IntraLinks Continues Impressive Growth in 2002

New York, January 29, 2003
IntraLinks, Inc., the leading provider of secure digital workspaces to the financial services and pharmaceutical markets, today announced that revenue for the fiscal year ending December 31, 2002 increased to $20 million, a ten percent jump over the previous year. New contract growth was in excess of twenty percent for the year. In addition, IntraLinks has been EBITDA positive for the past nine months. The company experienced significant growth in financial services, with new offerings for alternative investments and mergers & acquisitions, and tripled its revenue in the life sciences market, where eight of the world's largest pharmaceutical companies now use IntraLinks to speed drug development and other critical business processes.

"In a year that was difficult for many businesses, achieving double digit growth is powerful evidence of the positive impact that IntraLinks brings to its clients' bottom lines," said Patrick Wack, President and CEO of IntraLinks. "Our sustained growth in the debt capital markets and life sciences and our successful new ventures in alternative investments and mergers & acquisitions prove that the value of IntraLinks is tangible and translates well to any business community where streamlined communication, increased efficiency and security are integral to success."

IntraLinks' growth was driven by increased adoption in the pharmaceuticals industry for use in drug development and continued expansion in the financial services industry. The number of alternative investment clients more than tripled in the past year, as did the number of M&A transactions that benefited from using IntraLinks to speed the due diligence process.

Over 100 leading companies, including all ten of the top ten US banks, ten of the top ten global banks and eight of the top ten pharmaceutical companies, use IntraLinks to improve the speed and efficiency of their business processes. Deloitte & Touche named IntraLinks the 29th Fastest Growing Technology company in the country in its 2002 Fast 500, and the 3rd Fastest Growing company in the New York Region.

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 100,000 participants representing over 3,000 companies worldwide have used IntraLinks digital workspaces to communicate and collaborate on more than 10,000 projects and transactions. IntraLinks has been rapidly adopted by the financial services and pharmaceutical markets. Over 100 global companies are IntraLinks clients, including AstraZeneca Pharmaceuticals LP; Bank of America; Bank One; Bear Stearns; Deutsche Bank; Dresdner Kleinwort Wasserstein; Ernst & Young; FDIC; Houlihan Lokey Howard & Zukin; International Finance Corporation (World Bank Group); JPMorgan Chase; TD Securities; Thomas Weisel Partners; Wachovia Securities; and WestLB. Founded in June 1996, IntraLinks is headquartered in New York with offices in Boston and London.