Goodwill(R) and Monster.com Host Virtual Career Fair

Goodwill® and Monster.com Host Virtual Career Fair

May 7, 2012 * *

*Inaugural Online Event Connects Employers with Robust Candidate Pool*

*ROCKVILLE, MD* — Goodwill Industries International, the nation’s leading nonprofit provider of job placement and training programs for people with disabilities, those who lack education or job experience, and others who face challenges to finding employment, will launch its inaugural virtual career fair from May 7 – 10. Sponsored by Cintas and hosted by Monster.com, the virtual career fair will supplement Goodwill’s community-based career fairs, allowing employers around the United States and Canada to refine their recruiting strategies, expand their candidate pools, and reach individuals who may not be able to attend an in-person fair.

Goodwill’s 165 member agencies in the United States and Canada create a variety of opportunities that help people gain and maintain valuable employment. Goodwill also connects employers to its vast pool of talented, trained workers. Many local Goodwill agencies host career fairs in their communities — both intimate hiring events to introduce employers to new graduates of Goodwill training programs, and large public career fairs designed to create maximum access to successful employment outcomes for job seekers and employers alike. These career fairs are open to people of all backgrounds, such as veterans returning to civilian life, single mothers, seniors who need to learn new skills, and people with criminal backgrounds, among others.

“Goodwill has been connecting people to employment opportunities for 110 years,” said Jim Gibbons, president and CEO of Goodwill Industries International. “The virtual career fair extends this mission into a new arena by offering employers a new way to connect with our pool of trained workers, and giving the people we serve new opportunities to become economically self-sufficient through the power of hard work.”

The virtual career fair will take place in conjunction with Goodwill Industries Week. Since 1951, Goodwill agencies across the United States and Canada have reserved the first full week of May to celebrate the organization’s mission of enhancing the dignity and quality of life of individuals, families and communities by eliminating challenges to finding work, as well as helping people access employment training opportunities and community-based services, such as financial education, transportation and youth mentoring. This year, from May 6 ­–12, Goodwill Industries Week will include a variety of events in communities across the United States and Canada, including more than 100 local career fairs at 36 Goodwill agencies and the inaugural virtual career fair.

For registration or to learn more, visit: http://goodwillvirtualcareerfair.imastelabs.com.

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iProperty Group To Acquire Leading Property Portal in Macau

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*iProperty Group to Acquire Leading Property Portal in Macau, *

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Monday May 7th 2012 *–* iProperty Group Ltd, owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), today announced that it had agreed to acquire vproperty.com, the clear leader in the Macau. The acquisition extends the reach of the Group in the region with the Macau based portal being managed by the iProperty Group’s gohome.com.hk business. ****

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vproperty.com is the clear leader in Macau and currently generates revenue from local real estate agencies and property developers. The portal currently receives 50,000 consumer visits per month, generating 500,000 page impressions and has 60 registered agents as paying subscribers.****

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With a population of 500,000 Macau attracted 28,000,000 visitors in 2011, 65% of whom are from mainland China. Macau is experiencing extraordinary economic growth with GDP increasing by 21% in 2011 powered by the gaming and entertainment industry and lies at the heart of the Pearl River Delta area.****

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iProperty Group has agreed to acquire vproperty.com for USD300 thousand in cash upon completion of the acquisition. This acquisition will be paid for using existing cash reserves.****

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Shaun Di Gregorio, CEO of the iProperty Group said, “Following our success in making gohome.com.hk the leading property portal in Hong Kong, we see the Macau based vproperty.com as a natural extension in the region. This provides us with clear market leadership in both Hong Kong and Macau allowing us to offer advertisers a more compelling proposition and providing us improved access to property investors from mainland China. It’s the world’s most dynamic region and the acquisition of vproperty.comprovides us with an expanded footprint and presence” ****

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“vproperty.com will continue to maintain its local presence in Macau and work with local real estate agencies and property developers providing them online advertising solutions but will now benefit from the management and direction that will be provided by our Hong King based team operating gohome.com.hk. vproperty.com already has key customer including Jones Lang LaSelle, Century 21, Centaline, Ricacorp, Engel and Volkers and Savills and we look forward to growing the business in combination with gohome.com.hkand the iProperty Group network across Asia” Di Gregorio commented. ****

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*About the iProperty Group (**www.iproperty-group.com)*****

Listed on the Australian Securities Exchange, The iProperty Group (ASX: IPP) owns Asia’s leading network of property websites under the iProperty.com umbrella brand. The company, headquartered in Kuala Lumpur, Malaysia, is focused on developing and operating leading internet-based real estate portals with other complementary offerings in Asian markets. It currently operates consumer and business online property portals in the markets of Singapore, Malaysia, Hong Kong and Indonesia, with investments in India and the Philippines. With further expansion planned, The iProperty Group is continuously working to capitalise on its market-leading positions and the rapidly growing online property advertising market throughout the region.****

The iProperty Group Network of websites:****

• Malaysia: iProperty.com Malaysia http://www.iproperty.com.my/****

• Singapore: iProperty.com Singapore http://www.iproperty.com.sg/****

• Hong Kong: GoHome.com.hk http://www.gohome.com.hk/ and House18.com ****

• Indonesia: rumah123.comand rumahdanproperti.com****

• India: iProperty.com India http://www.india.iproperty.com/****

• Philippines: iProperty.com Philippines http://ph.iproperty.com/****

• Events: iProperty.com EXPO ****

• Luxury: iLuxuryasia.com http://www.iluxuryasia.com/

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Cars.com Introduces All-New Online Advertising Package Features for Franchise Dealers, Site Enhancements for New-Car Consumers

* * * **Cars.com Introduces All-New Online Advertising Package Features for Franchise Dealers, Site Enhancements for New-Car Consumers*

CHICAGO – Cars.com, the premier online resource for buying and selling new and used vehicles, announced today that it has introduced BaseDrive™, an evolution of its online advertising package helping franchise dealers better promote their brand, reputation and new-car inventory on Cars.com. The introduction coincides with the first wave of planned site enhancements designed to better align the new-car shopping experience on Cars.com with the needs of today’s consumers. ****

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“New-car sales are back, and more shoppers than ever are taking to the internet to make the best choices, not only about what car to buy, but where to buy it,” said Mitch Golub, president, Cars.com. “BaseDrive introduces new-car features to our online advertising package that help franchise dealers promote the value of their dealership, not just their inventory, and it’s all designed to drive more new-car business with Cars.com’s audience of in-market car shoppers.” ****

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BaseDrive enhances franchise dealers’ existing online advertising package with increased brand exposure, automated merchandising features and comprehensive reporting specifically customized for a dealer’s new-car sales process. Ad packages for franchise dealers in most markets have been automatically upgraded to BaseDrive.****

