ANCESTRY.COM INC 
By
October 24, 2012
-Ancestry.com Subscriber Growth up 19% year-over-year-
- Q3 Total Revenue $128 million, up 24% year-over-year -
PROVO, Utah, Oct. 24, 2012 (GLOBE NEWSWIRE) -- Ancestry.com
Inc. (Nasdaq:ACOM), the world's largest online family
history resource, reported today financial results for the
third quarter ended September 30, 2012.
"We are very pleased with our third quarter results that
featured strong financial performance and subscriber metrics
and solid execution on our content and product
initiatives," said Tim Sullivan, Chief Executive Officer
of Ancestry.com. "We completed the indexing of the 1940
US Federal Census, a key milestone for Ancestry.com and the
family history category, and we continued
to make progress with our mobile app platform and AncestryDNA
rollout."
Separately, on October 22, 2012 the Company reported that a
company owned by the Permira funds and co-investors entered
into a definitive merger agreement to acquire Ancestry.com
for $32.00 per share in cash in a transaction valued at $1.6
billion. The transaction, which is subject to the approval of
holders of a majority of the outstanding shares of
Ancestry.com common stock and other customary closing
conditions, is expected to close in early 2013.
