*San Diego and Riverside Show Double Digit Gains in January, Says New CareerCast.com/JobSerf Employment Index*

* *

*Double Digit Losses Reported in Memphis, Cincinnati, Nashville, Louisville, Cleveland and Pittsburgh*

* *

CARLSBAD, CA/RICHARDSON, TX (January 31, 2012) – Managerial recruitment activity was off to a slow start in January, with a negligible loss of 0.1% points since last month, according to the new CareerCast.com/JobSerf Employment Index. The January 2012 Index, which measures managerial hiring activity online, fell 0.1 points from December 2012, and is 8.7 points lower than the January 2011 Index. ****

** **

San Diego made significant progress, with a 14% increase in hiring over last month. Although Riverside, Calif., continues to languish at the bottom of the Index, it showed some momentum with an 11% increase over last month. According to Going Global, 26,600 jobs were added in San Diego County over the past 12 months with the greatest growth in educational and health services, professional and business services, leisure and hospitality, trade, transportation and utilities, and financial activities.****

** **

“There has not been a significant improvement in hiring yet in 2012,” says Jay Martin, COO, JobSerf. “And managerial recruitment activity remained close to 2007 levels for much of last year.”****

** **

The cities with the most per capita hiring gains in 2011 included: Nashville (+19 points), Memphis (+13 points) and Houston (+10). The biggest losers in 2011 were San Diego (-11), Washington, DC (-8), New York City (-7) and Milwaukee (-7).****

** **

“We expect the job market in 2012 to remain very competitive for job seekers,” says Tony Lee, publisher, CareerCast.com. “Job hunters should determine which positions are the hardest for employers to fill, then learn new skills, if necessary, to qualify for those jobs. Many companies are waiting for the economy to improve before ramping up new initiatives.”****

****

The CareerCast.com http://www.careercast.com//JobSerf Employment Index per capita hiring levels for U.S. cities in January are:****

** **

1. Washington, D.C. – 143****

2. Boston – 129****

3. San Francisco – 111****

4. Seattle – 101****

5. Baltimore – 83****

6. Atlanta – 83****

7. Chicago – 71****

8. Denver – 69****

9. Nashville – 66****

10. New York City – 65****

11. Dallas – 63****

12. Cleveland – 58****

13. Hartford – 58****

14. Philadelphia – 58****

15. Houston – 56****

16. Minneapolis – 55****

17. Pittsburgh – 55****

18. San Diego – 50****

19. Indianapolis – 49****

20. Milwaukee – 48****

21. St. Louis – 46****

22. Los Angeles – 45****

23. Phoenix – 45****

24. Cincinnati – 45****

25. Louisville – 43****

26. Tampa – 42****

27. Miami – 40****

28. Detroit – 36****

29. Memphis – 32****

30. Riverside – 21****

****

The CareerCast.com/JobSerf Employment Index is an exclusive barometer showing managerial hiring activity based on the number of jobs posted online nationally. The Index reveals the differences in job listings by month, and offers valuable trends and forecasts using proprietary employment data hand-counted by a team of researchers.****

** **

To read the full report and get more information on the best and worst cities to find a job, visit www.careercast.com/career-guidance/employment-trends.****

** **

*About JobSerf *JobSerf, Inc. (www.jobserf.com) is a privately held Texas-based corporation that pioneered the job search outsourcing (JSO) industry with its revolutionary ‘Find & Apply’ service. The company’s patent-pending process provides for an affordable means to both ‘find & apply’ for jobs on behalf of clients. For more information, visit the website at www.jobserf.com.****

** ** About CareerCast.com****

CareerCast.com http://www.careercast.com/, created by Adicio, is a job search portal that offers extensive local, niche and national job listings from across North America, job-hunting, career-management and HR-focused editorial content, videos and blogs, and provides recruiters with the ability to post jobs directly to more than 800 niche career sites. CareerCast.com also compiles the Jobs Rated Report (www.jobsrated.com), where 200 jobs across North America are ranked based on detailed analysis of specific careers factors.****

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###****

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Editor’s Note: Historical hiring data is available upon request.

* *

For Rent Media SolutionsTM Expands Digital Reach in 2011 For Rent Media Solutions experiences influx of online traffic surpassing 2010 Norfolk, VA (PRWEB) January 27, 2012

For Rent Media SolutionsTM (FRMS), a leading resource for apartment searches nationwide and a division of Dominion Enterprises, experienced booming Internet and mobile success in 2011 as it continued expanding its reach into the digital community.

FRMS received significant boosts in usage from other multimedia ventures undertaken in 2011, including its innovative social media offerings and mobile developments. The company continued forging marketing inroads throughout the multifamily housing industry by utilizing a variety of digital outlets to reach a broader audience and grow its online presence. This included securing an exclusive partnership with Oodle’s Marketplace on Facebook, as well as mobile device compatibility and free application offerings in both the Android and Apple markets.

According to the comScore report released in early January, FRMS benefitted from its burgeoning online presence when its website received 31 percent more visits than 2010 and averaged more than 2.6 million unique visitors per month—an increase of 20 percent since 2010.

Significant growth was also reported in the mobile market. According to Nielsen’s 2011 State of the Media: The Mobile Media Report, the number of smartphone subscribers using the mobile Internet has grown 45 percent since 2010. This increase in mobile consumers is evident in statistics generated by FRMS which show more than 115,000 ForRent.commobile application downloads in 2011 and an increase in mobile site traffic of 400 percent since June 2010.

Allowing seamless transition for users through the addition of social media components to the ForRent.com mobile applications, FRMS also experienced a 326 percent increase in Facebook fans and a 55 percent increase in Twitter followers between 2010 and 2011.

With such strong indicators of success across FRMS’ product offerings in 2011, the company plans to continue setting the trends in the virtual realm. To this end, FRMS kicked off 2012 by announcing the upcoming release of Marketplace Network 2.0, an upgrade to the complete social media and retention solution available to Marketplace Expert customers. This product generated more than 447,000 LEADS™ and delivered an average of 1 million unique visitors per month since the exclusive Oodle Marketplace partnership began in March 2011.

About For Rent Media Solutions™ Founded in 1982 as For Rent Magazine®, For Rent Media Solutions™ is headquartered in Norfolk, Va., and provides multifamily housing solutions for apartment seekers and property/apartment managers and owners through integrated marketing techniques, including print and Internet, mobile media, custom video and social media solutions. For Rent Media Solutions operates For Rent Magazine, as well as Apartamentos Para Rentar®, and publishes 94 magazines covering more than 190 markets nationwide, including After 55™ Housing & Resource Guide, and ForRent.com™-The Magazine. For Rent Media Solutions operates four additional websites: ForRent.com®, SeniorOutlook.com®, CorporateHousing.com® and ParaRentar.com®. Visit ForRent.com for more information, or visit us on Facebook, Twitter, YouTube and LinkedIn.

About Dominion Enterprises Dominion Enterprises is a leading marketing services and publishing company serving the automotive, recreational and commercial vehicle, real estate, apartment rental, employment, parenting, travel, and daily deals industries. The company’s businesses provide a comprehensive suite of technology-based marketing solutions including Internet advertising, lead generation, CRM, website design and hosting, and data management services. The company has more than 60 market-leading websites reaching more than 20.9 million unique visitors monthly, and more than 280 magazines with a weekly circulation of 2.4 million. Headquartered in Norfolk, Va., the company has 3,300 employees in more than 186 offices in the United States, Canada, England and Italy. For more information visit http://www.DominionEnterprises.com http://www.dominionenterprises.com/.

*NADAguides.com Analysts Report Significant Traffic Increases In 2011*

*NADAguides.com Traffic Trend Report for the Second Half of 2011 Reveals Heighted Research Activity Online and Mobile*

* **COSTA MESA, Calif. – January 26, 2012*

**

* *

*News Highlights*

**· **NADAguides.com http://www.nadaguides.com/*,* the most comprehensive new and used car, classic car, motorcycle, boat and recreation vehicle pricing and information resource online, announces its 2011 third and fourth quarter Traffic Trends Report – showing growth in traffic and consumer shopping activity site wide.

**· **Site traffic to the Motorcycle, ATVs and Utility Vehiclesection posted an 18 percent increase year over year and recorded an impressive 21 percent for the second half of the year, up from 14 percent during the first two quarters of 2011. NADAguides.com market analysts report motorcycle sales overall registered their first gains in two years during 2011, led by street bikes and scooters. ****

** · **Interest in the Classic Carssection grew by 13 percent year over year. For the last three months of the year, Classic Car traffic increased 24, 25 and 26 percent respectively month over month, indicating significant consumer interest in the Classic Car section.

**

** · **Traffic to the Automotive section peaked in August, recording the highest number of unique visitors on NADAguides.com. The Automotive section on NADAguides.com experienced an overall 9 percent increase in unique visitors as compared to the 2010 calendar year.

**

** · **Consumer shopping interest for the Boats and Personal Watercraft http://www.nadaguides.com/Boats section saw an overall 10 percent increase in consumer traffic over the 2010 year. Analysts point out historic traffic patterns show that consumer interest in boats and personal watercraft are seasonal with the highest amount of shopping research activity recorded during the summer months. The month of July 2011 posted the highest level of research activity and traffic in that category ever recorded.

**

** · **The RV http://www.nadaguides.com/RVs section saw an overall traffic increase of 10 percent during the second half of the year. NADAguides.com analysts note that according to a new study, 8.5 percent of U.S. households now own RVs, up from 8.0 percent in 2005, showing a clear rise in the number of people shopping online for these types of vehicles. In addition, a current poll of consumers on the NADAguides.com website shows 52 percent of people looking for a specialty vehicle are interested in RVs attributing to the increase in traffic on the site.