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*Optimized Brand Exposure*

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“Dealers work hard to provide a great experience to their customers and differentiate themselves in their markets,” said David Gilmartin, director, New-Car Strategy. “BaseDrive brings all that hard work to life on Cars.com by integrating a dealership’s story and reputation throughout a consumer’s new-car search process.” ****

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On the new Dealer Profile Page, dealers showcase their unique value through a personalized narrative, a promotional tagline, dealership photos and videos, multiple contact options, sales and service hours and prominently featured Dealer Reviews. ****

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Shoppers can also group search results by dealer and sort by Dealer Reviews, making it easier to assess vehicle availability at the dealership level and helping them make a more confident and informed decision about where to buy. These pages now feature more dealer-level information, such as Dealer Review ratings and a promotional tagline, better showcasing a dealership’s brand. ****

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*Optimized New-Car Merchandising*

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Cars.com will now automatically include one color-matched stock photo on search result and vehicle details pages of every new-car listing when dealer-supplied photos are unavailable, offering a better consumer experience in addition to providing an automated, impactful vehicle merchandising solution for the dealer. ****

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“When it comes to inventory merchandising, our research has shown that photos are one of the top items shoppers want to see, yet it can be time-consuming for dealers to take photos of every new vehicle on their lot,” said Gilmartin. “BaseDrive makes including photos a turnkey part of the merchandising process.”****

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*Optimized Way of Gauging Exposure and Engagement*

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“We’ve seen dynamic changes in the way consumers shop for new vehicles online, and one of our top priorities in launching BaseDrive is to give dealers better insight into that activity than ever before,” said Gilmartin. “BaseDrive Market Intelligence Reports convey how a dealership’s performance with new-car shoppers stacks up against that of its competitors, as well as key market trends and predictive data that help dealers make better decisions for their business.” ****

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BaseDrive’s Market Intelligence Reports track a dealer’s share of total consumer exposure and engagement in their market, showing how often shoppers see information about their dealership, as well as the level of consumer interaction they capture on Cars.com in relation to the rest of their market. The reports also show how the dealership’s inventory turn rate on Cars.com stacks up against its competitors, helping them gauge the pace of their sales compared to the market average. ****

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Finally, Cars.com has partnered with Dataium, the largest aggregator of internet automotive shopping activity, to provide key new-car market trends in the BaseDrive Market Intelligence Report, including predicted consumer demand and trend forecasts for selected makes and models, all provided at the national and regional levels. The first report, based on data collected in May, will be available in June. ****

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More information about BaseDrive’s new features, including an introductory video, can be found at dealers.cars.com/kickit.****

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*ABOUT CARS.COM*

Founded in 1998, Cars.com is an award-winning online destination for car shoppers that offers information from consumers and experts to help buyers formulate opinions on what to buy, where to buy and how much to pay for a car. Cars.com http://www.cars.com is a division of Classified Ventures LLC, http://www.classifiedventures.com which is owned by leading media companies, including A.H. Belo (NYSE: AHC), Gannett Co., Inc. (NYSE: GCI), The McClatchy Company (NYSE: MNI), Tribune Company and The Washington Post Company (NYSE: WPO).

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Latest version of Hipcricket’s AD SERVE empowers agencies and brands to support all mobile adve rtising needs with analytics capabilities and enhanced, dynamic ad targeting

*Latest version of Hipcricket’s AD SERVE empowers agencies and brands to support all mobile advertising needs **with analytics capabilities and enhanced, dynamic ad targeting*

May 3rd 2012. Hipcricket http://www.hipcricket.com/, the one-stop mobile marketing and advertising subsidiary of Augme Technologies,has unveiled the newest version of AD SERVE, Hipcricket’s patented mobile ad server. Now fully integrated with the AD LIFE platform, AD SERVE is a self-service tool that empowers marketers to create, manage and optimize their mobile advertising campaigns throughout the customer engagement lifecycle-both pre-and post-click-across all mobile media, including mobile ads, SMS, QR codes, mobile sites, and applications.With the integration of patent-protected ad serving and enhanced analytics into AD LIFE, Hipcricket is now the only company to deliver the full lifecycle solution within a single platform.

AD LIFE aggregates analytics for advertising, mobile web, SMS, and 2D barcodes (such as QR codes) into a single dashboard.

Traditionally, marketers have found it necessary to ‘toggle’ between a number of multiple reporting tools in order to measure the overall success of their campaigns.

Hipcricket enables powerful multi-channel analytics, and clients can easily use powerful APIs to incorporate additional enterprise data from leading ERP systems.

“With AD SERVE, for the first time, marketers can manage their entire mobile campaigns-from creation to beyond the click or install -from a single platform,” said Hipcricket COO Eric Harber.

“Now, the AD LIFE platform is further pushing the mobile marketing and advertising envelope by measuring mobile customer engagement, not just click-throughs, downloads or other discrete activities.

This longitudinal view is critical for our clients to fully extend their customer relationship management from the back office onto their customers’ mobile devices.”

Additional key features and benefits of the self-service AD SERVE platform include:-

*Powerful targeting capabilities*: – AD SERVE offers mobile-specific options for precise targeting of rich media that go above-and-beyond traditional mechanisms.

The platform creates full, custom mobile advertising plans for clients based on the specific requirements entered for each campaign.

Targeting based on device type and ambient conditions (including local weather) is now available in AD SERVE, and is protected by USPTO patents 6,594,691, 7,269,636, and 7,958,081.

Integration made simple: =-with distinct tools available to both advertisers and publishers, ad management set up can be done with just a few clicks.

Fully integrated into the AD LIFE platform, AD SERVE is also positioned to easily integrate into industry-leading enterprise marketing applications.

Unique features have been implemented that allow clients to maintain all of the data that is collected from disparate sources associated with ad campaigns within a single interface.

This reduces significant numbers of man-hours that have traditionally been invested in day-to-day operations, empowering clients to focus on achieving core campaign objectives, as opposed to laboring over spreadsheet manipulations.

Patented ad rendering capabilities: AD SERVE is built on Hipcricket’s patented technologies, ensuring that mobile ads are rendered, targeted, and distributed correctly across all mobile devices and platforms. Universally compatible and targeted advertising delivery technology is protected by patents 6,594,691, 7,269,636, 7,783,721, 7,831,690, 7,958,081, 8,069,168, 8,069,169 plus patents pending in the U.S. and internationally.

AD SERVE is now in use by many of Hipcricket’s clients, including multiple Fortune(r) 500 companies. The AD LIFE platform has been used to power more than 175,000 mobile marketing campaigns for leading brands, agencies, media properties and pharmaceutical clients-campaigns that engage customers, drive loyalty and increase sales.

