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24 February 2004

Media Lab Europe Signs Research Partner Agreement with AOL

DUBLIN, IRELAND - FEBRUARY 24, 2004 - Media Lab Europe, European research partner of the world-renowned MIT Media Lab, today announced a research partner agreement with America Online, Inc. (AOL), the world's leading interactive services company.

The three-year agreement provides AOL with access to new research developments, internal technical reports and unpublished research developed at Media Lab Europe.

Commenting on the agreement, Mario Vecchi, Senior Vice President of International Development in AOL's Dublin Office, said: "Our relationship with Media Lab Europe will play a major part in our ongoing innovation in Europe, and we look forward to greatly benefitting from the Lab's continuing creative activity."

Media Lab Europe is a uniquely valuable resource for conducting research that is frequently too costly or too esoteric to be accommodated within a corporate environment. Simon Jones, Managing Director at Media Lab Europe, said the organisation's goal is to provide partners with easy access to ideas and their creators. "An important part of belonging to the Lab's partner grouping is the opportunity to share information in a neutral environment, and to form alliances," he explained.

Established three years ago, Media Lab Europe is a not-for-profit international research and innovation Lab. Partners include AIB, America Online, BBC, BT, Business Lab, eircom, Ericsson, essilor, Fondazione Ugo Bordoni, Highlands & Islands Enterprise (Scotland), Intel and the Portuguese Science Foundation.

America Online, Inc. is a wholly owned subsidiary of Time Warner Inc. Based in Dulles, Virginia, America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services.

For more information contact:
Sorcha Duggan
Head of Communications and Partner Relations
Media Lab Europe

+353 (0)1 474 2807

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