Abstract: An architecture and system for speed networking is disclosed. In accordance with the embodiments of the invention a computer-based system is configured to generate and store user profiles that contain user interests and goals. The system matches user profiles to define a group of users with the same or similar interests or goals and initiates one-on-one online chat sessions between pairs of users within the group. The one-on-one online chat sessions preferably last for a selected or predetermined period of time. Users then rank or rate the one-on-one online chat sessions according to a satisfaction factor. The system automatically catalogs contact information between the users that had satisfaction factors within personal contact libraries that can be accessed or modified by the users at a later date.