About Hipcricket Hipcricket, a wholly-owned subsidiary of Augme Technologies, Inc. (OTC.BB: AUGT), is the one-stop mobile marketing and advertising company that empowers brands, agencies and media properties to engage customers, drive loyalty and increase sales. Hipcricket’s customers connect with consumers across every mobile channel, including SMS, 2D/QR codes, mobile websites, advertising networks, social media and branded apps. Hipcricket’s proven technology, strategic and marketing services and experienced account management teams have provided measurable success to a broad range of national and regional brand-name leaders (e.g., Macy’s, MillerCoors, Nestle, Clear Channel) across an industry-leading 175,000 campaigns. The company has also created the first comprehensive mobile ad network that taps into the buying power of the mass market with industry-leading capabilities to target customers via location and highly-specific demographic information across SMS, display, rich media and video.

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Scripps Networks Interactive reports first quarter financial results

*Scripps Networks Interactive reports first quarter financial results*

- *Revenues of $535 million, up 11 percent * – * Segment profit of $239 million, up 5.3 percent * – * Net income attributable to SNI per fully diluted share of $0.73, up 24 percent *

KNOXVILLE, Tenn.–(BUSINESS WIRE)–May. 3, 2012– Scripps Networks Interactive Inc. (NYSE: SNI) today reported operating results for the first quarter 2012.

Consolidated revenues for the quarter increased to $535 million, up 11 percent from the prior-year period. Results for the three-month period ended March 31 reflect advertising revenue of $356 million, up 10 percent, and affiliate fee revenue of $168 million, up 16 percent year-over-year.

Consolidated expenses for the quarter increased 17 percent from the prior-year period to $296 million. The increase was driven primarily by higher programming expenses, and international and start-up costs for a number of planned growth initiatives.

Total segment profit increased 5.3 percent to $239 million. (See note 2 for a definition of segment profit).

Equity earnings in affiliates, which now includes the company’s share of earnings from the UKTV partnership, grew 44 percent to $13.9 million.

First quarter net income attributable to Scripps Networks Interactive was $115 million, or $0.73 per diluted share, compared with $101 million, or $0.59 per diluted share, in the first quarter 2011.

During the first quarter 2012, the company repurchased 5.5 million shares of its common stock for $250 million and has $250 million remaining under the current repurchase authorization. Under the current program, the company has repurchased 16.8 million shares of common stock for $750 million at an average price of $44.76.

“The tremendous popularity of our lifestyle television networks, and the strong relationships we’ve forged with media consumers, advertisers and content distributors, drove our excellent first-quarter operating results,” said Kenneth W. Lowe, chairman, president and chief executive officer for Scripps Networks Interactive. “The competitive advantage we’ve established for ourselves in the home, food and travel content categories underpins the company’s continued growth and the value we’re creating for our shareholders.”

Revenues by network are as follows:

- Food Network was $199 million, up 14 percent. – HGTV was $186 million, up 8.4 percent. – Travel Channel was $66.6 million, up 7.4 percent. – DIY Network was $27.6 million, up 18 percent. – Cooking Channel was $19.8 million, up 30 percent. – Great American Country (GAC) was $5.0 million, down 23 percent.

Revenue from the company’s digital businesses, which includes its network-branded websites, was $22.4 million, up 16 percent.

*Conference call*

The senior management team of Scripps Networks Interactive will discuss the company’s first quarter results during a telephone conference call at 10 a.m. ET today. Scripps Networks Interactive will offer a live webcast of the conference call. To access the webcast, visit www.scrippsnetworksinteractive.comand follow the Investor Relations link at the top of the page. The webcast link can be found next to the microphone icon.

To access the conference call by telephone, dial 800-288-8968 (U.S.) or 612-332-0335 (international) approximately ten minutes before the start of the call. Callers will need the name of the call, “SNI First Quarter Earnings Call,” to be granted access. Callers also will be asked to provide their name and company affiliation. The media and general public are granted access to the conference call on a listen-only basis.

A replay line will be open from 12:30 p.m. ET May 3 until 11:59 p.m. ETMay 17. The domestic number to access the replay is 800-475-6701 and the international number is 320-365-3844. The access code for both numbers is 245397. A replay of the conference call also will be available online. To access the audio replay, visit www.scrippsnetworksinteractive.comapproximately four hours after the call, choose Investor Relations and follow the Audio Archives link on the left side of the page.

*Forward-looking statements*

*This press release contains certain forward-looking statements related to the company’s businesses that are based on management’s current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements.**All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. The company’s written policy on forward-looking statements can be found on page F-3 of its 2011 Form 10-K filed with the Securities and Exchange Commission.*

*The company undertakes no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date the statement is made.*

*About Scripps Networks Interactive*

Scripps Networks Interactive is one of the leading developers of lifestyle-oriented content for television and the Internet, where on-air programming is complemented with online video, social media areas and e-commerce components on companion websites and broadband vertical channels. The company’s media portfolio includes popular lifestyle television and Internet brands HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and country music network Great American Country.

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Etsy News – No Longer Pay for Quantity Upfront

*Etsy News – No Longer Pay for Quantity Upfront*

Published on May 03, 2012 in Product Announcements,Etsy News Blog

Today we’re excited to announce a highly-requestedchange to fees for listings with a quantity greater than one. This change will roll out the week of May 21, 2012. Sellers will only be charged $0.20 USD to list or renew an item, regardless of quantity. Fees for additional quantities will only apply when an item sells. It works like an auto-renew feature — when your item sells and you still have quantity left, your listing automatically renews for $0.20 USD. If your listing sells out, the total fees are effectively the same. If your listing doesn’t sell out within four months, your fees will be lower because you won’t pay for unsold quantities.

Currently when sellers list their items on Etsy, they pay $0.20 USD per quantity up front when the listing is published. (For example: I have six handmade mugs. If I list with a quantity of six, then my listing costs $1.20 USD right away.) Many sellers instead choose to list a quantity of one to avoid fees for unsold items, and to reduce the cost of renewing. This can confuse shoppers (maybe they want to buy six as part of a wedding registry but only one is listed!), and sellers are stuck manually watching and renewing sold-out listings. With the new system, sellers can add as many items as they have in stock or are able to make, and shoppers can check out easily and add their desired quantity to the order. We hope this will be a time-saver for sellers: you’ll have to renew your items less often!

Our Fees Policy http://www.etsy.com/help/article/2144 is being updated to reflect these changes, *which go into effect the week of May 21, 2012*. When the new fee structure is live for your shop, we’ll notify you in the shop management area of the site. Be sure to check out our lovingly-illustrated FAQs for details http://www.etsy.com/help/article/2552 about how the new structure works!

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LinkedIn Announces First Quarter 2012 Financial Results

*LinkedIn Announces First Quarter 2012 Financial Results * ** ** *Mountain View, Calif. — May 3, 2012 — *LinkedInCorporation (NYSE: LNKD), the world’s largest professional network on the Internet with 161 million members, reported its financial results for the first quarter ended March 31, 2012:

- Revenue for the first quarter was $188.5 million, an increase of 101% compared to $93.9 million in the first quarter of 2011.

