IAC Appoints Mandy Ginsberg to Chief Executive Officer of Tutor.com

NEW YORK, NY, April 18, 2013 – IAC (NASDAQ: IACI) today announced that Mandy Ginsberg has been appointed Chief Executive Officer of Tutor.com, the online education solution which was acquired by IAC in January 2013, effective immediately. Ginsberg previously served as CEO of IAC’s flagship U.S. dating service, Match.com. George Cigale, Tutor.com’s founder, will remain as Founder and Chairman. Amarnath Thombre will assume Ginsberg’s responsibilities as President of Match, North America. Thombre was previously Match.com’s Chief Strategy Officer. In addition, Sharmistha Dubey, Match.com’s Chief Product Officer, will also join Tutor.com where she will be responsible for product and technology.

“Mandy and Shar are as good as it gets in the consumer internet space, and George and his team have built a powerful asset at Tutor,” said Greg Blatt, CEO of IAC. “Combined, I really believe Tutor.com can be a real growth area for IAC in years to come. Additionally, I feel great about the situation at Match, where Amarnath, who has been integral to Match’s growth for so long, and Sam Yagan, the CEO of the Match segment, should drive our dating business forward to continued growth and success for the foreseeable future.”

“Before IAC bought the company, my 9th grade daughter was a Tutor.com customer,” said Ginsberg, “So I know firsthand what a valuable service George and his team have created. We believe we can transform and innovate the product to become a widely appealing consumer product effective at all levels of education, from grade school to professional training. We see limitless opportunity, and I’m really excited to join the management team.”

After pairing up to help launch Chemistry.com for Match in 2006, Ginsberg and Dubey moved over to run Match.com’s flagship U.S. brand in 2008, which achieved substantial growth during their five-year tenure.

About Tutor.com

Tutor.com is the world's largest and highest-rated online learning service. The Tutor.com community of more than 2,500 professional experts has delivered more than 8 million one-to-one tutoring and professional development sessions in a proprietary online classroom optimized for learning, since 2001. Tutor.com powers tutoring and homework help programs for the Department of Defense; school districts across the country; colleges and universities; the states of Alabama, Alaska, Louisiana, Montana, North Dakota and Rhode Island; and, the District of Columbia and thousands of public libraries. For more information, please go to www.tutor.com.

About IAC

IAC (NASDAQ: IACI) is a leading media and Internet company comprised of more than 150 brands and products, including Match.com, Ask.com, CollegeHumor, and CityGrid Media. Focused in the areas of Search, Match, Local and Media, IAC's family of websites is one of the largest in the world, with nearly a billion monthly visits across more than 30 countries. The company is headquartered in New York City with offices in various locations throughout the U.S. and internationally. To view a full list of the companies of IAC, please visit our website at www.iac.com.