Yahoo! research opens Israel Lab

Yahoo! Research Opens Israel Lab; Search Expert Dr. Ronny Lempel Joins Yahoo! to Lead Research Efforts in Haifa New Lab to Solve Complex Problems at the Core of Web Search and Strengthen Global Strategy to Establish Yahoo! Search as an Indispensable Starting Point for Users on the Web

Sunnyvale, Calif. - (BUSINESS WIRE) - Yahoo! Inc. (NASDAQ:YHOO), a leading global Internet company, today announced that it has launched a new research lab in Haifa, Israel -- its first in the region. The Yahoo! Research Israel Lab will be led by Dr. Ronny Lempel, a renowned information organization and retrieval expert who will report directly to Dr. Ricardo Baeza-Yates, vice president of Yahoo! Research.

The Yahoo! Research Israel Lab, which opens today, will focus on boiling down complex technology problems into simple solutions to change the game in Web search. As a demonstration of its commitment to next-generation search, Yahoo! recently opened Yahoo! Labs ? Bangalore and appointed eminent scientistDr. Rajeev Rastogi to head the new India lab. Yahoo!'s arrival in Israel furthers the company's commitment to discovering new technologies that deliver compelling experiences on the Web.

"Search is still in its infancy," said Prabhakar Raghavan, head of Yahoo! Research. "At Yahoo!, we are working on the hard core science that can lead to search experiences that are significantly beyond the current art."

He continues to say, "Ronny Lempel is a great addition to the world-class team that we have assembled to develop a new approach to Web search. His expertise in search technologies and ties to local academia will help us draw on the best talent and knowledge from across the region and strengthen our worldwide R&D efforts."

Lempel previously worked at the Information Retrieval Group at IBM's Haifa Research Lab, focusing on research and development for enterprise search systems. Prior to joining IBM, he received his BSc., MSc. and Ph.D. in Computer Science at Technion-Israel Institute of Technology. He has authored numerous papers and received several awards for his work on search engine technology, and has twice won the Best Presentation Award at the International World Wide Web Conference.

"Israel is fertile ground for incredibly talented technologists, researchers and engineers, and the Yahoo! Research Israel Lab provides the best opportunity to create the technologies that will underpin the next generation of search on the Internet," Lempel said. "I look forward to building the Haifa team with the best talent this region has to offer."About Yahoo! Yahoo! Inc. is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo!
is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California. For more information, visit pressroom.yahoo.com or the company's blog, Yodel Anecdotal.

Yahoo! Inc.Amber McCasland, +44.774.818.8039; +44.772.677.4772 amc@yahoo-inc.com or Outcast CommunicationsKim Milosevich, +1 415-345-4734 kim@outcastpr.com