**

** · **Introduced in 2008, the NADAguides.com mobile site has seen a 30 percent increase in unique visitors during the second half of 2011. Mobile site visitors now make up 8 percent of all web traffic visiting NADAguides.com, which mirrors growing industry figures as more consumers research and shop for cars on their mobile devices.

**

** · ** Similar to the first half of the year, the total number of unique visitors to NADAguides.com continued to increase during the second half of the year at 12 percent. The site recorded August 2011 as its best month ever for total site traffic.

**

** *Key Quotes*

**· ***Troy Snyder, director of product development at NADAguides.com: *“As the largest publisher of vehicle data online we are a leading resource for in-market vehicle shoppers and by analyzing their traffic search patterns we are able to gauge consumer interest and trends. NADAguides.com site traffic has had significant increases year over year, especially in 2011, indicating more and more consumers are researching before they buy and are increasingly more knowledgeable before they make their purchase.”**

* **About the NADAguides.com Traffic Trends Report*

The NADAguides.com Traffic Trends Report is an analytical review of millions of consumer behaviors and interest indicators on NADAguides.com for the year. NADAguides.com Traffic Trends Report is an ongoing study, tracking and trending consumer research patterns and purchase intentions within the automotive, classic car, motorcycle, boat and recreation vehicle industries.**

* *

*About NADAguides.com*

NADAguides.com (http://www.nadaguides.com) is the largest publisher of vehicle pricing and information for new and used cars, classic cars, motorcycles, boats, recreation vehicles, and manufactured homes. NADAguides.com offers in-depth shopping and research tools in addition to the most market-reflective pricing available. The company also produces software, raw data, web services, web-syndicated products and print guidebooks.****

* *

*Resources*

**· **NADAguides http://www.nadaguides.com.com ****

**· **NADAguides.com on Twitter http://twitter.com/NADAguides ****

**· **NADAguides.com on Facebook ****

**· **NADAguides.com on YouTube

*Industries* ****

**· **Automotive – New and used****

**· **Classic car****

**· **Boat****

**· **Recreation vehicle ****

**· **Motorcycle****

**· **ATV****

** **

* *

AutoNation Reports All-Time Record Quarter and All-Time Record Full Year Results

FORT LAUDERDALE, Fla., Jan. 26, 2012* */PRNewswire/ *–*

*Fourth Quarter 2011 Results*

- Adjusted EPS from continuing operations was an all-time record(1) $0.51, up 13% compared to fourth quarter 2010 EPS from continuing operations of $0.45 (no adjusting items in the year-ago period) – On a GAAP basis, fourth quarter 2011 EPS from continuing operations was $0.50 – Operating income of $144 million, an increase of 7% compared to the year-ago period – Total revenue up 13% compared to the year-ago period; revenue for all major categories – new vehicles, used vehicles, parts and service, and finance and insurance – improved compared to the fourth quarter of 2010.

*Full Year 2011 Results*

- Adjusted EPS from continuing operations was an all-time record $1.94, up 24% compared to full year 2010 adjusted EPS from continuing operations of $1.56 – On a GAAP basis, full year EPS from continuing operations was $1.93 in 2011 compared to $1.48 in 2010 – Operating income of $572 million, an increase of 15% compared to 2010 – Total revenue up 11% compared to 2010; revenue for all major categories – new vehicles, used vehicles, parts and service, and finance and insurance – improved compared to 2010.

*AutoNation, Inc. (NYSE: AN)*, America’s largest automotive retailer, today reported 2011 fourth quarter adjusted net income from continuing operations of $71 million, or$0.51 per share, compared to net income from continuing operations of $68 million, or $0.45 per share, for the same period in the prior year, a 13% improvement on a per-share basis. Adjusted net income from continuing operations for the fourth quarter of 2011 excludes debt refinancing costs of $1 million after-tax, or $0.01 per share, as disclosed in the attached financial tables. On a GAAP basis, fourth quarter 2011 net income from continuing operations was $70 million, or $0.50 per share. There were no adjusting items for the fourth quarter of 2010.

(Logo: http://photos.prnewswire.com/prnh/20001017/AUTONATIONLOGO )

2011 fourth quarter revenue totaled $3.7 billion, compared to $3.2 billion in the year-ago period, an increase of 13%, driven primarily by stronger retail new and used vehicle revenue. AutoNation’s new vehicle unit sales increased 10% on a same store basis and were up 13% overall. Based on CNW Research data, in the fourth quarter, total U.S. industry new retail vehicle unit sales increased 7%.

2011 fourth quarter gross profit totaled $579 million, compared to $545 million in the year-ago period, an increase of 6%, primarily due to an increase in retail new vehicle gross profit, as well as an increase in finance and insurance gross profit. Gross profit per new vehicle retailed was favorably impacted by $34 in the fourth quarter of 2011 and by $247 in the fourth quarter of 2010 related to additional incentives primarily on premium luxury vehicles previously sold. On a per-vehicle basis, gross profit per new vehicle retailed increased $52 or 2%, despite the decrease in additional incentives compared to the year-ago period. Finance and insurance gross profit per vehicle retailed increased $63 or 5%, as compared to the year-ago period.

Mike Jackson, Chairman and Chief Executive Officer, said, “We continued to deliver impressive results, setting another record for the highest ever annual and quarterly adjusted EPS from continuing operations. We are pleased with our strong year-over-year growth across all areas of our business.” Mr. Jackson concluded, “We are looking forward to the continued recovery in auto retail, buoyed by accelerated product offerings, robust consumer credit and strong replacement demand. We expect industry new vehicle sales to be approximately 14 million units in 2012.”

During the fourth quarter of 2011, AutoNation repurchased 6.3 million shares for an aggregate purchase price of $217.8 million, and, from January 1, 2012 through January 25, 2012, AutoNation repurchased 3.5 million shares for an aggregate purchase price of $122.1 million. AutoNation today announced that the Board of Directors authorized the repurchase of up to an additional $250 million of AutoNation common stock. With the increased authorization, as of January 25, 2012, AutoNation had approximately $278 million remaining Board authorization for share repurchase. As of January 25, 2012, there was approximately 132 million shares outstanding.

AutoNation has three operating segments: Domestic, Import, and Premium Luxury. The Domestic segment is comprised of stores that sell vehicles manufactured by General Motors, Ford, and Chrysler; the Import segment is comprised of stores that sell vehicles manufactured primarily by Toyota, Honda, and Nissan; and the Premium Luxury segment is comprised of stores that sell vehicles manufactured primarily by Mercedes, BMW, and Lexus. Segment results for the fourth quarter were as follows:

- *Domestic* – Domestic segment income(2) was $44 million compared to year-ago segment income of $37 million. Fourth quarter Domestic retail new vehicle unit sales increased 21%. – *Import* – Import segment income(2) was $53 million compared to year-ago segment income of $46 million. Fourth quarter Import retail new vehicle unit sales increased 3%. – *Premium Luxury* – Premium Luxury segment income(2) was $70 million compared to year-ago segment income of $66 million. Fourth quarter Premium Luxury retail new vehicle unit sales increased 28%.

For the full year ended December 31, 2011, the Company reported adjusted net income from continuing operations of $286 million, or $1.94 per share, compared to adjusted net income from continuing operations of $247 million, or $1.56 per share for the same period in the prior year, an improvement of 24% on a per-share basis. Adjusted net income from continuing operations excludes debt refinancing costs of $1 million after-tax, or $0.01 per share, for 2011 and $12 million after-tax, or $0.08 per share, for 2010, as disclosed in the attached financial tables. On a GAAP basis, net income from continuing operations for 2011 was $284 million, or $1.93 per share, compared to $235 million, or $1.48 per share, for the prior year. The Company’s revenue for the full year ended December 31, 2011, totaled $13.8 billion, up 11% compared to $12.5 billion for the same period in the prior year.

The fourth quarter conference call may be accessed by telephone at (888)769-8515 (password: AutoNation) at 11:00 a.m. Eastern Time or on AutoNation’s investor relations website at investors.autonation.comunder “Events & Presentations.”

The webcast will also be available on our web site following the call. A playback of the conference call will be available after 1:00 p.m. Eastern Time on January 26, 2012through February 3, 2012 by calling (800)-283-4984 (password: 75300).

Automotive Advertising Network to Reveal Dealership In-Store Review Platform at 2012 NADA Convention *New technology being unveiled at 2012 NADA convention helps dealers obtain and syndicate consumer reviews across multiple websites and popular blogging platforms* WEBWIRE http://www.webwire.com/ – Tuesday, January 24, 2012

*EATONTOWN, NJ – *The Automotive Advertising Network(AAN) today announced that they will be unveiling groundbreaking in-store review platform at the upcoming 2012 NADA Convention.

One of the defining features of the new AAN consumer review platform is that it makes it possible for dealers to syndicate their consumer reviews across multiple sites with just the click of a button. Now consumer reviews that are written online can be automatically duplicated to the dealer’s main website as well as any additional dealer blog sites on WordPress, Blogger, Typepad, Ning, etc.

The AAN consumer review tool also gives dealers the ability to create special review pages on their website for sales, parts and service. The new feature is compatible with most vendor websites.

“Dealers now have an option to own their reviews and more importantly influence ZMOT by syndicating them online,” says Ananth Godavari, CEO of the AAN.

