NEW YORK, NY
BUSINESS WIRE
April 27, 2005

IntraLinks, Inc., a leading provider of virtual data rooms to the M&A industry, today announced that 206 M&A deals were hosted on its service in the first quarter of 2005, a 59.7% increase over the fourth quarter of 2004. The company also noted a surge in purchases of its DVD archive feature, which provides sell-side dealmakers with a record of all virtual data room documents as well as which parties accessed them.

"Much of the M&A community is recognizing that virtual data rooms are a smart way to meet a number the compliance requirements related to Sarbanes-Oxley while accelerating the due diligence process," said Matthew Porzio, Vice President at IntraLinks.

IntraLinks has also observed that its service is being tapped for transactions that the market previously viewed as either too small or too large to warrant the use of virtual data rooms. "Given the increasing importance of accountability in corporate transactions, clients doing deals of any size are recognizing the value of having a click-by-click record of their deal," added Mr. Porzio.

About IntraLinks
IntraLinks (www.intralinks.com), a leading provider of on-demand 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 10,000 organizations worldwide have used IntraLinks on-demand 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 organizations are IntraLinks clients, including AstraZeneca Pharmaceuticals LP, Bank of America, Bear Stearns, Deutsche Bank, Ernst & Young, FDIC, 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