ChaCha

February, 15 2009

Dear Madam or Sir:

The number of students dropping out due to a lack of funds has reached an all time high

Students are taking out more loans and are burdened with a greater debt at graduation then ever before. The average debt for college graduates is more than $34,000 and tuition has increased 85 percent since 2001. We here at ChaCha would like to help and we would like you to be the stars of the show.

ChaCha is the fastest growing SMS mobile search service in the industry and was recently honored as the runner up in the Best Mobile Startup category at the second annual Crunchies Awards Ceremony held in San Francisco.

All of us at ChaCha would like to use our success to help college students who have fallen on hard times so we have started the ChaCha Challenge Scholarship Fund. We will be giving 100 students $1000.00 on July 14, 2009. The prize winners will be chosen by a process of merit and elimination utilizing an online quiz and 1000 word essay on the following two topics.

• Many experts believe that we are heading towards a global recession. Do you agree or disagree? why?
  

• Many experts believe that a major catastrophic event will occur in the year 2012. Do you agree or disagree? why?

What we need your help with is the final judging and the awarding of prizes to the winners. For every dollar you donate to the ChaCha Challenge you will be entered into a raffle to be flown to sunny Hawaii for a full weekend of all expenses paid sand and surf and a Formal Catered Ball where you will review the ChaCha Challenge finalist’s essays and bestow the winning prizes to the most deserving students.

The deadline to enter is June 14, 2009 so act now to support tomorrows great Americans. Please go to www.chacha.com or text 242242 to send your donation and be entered into the raffle. The more you donate, the likelier it is that you’ll win so don’t wait!

We here at ChaCha know how much you care about the future of America’s children and we are so grateful for all you have done to help in the past. We’re looking forward to seeing you soon at the ChaCha Challenge Ball!

Sincerely yours,

ChaCha

ChaCha

The birth of ChaCha:

• The ChaCha search engine was launched on September 1, 2006. An updated version was introduced on November 6, 2006.

• 20,000 guides had registered by year end and that it had raised 6 million in development funds, including support from Bezos Expeditions, a personal investment firm owned by Jeff Bezos, the entrepreneur behind Amazon.com.
The new ChaCha:

• Mobile Answers Text Service launched January 2008 - ChaCha is the only mobile search capability that provides an easy way to get answers on the go.

• Mobile Answers Voice Service launched on April 2008 - ChaCha launched its groundbreaking voice-enabled mobile search service, 1-800-2ChaCha.

• Privately-owned and headquartered in Carmel, Indiana with approximately 75 employees – bringing world-changing technology to the Midwest helping make Indiana one of America’s Top States for Business.

• 55,000 active Guides throughout the country - with thousands available online at any time.
Mobile trends:

• ChaCha, the human-powered mobile answers service quickly captured seven percent of the mobile text search market with a quarterly growth rate of more than 800 percent.

• ChaCha increased its market share in the U.S. mobile search market to seven percent, tying for second place with Yahoo at the end of June 2008. ChaCha also exited the quarter with an 800 percent growth rate, compared to Yahoo’s 200 percent growth rate.

• “Mobile search is growing at an incredible pace,” says Chris Quick, mobile media analyst with Nielsen Mobile. “Within the mobile SMS search category, ChaCha is the fastest growing service, increasingly competitive with other mobile search providers. We’re therefore keeping very close tabs on how ChaCha will affect the mobile market.”

ChaCha Fundraiser Done