– Net income for the first quarter was $5.0 million, compared to net income of $2.1 million for the first quarter 2011. Non-GAAP net income for the first quarter was $16.9 million, compared to $5.8 million for the first quarter of 2011. Non-GAAP measures exclude tax-affected stock-based compensation expense and tax-affected amortization of acquired intangible assets.

– Adjusted EBITDA for the first quarter was $38.1 million, or 20% of revenue, compared to $13.3 million for the first quarter of 2011, or 14% of revenue.

– GAAP EPS for the first quarter was $0.04; Non-GAAP EPS for the first quarter was $0.15.

“LinkedIn’s solid performance in the first quarter built on the company’s momentum in 2011,” said Jeff Weiner, CEO of LinkedIn. “We saw strength across all key metrics from member signups and engagement to significant revenue growth across our three product lines.”

*First Quarter Financial Details and Operating Summary* LinkedIn reported revenue of $188.5 million for the first quarter ended March 31, 2012, an increase of 101% compared to the first quarter of 2011, and the 7th straight quarter of greater than 100% year-over-year growth.

- *Hiring Solutions:* Revenue from Hiring Solutions products totaled $102.6 million, an increase of 121% compared to the first quarter of 2011. Hiring Solutions revenue represented 54% of total revenue in the first quarter of 2012, compared to 49% in the first quarter of 2011.

– *Marketing Solutions:* Revenue from Marketing Solutions products totaled $48.0 million, an increase of 73% compared to the first quarter of 2011. Marketing Solutions revenue represented 26% of total revenue in the first quarter of 2012, compared to 30% in the first quarter of 2011.

– *Premium Subscriptions: *Revenue from Premium Subscriptions products totaled $37.9 million, an increase of 91% compared to the first quarter of 2011. Premium Subscriptions represented 20% of total revenue in the first quarter of 2012, compared to 21% of revenue in the first quarter of 2011.

Revenue from the U.S. totaled $120.8 million, and represented 64% of total revenue in the first quarter of 2012. Revenue from international markets totaled $67.6 million, and represented 36% of total revenue in the first quarter of 2012.

Revenue from the field sales channel totaled $101.5 million, and represented 54% of total revenue in the first quarter of 2012. Revenue from the online, direct sales channel totaled $87.0 million, and represented 46% of total revenue in the first quarter of 2012.

GAAP net income for the first quarter was $5.0 million, compared to net income of $2.1 million for the first quarter of 2011. Non-GAAP net income for the first quarter was $16.9 million, compared to $5.8 million in the first quarter of 2011.

Adjusted EBITDA was $38.1 million for the first quarter of 2012, or 20% of revenue, compared to $13.3 million for the first quarter of 2011, or 14% of revenue.

GAAP EPS was $0.04 based on 111.3 million fully-diluted weighted shares outstanding compared to $0.00 for the first quarter of 2011 based on 51.5 million fully-diluted weighted shares outstanding. Non-GAAP EPS was $0.15 based on 111.3 million fully-diluted weighted shares outstanding compared to $0.06 for the first quarter of 2011 based on 97.1 million fully-diluted weighted shares outstanding.

“LinkedIn grew over 100% for the seventh consecutive quarter and achieved records for adjusted EBITDA, operating and free cash flow,” said Steve Sordello http://www.linkedin.com/in/stevesordello, CFO of LinkedIn. “We remain focused on investing in our technology and product platform as well as expanding our business in new international markets and customer segments.”

For additional information, please see the “Selected Company Metrics and Financials” page on LinkedIn’s Investor Relations site.

*First Quarter Highlights and Strategic Announcements*

- In January, LinkedIn began an early rollout of Talent Pipeline with five charter customers including PepsiCo, Pfizer, Red Hat, Netflix, and First Citizens Bank. Available to all Recruiter customers in Q2, Talent Pipeline allows recruiters and hiring managers to manage, track, and stay in touch with all their target candidates regardless of source.

– In February, LinkedIn launched the Follow Company button for the more than two million companies with active LinkedIn company pages, making it easier for professionals to follow those companies on LinkedIn from anywhere on the web.

– In March, LinkedIn introduced a new version of People You May Know. This new streamlined tool makes it even easier for professionals to grow their networks through a simpler, more visual user experience.

– In the first quarter, LinkedIn continued its global growth strategy by adding two new languages (Czech and Dutch) to the LinkedIn platform, and an office in Madrid.

*Business Outlook* LinkedIn is providing guidance for the second quarter of 2012, and revising guidance for the full year 2012 on revenue, adjusted EBITDA, depreciation and amortization, and stock-based compensation.

- *Q2 2012 Guidance:* Revenue for the second quarter of 2012 is projected to range between $210 million to $215 million. The company expects adjusted EBITDA to range between $40 million and $42 million. The company expects depreciation and amortization to range between $18.5 million and $19.5 million, and stock-based compensation to range between $18 million and $19 million.

– *Full Year 2012 Guidance:* The company has revised upward its expected revenue range to $880 million to $900 million from the prior range of $840 million to $860 million. The company has also revised upward its expected adjusted EBITDA range to $170 million to $175 million from the prior range of $155 million to $165 million. The projected range for depreciation and amortization has increased to $75 million to $85 million from $70 million to $80 million, and stock-based compensation has increased to $80 million to $90 million from $65 million to $75 million.

*Quarterly Conference Call* LinkedIn will host a webcast/conference call to discuss its first quarter 2012 financial results and business outlook today at 2:00 p.m. Pacific Time. Jeff Weiner and Steve Sordello will host the webcast, which can be viewed on the investor relations section of the LinkedIn website at http://investors.linkedin.com/. This call will contain forward-looking statements and other material information regarding the company’s financial and operating results. Following completion of the call, a recorded replay of the webcast will be available on the website. For those without access to the Internet, a replay of the call will be available beginning at 5:00 p.m. Pacific Time on May 3, 2012 through May 10, 2012 at 9:00 p.m. Pacific Time. To listen to the telephone replay, call (855) 859-2056, access code 70674424.

*Upcoming Event* Management will participate in upcoming financial Q&A discussions at an investment industry event on May 9th. LinkedIn will furnish a link to this event on its investor relations website, http://investors.linkedin.com/ for both the live and archived webcasts.

*About LinkedIn * Founded in 2003, LinkedIn connects the world’s professionals to make them more productive and successful. With 161 million members worldwide, including executives from every Fortune 500 company, LinkedIn is the world’s largest professional network on the Internet. The company has a diversified business model with revenue coming from member subscriptions, marketing solutions and hiring solutions. Headquartered in Silicon Valley, LinkedIn also has offices across the Americas, Europe, and the Asia-Pacific.

