America Online, Inc. Announces Acquisition of Wildseed, Ltd.

America Online, Inc., the world's leading interactive servicescompany, today announced that it has increased its investment in thewireless services sector by acquiring Wildseed, Ltd. - a leadingprovider of advanced wireless technologies - and also by forming anexpanded AOL Wireless group.

Financial terms of the deal were not disclosed. The company waspreviously privately held.

Wildseed was founded in June 2000 and is based in Kirkland,Washington, with offices in London, UK. The company is best known forits SmartSkin(TM) interactive accessories, which ran on its debutproduct, the Curitel Identity(TM) handset. Wildseed's criticallyacclaimed technologies provide the industry's richest mobileLinux-based Operating System solution, which includes support for GameBoy(TM) Advanced style games, MP3 and Video playback, remote devicemanagement, and a fully 'skinnable' User Interface for delivering bothbranded and themed user experiences. Many of the components that formWildseed's mobile Linux solution can be sold separately to non-Linuxbased feature phones.

"Data-related mobile technologies are on the cusp of mainstreamadoption. We see it everyday in the explosive growth of our mobile AIMtraffic. The wireless industry is focused on bringing additional richmedia experiences and a new generation of interactive services to themobile consumer, and we are committed to being a leader in thatarena," said John McKinley, Chief Technology Officer and President,Digital Services, America Online, Inc. "With the combination of Tegicand Wildseed, we can offer our carrier and OEM partners thebest-in-class platform they need to deliver these rich and engagingmobile experiences and help drive innovation and growth in theindustry."

The expanded AOL Wireless division, which encompasses the AOLMobile, Tegic and Wildseed groups, will speed the delivery ofcommunity and convenience to mobile users with an array of softwaresolutions, communications and content services supported by the topwireless carriers and handset manufacturers.

AOL Wireless will be led by Craig Eisler, General Manager & SeniorVice President, AOL Wireless, America Online, Inc. Wildseed employeesand operations will be integrated into AOL's current Seattle officesand Wildseed's CEO Eric Engstrom will become AOL Wireless' Senior VicePresident, Wireless Products.

"Wildseed's advanced technologies will help AOL enhance the valueof its wireless properties, and speed the development and deploymentof new applications and solutions that address the wants and needs ofconsumers and carriers," said Craig Eisler. "We are extremely excitedto welcome the Wildseed team into AOL Wireless and look forward toworking with our carrier and OEM partners to deliver innovativeservices and must-have content to their subscribers."

Wildseed has been recognized by the industry for its unique andcutting-edge technology. Accolades include: 2004 and 2005 ConsumerElectronics Show (CES) Design and Engineering Showcase Award honoree;TechTV's 2003 Best of CES Finalist; Andrew Seybold's Outlook 4Mobility2002 Innovation Award at Comdex.

The Wildseed transaction is AOL's second major corporateacquisition in 2005 - since AOL's purchase of Xdrive, Inc. wasannounced last week. AOL also acquired Mailblocks, Inc. andAdvertising.com in the summer of 2004.

For more information on Wildseed, Ltd., please visitwww.wildseed.com. Wildseed and the Wildseed corporate logo aretrademarks of Wildseed, Ltd.

About America Online, Inc.

America Online, Inc. is a wholly owned subsidiary of Time WarnerInc. (NYSE: TWX). Based in Dulles, Virginia, America Online is theworld's leader in interactive services, Web brands, Internettechnologies and e-commerce services.