NearbyNow Selected by AlwaysOn as an AO Global 250 Winner


LOS ALTOS, CA--(Marketwire - July 17, 2008) - NearbyNow, Inc., an online service that helps consumers use the Internet or mobile phones to find any product, brand, or sale at nearby stores and put items on hold to pick-up, today announced that it has been chosen by AlwaysOn as one of the AO Global 250 Winners. Inclusion in the AO Global 250 signifies major developments in the creation of new business opportunities in the global technology industries. NearbyNow was specially selected by the AlwaysOn editorial team and other industry experts spanning the globe, based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

NearbyNow and the AlwaysOn Global 250 Top Private Companies will be honored at the AlwaysOn & STVP Summit at Stanford scheduled to occur on July 22-24, 2008 at Stanford University. This two-and-a-half day executive event highlights the significant economic, political and commercial trends disrupting the global technology industries and features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases.

Fifty of the top CEOs from the AO Global 250 will present their market strategies to a panel of industry experts in a "CEO Showcase."

"The AO Global 250 winners have excelled in key strategic areas in the global technology markets," said Tony Perkins, founder and CEO of AlwaysOn. "We congratulate them for their success in introducing new tools, services, and platforms that are driving the next phase of innovation and creating real value at an economically uncertain time."

The AO Global 250 was selected from over hundreds of companies, nominated by a panel of industry experts in the online technology, media, entertainment, enterprise and greentech sectors from around the world.

NearbyNow, founded in 2006, services millions of consumers in the U.S., allowing shoppers to search retail store inventory, see what is on sale, and put items on hold without placing a phone call. 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. Find it locally, put it on hold, and pick it up within minutes. NearbyNow believes any consumer should be able to use their phone to search the shelves of stores around them -- to find anything, anywhere, at any time.

A full list of all the AO Global 250 winners can be found on the AlwaysOn Web site at http://alwayson.goingon.com/permalink/post/27959.

"We are very pleased that the editors of AlwaysOn have selected NearbyNow as one of the Global 250 Top Private Companies for 2008," said Scott Dunlap, CEO and President of NearbyNow, Inc. "AlwaysOn is a powerful media brand, so this validation is a strong affirmation of our company's significant market potential, rapidly growing customer base and emerging leadership in the local search market."

About NearbyNow

NearbyNow, Inc. provides a unique online service that allows consumers to search all products, brands, and sales in stores near them using the Internet or mobile phones. Shoppers can even put items on hold to pick up, ensuring that items will be available in the needed size and color. 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, CA. Additional information can be obtained by phone at (650) 947-1300 or via the Web at www.nearbynow.com, or try our service at a shopping area near you by texting to NEARBY (632729).

About AlwaysOn

AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a community blog network. In 2004, AlwaysOn continued to lead the industry in innovation by engaging its bloggers in a social network. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, OnHollywood, OnMedia, GoingGreen, NordicGreen, and Venture Summit East and West) and quarterly print "blogozine." No other media brand has dared to create such open interaction with its readers and event participants.

Contact Information: Media Contact: Beth Trier Trier and Company for NearbyNow beth@triercompany.com 415.285.6147