*Non-GAAP Financial Measures* To supplement its consolidated financial statements, which are prepared and presented in accordance with GAAP, the company uses the following non-GAAP financial measures: adjusted EBITDA, non-GAAP net income, and non-GAAP EPS (collectively the “non-GAAP financial measures”). 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. The company uses these non-GAAP financial measures for financial and operational decision making and as a means to evaluate period-to-period comparisons. The company believes that they provide useful information about operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making.

The company excludes the following items from one or more of its non-GAAP measures: * Stock-based compensation.* The company excludes stock-based compensation because it is non-cash in nature and because the company believes that the non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance and liquidity. The company further believes this measure is useful to investors in that it allows for greater transparency to certain line items in its financial statements and facilitates comparisons to competitors’ operating results.

*Amortization of acquired intangible assets.* The company excludes amortization of acquired intangible assets because it is non-cash in nature and because the company believes that the non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance and liquidity. In addition, excluding this item from various non-GAAP measures facilitates internal comparisons to historical operating results and comparisons to competitors’ operating results. * Income tax effect of non-GAAP adjustments. *Excluding the income tax effect of non-GAAP adjustments from the provision for income taxes assists investors in understanding the tax provision related to those adjustments and the effective tax rate related to ongoing operations.

*Assumed preferred stock conversion.* As a result of the company’s initial public offering, all outstanding shares of preferred stock were automatically converted into shares of Class B common stock. Consequently, non-GAAP diluted net income per share has been calculated assuming the conversion of all outstanding shares of preferred stock into shares of Class B common stock.

For more information on the non-GAAP financial measures, please see the “Reconciliation of GAAP to non-GAAP Financial Measures” table in this press release. This accompanying table has more details on the GAAP financial measures that are most directly comparable to non-GAAP financial measures and the related reconciliations between these financial measures. Additionally, the company has not reconciled adjusted EBITDA guidance to net income guidance because it does not provide guidance for other income , net and provision (benefit) for income taxes, which are reconciling items between net income and adjusted EBITDA. As items that impact net income are out of the company’s control and/or cannot be reasonably predicted, the company is unable to provide such guidance. Accordingly, a reconciliation to net income is not available without unreasonable effort. * Safe Harbor Statement * “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release and the accompanying conference call contain forward-looking statements about our products, including our planned investments in key strategic areas, certain non-financial metrics, such as member growth and engagement, and our expected financial metrics such as revenue, adjusted EBITDA, depreciation and amortization and stock-based compensation for the second quarter of 2012 and the full fiscal year 2012. The achievement of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. If any of these risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes.

The risks and uncertainties referred to above include – but are not limited to – risks associated with: the company’s limited operating history in a new and unproven market; engagement of our members; the price volatility of our Class A common stock; general economic conditions; expectations regarding the return on our strategic investments; execution of our plans and strategies, including with respect to acquisitions of other companies; expectations regarding the company’s ability to timely and effectively scale and adapt existing technology and network infrastructure to ensure that its website is accessible at all times with short or no perceptible load times; security measures and the risk that the company’s website may be subject to attacks that degrade or deny the ability of members to access the company’s solutions; our ability to maintain our rate of revenue growth; our ability to accurately track our key metrics internally; members and customers curtailing or ceasing to use the company’s solutions; the company’s core value of putting members first, which may conflict with the short-term interests of the business; privacy issues; increasing competition; our ability to manage our growth and retain our employees; and the dual class structure of the company’s common stock.

Further information on these and other factors that could affect the company’s financial results is included in filings it makes with the Securities and Exchange Commission from time to time, including the section entitled “Risk Factors” in the company’s Annual Report on Form 10-K that was filed for the year ended December 31, 2011, and additional information will also be set forth in our Form 10-Q that will be filed for the quarter ended March 31, 2012, which should read in conjunction with these financial results. These documents are available on the SEC Filings section of the Investor Information section of the company’s website at http://investors.linkedin.com/. All information provided in this release and in the attachments is as of May 3, 2012, and LinkedIn undertakes no duty to update this information.

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ListedBy Debuts Real Estate Industry’s First Free Online Live Auction, Social Network and Serv ices Marketplace

**

> * * > *ListedBy Debuts Real Estate Industry’s First Free Online Live Auction, > Social Networking and Services Marketplace* > ** > > Site bridges classified advertising and auction models to drive asset > value and sales > > *NAPA, Calif. – May 3, 2012* – Listedby (www.ListedBy.com) > today made its debut, launching the real estate industry’s first free > online live auction, social network and services marketplace. ListedByaddresses a market void and need for a free, transparent > online auction and property search arena where industry professionals, > consumers, investors and service providers can network, research, list > and purchase real estate assets. > > Designed around helping industry professionals to market themselves as > they market their real estate listings http://www.listedby.com/browse, > ListedBy uniquely merges the simplicity and effectiveness of a powerful > classifieds advertising website, with state-of-the-art live auction > technology, to help accelerate sales and maximize asset value. > > ListedBy’s revolutionary model lifts the secrecy off the real estate > auction http://www.listedby.com/browse process. To encourage wider > participation from both buyers and sellers, ListedBy also eliminatestypically > restrictive costs including auction registration fees and share of > proceeds, usually imposed on traditional auction venue, by having its > marketplace be entirely free. > > Free participation and transparent live bidding is designed to level the > playing field for market participants and introduces a standard of open > competition unprecedented in the space. > > Real estate brokers, agents, investors, bulk asset holders and consumers > can register on ListedBy and post, also free of charge, residential or > commercial Multiple Listing Service (MLS), For Sale By Owner (FSBO), pre- > foreclosure and Real Estate Owned (REO) assets and Notes, with up to 25 > photos and great detail, to support each listing. > > With a click of the mouse, users can purchase optional ‘featured listing’ > placement, to enhance listing exposure on the site. Corporate advertisers > may also purchase advertising banner placement across the site and the > opportunity to be shown as approved service providers throughout the site > as well. > > To further drive exposure on ListedBy, community members can engage on > ListedBy Social http://www.listedby.com/ProfileSearch, ListedBy’ssocial network where consumers, real estate professionals and service > providers connect, post reviews and recommendations, discuss industry > issues and generate new business. > > As thousands of pre-approved service providers join the ListedBy network, > active real estate consumers will be able to research and connect directly > with local professionals, conveniently putting key services and expertise > at their fingertips, whether it’s legal counsel, agent representation, > trades, property management or other services. This facility is designed > to assist buyers in securing local services more easily and with > confidence, a resource especially valuable when acquiring assets in > unfamiliar markets. > > Leads generated on ListedBy are delivered to the participating members, > free of charge. > > A fair operating environment prominently and clearly associates listing > assets with their respective listing agents on ListedBy, and displays the > agent’s contact information and live links, for hassle free, convenient > access by visitors. > > Four auction types http://www.listedby.com/help are offered on ListedBy, > including No Reserve Live Auction, Reserve Live Auction, Own-It-Now Best > Offer (OIN/BO) Listing, and Best Offer. > > Licensed real estate professionals, trades firms, service providers, and > buyers and sellers can register on ListedBy.com at > http://www.listedby.com.Account/Register. > > > ListedBy.com, first released in beta form as realBay.com, on April 11, > 2012, launches with over 1700 asset listings and continues to add postings > on a regular basis. The site leverages community input, self-policing, > monitoring and deterrents including penalties, to encourage and maintain > ethical practices and participation. > > *Supporting Quotes* > ** > Stephan Piscano, ListedBy founder and chief executive officer, said: > > “Through years of experience investing in real estate, we recognize the > impact of online classified advertising in the marketing mix, and the > power of auctions in maximizing asset value and moving inventory. ListedByis first to bridge the two mediums, and addresses important gaps and > opportunities we’ve identified, within a fully free marketplace that > combines the social network as well.” > > “ListedBy considers real estate professionals and service providers as > critical success partners. For example, a listing agent on ListedBy is > never overshadowed by another agent on his or her listing page, and leads > are never collected and sold back to the listing broker or their > competitors. We are working to build a thriving, positive community that > benefits all our members.” > > *Supporting Resources* > ** > Twitter: www.twitter.com/ListedByYou > > Facebook: www.facebook.com/ListedBy > > *About ListedBy* > ** > ListedBy (www.ListedBy.com http://www.listedby.com/) is the first and > only free online live real estate auction, social networking and services > marketplace. Buyers, sellers, real estate professionals and local service > providers use ListedBy to network and to list, research, buy and sell > Multiple Listing Service (MLS), For Sale By Owner (FSBO), pre-foreclosureand Real Estate Owned ( > REO) assets in a collaborative, transparent environment. ListedBy is > headquartered in Napa, and is privately funded. For ongoing news please > go to www.listedby.com/About. > > ListedBy and the ListedBy logo are trademarks or registered trademarks of > ListedBy, LLC. and/or its affiliates in the U.S. and other countries. > Third party trademarks and brands mentioned are the property of their > respective owners. >

