Corporate Contact Investor Relations Contact

Amy Sheldon Dawn Scardina

ClickAction Inc. ClickAction Inc.

650.473.3605 650.463.3948

amys@clickaction.com ir@clickaction.com

CLICKACTION INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

For the three months ended

March 31, 2002 and 2001

(Unaudited)

(in thousands except per share data)

		March 31,		March 31,
		2002		2001
Revenues	$	2,185	$	5,314
Cost of revenues		129		237
Gross profit		2,056		5,077
Operating expenses:
Product development		1,246		1,775
Sales and marketing		915		2,516
General and administrative		673		1,164
Settlement of claims		240		----
Total operating expenses		3,074		5,455
Operating loss		(1,018)		(378)
Interest income, net		(1)		28
Loss from continuing operations before income tax expense		(1,019)		(350)
Income tax expense		11		---
Loss from continuing operations		(1,030)		(350)
Loss from discontinued operations		----		(2,201)
Net loss	$	(1,030)	$	(2,551)
Basic and diluted net loss per share:
Net loss from continuing operations	$	(0.08)	$	(0.03)
Net loss from discontinued operations		----		(0.17)
Net loss	$	(0.08)	$	(0.20)
Weighted average shares of common stock outstanding:
Basic and diluted		13,028		12,664

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CLICKACTION INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

March 31, 2002 and December 31, 2001

(Unaudited)

(in thousands except share data)

		March 31,		December 31,
		2002		2001
ASSETS
Current assets:
Cash and cash equivalents	$	1,472	$	2,137
Note receivable		----		250
Accounts receivable, net		2,448		2,409
Prepaid operating lease obligation		581		641
Other current assets		569		267
Total current assets		5,070		5,704
Property and equipment, net		1,492		1,593
Other assets		194		231
Total assets	$	6,756	$	7,528
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	826	$	1,303
Accrued compensation		529		385
Other accrued liabilities		1,103		1,359
Current portion of capital lease obligation		142		115
Deferred revenues		857		110
Total current liabilities		3,457		3,272
Long term liabilities -
Capital lease obligation – less current portion		78		67
Stockholders' equity:
Preferred stock; $0.001 par value; 2,000,000
shares authorized; 3,500 shares issued in 2001;
3,000 shares outstanding in 2002 and 2001,
respectively; (aggregate liquidation preference of
$3,027,273 as of March 31, 2002)		1		1
Common stock; $0.001 par value; 60,000,000
shares authorized; 13,022,528 and 12,923,603
shares issued and outstanding, respectively		13		13
Additional paid-in capital		32,512		32,449
Accumulated deficit		(29,305)		(28,274)
Total stockholders' equity		3,221		4,189
Total liabilities and stockholders' equity	$	6,756	$	7,528