Syndication of consumer reviews like the AAN now allows for is incredibly valuable for a dealer’s SEO and reviews in general are a top ZMOT (Zero Moment of Truth) influencer. Owning multiple web assets, like AAN members do, that showcase a dealer’s reviews and ratings, is one of the most effective way to capture a consumer’s attention online.

The new review platform being unveiled at NADA is free to AAN members.

*About the Automotive Advertising Network*

The AAN is the industry’s first optimized, dealer-centric network with no third-party ads, designed to promote car dealers’ inventories on national, regional, local and specialty sites.

Developed by industry experts Brian Pasch, Sean Wolfington, David Boice and Ananth Godavari, the AAN is a comprehensive digital marketing and branding platform that utilizes proven practices in Search Engine Optimization (SEO), inventory advertising, social media and content publishing to advertise and sell dealer inventory.

Using these proven SEO strategies, the AAN helps dealers establish high quality, exclusive leads for less money, translating into higher closing ratios and lower costs for the dealers. Plus, unlike traditional third party lead collectors, the dealer’s own inventory-listing pages are free of competing ads.

The AAN has changed the playing field for dealers who have typically had to compete with national third- party lead providers who have long had an advantage on the search engines because of their national footprint and corresponding search authority.

To learn more about the AAN, it’s member benefits and features, please visit http://www.automotiveadvertisingnetwork.com/ .

*Media General Reports Fourth-Quarter 2011 Results*

RICHMOND, Va. – Media General, Inc. (NYSE: MEG), a multimedia provider of broadcast television, digital media and print products, today reported operating income for the fourth quarter of 2011 of $27.7 million, excluding non-cash intangible asset impairment of $6 million and severance expense of $3.5 million. This compared with operating income of $36.7 million in the 2010 fourth quarter, excluding severance expense of $1.2 million and an insurance gain of $956,000. The impairment charge in the current quarter was related to DealTaker.com, as discussed below.

The company reported a net loss in the fourth quarter of 2011 of $3.3 million, or 15 cents per share, including the severance expense and impairment. Adjusted for severance and impairment, income in the fourth quarter of 2011 was $4.5 million, compared with income in the 2010 fourth quarter of $9.3 million, adjusted for severance expense and the insurance gain.

Total revenues in the 2011 fourth quarter of $168 million were $22 million, or 11.7 percent, lower than the prior year. This decrease was mostly due to an expected and significant decrease in Political revenues in an off-election year. Political revenues in the fourth quarter of 2010 were $24 million, compared with only $3.6 million in the current quarter. Lower Print revenues and a drop in Advertising Services revenues also contributed to the overall revenue shortfall.

Partially offsetting the lower revenues was an 8.6 percent decrease in total operating costs, adjusted for the severance expense, impairment and insurance gain.

“Media General’s fourth-quarter results reflected several positive trends. Automotive advertising at our Broadcast television stations increased 14 percent from the prior year. Excluding Political revenues, total Broadcast revenues increased nearly 9 percent,” said Marshall N. Morton, president and chief executive officer. “In addition, the decline in Print revenues moderated to 6.6 percent, compared with a 9.1 percent decrease in the third quarter of 2011. Fourth-quarter Print revenues included strong preprint advertising volume in several markets and solid retail advertising related to the holidays.

“Our media websites generated $8.3 million in revenues, the second highest ever for Media General, driven by 15 percent growth in Local online revenues, which broke the $5 million mark for the first time,” Mr. Morton said. “With the acceleration of smartphone penetration, our mobile revenues were up more than three-fold in the quarter and are the fastest-growing advertising category. Mobile page views increased more than 80 percent. Unique visitors to our local media websites increased 7.5 percent, reflecting continuing audience growth from new sources such as tablets and social media.

“As we start the new year, we have generated strong Political revenues from the Republican primaries in South Carolina and Florida, and other campaign and issues spending is starting to ramp up. We have booked strong advance sales for the Super Bowl on our eight NBC stations. As this major election year unfolds, we expect to generate at-or-above-market shares of Political revenues at our highly ranked television stations. Our NBC stations also will benefit from Summer Olympics advertising,” Mr. Morton said.

“We have put in place a number of strategic building blocks to increase cash flow generation in 2012, including a major restructuring of The Tampa Tribune. In December, we implemented a reduction in the workforce of 165 positions at The Tampa Tribune and its related print properties. We also implemented a number of other cost-saving actions. These actions will significantly improve cash flow in our Florida market this year,” said Mr. Morton.

“For 2012 overall, we expect a continued decline in total Print revenues, although we are not prepared at this early stage to forecast by how much, due to limited visibility. We are making strong progress accelerating our digital strategy, and we are pleased with our paid-content initiatives. Our Internet partnerships are strong and growing,” said Mr. Morton.

For the full year 2012, Media General currently expects that cash provided by operations will be used to make interest payments of $58 million, capital expenditures of $23-25 million and retirement plan contributions of $13 million. Other cash will be used to reduce debt wherever possible.

Market Segments Virginia/Tennessee market profit increased 15 percent to $12.5 million in the fourth quarter, compared with $10.9 million last year. A 10.9 percent decrease in expenses offset a 5.5 percent decline in revenues. Political revenues were $965,000, compared with $1.6 million in the prior year. Local revenues rose slightly, driven by increases at the market’s two television stations and a 36 percent jump in Local digital advertising. National revenues decreased 18.4 percent, and Classified revenues were down 17.1 percent. Printing and distribution revenues increased 25.7 percent. Digital media revenues increased 11.4 percent.

Florida market profit of $275,000 included $3.5 million of expense for severance and restructuring The Tampa Tribune and its related print operations. This compared with profit of $6.3 million in the 2010 fourth quarter, which included $5.9 million of Political revenues. Current-year Political revenues were only $194,000. Expenses decreased 3.8 percent, including the severance and restructuring costs. Local revenues decreased 3.1 percent, driven mostly by print declines, partially offset by Local digital revenues, which increased 3 percent. National revenues decreased 20.6 percent, due in part to the absence of BP revenues in the current year. Classified revenues decreased 18.1 percent due to lower real estate, employment and legal spending. Printing and distribution revenues were up 4.9 percent. Digital media revenues declined 9.1 percent, reflecting lower National advertising, partially offset by higher Local spending.

Mid-South market profit was $12 million, compared with $14.9 million in the prior year, primarily due to lower Political revenues in this broadcast-intensive market. Political revenues were $6.8 million in 2010, compared with only $845,000 in the current year. Local advertising revenues decreased just 1 percent, as a result of higher broadcast and digital media advertising, partially offset by print declines. National advertising was essentially even, with seven of the 11 television stations generating increases. Classified revenues were down 9.9 percent. Printing and distribution revenues were up 73.2 percent. Digital media revenue growth of 16.2 percent was the best performance of the company’s geographic markets and resulted from a local direct sales focus.

North Carolina market profit was $3.9 million, compared with $2.9 million last year. A revenue decrease of only 2.4 percent was offset by an expense decrease of 8.2 percent. In the 2010 fourth quarter, the market had $724,000 in Political revenues, compared with $24,000 in the current quarter. Local revenues decreased 4.6 percent, primarily reflecting lower spending on the print side. National revenues rose nearly 10 percent, due to increases at both television stations and the Winston-Salem Journal. Classified revenues increased 1.6 percent, due to higher digital advertising and increased legal, automotive and help-wanted advertising at the community newspapers. Printing and distribution revenues rose 63.5 percent, primarily reflecting the printing of USA TODAY in Winston-Salem and several other new accounts. Digital media revenues declined 3.5 percent.

Ohio/Rhode Island market profit of $7.4 million compared with $9.4 million in the 2010 fourth quarter, due to a decrease in Political revenues. Political revenues in the current quarter were only $1.6 million, compared with $8.8 million in the prior year. The current-year Political revenues reflected issue spending in Columbus and the Massachusetts Senate race in Rhode Island. Digital media revenues grew 4.9 percent. Expenses in the market decreased 23 percent. Local revenues increased 20.6 percent, and National advertising grew 7.1 percent.

A loss of $1.3 million in the Advertising Services and Other segment compared with profit of $316,000 in the prior year. The decrease was primarily attributable to lower results at DealTaker.com and Blockdot.

Other Results In the fourth quarter of 2011, the company performed an impairment test on DealTaker.com, resulting in a noncash pretax impairment charge totaling $6 million. Similar to many other e-commerce businesses, DealTaker.com has suffered the adverse effects of a significant change in the way Internet search results are delivered by Google.

Interest expense was approximately $14.6 million in the current quarter, down from $17.1 million in the prior-year quarter, due primarily to lower interest rates and due, in part, to the maturation of interest rate swaps in August of 2011.

Corporate expense decreased 8.2 percent from the prior year, due to employee furloughs and reductions in discretionary spending.

Newsprint expense decreased 3.6 percent from the 2010 fourth quarter. Consumption decreased 5.5 percent, while the average price per ton this year was $591, compared with $579 per ton in the prior-year quarter.

The company recorded income tax expense of $7.1 million in the fourth quarter, compared to $10.5 million in 2010. Both periods reflected non-cash tax expense related to the company’s “naked credit” issue (as previously discussed in the company’s public filings) and both were impacted by the effects of intraperiod tax allocation as well as other non-cash adjustments. The reduction in the fourth quarter was due primarily to the presence of the non-cash tax benefits related to the impairment charge recorded in the current period.

