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SUNNYVALE, Calif. --(Business Wire)-- April 12, 2005 -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today announced that Yahoo! Research Labs is expanding its scope by extending its research efforts to new areas that will support and reinforce Yahoo!'s strategic business priorities. Yahoo!'s goal is to build Yahoo! Research Labs into a world-class center for scientific innovation and invention and foster an environment that attracts the most talented scientists from around the world.

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Yahoo! has appointed Chief Data Officer Dr. Usama Fayyad to take on oversight of Yahoo! Research Labs. In addition to his current responsibilities as senior vice president of strategic data solutions, Fayyad will now be responsible for setting the vision and strategic direction of Yahoo! Research Labs.

"I look forward to expanding Yahoo!'s technical research agenda, growing the team to bring new focus and energy to Yahoo! Research Labs, and building on the truly innovative research that our talented group of scientists and engineers have been working on," said Fayyad. "We want to lay the foundation for establishing the new science that will define the future of the web and its essential role in everyday life."

Fayyad joined Yahoo in 2004 as the industry's first chief data officer. He is a renowned scientist and proven technology executive. His distinguished career includes founding a research program for NASA at the Jet Propulsion Lab (JPL) to apply data mining technology to solve some of the most difficult scientific challenges involving massive data sets. This work earned him the highest research award from JPL/Caltech and a U.S. Government Medal from NASA. He also spent time at Microsoft where he founded and led the data mining and exploration group at Microsoft Research and built and shipped data mining products for Microsoft's server division. In early 2000, he left Microsoft to establish a venture-funded technology startup and in 2003 he founded DMX Group, a leading data strategy and data mining company.

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