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IAC Reports Q1 Results

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Industry news releases

IAC Reports Q1 Results

PR Newswire

NEW YORK, May 2, 2012

NEW YORK, May 2, 2012 /PRNewswire/ — IAC (Nasdaq: IACI) released first quarter 2012 results today.

- Revenue and Operating Income Before Amortization reflect strong double digit growth for the 9th consecutive quarter. – IAC repurchased 5.1 million shares of common stock between January 28, 2012 and April 27, 2012 at an average price of $47.73 per share, or $242.3 million in aggregate. On May 1, 2012, the Board of Directors authorized the Company to repurchase an additional 10 million shares of common stock. – IAC declared a quarterly cash dividend of $0.12 per share to be paid on June 1, 2012 to stockholders of record as of the close of business on May 15, 2012. – Net income and Adjusted Net Income increased 91% and 35%, respectively, reflecting strong operating performance.

*SUMMARY RESULTS*

*$ in millions (except per share amounts)*

*Q1 2012*

*Q1 2011*

*Growth*

Revenue

$ 640.6

$ 460.2

39%

Operating Income Before Amortization

91.3

60.0

52%

Adjusted Net Income

48.1

35.5

35%

Adjusted EPS

0.51

0.37

38%

Operating Income

62.8

37.3

68%

Net Income

34.5

18.1

91%

GAAP Diluted EPS

0.38

0.19

95%

*Search*

Search includes Mindspark, our digital consumer products business consisting of our B2C operations, through which we develop, market and distribute downloadable applications, and our B2B operations, through which we provide customized browser-based applications for software and media companies; destination websites, including Ask.com and Dictionary.com, through which we provide search and additional services; and Pronto, a comparison shopping engine.

Search revenue reflects strong growth from destination websites and Mindspark’s B2B and B2C operations*. *The revenue growth in destination websites reflects strong query gains driven primarily by increased marketing and content optimization. The growth in B2B was driven by increased contribution from both existing and new partners. The increase in B2C revenue reflects strong growth from existing and new products. Profits were favorably impacted by higher revenue and lower depreciation expense, partially offset by higher cost of acquisition.

*Match*

Match Core(1) revenue increased 17% to $108.9 million driven by a 12% increase in subscribers. Despite strong growth from OkCupid, Match Developing(2) revenue decreased to $16.8 million due to lower subscription revenue from Singlesnet as we have reduced the marketing of this service. Match Core and Developing revenue collectively increased 13% to $125.6 million. Meetic(3), consolidated beginning September 1, 2011, had revenue of $48.6 million which was negatively impacted by the write-off of $5.2 million of deferred revenue in connection with its acquisition.

Operating Income Before Amortization, excluding Meetic’s results, increased 44% to $35.9 million. Operating Income Before Amortization was favorably impacted by higher revenue and lower customer acquisition costs as a percentage of revenue, partially offset by higher operating expenses due to increased headcount. Profits at Meetic were negatively impacted by the aforementioned write-off of deferred revenue. Operating income in the current year period reflects an increase of $5.0 million in amortization of intangibles and $0.9 million in non-cash compensation expense due to the acquisition of Meetic.

*Local*

Local includes ServiceMagic and CityGrid Media. The increase in revenue reflects strong growth from ServiceMagic domestic and international operations. ServiceMagic domestic revenue grew due to higher average lead acceptance fees and a 5% increase in service request accepts. Service request accepts benefited from an increase in service requests, partially offset by lower accepts per service request. ServiceMagic international revenue grew due to higher average lead acceptance fees and a 14% increase in service request accepts. CityGrid Media revenue increased slightly as the growth from resellers was offset by a decline from direct sales. Local profits were negatively impacted by higher cost of revenue and increased operating expenses.

*Media & Other*

Media & Other includes Electus, CollegeHumor, Notional, Vimeo, DailyBurn, Hatch Labs and Shoebuy. The increase in revenue primarily reflects strong growth from Vimeo and Electus. Higher losses reflect increased expenses primarily from CollegeHumor and Vimeo.

*Note 1: Match Core consists of Match.com in the United States, Chemistry and People Media. Note 2: Match Developing consists of OkCupid, Singlesnet, mobile-only products and non-Meetic international operations. Note 3: Meetic consists of the publicly traded personals company Meetic S.A., which operates principally in Europe.*

*OTHER ITEMS*

Equity in losses of unconsolidated affiliates in Q1 2012 primarily reflects losses related to our investment in The Newsweek Daily/Beast Company, which, following the formation of the joint venture with Harman Newsweek on January 31, 2011, has been accounted for as an equity method investment. Equity in losses of unconsolidated affiliates in Q1 2011 primarily reflects losses related to our investment in The Newsweek/Daily Beast Company partially offset by income related to our investment in Meetic.