Media General’s debt at the end of the fourth quarter was $658 million, compared with $663 million at the end of 2010. Total indebtedness to EBITDA was 7.43x, compared with a maximum of 7.75x. Fixed charge coverage ratio was 1.10, compared with a minimum of 0.95. Media General continues to evaluate options for refinancing, amending and/or extending $363 million of bank debt due March 29, 2013. Along with its financial advisors, the company continues to actively monitor the credit markets for potential refinancing at a reasonable cost. Under the existing credit agreement, the two main financial covenants tighten in 2012 with each succeeding quarter. Due to the impact of continued economic weakness and uncertainty on its Print business, and despite the strong favorable prospects for its Broadcast business this year, the company is uncomfortable with its ability to remain in compliance with the covenants as they tighten. Media General intends to present a proposal to its lender group over the next few weeks seeking covenant modifications that would provide more flexibility to operate in the current uncertain economic environment. Media General also will seek an extension of its existing maturity date. The company’s objective is to reach agreement with the lender group prior to filing its Form 10-K for 2011.

EBITDA excluding impairment (loss/income before interest, taxes, depreciation and amortization, and impairment) was $37 million, compared with $49.1 million in the 2010 period. After-Tax Cash Flow was $22.4 million, excluding impairment, compared to $32 million in the prior-year. Capital expenditures were $3.4 million this year, compared with $10.9 million in the fourth quarter last year. Free Cash Flow (After-Tax Cash Flow excluding impairment minus capital expenditures) was $19 million, compared with Free Cash Flow of $21.1 million in the prior-year.

Media General provides the non-GAAP financial metrics EBITDA excluding impairment, After-tax cash flow excluding impairment, Free cash flow excluding impairment, Operating income adjusted for severance, impairment and insurance gain, Income adjusted for severance, impairment and insurance gain, and Operating costs adjusted for severance, impairment and insurance gain. The company believes these metrics, along with the supplemental platform results, are alternative measures used by investors, financial analysts and rating agencies to evaluate a company’s ability to service its debt requirements and to estimate the value of the company. A reconciliation of these metrics to amounts on the GAAP statements has been included in this news release.

Conference Call, Webcast and Financial Statements The company will hold a conference call with financial analysts today at 2:30 p.m. ET. The conference call will be available to the media and general public through a limited number of listen-only dial-in conference lines and via simultaneous webcast. To dial in to the call, listeners may call 1-866-510-0704 about 10 minutes prior to the 2:30 p.m. start. The participant passcode is “Media General.” Listeners may also access the live webcast by logging on to www.mediageneral.com and clicking on the “Live Webcast” link on the homepage about 10 minutes in advance. A replay of the webcast will be available online at www.mediageneral.com beginning at 5:30 p.m. today. A telephone replay is also available, beginning at 5:30 p.m. today, and ending at 11:59 p.m. on February 2, 2012, by dialing 1-888-286-8010 or 617-801-6888, and using the passcode 75377646.

Forward-Looking Statements This news release contains forward-looking statements that are subject to various risks and uncertainties and should be understood in the context of the company’s publicly available reports filed with the Securities and Exchange Commission. Media General’s future performance could differ materially from its current expectations.

About Media General Media General is a leading provider of news, information and entertainment across multiple media platforms, serving consumers and advertisers in strong local markets, primarily in the Southeastern United States. The company is transforming itself over time to a digital media model, while continuing to effectively manage its larger, cash producing broadcast television and print platforms. Media General’s operations are organized in five geographic market segments and a sixth segment that includes the company’s interactive advertising services and certain other operations. The company’s operations include 18 network-affiliated television stations and their associated websites and 23 newspapers and their associated websites. Media General operates three digital media advertising services companies: Blockdot, which specializes in interactive entertainment and advergaming technologies; DealTaker.com, a coupon and shopping website; and NetInformer, a leading provider of wireless media and mobile marketing services.

http://mediageneral.com/press/2012/jan26_12_earnings_tables.pdf

*Yahoo! Reports Fourth Quarter and Full Year 2011 Results*

Fourth Quarter Operating Income Increases 10% Year over Year

SUNNYVALE, Calif.–(BUSINESS WIRE)– Yahoo! Inc. (NASDAQ: YHOO) today reported results for the fourth quarter and full year ended December 31, 2011.

Revenue excluding traffic acquisition costs (“revenue ex-TAC”) was $1,169 million for the fourth quarter of 2011, a 3 percent decrease from the fourth quarter of 2010. Income from operations increased 10 percent to $242 million in the fourth quarter of 2011, compared to $220 million in the fourth quarter of 2010. GAAP revenue was $1,324 million for the fourth quarter of 2011, a 13 percent decrease from the fourth quarter of 2010. Revenue ex-TAC was $4,381 million for the full year ended December 31, 2011, a 5 percent decrease from the same period of

2010. The year over year decrease was primarily due to the revenue share related to the Search Agreement with Microsoft. Income from operations increased 4 percent to $800 million for the full year ended December 31, 2011, compared to $773 million for the same period of 2010.

GAAP revenue was $4,984 million for the full year ended December 31, 2011, a 21 percent decrease from the same period of 2010, primarily due to the required change in revenue presentation related to the Search Agreement and the associated revenue share with Microsoft.Net earnings per diluted share was $0.24 in both the fourth quarter of 2011 and the fourth quarter of 2010.

*Business Highlights*

· l Yahoo! is home to 11 number one properties globally and ranks in the top three in 20 categories worldwide. (comScore, December 2011)

· l Yahoo! continued to modernize its technology platforms, with additional sites across the Americas, EMEA and Asia Pacific going live on the new global Yahoo! Publishing Platform, bringing the total more than 130.

· l Yahoo! acquired interclick, inc., which has built an industry-leading data valuation platform optimized to work with large data volumes across multiple providers and marketplaces.

· l Yahoo!, AOL and Microsoft announced agreements to allow ad networks operated by the three companies to offer each other’s premium nonreserved online display inventory to their respective advertising customers.

· l Yahoo! launched its 2012 U.S. presidential election programming, beginning with exclusive ABC News and Yahoo! News “Newsmaker” interviews with Republican candidates.

· l Yahoo! launched Livestand, a personalized living magazine for iPad. Livestand weaves together content from leading third-party publishers and Yahoo!’s global media network to create a visually stunning and deeply personalized digital experience tailored to its users’ interests and passions.

· l Yahoo! introduced additional products for the iPad such as Yahoo! Mail and IntoNow, an app that makes watching TV more engaging, social and fun.

· l Yahoo!, in conjunction with Playtone and Reliance Entertainment, will be the exclusive online broadcast partner for Tom Hanks’ multi-dimensional animated series “Electric City”.

*Search Alliance Impact*

Yahoo!’s results for the fourth quarter of 2011 reflect $48 million in search operating cost reimbursements from Microsoft under the Search Agreement, which amount is equal to the search operating costs incurred by Yahoo! in the fourth quarter. Search operating cost reimbursements are expected to decline as Yahoo! fully transitions all markets to Microsoft’s search platform and, in the long term, the underlying expenses are not expected to be incurred under Yahoo!’s cost structure. Our business outlook for total expenses reflects these anticipated savings. As previously reported, Microsoft has agreed to extend the RPS Guarantee in the U.S. and Canada through March 2013.

*Fourth Quarter 2011 Revenue Highlights*

· Display revenue ex-TAC was $546 million, a 4 percent decrease compared to $567 million for the fourth quarter of 2010.

· GAAP display revenue was $612 million, a 4 percent decrease compared to $635 million for the fourth quarter of 2010.

· Search revenue ex-TAC was $376 million, a 3 percent decrease compared to $388 million for the fourth quarter of 2010.

· GAAP search revenue was $465 million, a 27 percent decrease compared to $640 million for the fourth quarter of 2010.

*Cash Flow and Cash Balance*

· Cash flow from operating activities for the fourth quarter of 2011 was $431 million, a 7 percent increase compared to $403 million for the same period of 2010.

· Free cash flow was $327 million for the fourth quarter of 2011, a 111 percent increase compared to $155 million for the same period of 2010.

· Cash, cash equivalents, and investments in marketable debt securities were $2,530 million at December 31, 2011 compared to $3,629 million at December 31, 2010, a decrease of $1,099 million. During the fourth quarter of 2011,

Yahoo! repurchased 27 million shares for $416 million. During the year ended December 31, 2011, Yahoo! repurchased 110 million shares for $1,619 million.

*Business Outlook*

Revenue ex-TAC for the first quarter of 2012 is expected to be in the range of $1,025 million to $1,105 million. Based on the terms of the Search Agreement with Microsoft, Microsoft retains a revenue share of 12 percent of the net (after TAC) search revenue generated on Yahoo! Properties and Affiliate sites in transitioned markets. Yahoo! reports the net revenue it receives

under the Search Agreement as revenue and no longer presents the associated TAC within cost of revenue. Accordingly, for transitioned markets Yahoo! reports GAAP revenue associated with the Search Agreement on a net (after TAC) basis rather than a gross basis. For markets that have not yet transitioned, revenue continues to be recorded on a gross basis, and TAC is

recorded in cost of revenue. GAAP revenue for the first quarter of 2012 is expected to be in the range of $1,170 million to $1,260 million. Total expenses (cost of revenue plus total operating expenses) for the first quarter of 2012 is expected to be in the range of $1,065 million to $1,105 million. Total expenses less TAC for the first quarter of 2012 is expected to be in the range of $920 million to $950 million. Income from operations for the first quarter of 2012 is expected to be in the range of $105 million to $155 million. Business outlook for revenue ex-TAC is being provided to reflect the underlying dynamics of the business during the Microsoft transition and to facilitate comparisons to prior periods.

