On Monday AOL will produce their customised “white label” version of Adwords using Google technology.

Dariusz Paczuski, vice president of search products at AOL said “With the introduction of Search Marketplace, we’re bringing a full suite of solutions to our advertisers to help them maximize and manage campaigns across the AOL network,” including banner ads, search ads and other cost-per-click advertising.  

The Washington Post has more details here.