infoUSA CEO Withdraws Offer to Acquire Remaining Shares of Company

OMAHA, NE – Vin Gupta & Company, LLC, an entity controlled by Vin Gupta, Chairman and CEO of infoUSA Inc., recently announced that it has been informed by the Special Committee of the Board of Directors of infoUSA that it has rejected Mr. Gupta’s previously announced proposal to take the company private. Under the terms of the previously announced proposal,Vin Gupta & Company had offered to acquire all of the outstanding common stock of infoUSA that he did not already own for $11.75 per share in cash.

As a result of this action by the Special Committee of the Board of Directors of infoUSA, Mr. Gupta has elected to withdraw his previous proposal. In so doing, Mr. Gupta reiterated his previous statement to the infoUSA Board of Directors, delivered in connection with his initial proposal, that he does not desire to dispose of any of his shares of infoUSA common stock, nor does he intend to vote in favor of any other change of control transaction of the company.