*Conference Call*

Yahoo! will host a conference call to discuss fourth quarter and full year 2011 results at 5 p.m. Eastern Time today. A live Webcast of the conference call, together with supplemental financial information, can be accessed through the Company’s Investor Relations Website at http://investor.yahoo.com/results.cfm. In addition, an archive of the Webcast can be accessed

through the same link. An audio replay of the call will be available for one week following the conference call by calling (888) 286-8010 or (617) 801-6888, reservation number: 89954272.

Note Regarding Non-GAAP Financial MeasuresThis press release and its attachments include the following financial measures defined as non-GAAP This press release and its attachments include the following financial measures defined as non-GAAP financial measures by the

Securities and Exchange Commission (“SEC”): revenue ex-TAC; free cash flow; total expenses less TAC; non-GAAP net income; and non-GAAP net income per diluted share. These measures may be different than non-GAAP financial measures used by other companies. The presentation of this financial information is not intended to be considered in isolation or as a substitute for

the financial information prepared and presented in accordance with generally accepted accounting principles (“GAAP”). Explanations of the Company’s non-GAAP financial measures and reconciliations of these financial measures to the GAAP financial measures the Company considers most comparable are included in the accompanying “Note to Unaudited Condensed

Consolidated Statements of Income,” “Supplemental Financial Data,” “GAAP Net Income to Non-GAAP Net Income

*About Yahoo!*

Yahoo! is the premier digital media company, creating deeply personal digital experiences that keep more than half a billion people connected to what matters most to them, across devices and around the globe. And Yahoo!’s unique combination of Science + Art + Scale connects advertisers to the consumers who build their businesses. Yahoo! is headquartered in Sunnyvale, California. For more information, visit the pressroom ( pressroom.yahoo.net) or the company’s blog, Yodel Anecdotal (yodel.yahoo.com). “Affiliates” refers to the third-party entities that have integrated Yahoo!’s advertising offerings into their Websites or other offerings (those Websites and other offerings, “Affiliate sites”). “RPS Guarantee in the U.S. and Canada” refers to Microsoft’s obligation under the Search Agreement to guarantee Yahoo!’s revenue per search in the U.S. and Canada on Yahoo! Properties following the transition of paid search services to Microsoft’s platform in those markets which was completed in the fourth quarter of 2010.

“Search Agreement” refers to the Search and Advertising Services and Sales Agreement between Yahoo! and Microsoft Corporation, as amended. “TAC” refers to traffic acquisition costs. TAC consists of payments to Affiliates and payments made to companies that direct consumer and business traffic to Yahoo! Properties. “Yahoo! Properties” refers to the online properties and services that Yahoo! provides to users.

This press release and its attachments contain forward-looking statements concerning Yahoo!’s expected financial performance (including, without limitation, statements and information in the Business Outlook and Search Alliance Impact sections and the quotation from management), as well as Yahoo!’s strategic and operational plans. Risks and uncertainties may cause actual

results to differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the impact of management and organizational changes; uncertainties relating to Yahoo!’s comprehensive strategic review; the implementation and results of Yahoo!’s ongoing

strategic and cost initiatives; Yahoo!’s ability to compete with new or existing competitors; reduction in spending by, or loss of, advertising customers; risks related to Yahoo!’s regulatory environment; interruptions or delays in the provision of Yahoo!’s services; security breaches; acceptance by users of new products and services; risks related to joint ventures and the

integration of acquisitions; risks related to Yahoo!’s international operations; failure to manage growth and diversification; adverse results in litigation, including intellectual property infringement claims and derivative and class actions; Yahoo!’s ability to protect its intellectual property and the value of its brands; dependence on key personnel; dependence on third parties for technology, services, content, and distribution; general economic conditions and changes in economic conditions; and transition and implementation risks associated with the Search Agreement with Microsoft Corporation. All information set forth in this press release and its attachments is as of January 24, 2012. Yahoo! does not intend, and undertakes no duty, to update this information to reflect subsequent events or circumstances; however, Yahoo! may update its Business Outlook or any portion thereof at any time in its discretion. More information about potential factors that could affect the Company’s business and financial results is included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial

Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010, as amended, and Quarterly Report on Form 10-Q for the quarter ended September 30, 2011, which are on file with the SEC and available on the SEC’s website at www.sec.gov. Additional information will also be set forth in those sections in Yahoo!’s Annual

Report on Form 10-K for the year ended December 31, 2011, which will be filed with the SEC in the first quarter of 2012.

Yahoo!, Livestand, and the Yahoo! logos are trademarks and/or registered trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners.

Google Announces Fourth Quarter and Fiscal Year 2011 Results

MOUNTAIN VIEW, Calif. – January 19, 2012 – Google Inc. (NASDAQ: GOOG) today announced financial results for the quarter and the fiscal year ended December 31, 2011.

“Google had a really strong quarter ending a great year. Full year revenue was up 29%, and our quarterly revenue blew past the $10 billion mark for the first time,” said Larry Page, CEO of Google. “I am super excited about the growth of Android, Gmail, and Google+, which now has 90 million users globally – well over double what I announced just three months ago. By building a meaningful relationship with our users through Google+ we will create amazing experiences across our services. I’m very excited about what we can do in 2012 – there are tremendous opportunities to help users and grow our business.”

*Q4 Financial Summary*

Google reported revenues of $10.58 billion for the quarter ended December 31, 2011, an increase of 25% compared to the fourth quarter of 2010. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the fourth quarter of 2011, TAC totaled $2.45 billion, or 24% of advertising revenues.

Google reports operating income, operating margin, net income, and earnings per share (EPS) on a GAAP and non-GAAP basis. The non-GAAP measures, as well as free cash flow, an alternative non-GAAP measure of liquidity, are described below and are reconciled to the corresponding GAAP measures at the end of this release.

- GAAP operating income in the fourth quarter of 2011 was $3.51 billion, or 33% of revenues. This compares to GAAP operating income of $2.98 billion, or 35% of revenues, in the fourth quarter of 2010. Non-GAAP operating income in the fourth quarter of 2011 was $4.04 billion, or 38% of revenues. This compares to non-GAAP operating income of $3.38 billion, or 40% of revenues, in the fourth quarter of 2010. – GAAP net income in the fourth quarter of 2011 was $2.71 billion, compared to $2.54 billion in the fourth quarter of 2010. Non-GAAP net income in the fourth quarter of 2011 was $3.13 billion, compared to $2.85 billion in the fourth quarter of 2010. – GAAP EPS in the fourth quarter of 2011 was $8.22 on 329 million diluted shares outstanding, compared to $7.81 in the fourth quarter of 2010 on 326 million diluted shares outstanding. Non-GAAP EPS in the fourth quarter of 2011 was $9.50, compared to $8.75 in the fourth quarter of 2010. – Non-GAAP operating income and non-GAAP operating margin exclude the expenses related to stock-based compensation (SBC). Non-GAAP net income and non-GAAP EPS exclude the expenses related to SBC and the related tax benefits. In the fourth quarter of 2011, the charge related to SBC was $536 million, compared to $396 million in the fourth quarter of 2010. The tax benefit related to SBC was $114 million in the fourth quarter of 2011 and $89 million in the fourth quarter of 2010. Reconciliations of non-GAAP measures to GAAP operating income, operating margin, net income, and EPS are included at the end of this release.

*Q4 Financial Highlights*

*Revenues* – Google reported revenues of $10.58 billion in the fourth quarter of 2011, representing a 25% increase over fourth quarter 2010 revenues of $8.44 billion. Google reports its revenues, consistent with GAAP, on a gross basis without deducting TAC.

*Google Sites Revenues* – Google-owned sites generated revenues of $7.29 billion, or 69% of total revenues, in the fourth quarter of 2011. This represents a 29% increase over fourth quarter 2010 revenues of $5.67 billion.

*Google Network Revenues* – Google’s partner sites generated revenues of $2.88 billion, or 27% of total revenues, in the fourth quarter of 2011. This represents a 15% increase from fourth quarter 2010 network revenues of $2.50 billion.

*International Revenues* – Revenues from outside of the United States totaled $5.60 billion, representing 53% of total revenues in the fourth quarter of 2011, compared to 55% in the third quarter of 2011 and 52% in the fourth quarter of 2010. Excluding gains related to our foreign exchange risk management program, had foreign exchange rates remained constant from the third quarter of 2011 through the fourth quarter of 2011, our revenues in the fourth quarter of 2011 would have been $239 million higher. Excluding gains related to our foreign exchange risk management program, had foreign exchange rates remained constant from the fourth quarter of 2010 through the fourth quarter of 2011, our revenues in the fourth quarter of 2011 would have been $39 million lower.

- Revenues from the United Kingdom totaled $1.06 billion, representing 10% of revenues in the fourth quarter of 2011, compared to 10% in the fourth quarter of 2010. – In the fourth quarter of 2011, we recognized a benefit of $25 million to revenues through our foreign exchange risk management program, compared to $25 million in the fourth quarter of 2010.

A reconciliation of our non-GAAP international revenues excluding the impact of foreign exchange and hedging to GAAP international revenues is included at the end of this release.

*Paid Clicks* – Aggregate paid clicks, which include clicks related to ads served on Google sites and the sites of our Network members, increased approximately 34% over the fourth quarter of 2010 and increased approximately 17% over the third quarter of 2011.

*Cost-Per-Click* – Average cost-per-click, which includes clicks related to ads served on Google sites and the sites of our Network members, decreased approximately 8% over the fourth quarter of 2010 and decreased approximately 8% over the third quarter of 2011.

