies a complete information retrieval solution. With advanced linguistic technologies, support for over 225 file formats and 49 languages, and categorization and dynamic result clustering, FAST Data Search quickly connects users to the information they seek.

About CareerBuilder
CareerBuilder is a leading online source for maximizing recruitment dollars and optimizing job searches with superior products, customer service and technology. With a unique combination of national, local and niche audiences, CareerBuilder makes it easy for recruiters to reach the most qualified candidates with industry-leading market research data and support. Job seekers can search for the right job from more than 400,000 continuously updated postings, representing more than 25,000 of the top employers in virtually every industry, field and location. In partnership with Tribune Company (NYSE:TRB) and Knight-Ridder Inc. (NYSE: KRI), CareerBuilder includes the Webs top newspaper sites -- the most trusted employment sources in recruiting. For more information about CareerBuilder products and services, call 888-670-TEAM or visit CareerBuilder at http://www.careerbuilder.com.

About FAST
Fast Search & Transfer ASA (FAST) creates the real-time search and filter technology solutions that are behind the scenes at some of the worlds best known companies with the most demanding search problems. FASTs flexible and scalable integrated technology platform spans both Internet and enterprise customers, and elevates search to unprecedented levels. FAST closes the gap between information and action, connecting people to the relevant information they seek regardless of medium, in turn driving revenue and reducing total cost of ownership by effectively leveraging IT infrastructure for our clients and world-class partners. FAST search technology is currently deployed by a wide range of global customers and partners including AT&T, BroadVision, Freeserve, IBM, InfoSpace, Reed Elsevier (Scirus.com), Reuters, T-Online, Terra Lycos, and Tiscali.

FAST has operations in the United States, Europe (Norway, Germany, UK), and Japan, and is publicly traded under the ticker symbol 'FAST' on the Oslo Stock Exchange. Please visit www.fastsearch.com for more information or see FAST in action at our technology showcase www.alltheweb.com.

Media Contact
For more information about FAST, contact Monica Hargis at (781) 304-2474 or via email at monica.hargis@fastsearch.com.
For more information about CareerBuilder, contact Lynda Orban at (949) 439-8406 or via email at lynda@orbanassociates.com.

© 2002 Fast Search & Transfer ASA - Fast Search & Transfer, FAST, and the FAST four-colored logo are trademarks of Fast Search & Transfer ASA. All rights reserved. FAST disclaims any proprietary interest in the marks and names of others.