The effective income tax rates for continuing operations and Adjusted Net Income in Q1 2012 were 47% and 42%, respectively. The effective rates were higher than the statutory rate of 35% due principally to an increase in reserves for and interest on income tax contingencies and state taxes, partially offset by foreign income taxed at lower rates. The effective income tax rates for continuing operations and Adjusted Net Income in Q1 2011 were 44% and 39%, respectively. The effective rates were higher than the statutory rate of 35% due principally to interest on income tax contingencies and state taxes, partially offset by foreign income taxed at lower rates.

*LIQUIDITY AND CAPITAL RESOURCES*

During Q1 2012, IAC repurchased 4.9 million common shares at an average price of $45.50 per share. As of March 31, 2012, IAC had 82.2 million common and class B common shares outstanding. IAC may purchase shares over an indefinite period of time on the open market and in privately negotiated transactions, depending on those factors IAC management deems relevant at any particular time, including, without limitation, market conditions, share price and future outlook. As of April 27, 2012, the Company had 1.8 million shares remaining in its stock repurchase authorization. On May 1, 2012, the Board of Directors authorized the Company to repurchase an additional 10 million shares of common stock.

IAC’s Board of Directors declared a regular quarterly cash dividend of $0.12per share of common and Class B common stock outstanding with a record and payable date of May 15, 2012 and June 1, 2012, respectively.

During Q1 2012, the Company received cash proceeds of $82.9 million and issued 2.9 million shares in connection with the exercise of warrants. Two tranches of warrants, which as of April 27, 2012 represented 7.5 million shares, will expire on May 7, 2012 if not exercised. Holders of the warrants, at their option, can exercise the warrants on a cash or cashless basis.

As of March 31, 2012, IAC had $775.6 million in cash, cash equivalents and marketable securities and $95.8 million in debt of which $15.8 million is short-term.

*IAC’S PRINCIPLES OF FINANCIAL REPORTING*

IAC reports Operating Income Before Amortization, Adjusted Net Income, Adjusted EPS and Free Cash Flow, all of which are supplemental measures to GAAP. These measures are among the primary metrics by which we evaluate the performance of our businesses, on which our internal budgets are based and by which management is compensated. We believe that investors should have access to, and we are obligated to provide, the same set of tools that we use in analyzing our results. These non-GAAP measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for or superior to GAAP results. IAC endeavors to compensate for the limitations of the non-GAAP measures presented by providing the comparable GAAP measures with equal or greater prominence and descriptions of the reconciling items, including quantifying such items, to derive the non-GAAP measures. We encourage investors to examine the reconciling adjustments between the GAAP and non-GAAP measures contained in this release and which we discuss below. Interim results are not necessarily indicative of the results that may be expected for a full year.

*Definitions of Non-GAAP Measures*

*Operating Income Before Amortization* is defined as operating income excluding, if applicable: (1) non-cash compensation expense, (2) amortization and impairment of intangibles, (3) goodwill impairment, and (4) one-time items. We believe this measure is useful to investors because it represents the consolidated operating results from IAC’s segments, taking into account depreciation, which we believe is an ongoing cost of doing business, but excluding the effects of any other non-cash expenses. Operating Income Before Amortization has certain limitations in that it does not take into account the impact to IAC’s statement of operations of certain expenses, including non-cash compensation and acquisition-related accounting.

*Adjusted Net Income* generally captures all items on the statement of operations that have been, or ultimately will be, settled in cash and is defined as net earnings attributable to IAC shareholders excluding, net of tax effects and noncontrolling interests, if applicable: (1) non-cash compensation expense, (2) amortization and impairment of intangibles, (3) goodwill impairment, (4) income or loss effects related to IAC’s former passive ownership in VUE, (5) the reversal of a deferred tax liability associated with our 27% investment in Meetic, (6) the mark-to-market loss recorded upon achieving control of Meetic, (7) one-time items, and (8) discontinued operations. We believe Adjusted Net Income is useful to investors because it represents IAC’s consolidated results, taking into account depreciation, which we believe is an ongoing cost of doing business, as well as other charges which are not allocated to the operating businesses such as interest expense, income taxes and noncontrolling interests, but excluding the effects of any other non-cash expenses.

*Adjusted EPS* is defined as Adjusted Net Income divided by fully diluted weighted average shares outstanding for Adjusted EPS purposes. We include dilution from options and warrants in accordance with the treasury stock method and include all restricted stock units (“RSUs”) in shares outstanding for Adjusted EPS, with performance-based RSUs included based on the number of shares that the Company believes are probable of vesting. This differs from the GAAP method for including RSUs, which treats them on a treasury method basis and with respect to performance-based RSUs only to the extent the performance criteria are met (assuming the end of the reporting period is the end of the contingency period). Shares outstanding for Adjusted EPS purposes are therefore higher than shares outstanding for GAAP EPS purposes. We believe Adjusted EPS is useful to investors because it represents, on a per share basis, IAC’s consolidated results, taking into account depreciation, which we believe is an ongoing cost of doing business, as well as other charges which are not allocated to the operating businesses such as interest expense, income taxes and noncontrolling interests, but excluding the effects of any other non-cash expenses. Adjusted Net Income and Adjusted EPS have the same limitations as Operating Income Before Amortization, and in addition Adjusted Net Income and Adjusted EPS do not account for IAC’s former passive ownership in VUE. Therefore, we think it is important to evaluate these measures along with our consolidated statement of operations.

*Free Cash Flow* is defined as net cash provided by operating activities, less capital expenditures. In addition, Free Cash Flow excludes, if applicable, tax payments and refunds related to the sale of IAC’s interests in VUE, an internal restructuring and dividends received that represent a return of capital due to the exclusion of the proceeds from these sales and dividends from cash provided by operating activities. We believe Free Cash Flow is useful to investors because it represents the cash that our operating businesses generate, before taking into account cash movements that are non-operational. Free Cash Flow has certain limitations in that it does not represent the total increase or decrease in the cash balance for the period, nor does it represent the residual cash flow for discretionary expenditures. For example, it does not take into account stock repurchases. Therefore, we think it is important to evaluate Free Cash Flow along with our consolidated statement of cash flows.

*IAC’S PRINCIPLES OF FINANCIAL REPORTING – continued*

*One-Time Items*

Operating Income Before Amortization and Adjusted Net Income are presented before one-time items, if applicable. These items are truly one-time in nature and non-recurring, infrequent or unusual, and have not occurred in the past two years or are not expected to recur in the next two years, in accordance with SEC rules. GAAP results include one-time items. For the periods presented in this release, there are no adjustments for one-time items.

