January 19, 2004

"Our mission is to help Yahoo! pioneer the next wave of the online world through innovation, invention and scientific contribution," said Dr. Flake.

"By partnering with technology resources both inside and outside of Yahoo!, we aim to cultivate knowledge and expertise, solve fundamental technology problems and translate theory into practice to help maximize the social and economic potential of the Internet for consumers and businesses."

Yahoo! Research Labs staff will focus on long-term strategic projects and fundamental research, technology evaluation and transfer, and short-term projects that allow Yahoo! to redeploy technology pieces to add immediate value to the business.

The group will also continue Overture Research's tradition of academic collaboration and scientific contribution through publication, academic workshops and conferences, and participating in the larger research community. It will continue to engage academic partners to evaluate and capitalize on emerging trends in university research.

Dr. Flake joined Yahoo! with the acquisition of Overture in 2003.

Prior to joining Overture, he was a research scientist at NEC Research Institute and the leader of its web data-mining program.

Flake, who earned his Ph.D. in computer science from the University of Maryland, College Park, wrote the award-winning textbook The Computational Beauty of Nature.

Source: Yahoo! Inc.

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