Farecast Awarded "Best of What's New" For 2006
Airfare prediction website chosen as one of the top tech innovations of the year and receives top honors from other leading media outlets
SEATTLE– November 7, 2006 — Farecast.com, the first and only airfare prediction website, announced today that Popular Science, the world's largest science and technology magazine, has chosen Farecast as one of the top 100 tech innovations of the year in its annual "Best of What's New" for 2006.
"Best of What's New is the ultimate Popular Science accolade, representing a year's worth of work evaluating thousands of products," says Mark Jannot, editor of Popular Science. "These awards honor innovations that not only influence the way we live today, but that change the way we think about the future."
Farecast also received recognition this year by other leading media outlets including:
TIME Magazine's "50 Coolest Websites" (August 2006):
TIME recognized Farecast as one of the Coolest Websites in the Travel & Real Estate category. "This brand-new "airfare predication engine" calculates whether the lowest price on plane tickets - currently, only for trips out of Seattle or Boston - will rise or fall over the next week, to help you decide the right time to buy." Shortly after this recognition, Farecast launched airfare predictions from over 75 airports across the country.Frommer's Editorial Choice Award (August 2006):
Frommer's Quintessential Online Resource List is a collection of favorite sites from across the Internet used when planning trips. Farecast is cited as an "airfare prediction site that helps people decide when and with what airlines to buy to save them the most money."Business Week's 2006 Best of the Web (September 2006):
BusinessWeek.com readers voted for their favorite sites and tools in 23 categories, organized into four groups: Information Overload, Money Matters, Not at Work and Do-It-Yourself Web. Readers nominated Farecast as a write-in winner for one of the "Best Trip Planning Tools."Kiplinger's Personal Finance, Top 25 Best Travel Sites (October 2006):
Farecast recognized as the best site for the "Best-Deal Traveler." "Farecast.com predicts whether fares on most domestic routes will go up or down. Enter your itinerary and the site will say if you should buy your ticket now -- or if an even better fare is probably on the way. To make its forecasts, the site analyzes past fare trends in airline databases and other factors. It updates its fares shortly after 10 a.m., 12:30 p.m. and 3 p.m. eastern time.""Farecast's airfare predictions are supported by a unique team of computer scientists and travel professionals that analyze an enormous amount of data every day," said Mike Fridgen, VP of Marketing and Product at Farecast. "We thank Popular Science and other leading media outlets for this validation and will continue to work hard to empower customers to know when and where to buy airline tickets."
About Best of What's New
Each year, the editors of Popular Science review thousands of products in search of the top 100 tech innovations of the year; breakthrough products and technologies that represent a significant leap in their categories. The winners — the Best of What's New — are awarded inclusion in the much-anticipated December issue of Popular Science, the most widely read issue of the year since the debut of Best of What's New in 1987. Best of What's New awards are presented to 100 new products and technologies in 10 categories: Automotive, Aviation & Space, Computing, Engineering, Gadgets, General Innovation, Home Entertainment, Home Tech, Personal Health and Recreation. Popular Science's Best of What's New can be found at: http://www.popsci.com/popsci/flat/bown/2006/
About Popular Science
Founded in 1872, Popular Science is the world's largest science and technology magazine; with a circulation of 1.45 million and 6.5 million monthly readers. Each month, Popular Science reports on the intersection of science and everyday life, with an eye toward what's new and why it matters. Popular Science is published by Time4 Media, a subsidiary of Time Inc., which is a wholly owned subsidiary of Time Warner Inc.
About Farecast, Inc.
Farecast.com is the first and only airfare prediction website. Farecast.com helps airfare shoppers across the country save money by answering the question: should you buy now or buy later? In addition to being the first to provide airfare predictions, Farecast.com displays the lowest fares from the major airline sites and offers industry leading flexible search tools. Farecast.com was named "Best of What's New for 2006" by Popular Science, one of TIME Magazine's 50 Coolest Websites for 2006 and one of the "Best Trip Planning Tools" by Business Week readers. The company is located in Seattle, Washington, and is funded by Greylock Partners, Madrona Venture Group, and WRF Capital. To get a free airfare prediction from your city or to learn more visit www.farecast.com.
# # #
Media Contact:
Anne Taylor Hartzell
206.850.6501
anne@annetaylorco.com
