TA Associates and Rho Ventures Complete Investment in IntraLinks

TA Associates, a leading growth private equity and buyout firm,
and Rho Ventures, a leading venture and growth equity firm, today
announced that they have completed a majority recapitalization of
IntraLinks, Inc., a leading provider of online workspaces for secure
document exchange. Rho has been a major shareholder in IntraLinks
since 2001, and will continue to hold a significant stake in the
company. Terms of the transaction were not disclosed.

Through its On-Demand Workspaces(TM), IntraLinks helps businesses
share sensitive information and documents safely and securely online.
Customers use the hosted workspaces to exchange and manage
time-sensitive, confidential information, particularly for business
processes between multiple organizations. IntraLinks serves the
mergers and acquisitions, syndicated loans, alternative investments
and life sciences communities, and its products are used by the
corporate legal, finance and operations teams of global companies.
IntraLinks offers subscription and transaction-based offerings, and
has facilitated projects with over 600,000 users, representing over
50,000 organizations. Founded in 1996, IntraLinks is headquartered in
New York with offices around the world.

"IntraLinks is an outstanding company with a strong, 10-year track
record," said Brian J. Conway, a Managing Director at TA Associates
who will join the company's Board of Directors. "IntraLinks has a
broad customer base and significant growth momentum, and has emerged
as the leading software-as-a-service provider in online workspaces. We
look forward to working closely with IntraLinks' management team and
Rho Ventures to further build value in the company."

"We are pleased to roll a major portion of our equity in
IntraLinks alongside an established and experienced partner like TA,"
said Habib Kairouz, a Managing Partner at Rho Ventures who will remain
on IntraLinks' Board of Directors. "IntraLinks has a scalable and
well-defined business model and a unique customer value proposition,
and we are pleased to continue our relationship with the company."

"We welcome this partnership with TA Associates and Rho Ventures,
firms that share our commitment to quality and to building long-term
client relationships," said Patrick Wack, President and Chief
Executive Officer of IntraLinks, Inc. "This endorsement will help us
further strengthen our leadership position and seize new market
opportunities in the U.S. and internationally as we continue on a path
of robust growth."

The market for online solutions continues to expand due to a
growing need to manage and share content in an online environment,
increasing adoption of outsourcing and on-demand applications, and
heightened focus on content security, control and compliance.

"Today's business climate is one in which companies are addressing
concerns about compliance, security and managing corporate
information," said Harry D. Taylor, a Senior Vice President at TA
Associates who will also join IntraLinks' Board of Directors. "These
market trends have generated broad appeal for IntraLinks' on-demand
workspaces, particularly within the financial services market. As
these trends gather momentum across companies worldwide, we anticipate
that IntraLinks will further increase its market penetration within
financial services and expand into new vertical markets."

TA Associates has more than 39 years of investing experience,
focusing on recapitalizations and buyouts of profitable growth
companies. TA has been an early private equity investor in leading
online businesses such as Ameritrade (NASDAQ: AMTD); in leading
software companies such as BMC Software (NYSE: BMC), Cadence Design
Systems (NYSE: CDN) and Hyperion Solutions Corporation (NASDAQ: HYSL);
and in rapidly growing financial technology companies like
IntercontinentalExchange (NYSE: ICE).

Goodwin Procter served as legal counsel to TA Associates. Heller
Ehrman provided legal services to IntraLinks. Advisory services for TA
were provided by Jefferies Broadview, and for IntraLinks by Credit
Suisse. Proskauer Rose LLP provided legal counsel to Rho Ventures.

IntraLinks

IntraLinks(R) On-Demand Workspaces(TM) connect business
communities and accelerate the intelligent flow of information and
documents among participants. Through IntraLinks' secure, neutral,
online environments, companies are better able to compete globally by
accelerating essential business processes, simplifying communication
and fostering rapid workflow. IntraLinks is easily accessible
anywhere, anytime using a web browser.

Since 1997, more than 600,000 participants representing over
50,000 organizations worldwide have used IntraLinks On-Demand
Workspaces(TM) to communicate and collaborate on thousands of projects
and transactions. IntraLinks has been adopted widely in the financial
services and pharmaceutical industries, where its clients include
AstraZeneca Pharmaceuticals LP, Bank of America, Bear Stearns,
Deutsche Bank, FDIC, TD Securities, Thomas Weisel Partners and WestLB,
among hundreds of others. Founded in 1996, IntraLinks is headquartered
in New York with offices around the world.

TA Associates

Founded in 1968, TA Associates is one of the largest and most
experienced private equity firms. With offices in Boston, London and
Menlo Park, the firm manages $10 billion in capital and has invested
in more than 370 companies. TA Associates provides management buyout,
leveraged recapitalization and growth equity capital primarily for
technology, financial services, business services, healthcare and
consumer businesses. More information about TA Associates can be found
at www.ta.com.

Rho Ventures

Rho Ventures, a division of Rho Capital Partners, has been backing
emerging and high growth companies primarily in the U.S. since its
inception in 1981. Venture capital and growth equity funds under
management currently exceed $1.4 billion. Rho Ventures has invested in
approximately 200 companies and helped build market leaders across
many high growth industries. The firm is currently investing Rho
Ventures V, a $425MM fund launched in 2005. Previous investments
include Ciena Corporation, Compaq Computer (currently part of Hewlett
Packard), Diversa, Human Genome Sciences, iVillage (currently part of
NBC Universal), Leukosite (currently part of Millennium
Pharmaceuticals), MedImmune, Senomyx, Silicon Graphics, Vanda
Pharmaceuticals, Vicuron and Yantra (currently part of Sterling
Commerce). For additional information, please visit www.rho.com.

Safe harbor statement under the U.S. Private Securities Litigation
Reform Act of 1995: Statements made in connection with this release
which are not historical fact, such as forward-looking statements
concerning future financial performance and growth, involve risk and
uncertainties. Such statements are subject to various factors that
could cause actual results to differ materially from those set forth
in the forward-looking statements. Any forward-looking statements
represent the best judgment of TA Associates, Rho Ventures and
IntraLinks as of the date of this release. TA Associates, Rho Ventures
and IntraLinks disclaim any intent or obligation to update any
forward-looking statements.