January 16, 2017

Angie's List Membership Tops Five Million

Company charts unprecedented member growth since removing reviews paywall

INDIANAPOLIS--(BUSINESS WIRE)-- Angie's List (NASDAQ: ANGI) today announced it ended 2016 with more than five million members, an increase of more than 50 percent from a year ago.

"This milestone is a testament to the value we provide to our customers," said Angie's List president & CEO Scott Durchslag. "It also demonstrates the eagerness consumers have to be part of the Angie's List community and validates our decision to make it even easier to join us."

In July 2016, the company announced that access to its more than 10 million verified reviews on home services professionals had become available free-of-charge in addition to two new premium membership tiers that offer guarantees and value-added services beyond the reviews.

"Angie's List remains solidly grounded on a foundation of quality, reliability and authenticity," Durchslag said. "Our mission from the start has been to relentlessly elevate the local services experience for members and service pros, and we continue to focus on delivering - and expanding upon - the most comprehensive array of services in the home services industry."

Angie's List helps consumers find high-quality, service pros and products to complete home improvement projects. The company surpassed the one million paid household mark in October 2011 and topped two million paid members in April 2013 under its original business model.

About Angie's List

Finding a pro for a job well done is made easy online by visiting Angieslist.com. More than five million members nationwide use Angie's List, a leading provider of reviews, offers and information in over 700 service categories, to help them improve their homes. Built on a foundation of more than 10 million verified reviews of local service, Angie's List connects members directly to its online marketplace of services and offers unique tools and support designed to improve the local service experience for both members and service professionals.

Forward-looking statement

Certain statements in this release are "forward-looking statements" made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and are subject to various risks and uncertainties that may cause actual results to differ materially from those that we expected, including: possible inability to attract new members and renew memberships; and possible inability to engage members and expand value-added services for both members and service pros. For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those contained in our forward-looking statements, please refer to the filings we make with the Securities and Exchange Commission from time to time, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements.

Angie's List
Public Relations
Cheryl Reed, 317-396-9134
Investor Relations
Leslie Arena, 317-808-4527

Source: Angie's List

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