Fastclick IPO

Fastclick Inc., based in Santa Barbara, plans to go
public through a $92 million offering, the second initial public
offering bid from a technology company in the Tri-Counties announced
this year.

But in a filing with the U.S. Securities and Exchange Commission,
Fastclick hinted that the high cost of housing may prevent it from
expanding in the area as much as it would like.

Pending approval from the SEC, shares of Fastlick, an Internet
advertising firm founded in 2000, will trade over the Nasdaq under the
symbol FSTC.

Credit Suisse First Boston and Citigroup are the lead underwriters of
the offering, with Thomas Weisel Partners and Jefferies Broadview also
participating. Attorneys Thomas Hopkins and Linda Giunta Michaelson of
the Santa Barbara office of Sheppard, Mullin, Richter & Hampton are
also involved.

Fastclick had $39 million in revenue through the first nine months of
2004, making it one of the largest private companies in the region. It
has been profitable for three years, and it closed a $75 million
private equity round only two months ago.