*TAC* – Traffic acquisition costs, the portion of revenues shared with Google’s partners, increased to $2.45 billion in the fourth quarter of 2011, compared to TAC of $2.07 billion in the fourth quarter of 2010. TAC as a percentage of advertising revenues was 24% in the fourth quarter of 2011, compared to 25% in the fourth quarter of 2010.

The majority of TAC is related to amounts ultimately paid to our Network members, which totaled $2.01 billion in the fourth quarter of 2011. TAC also includes amounts ultimately paid to certain distribution partners and others who direct traffic to our website, which totaled $442 million in the fourth quarter of 2011.

*Other Cost of Revenues* – Other cost of revenues, which is comprised primarily of data center operational expenses, amortization of intangible assets, content acquisition costs as well as credit card processing charges, increased to $1.25 billion, or 12% of revenues, in the fourth quarter of 2011, compared to $877 million, or 10% of revenues, in the fourth quarter of 2010.

*Operating Expenses* – Operating expenses, other than cost of revenues, were $3.38 billion in the fourth quarter of 2011, or 32% of revenues, compared to $2.51 billion in the fourth quarter of 2010, or 30% of revenues.

*Stock-Based Compensation (SBC)* – In the fourth quarter of 2011, the total charge related to SBC was $536 million, compared to $396 million in the fourth quarter of 2010.

We currently estimate SBC charges for grants to employees prior to January 1, 2012 to be approximately $2.0 billion for 2012. This estimate does not include expenses to be recognized related to employee stock awards that are granted after December 31, 2011 or non-employee stock awards that have been or may be granted.

*Operating Income* – GAAP operating income in the fourth quarter of 2011 was $3.51 billion, or 33% of revenues. This compares to GAAP operating income of $2.98 billion, or 35% of revenues, in the fourth quarter of 2010. Non-GAAP operating income in the fourth quarter of 2011 was $4.04 billion, or 38% of revenues. This compares to non-GAAP operating income of $3.38 billion, or 40% of revenues, in the fourth quarter of 2010.

*Interest and Other Income (Expense), Net* – Interest and other income (expense), net was an expense of $18 million in the fourth quarter of 2011, compared to an income of $160 million in the fourth quarter of 2010.

*Income Taxes* – Our effective tax rate was 22% for the fourth quarter of 2011.

*Net Income* – GAAP net income in the fourth quarter of 2011 was $2.71 billion, compared to $2.54 billion in the fourth quarter of 2010. Non-GAAP net income was $3.13 billion in the fourth quarter of 2011, compared to $2.85 billion in the fourth quarter of 2010. GAAP EPS in the fourth quarter of 2011 was $8.22 on 329 million diluted shares outstanding, compared to $7.81 in the fourth quarter of 2010 on 326 million diluted shares outstanding. Non-GAAP EPS in the fourth quarter of 2011 was $9.50, compared to $8.75 in the fourth quarter of 2010.

*Cash Flow and Capital Expenditures* – Net cash provided by operating activities in the fourth quarter of 2011 totaled $3.92 billion, compared to $3.53 billion in the fourth quarter of 2010. In the fourth quarter of 2011, capital expenditures were $951 million, the majority of which was related to IT infrastructure investments, including data centers, servers, and networking equipment. Free cash flow, an alternative non-GAAP measure of liquidity, is defined as net cash provided by operating activities less capital expenditures. In the fourth quarter of 2011, free cash flow was $2.97 billion.

We expect to continue to make significant capital expenditures.

A reconciliation of free cash flow to net cash provided by operating activities, the GAAP measure of liquidity, is included at the end of this release.

*Cash* – As of December 31, 2011, cash, cash equivalents, and short-term marketable securities were $44.6 billion.

*Headcount* – On a worldwide basis, Google employed 32,467 full-time employees as of December 31, 2011, up from 31,353 full-time employees as of September 30, 2011.

*WEBCAST AND CONFERENCE CALL INFORMATION*

A live audio webcast of Google’s fourth quarter and fiscal year 2011 earnings release call will be available at http://investor.google.com/webcast.html. The call begins today at 1:30 PM (PT) / 4:30 PM (ET). This press release, the financial tables, as well as other supplemental information including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, are also available on that site.

*FORWARD-LOOKING STATEMENTS*

This press release contains forward-looking statements that involve risks and uncertainties. These statements include statements regarding our continued investments in our core areas of strategic focus, our expected SBC charges, and our plans to make significant capital expenditures. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, unforeseen changes in our hiring patterns and our need to expend capital to accommodate the growth of the business, as well as those risks and uncertainties included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2010, and our most recent Quarterly Report on Form 10-Q for the quarter ended September 30, 2011, which is on file with the SEC and is available on our investor relations website at investor.google.com and on the SEC website at www.sec.gov. Additional information will also be set forth in our Annual Report on Form 10-K for the year ended December 31, 2011. All information provided in this release and in the attachments is as of January 19, 2012, and we undertake no duty to update this information unless required by law.

*ABOUT NON-GAAP FINANCIAL MEASURES*

To supplement our consolidated financial statements, which statements are prepared and presented in accordance with GAAP, we use the following non-GAAP financial measures: non-GAAP operating income, non-GAAP operating margin, non-GAAP net income, non-GAAP EPS, free cash flow, and non-GAAP international revenues. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the tables captioned “Reconciliations of non-GAAP results of operations measures to the nearest comparable GAAP measures,” “Reconciliation from net cash provided by operating activities to free cash flow,” and “Reconciliation from GAAP international revenues to non-GAAP international revenues” included at the end of this release.

We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures that may not be indicative of our “recurring core business operating results,” meaning our operating performance excluding not only non-cash charges, such as SBC, but also discrete cash charges that are infrequent in nature. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting, and analyzing future periods. These non-GAAP financial measures also facilitate management’s internal comparisons to our historical performance and liquidity as well as comparisons to our competitors’ operating results. We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business.

*Non-GAAP operating income and operating margin.* We define non-GAAP operating income as operating income plus expenses related to SBC, and, as applicable, one-time events. Non-GAAP operating margin is defined as non-GAAP operating income divided by revenues. Google considers these non-GAAP financial measures to be useful metrics for management and investors because they exclude the effect of SBC and as applicable, one-time events so that Google’s management and investors can compare Google’s recurring core business operating results over multiple periods. Because of varying available valuation methodologies, subjective assumptions and the variety of award types that companies can use under FASB ASC Topic 718, Google’s management believes that providing a non-GAAP financial measure that excludes SBC allows investors to make meaningful comparisons between Google’s recurring core business operating results and those of other companies, as well as providing Google’s management with an important tool for financial and operational decision making and for evaluating Google’s own recurring core business operating results over different periods of time. There are a number of limitations related to the use of non-GAAP operating income versus operating income calculated in accordance with GAAP. First, non-GAAP operating income excludes some costs, namely, SBC, that are recurring. SBC has been and will continue to be for the foreseeable future a significant recurring expense in Google’s business. Second, SBC is an important part of our employees’ compensation and impacts their performance. Third, the components of the costs that we exclude in our calculation of non-GAAP operating income may differ from the components that our peer companies exclude when they report their results of operations. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from non-GAAP operating income and evaluating non-GAAP operating income together with operating income calculated in accordance with GAAP.

*Non-GAAP net income and EPS.* We define non-GAAP net income as net income plus expenses related to SBC, and, as applicable, one-time events less the related tax effects. The tax effect of SBC is calculated using the tax-deductible portion of SBC and applying the entity-specific, U.S. federal and blended state tax rates. We define non-GAAP EPS as non-GAAP net income divided by the weighted average outstanding shares, on a fully-diluted basis. We consider these non-GAAP financial measures to be a useful metric for management and investors for the same reasons that Google uses non-GAAP operating income and non-GAAP operating margin. However, in order to provide a complete picture of our recurring core business operating results, we exclude from non-GAAP net income and non-GAAP EPS the tax effects associated with SBC. Without excluding these tax effects, investors would only see the gross effect that excluding these expenses had on our operating results. The same limitations described above regarding Google’s use of non-GAAP operating income and non-GAAP operating margin apply to our use of non-GAAP net income and non-GAAP EPS. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from non-GAAP net income and non-GAAP EPS and evaluating non-GAAP net income and non-GAAP EPS together with net income and EPS calculated in accordance with GAAP.

*Free cash flow*. We define free cash flow as net cash provided by operating activities less capital expenditures. We consider free cash flow to be a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business that, after the acquisition of property and equipment, including information technology infrastructure and land and buildings, can be used for strategic opportunities, including investing in our business, making strategic acquisitions, and strengthening the balance sheet. Analysis of free cash flow also facilitates management’s comparisons of our operating results to competitors’ operating results. A limitation of using free cash flow versus the GAAP measure of net cash provided by operating activities as a means for evaluating Google is that free cash flow does not represent the total increase or decrease in the cash balance from operations for the period because it excludes cash used for capital expenditures during the period. Our management compensates for this limitation by providing information about our capital expenditures on the face of the statement of cash flows and under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Quarterly Report on Form 10-Q and Annual Report on Form 10-K. Google has computed free cash flow using the same consistent method from quarter to quarter and year to year.

