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Internet Search Firm InterSearch Group Reports Unaudited 2004 Revenues, Operating Income

SAN FRANCISCO , CA. — February 28, 2005 09:35 AM US  ET

InterSearch Group, Inc. (Pink Sheets: ISGP - News ), which owns and operates several Pay Per Click (PPC) Internet search engines and provides Fortune 500 companies professional consulting and search-related services, today reported unaudited pro-forma consolidated financial results for the 12 months ending Dec. 31, 2004.

For the full year, unaudited pro forma 2004 revenues were $14.3 million, and operating income was $1.5 million. The unaudited pro forma 2004 results are provided as if the Oct. 27, 2004 purchase acquisition of Corporate Consulting Services (CCS) and the Dec. 10, 2004 purchase acquisition of Walnut Ventures, and all related transactions, had occurred on January 1, 2004.

                     InterSearch Group, Inc.
             Proforma consolidated income statement
              (Unaudited, in thousands of dollars)

                                                12 months
                                                  ending
                                               12/31/2004(a)
      Revenue                                        $14,317
      COGS                                             8,618
       Gross Profit                                    5,699
      Expenses                                         4,194
       Operating Income                               $1,504

      (a) Proforma consolidated 2004 results are provided as 
          if the Oct. 27, 2004 purchase acquisition of 
          Corporate Consulting Services (CCS) and the 
          Dec. 10, 2004 purchase acquisition of Walnut Ventures, 
          and all related transactions, had occurred on 
          January 1, 2004.
			

Audited results for full year 2004 are expected to be available by mid-April, said Chief Executive Officer Dan O’Donnell. Audited results will reflect InterSearch holding company operations, partial year CCS financial results from Dec. 10, 2004, through Dec. 31, 2004, and other factors related to the acquisitions and the accounting treatment of the transactions.

More information about InterSearch Group, Inc. can be obtained at its website: www.InterSearch.com or by contacting the company at 415-901-0410. InterSearch Group’s stock is listed on the National Quotation Bureau under the symbol ISGP.

Except for historical information, matters discussed above are forward-looking statements within the meaning of safe-harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from projected results. Those factors include, but are not limited to, economic, competitive, governmental and technological factors affecting the Company’s operations, markets, services and related products, prices or other areas. The Company undertakes no obligation to publicly release the results of any revisions to forward-looking statements.

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Contact:

InterSearch Group, Inc.
Frank  McPartland
415-901-0410 Ext. 422
fmcpartland@intersearch.com

or

InterSearch Group, Inc.
Dan O’Donnell
415-901-0410 Ext. 411
dodonnell@intersearch.com

or

InterSearch Group, Inc.
Gary Bogatay
415-901-0410 Ext. 401
gbogatay@intersearch.com

or

Keller Crescent Company
Terry McWilliams
812-426-7720
tmcwilliams@kellercrescent.com