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GMI Secures $35 Million in Funding 

Technology Crossover Ventures leads investment in market intelligence solutions provider's series C round of financing

Seattle , WA  – June 5th, 2006 – GMI (Global Market Insite, Inc.), a provider of global market intelligence solutions, today announced that it has closed $35 million in a Series C venture capital financing round led by Technology Crossover Ventures (TCV).  Series C co-investors and existing VC investors, FTVentures and Voyager Capital, are electing to increase their respective stock holdings in GMI in this financing.  In addition, GMI announced that Greg Stanger, venture partner at TCV and former chief financial officer of Expedia, will join the company’s board of directors.

"The rapid mainstreaming of online market research, as well as the growing use of the Internet as a platform for market research management, makes this investment decision an easy one for TCV," said Stanger. "GMI has done an amazing job of recognizing the critical pain points and challenges that market researchers experience, and has developed a tiered offer that puts them squarely in the driver’s seat of their real-time global research processes."

"For GMI, this is a significant investment from a world-class venture fund, and we are delighted to welcome Greg Stanger on our board," explained Rob Monster, founder, chairman and CEO of GMI. "GMI is well-positioned to reinvent the $22 billion market research industry with our Enterprise Research Management (ERM) platform at the core of our vision for the future of market research. In pursuing this reinvention, GMI remains committed to its enduring partnerships with the full-service market research firms that leverage GMI’s technologies and global panels."

"GMI is not a market research firm, will never become one and will not be acquired by one," continued Monster. "We strongly believe that to deliver great research, clients will need to be able to draw on the consultative insights of trained research professionals who have domain expertise in the client’s business. By providing the software, global panels and off-shore production capacity, GMI enables researchers to focus on being great researchers."

In the coming months, GMI will be showing further evidence of the various ways in which the company uniquely positioned to create the "operating system of market research", a single, unified platform linking research buyers, research suppliers and respondents in real time, on a global scale, and with unprecedented efficiency.

Over the past year, GMI has expanded its technology offering through a series of acquisitions, as well as significant business wins - including implementing its ERM solution for one of the world's largest software manufacturers - and expanded its global footprint to offer the most globally diverse panel in the world. A significant proportion of the funds from this series C round of financing will be invested into accelerating the global growth of GMI’s online specialty panels, including youth, medical and IT, amongst others.

About GMI

GMI (Global Market Insite, Inc.) is the only company that provides comprehensive integrated solutions for global market intelligence for both market research firms and corporate market research departments at Global 2000 companies.  Solutions include Net-MR, a suite of software tools to manage and automate research throughout the project lifecycle, desktop analysis tools, 24x7x365 service bureau capabilities, and one of the world’s largest, highly profiled, double opt-in managed panels, spanning across 200 countries.  In addition, GMI offers high-value, real-time enterprise feedback solutions for customer, partner and employee programs. Founded in 1999 with world headquartersin Seattle, Wash., GMI has operations on five continents. More information is available at www.gmi-mr.com.

About TCV

Technology Crossover Ventures (TCV), founded in 1995, is a leading provider of growth capital to technology companies, providing funds to later-stage private and public companies. With $4.7 billion in capital under management, TCV has made growth equity and recapitalization investments in over 150 companies leading to 37 initial public offerings and 29 strategic sales or mergers. TCV employs a crossover investment model, which combines venture capital with public market investing and enables TCV to continue to invest in its portfolio companies at the IPO and beyond. Representative investments include Alteon Websystems, Altiris, CNET, eHarmony, Expedia, InPhonic, Liquidnet, Netflix, RealNetworks, Redback Networks, Solect Technology, Webroot and Xylan. TCV has ten partners and is headquartered in Palo Alto, California. For more information about TCV, visit www.tcv.com.