A Web search upstart is cutting the ribbon on a new service with the celebrity muscle of Bill Clinton, a sure sign that dot-com hype is back.

On Monday night in New York, the former U.S. president became the first outsider to type a few keywords into a new business-focused search engine, called Accoona. While Clinton has no affiliation in the software company behind the engine, he was hired to give a speech at its launch event in the Big Apple.

"When I became president in January 1993, there were a grand total of 50 (five-oh) sites on the Internet," Clinton said during his keynote speech. "When I left, there were 50 million, and now there's a countless number, which makes the work of Accoona all the more important."

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