OREANDA-NEWS. June 05, 2012.  Yandex (NASDAQ: YNDX), the leading internet company in Russia operating the country’s most popular search engine and most visited website, today announced that it will continue to offer its own customized version of Mozilla’s Firefox from Yandex websites following the release of Firefox version 14 for the Russian market. The “nightly” test version is expected to be released tomorrow, followed by the beta version by the end of the week.

This customized version of the Firefox browser was developed under Yandex’s arrangements with Mozilla and includes Yandex as the default search service. With the release of the new version of Firefox, Yandex will remain among the search options available to users of Firefox’s generic browser but will no longer be the default search provider. As with prior versions of Firefox, users will be able to change the default search provider if they desire.

Yandex expects that this change of the default search settings in the generic Firefox browser will have a minimal effect on its share of searches, and the impact on revenue and profitability will be negligible.