DUBLIN, May 12 /PRNewswire/ --

HIGHLIGHTS

- Pro forma consolidated revenues doubled for third year
running

- Revenues of EUR20.191.588 for 2007

- Increased Operating Profit (EBIT) 5 times to EUR3.190.919

- Group net income increased more than 5 times to EUR2.806.368

GoAdv (Code ISIN FR0010500975 - Code MNEMO: ALGOA) has today announced
its annual results for the year ending 31st December 2007 confirming
spectacular pro forma consolidated revenue growth of over 100% in just 12
months for the third consecutive year.

SALES

Pro forma consolidated sales for 2007 were EUR 20.191.588, a growth of
+105% compared with 2006 pro forma consolidated revenues of EUR9.864.010;
Meanwhile pro forma consolidated sales at constant perimeter were EUR
16.108.267 (+68%) demonstrating a strong growth of the historical activity.
The sales split for GoAdv's main Irish entity - 100% of the constant
perimeter turn-over - demonstrates continued pan-European strength: 23% in
Germany, 22% in France, 21% in the UK and 18% in Italy and 16% between Spain,
Sweden and the Netherlands.

GROSS MARGIN

Gross margin demonstrates a strong growth of 41% for the consolidated pro
forma and of 36% at constant perimeter (29% in 2006).

EBIT (Earnings Before Interest & tax):

The GoAdv Group has experienced outstanding EBIT growth - five times that
of 2006. 2007 pro forma consolidated EBIT was a strong EUR3.190.919, and pro
forma EBIT at constant perimeter was EUR3.208.812. The figures represent
exceptional growth of +395% on 2006.

NET PROFIT

Net consolidated pro forma profit reaches EUR2.806.368 with a Net
consolidated pro forma profit at constant perimeter of EUR2.827.105
demonstrating outstanding growth of +440%.

"GoAdv has out performed analyst estimates for 2007, surpassing our
profit targets and reporting the highest Group net income in our company's
history. We are delighted with the record results generated throughout the
Group and across all European territories which has resulted in doubling
revenues for the third year running and achieving an EBIT growth over 5 times
that of 2006," comments Luca Ascani, President, GoAdv.

"2007 has been a year of expansion which has included the inception of
GO2TRACKS, an innovative web analytics company and the R&D hub of GoAdv,
listing on Alternext by NYSE-EURONEXT Paris and the acquisition of the Excite
Europe group of generalist portals. Our strategy and continued expansion in
the independent online media sector has also contributed to the exceptional
revenues achieved."

OUTLOOK

The European internet sector is booming, with a strong growth in the
number of internet users across Europe predicted for the period 2008-2012 (in
France +35%, Germany +23%, UK +16%, Spain +31%, Italy +22%). Equally, online
advertising spend is set to grow to 16 billion Euros by 2012 (Source:
Forrester Research July 2007).

Based on its strategic orientation, the available market opportunities
across the online advertising sector and growth predictions for the market,
GoAdv anticipates another good year of results for 2008, with the integration
of Excite as a major asset.

Now counting over 17.5 million unique users per month across a
network of high visibility websites, GoAdv is a truly European online media
company active in eight markets; UK, Germany, Netherlands, France, Italy,
Spain, Sweden and Poland.

The network includes the Excite Europe group of generalist portals and
BetterDeals - bespoke vertical websites that assist users in getting the most
from their web search.