*Non-GAAP international revenues*. We define non-GAAP international revenues as international revenues excluding the impact of foreign exchange and hedging. Non-GAAP international revenues are calculated by translating current quarter revenues using prior quarter and prior year exchange rates, as well as excluding any hedging gains realized in the current quarter. We consider non-GAAP international revenues as a useful metric as it facilitates management’s internal comparison to our historical performance.

eBay Inc. Reports Strong Fourth Quarter and Full Year 2011 Results

SAN JOSE, Calif.–(BUSINESS WIRE http://www.businesswire.com/)–eBay Inc., a global commerce platform and payments leader (NASDAQ:EBAY), today reported that revenue for the fourth quarter ended December 31, 2011, increased 35% to $3.4 billion, compared to the same period of 2010. The company reported fourth quarter net income on a GAAP basis of $2.0 billion, or $1.51 per diluted share, and non-GAAP net income of $788.6 million, or $0.60 per diluted share. The year-over-year increase in the fourth quarter GAAP earnings per diluted share was driven primarily by a gain on the sale of the company’s remaining investment in Skype. The year-over-year increase in the fourth quarter non-GAAP earnings per diluted share was driven primarily by strong top-line growth and improved productivity partially offset by a higher tax rate.

“Management’s Discussion and Analysis of Financial Condition and Results of Operations”

For the full year, revenue increased 27% to $11.7 billion, compared to 2010. The company generated net income on a GAAP basis of $3.2 billion, or $2.46 per diluted share, and non-GAAP net income of $2.7 billion, or $2.03 per diluted share.

“We had a strong fourth quarter finish to an excellent year, increasing our confidence in our three-year outlook,” said eBay Inc. President and CEO John Donahoe. “Across eBay, PayPal, GSI and X.commerce, we have a robust portfolio of global commerce platforms and innovative mobile, local and social commerce technology assets. We are well-positioned to compete in the emerging new retail environment, and to help retailers of all sizes grow and engage their customers anytime, anywhere. We are a different eBay today, no longer just an ecommerce leader but a stronger, more diverse global commerce company shaping the future of shopping and payments.”

The company’s PayPal business continued to expand its leadership position in global payments. PayPal ended the quarter with 106.3 million active registered accounts, a 13% increase year over year. On average, PayPal added a million new accounts every month in 2011. PayPal revenue for the quarter increased 28% year over year driven primarily by continued merchant and consumer adoption as well as increased penetration on eBay. In the fourth quarter, revenue from PayPal’s international markets exceeded revenue from the U.S. for the first time, reflecting the company’s strong global footprint and growth in emerging markets. PayPal’s net total payment volume (TPV) grew 24% to $33.4 billion in the fourth quarter of 2011. The company’s mobile payment volume reached $4.0 billion in 2011, more than five times the mobile payment volume in the prior year, as more consumers used their smartphones and tablets to pay online.

The company’s Marketplaces business also delivered strong fourth quarter performance. Marketplaces revenue for the quarter was up 16% year over year, due primarily to increased buying and selling on our platforms and growth from acquisitions. Gross merchandise volume (GMV), excluding vehicles, increased 10% to $16.5 billion with sold items up 11% globally year over year. U.S. GMV, excluding vehicles, increased 10% year over year, reflecting the success of eBay’s tailored shopping experiences, the strong results delivered by eBay’s top-rated sellers and the benefits of site enhancements. International GMV, excluding vehicles, increased 9% year over year, driven primarily by stable growth in Europe and improved performance in Asia. eBay mobile reached a record $5 billion transacted through mobile devices during 2011 as increased adoption of eBay’s mobile apps and product innovation drove deeper customer engagement across all platforms.

The company’s GSI business, which was acquired in the second quarter of 2011, contributed $363.6 million in revenue for the fourth quarter. GSI generated $1.4 billion in global ecommerce (GeC) merchandise sales during the quarter, driven by strong performance by top merchants, where same store sales grew 26% year over year, outpacing ecommerce growth rates in the fourth quarter.

*Other Selected Financial Results*

* *

· Operating margin — GAAP operating margin decreased to 22.3% for the fourth quarter of 2011 compared to 23.7% for the same period last year. Non-GAAP operating margin decreased to 28.7% for the quarter, compared to 29.5% for the same period last year. The decrease in non-GAAP operating margin was due primarily to the impact of acquisitions and business mix. All three business segment margins increased during the fourth quarter of 2011 with Marketplaces, Payments and GSI generating segment margins of 40.6%, 24.7% and 21.4%, respectively, compared to 38.5%, 19.5% and 2.8%, respectively, in the third quarter of 2011.

· Taxes — The GAAP effective tax rate for the fourth quarter of 2011 was 19%, compared to 5% for the fourth quarter of 2010. For the fourth quarter of 2011, the non-GAAP effective tax rate was 20% compared to 8% for the fourth quarter of 2010. The increase in the effective tax rate was due primarily to the settlement of uncertain tax positions in the fourth quarter of 2010.

· Cash flow — The company generated $982 million of operating cash flow and $691 million of free cash flow during the fourth quarter.

· Stock repurchase program — The company repurchased approximately $250 million of its common stock in the fourth quarter.

· Cash and cash equivalents and non-equity investments — The company’s cash and cash equivalents and non-equity investments portfolio totaled $7.5 billion at December 31, 2011, compared to $7.8 billion at December 31, 2010.

*Business Outlook*

· First quarter 2012 — eBay expects net revenues in the range of $3,050 – $3,150 million with GAAP earnings per diluted share in the range of $0.37 – $0.38 and non-GAAP earnings per diluted share in the range of $0.50 – $0.51.

· Full year 2012 — eBay expects net revenues in the range of $13,700 – $14,000 million with GAAP earnings per diluted share in the range of $1.76 – $1.81 and non-GAAP earnings per diluted share in the range of $2.25 – $2.30.

*Quarterly Conference Call*

eBay will host a conference call to discuss fourth quarter and full year 2011 results at 2:00 p.m. Pacific Time today. A live webcast of the conference call, together with a slide presentation that includes supplemental financial information and reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, can be accessed through the company’s Investor Relations website at http://investor.ebayinc.com. In addition, an archive of the webcast will be accessible for 90 days through the same link.

*About eBay Inc.*

Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) is a global commerce platform and payments leader. We do so through eBay, the world’s largest online marketplace, which allows users to buy and sell in nearly every country on earth; through PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments; and through GSI, which facilitates ecommerce, multichannel retailing and digital marketing for global enterprises. X.commerce brings together the technology assets and developer communities of eBay, PayPal and Magento, an ecommerce platform, to support eBay Inc.’s mission of enabling commerce. We also reach millions through specialized marketplaces such as StubHub, the world’s largest ticket marketplace, and eBay classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

*Non-GAAP Financial Measures*

This press release includes the following financial measures defined as “non-GAAP financial measures” by the Securities and Exchange Commission, or SEC: non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating margin, non-GAAP effective tax rate and free cash flow. These measures may be different from non-GAAP financial measures used by other companies. The presentation of this financial information, which is not prepared under any comprehensive set of accounting rules or principles, is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with generally accepted accounting principles. For a reconciliation of these non-GAAP financial measures to the nearest comparable GAAP measures, see “Business Outlook,” “Non-GAAP Measures of Financial Performance,” “Reconciliation of GAAP Operating Margin to Non-GAAP Operating Margin,” “Reconciliation of GAAP Net Income to Non-GAAP Net Income,” “Reconciliation of GAAP Effective Tax Rate to Non-GAAP Effective Tax Rate” and “Reconciliation of Operating Cash Flow to Free Cash Flow” included in this press release.

*Forward-Looking Statements*

This press release contains forward-looking statements relating to, among other things, the future performance of eBay and its consolidated subsidiaries that are based on the company’s current expectations, forecasts and assumptions and involve risks and uncertainties. These statements include, but are not limited to, statements regarding expected financial results for the first quarter and full year 2012, the company’s three-year outlook and the future growth in the Payments, Marketplaces and GSI businesses. The company’s actual results could differ materially from those predicted or implied and reported results should not be considered as an indication of future performance. Factors that could cause or contribute to such differences include, but are not limited to: changes in political, business and economic conditions, including any European economic downturn or crisis and any conditions that affect ecommerce growth; fluctuations in foreign currency exchange rates; the company’s ability to profitably integrate, manage and grow businesses that have been acquired recently or may be acquired in the future, including GSI; the company’s need to increasingly achieve growth from its existing users, particularly in its more established markets; the company’s ability to deal with the increasingly competitive ecommerce environment, including competition for its sellers from other trading sites and other means of selling, and competition for its buyers from other merchants, online and offline; the company’s need to manage an increasingly large enterprise with a broad range of businesses of varying degrees of maturity and in many different geographies; the effect of management changes and business initiatives; the company’s need and ability to manage other regulatory, tax and litigation risks as its services are offered in more jurisdictions and applicable laws become more restrictive; any changes the company may make to its product offerings; the competitive, regulatory, credit card association-related and other risks specific to PayPal and Bill Me Later, especially as PayPal continues to expand geographically and grow its open platform initiative and as new laws and regulations related to financial services companies come into effect; the company’s ability to timely upgrade and develop its systems, infrastructure and customer service capabilities, including GSI’s v.11 initiative, at reasonable cost; and the company’s ability to maintain site stability and performance on all of its sites while adding new products and features in a timely fashion. The forward-looking statements in this release do not include the potential impact of any acquisitions or divestitures that may be announced and/or completed after the date hereof.

More information about factors that could affect the company’s operating results is included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the company’s most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, copies of which may be obtained by visiting the company’s Investor Relations website at http://investor.ebayinc.comor the SEC’s website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to the company on the date hereof. eBay assumes no obligation to update such statements.

