San Francisco - October 23, 2007. In a U.S. industry first, CBS Mobile has teamed up with Medio, Inc., the leading provider of mobile search and advertising solutions, to add search capabilities and search-enabled advertising opportunities to its CBS Mobile websites. This partnership marks a significant milestone for both companies in driving a standard for delivering easy-to-access mobile content to a growing mobile Internet audience, projected by eMarketer to exceed 750 million users worldwide by 2010.

Under the agreement, Medio will provide CBS Mobile users the ability to easily search and navigate content on CBS Sports Mobile (http://wap.cbssports.com), CBS Mobile News (http://wap.cbsnews.com), and CW Mobile (http://wap.cwtv.com) websites. The partnership also expands the wide-ranging menu of advertising options CBS mobile offers clients.

“Medio’s search is truly mobile-centric in concept and design,” said Cyriac Roeding, Executive Vice President, CBS Mobile. “When users search their favorite sports team on their cell phone, they want a very different search result than they would online. For instance, on their small screen, they might want a quick snapshot of the latest scores, injuries, news and gossip about the club. This is the kind of experience we will be providing within CBS Sports Mobile with Medio Search. We are committed to joining forces with best-in-breed partners to ensure the user experience is top notch and second to none.”

This announcement with CBS marks the official launch of Medio Mobile Search for Publishers, an advertising-supported search solution that is built and optimized for the mobile experience.

“CBS has great insight into mobile consumption from their audience and clear vision for extending brand loyalty beyond CBS’ outdoor, television and online media entities. We’re excited to partner with CBS on creating a standard for what consumers should expect from a mobile experience,” said Brian Lent, Chief Executive Officer for Medio. “Medio understands the nuances of a mobile experience, and how it’s drastically different than performing a search on a PC. Not only do users want quick access to answers or content in the fewest number of clicks, they also want relevant content that is optimized for their phone’s screen. We look forward to delivering this to the CBS Mobile audience.”

The Medio search solution on CBS Mobile sites works as follows:

  • Medio Search is implemented on CBS Mobile sites via an easy to use search box.
  • Search results will pull relevant information from CBS’ site content as well as from the entire Mobile Web.
  • Relevant ads will appear adjacent to the search results. They will be based on the user’s own search terms, thus will be highly targeted.
  • Clicks on ads surrounding CBS content translate into revenue for CBS Mobile. Also, content from CBS Mobile will be added to the Medio Mobile Web index, which includes content from all of Medio’s partner sites.

Through Medio, marketers can reach and target audiences across all of Medio’s partner sites, making Medio MobileNow® one of the largest aggregated mobile search advertising networks in the United States.

Roeding added, “Partnering with Medio adds another key element of our mobile advertising strategy. Mobile search marketing will be substantial, and we want to help drive its adoption.”

About CBS Corporation

CBS Corporation (NYSE: CBS.A and CBS) is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW — a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime and CSTV Networks), local television (CBS Television Stations), television production and syndication (CBS Paramount Network Television and CBS Television Distribution), radio (CBS RADIO), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products) and video/ DVD (CBS Home Entertainment). For more information, log on to http://www.cbscorporation.com.

About Medio

Medio delivers best-in-class mobile search and mobile search advertising solutions that help mobile operators and publishers implement the best customer experience and enable advertisers to reach their target audiences. Created specifically for mobile, Medio Mobile Search combines an intuitive, effortless user interface with powerful recommendation and personalization technologies.

With the precise targeting capabilities of the mobile search platform, the Medio MobileNow Search Advertising Network enables advertisers to identify and reach audiences that are interested in what they are selling—at just the right time— to achieve the best results for their campaign. Through our unique partnerships with mobile carriers and publishers, ads are integrated into the consumers’ mobile search experience where increased relevance drives maximum response.