NearbyNow Selected by AlwaysOn as an AO100 Top Private Company Award Winner

LOS ALTOS, CA--(Marketwire - July 17, 2007) - NearbyNow, Inc., a leader in online local search, today announced that it has been chosen by AlwaysOn as one of the AO 100 Top Private Companies for 2007. The fifth-annual elite AO100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the AO100 list, companies had to be peer-nominated, with AlwaysOn receiving more than 1,000 nominations from venture investors, investment bankers and other industry experts.

NearbyNow, Inc. provides a unique online service that allows consumers to search all products, brands, and sales currently available at local shopping centers using the Internet or mobile phones. Working with more than 70 shopping centers to date and a variety of leading retailers across the United States, NearbyNow enables consumers to easily access local information both before and during their shopping trips, and even reserve products to pick up. The company also creates an efficient marketing tool for retailers to target nearby consumers with "high intent to buy," helping to drive sales by turning online shoppers into in-store buyers.

"We are very pleased to be selected as one of the AlwaysOn 100 Top Private Companies," said Scott Dunlap, Chief Executive Officer of NearbyNow. "NearbyNow has experienced tremendous recognition in the past year for helping redefine 'local search' and making it easier for shoppers to browse online but buy in-store. Winning the AO100 award further validates our ongoing success as an emerging leader."

NearbyNow and the AO 100 Top Private Companies for 2007 will be honored at the AlwaysOn Stanford Summit to be held July 31 - Aug 2, 2007, at Stanford University. The Stanford Summit is a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. The idea behind the AO100 top private companies list is to identify the most promising entrepreneurial opportunities and investments in the global technology industry.

A full list of all the AlwaysOn Top 100 Private Companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/15899

About The AlwaysOn Stanford Summit: The Stanford Summit is a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. The Stanford Summit features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases. The Stanford Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.

About NearbyNow, Inc.

NearbyNow, Inc. provides a unique online service that allows consumers to search all products, brands, and sales currently available at local shopping centers using the Internet or mobile phones. Working with shopping centers and retailers across the United States, NearbyNow enables consumers to easily access local information both before and during their shopping trips. The company also creates an efficient marketing tool for retailers to target nearby consumers, helping to drive sales by turning online shoppers into in-store buyers. NearbyNow is headquartered in Los Altos, Calif. Additional information can be obtained by phone at (650) 947-1300 or via the Web at www.nearbynow.com.

About AlwaysOn

AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

Contact Information: For NearbyNow, Inc. Trier and Company Beth Trier Ph: 415-285-6147 For Always On Stanford Summit A&R Edelman Elizabeth Anderson Ph: 650.722.4104