Shannon Cullins brings consumer product review experience to help drive innovation and differentiation in marketplace

CHICAGO, Jan. 24, 2012 /PRNewswire/ — HomeFinder . http://www.homefinder.com/com http://www.homefinder.com/, one of the fastest growing real estate Web sites, announced that Shannon Cullins has joined the management team as the Vice President of Product Management. Cullins brings more than 10+ years of experience in digital, business strategy, account management and client service to the role.

Cullins will spearhead the go-to-market strategy for HomeFinder.com’s new generation of innovative products providing unique online listing enhancement solutions for real estate professionals. With a focus on growing our Web and mobile footprint, Cullins and her team will play a critical role in expanding the product portfolio into new marketplaces, while continuing a principal commitment to customer service.

“Shannon’s reputation as a driven and strategic product leader makes her an excellent fit for our culture at HomeFinder.com,” says CEO Doug Breaker. “Her breadth of experience from client service to product to e-commerce provides a fresh perspective on how we can improve upon and expand the products that we offer home buyers, home sellers, agents and brokers.”

At her most recent role as Vice President of Product Management at Viewpoints.com, Cullins established the product management discipline at the company; led development of the company’s first API and content widget for third party content distribution; directly impacted key performance drivers (PPV, RPMs); and helped lead a major site re-design to improve consumer usability and performance.

Upon joining the HomeFinder.com team Cullins said, “I’m excited to help HomeFinder.com expand their already successful product suite, while promoting its continued growth in this challenging real estate market.” Further, Cullins is planning an aggressive product roadmap that, “provides agents and sellers the tools they need to be successful, and gives buyers the resources to help them find and have confidence in buying a home. Our goal is to be the go-to destination and resource for home buyers.”

Cullins has a Bachelor of Science in Psychology from Kenyon College in Gambier, Ohio and lives in Chicago with her husband and son.

*About HomeFinder.com *HomeFinder.com is one of the fastest growing real estate Web sites in the U.S. attracting more than 3M monthly home shoppers with more than 3M property listings. HomeFinder.com provides simple and effective online advertising solutions such as Single Property Websites and enhanced listings to 20,000 agents, brokers and builders. HomeFinder.com has the combined strength and resources of a nationally branded site and a Network of 350 real estate sites across America, including the chicagotribune.com, azcentral.com and miamiherald.com. HomeFinder.com is owned jointly by three leading media companies, Gannett Co. Inc. (NYSE: GCI), The McClatchy Co. (NYSE: MNI) and Tribune Co., and is an affiliated company of Classified Ventures, LLC, which owns and operates three leading online businesses: Apartments.com, Cars.com and HomeGain.

US.jobs Connects Job Seekers to 90,000 Employers

DirectEmployers Association and The National Association of State Workforce Agencies partner to launch a new National Labor Exchange website using the intuitive .jobs Internet domain.

Indianapolis, IN, January 18, 2012 — DirectEmployers Association in partnership with The National Association of State Workforce Agencies (NASWA) today announced the transition of the National Labor Exchange from www.JobCentral.com http://www.jobcentral.com/ to the appropriately named www.US.jobs http://us.jobs/. The National Labor Exchange gives job seekers direct access to hundreds of thousands of jobs from companies like Hilton Worldwide, IBM, ConocoPhilips, Newell Rubbermaid, AT&T and over 90,000 other large and small organizations.

All listings on the National Labor Exchange site connect job seekers directly to the employer listing the job. New employment opportunities are added daily with special emphasis placed on veterans, people with disabilities, diversity, and green jobs. Only jobs from legitimate employers can be listed on the National Labor Exchange, therefore, fake job listings or non-employment business opportunities are not allowed on US.jobs.

“State workforce agencies are a critical component in today’s economy because they represent jobs from thousands of small companies that are not found anywhere else on the Internet,” states Chad Sowash, Vice President of DirectEmployers Association.

The move to www.US.jobs http://us.jobs/ is a natural fit in more ways than one. First, it is short, memorable, and describes exactly what the site is, a national database of jobs. Second, the .JOBS extension works much like .EDU or .GOV, a restricted zone where not just anyone can set up shop thus adding to the trust factor that embodies the National Labor Exchange. With nearly every state now participating, the timing for this transition is perfect.

“Since October 2001, DirectEmployers Association has been committed to making the connection between employers and job seekers more efficient, quicker and easier, and US.jobs is the next big step,” stated Rodney Moses, VP of Global Recruitment, Hilton Worldwide and DirectEmployers Board President.

According to Moses, “US.jobs http://us.jobs/ is the pilot for an international roll-out. Understanding how the platform performs and interlinks with states will help us in our future expansion on a global scale. DirectEmployers Association members represent many global organizations and it is important to take our successes from US.jobs and share them across the international workplace.”

*About DirectEmployers Association*

DirectEmployers Association is a nonprofit HR consortium of leading global employers formed to improve labor market efficiency through the sharing of best practices, research and the development of technology. National Labor Exchange and US.jobs are just two of the many programs designed to help the best employers in the world reach the largest, most diverse pool of quality job seekers worldwide. For more information, visit www.directemployers.org.

*About The National Association of State Workforce Agencies (NASWA)*

The National Association of State Workforce Agencies (NASWA) is an organization of state administrators of unemployment insurance laws, employment services, training programs, employment statistics and labor market information and other programs and services provided through the publicly-funded state workforce system. For more information, visit www.naswa.org http://www.naswa.org%22/.

DirectEmployers Association and The National Association of State Workforce Agencies partner to launch a new National Labor Exchange website using the intuitive .jobs Internet domain.INDIANAPOLIS, Jan. 18, 2012 /PRNewswire-USNewswire/ — DirectEmployers Association in partnership with The National Association of State Workforce Agencies (NASWA) today announced the transition of the National Labor Exchange from www.JobCentral.com to the appropriately named www.US.jobs. The National Labor Exchange gives job seekers direct access to hundreds of thousands of jobs from companies like Hilton Worldwide, IBM, ConocoPhilips, Newell Rubbermaid, AT&T and over 90,000 other large and small organizations.

(Logo: http://photos.prnewswire.com/prnh/20110305/HS59950LOGO)

All listings on the National Labor Exchange site connect job seekers directly to the employer listing the job. New employment opportunities are added daily with special emphasis placed on veterans, people with disabilities, diversity, and green jobs. Only jobs from legitimate employers can be listed on the National Labor Exchange, therefore, fake job listings or non-employment business opportunities are not allowed on US.jobs.

“State workforce agencies are a critical component in today’s economy because they represent jobs from thousands of small companies that are not found anywhere else on the Internet,” states Chad Sowash Vice President of DirectEmployers Association.

The move to www.US.jobs is a natural fit in more ways than one. First, it is short, memorable, and describes exactly what the site is, a national database of jobs. Second, the .JOBS extension works much like .EDU or .GOV, a restricted zone where not just anyone can set up shop thus adding to the trust factor that embodies the National Labor Exchange. With nearly every state now participating, the timing for this transition is perfect.

“Since October 2001, DirectEmployers Association has been committed to making the connection between employers and job seekers more efficient, quicker and easier, and US.jobs is the next big step,” stated Rodney Moses, VP of Global Recruitment, Hilton Worldwide and DirectEmployers Board President.

According to Moses, “US.jobs is the pilot for an international roll-out. Understanding how the platform performs and interlinks with states will help us in our future expansion on a global scale. DirectEmployers Association members represent many global organizations and it is important to take our successes from US.jobs and share them across the international workplace.”

About DirectEmployers Association

DirectEmployers Association is a nonprofit HR consortium of leading global employers formed to improve labor market efficiency through the sharing of best practices, research and the development of technology. National Labor Exchange and US.jobs are just two of the many programs designed to help the best employers in the world reach the largest, most diverse pool of quality job seekers worldwide. For more information, visit http://directemployers.org.

About The National Association of State Workforce Agencies (NASWA)

The National Association of State Workforce Agencies (NASWA) is an organization of state administrators of unemployment insurance laws, employment services, training programs, employment statistics and labor market information and other programs and services provided through the publicly-funded state workforce system.

SOURCE DirectEmployers Association

Photo:http://photos.prnewswire.com/prnh/20110305/HS59950LOGO http://photoarchive.ap.org/ DirectEmployers Association

Web Site: http://www.directemployers.org

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Seamless Apartment Search Experience is Now Available to Android Users

CHICAGO, Jan. 20, 2012 /PRNewswire/ — Online rental resource leader, Apartments.com, is answering the apartment search needs of Android(TM)-powered phone users nationwide by announcing the launch of its application in Android Market(TM). Android continues to be one of the most preferred platforms in the U.S. with 47 percent of all smartphone users owning an Android-powered phone, according to comScore’s November 2011 U.S. Mobile Subscriber Market Share report. To appeal to the apartment search needs of this rapidly growing audience of smartphone users, Apartments.com is giving Android enthusiasts more ways to find a place to live. By creating instant access to thousands of apartment listings–representing millions of apartments–Android phone owners can now conduct location-based searches in a visually-enhanced media format including walk-though videos, photos, floor plans and GPS directly from the palm of their hand.

“We want to give apartment hunters a variety of search options,” said Chris Brown, VP of product management at Apartments.com. “With mobile devices predicted to overtake PCs for accessing online information in the next year or two, we added the Android app to our mobile product suite to give renters more choices to choose from when conducting their apartment search. Unlike other apartment apps on the market, we designed our app specifically for Android to ensure we deliver the best user experience.”

The Apartments.com Android application key features include: