NEW YORK, NY
BUSINESS WIRE
January 24, 2005


IntraLinks, Inc., the leading provider of virtual data rooms to the global M&A industry, today announced that use of its virtual data rooms rose 196% in 2004, with a record 450 deals launched on its service. The company forecasts that approximately 1,500 M&A transactions will be conducted on its service in 2005, a 233% increase over 2004.

Repeat business and wider acceptance of virtual data rooms were major growth drivers for the year. Regulatory and market forces also contributed to the record success.

"Sarbanes-Oxley has put the spotlight on the due diligence process," said Andrew Damico, Executive Vice President at IntraLinks.

Last year also saw a trend towards greater scrutiny of information in asset sales as companies focused more on fiduciary responsibility. "The ability to include an unlimited number of experts and deal teams in the due diligence process made virtual data rooms one of Wall Street's most vital technologies of 2004," said Damico.

IntraLinks' strategic alliance with financial printer RR Donnelley helped to drive adoption of virtual data rooms among larger corporate entities. Wyndham International, which manages luxury hotels across the United States, was one of hundreds of corporate sellers that used virtual data rooms for the first time in 2004. "IntraLinks is our preferred virtual data room provider," says Elizabeth Schroeder, EVP & CFO Wyndham International, Inc. "We've tried other virtual data rooms and the fact is, IntraLinks provides a better service for both Wyndham and our potential bidders. After using IntraLinks, we would not trust our deals to anyone else."

Virtual data rooms cut an average of 30 days off the M&A process by allowing multiple buyer teams of any size to conduct due diligence simultaneously, rather than the serial process physical rooms require. Bankers, attorneys, consultants and corporate buyers can access confidential deal information from any computer in the world using a web browser. Sell-side teams control access to due diligence
information through easy-to-use permissioning tools, allowing sellers to protect sensitive documents throughout the M&A process.

About IntraLinks
IntraLinks (www.IntraLinks.com), the leading provider of digital workspaces, connects business communities and accelerates the intelligent flow of information and documents among participants. Through IntraLinks' secure, neutral, online environments, companies are better able to compete globally by accelerating essential business processes, simplifying communication and fostering rapid workflow. IntraLinks is easily accessible anywhere, anytime using a web browser.
Since April 1997, more than 200,000 participants representing over 13,000 companies worldwide have used IntraLinks digital workspaces to communicate and collaborate on more than 20,000 projects and transactions. IntraLinks has been rapidly adopted by the financial services and pharmaceutical markets. Over 250 global companies are IntraLinks clients, including AstraZeneca Pharmaceuticals LP, Bank of America, Bank One, Bear Stearns, Deutsche Bank, Dresdner Kleinwort Wasserstein, Ernst & Young, FDIC, JPMorgan Chase, TD Securities, Thomas Weisel Partners and WestLB. Founded in June 1996, IntraLinks is headquartered in New York with offices in Boston and London.

Contacts:
Walek & Associates
David Rosen, 212-889-4113
David@walek.com

(c) Business Wire 2005