*Non-Cash Expenses That Are Excluded From Our Non-GAAP Measures*

*Non-cash compensation* expense consists principally of expense associated with the grants, including unvested grants assumed in acquisitions, of stock options, restricted stock units and performance-based RSUs. These expenses are not paid in cash, and we include the related shares in our fully diluted shares outstanding which, for stock options and restricted stock units, are included on a treasury method basis, and for performance-based RSUs are included on a treasury method basis once the performance conditions are met. We view the true cost of our restricted stock units and performance-based RSUs as the dilution to our share base, and as such units are included in our shares outstanding for Adjusted EPS purposes as described above under the definition of Adjusted EPS. Upon the exercise of certain stock options and vesting of restricted stock units and performance-based RSUs, the awards are settled, at the Company’s discretion, on a net basis, with the Company remitting the required tax withholding amount from its current funds.

*Amortization of intangibles (including impairment of intangibles, if applicable) and goodwill impairment (if applicable)* are non-cash expenses relating primarily to acquisitions. At the time of an acquisition, the identifiable definite-lived intangible assets of the acquired company, such as customer lists, technology and supplier agreements, are valued and amortized over their estimated lives. Value is also assigned to acquired indefinite-lived intangible assets, which comprise trade names and trademarks, and goodwill that are not subject to amortization. An impairment is recorded when the carrying value of an intangible asset or goodwill exceeds its fair value. While it is likely that we will have significant intangible amortization expense as we continue to acquire companies, we believe that intangible assets represent costs incurred by the acquired company to build value prior to acquisition and the related amortization and impairment charges of intangible assets or goodwill, if applicable are not ongoing costs of doing business.

*Income or loss effects related to IAC’s former passive ownership in VUE*are excluded from Adjusted Net Income and Adjusted EPS because IAC had no operating control over VUE, which was sold for a gain in 2005, had no way to forecast this business, and did not consider the results of VUE in evaluating the performance of IAC’s businesses.

*Free Cash Flow*

We look at Free Cash Flow as a measure of the strength and performance of our businesses, not for valuation purposes. In our view, applying “multiples” to Free Cash Flow is inappropriate because it is subject to timing, seasonality and one-time events. We manage our business for cash and we think it is of utmost importance to maximize cash – but our primary valuation metrics are Operating Income Before Amortization and Adjusted EPS.

*OTHER INFORMATION*

*Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995*

This press release and our conference call to be held at 11:00 a.m. Eastern Time today may contain “forward -looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as “anticipates,” “estimates,” “expects,” “intends,” “plans” and “believes,” among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements relating to: IAC’s future financial performance, IAC’s business prospects and strategy, anticipated trends and prospects in the industries in which IAC’s businesses operate and other similar matters. These forward-looking statements are based on management’s current expectations and assumptions about future events, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Actual results could differ materially from those contained in these forward-looking statements for a variety of reasons, including, among others: changes in senior management at IAC and/or its businesses, changes in our relationship with, or policies implemented by, Google, adverse changes in economic conditions, either generally or in any of the markets in which IAC’s businesses operate, adverse trends in the online advertising industry or the advertising industry generally, our ability to convert visitors to our various websites into users and customers, our ability to offer new or alternative products and services in a cost-effective manner and consumer acceptance of these products and services, operational and financial risks relating to acquisitions, changes in industry standards and technology, our ability to expand successfully into international markets and regulatory changes. Certain of these and other risks and uncertainties are discussed in IAC’s filings with the Securities and Exchange Commission (“SEC”). Other unknown or unpredictable factors that could also adversely affect IAC’s business, financial condition and results of operations may arise from time to time. In light of these risks and uncertainties, these forward-looking statements may not prove to be accurate. Accordingly, you should not place undue reliance on these forward-looking statements, which only reflect the views of IAC management as of the date of this press release. IAC does not undertake to update these forward-looking statements.

*About IAC*

IAC operates more than 50 leading and diversified Internet businesses across 30 countries… our mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world. To view a full list of the companies of IAC please visit our website at www.iac.com.

SOURCE IAC

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GateHouse Media Announces First Quarter 2012 Results

GateHouse Media Announces First Quarter 2012 Results

FAIRPORT, N.Y., May 3, 2012 /PRNewswire/ –

*First Quarter Highlights*

- Digital revenue increased 33.1% versus the prior year and 30.9% taking into account a change in the Company’s reporting period. – As Adjusted EBITDA increased 27.6% versus the prior year to $13.2 million. – Total revenues for the first quarter were $120.0 million, up 0.2% from the prior year and down 1.7% after taking into account a change in the Company’s reporting period. – Operating costs and SG&A expense totaled $107.6 million in the first quarter, a decrease of $3.1 million or 2.8% from the prior year. Adjusting for one-time items and a change in the Company’s reporting period, Operating costs and SG&A expenses declined 4.4% from the prior year. – Levered Free Cash Flow per share was ($0.3) versus ($0.4) for the prior year. – Excess cash flow payment of $4.6 million was made on long-term debt in March.

GateHouse Media, Inc. (the “Company” or “GateHouse Media”) (OTC Pink Sheets: GHSE), a leading multi-media company providing news and information to local communities, today reported financial results for the first quarter ended April 1, 2012. Total revenues were $120.0 million, an increase of 0.2%. On a same reporting period basis total revenues declined 1.7% compared to the prior year and As Adjusted EBITDA was $13.2 million, an increase of 27.6% compared to the prior year.

*Change in Reporting Period*

The Company moved to a consistent 52 week reporting cycle for all locations during the first quarter of 2011. As a result, the first quarter of 2012 had 5 more days compared to the first quarter of 2011 for approximately 40% of the business. The Company estimated the impact of this change for better comparability year over year in reporting same store results (“same reporting period basis”). The Company estimates that this change did not have a material impact on the comparability of As Adjusted EBITDA year over year.

Commenting on GateHouse Media’s results, Michael E. Reed, Chief Executive Officer of GateHouse Media, said, “Our first quarter was our third consecutive quarter of improving trends. We believe that these improving trends reflect the progress we have made under initiatives to transform GateHouse Media to a truly local multi-media company, as well as a slightly more favorable economic environment. We are encouraged by the fact that the improving trends are broad based and span several revenue categories. Our total revenue decline of 1.7% on a same reporting period basis was the best performance we have seen since early 2007. Our total digital revenue grew 30.9% in the first quarter, driven by 22.3% growth in page views, improved pricing and better digital sales productivity from our sales force. We also saw benefits from our pricing initiatives on circulation, leading to our total circulation revenue increase of 1.5%. Local print advertising trends continue to improve as well and were down 7.1% in the first quarter.

“While I am excited about our recent revenue performance, we remain focused on expense controls. We continue to identify and execute on permanent cost reductions, as evidenced by our 4.4% reduction in expenses on a same reporting period basis. The combination of improving revenue trends and expense reductions resulted in a 27.6% increase in As Adjusted EBITDA to $13.2 million, a very good start to the year given this is seasonally our lowest quarter.

“An important component of our strategic plan is to identify, develop and launch new businesses that leverage our core strengths from our GateHouse Ventures division. During the first quarter we invested about $800,000 in these new businesses, which we see as growth opportunities. We were pleased to see several of these new businesses come to market in the first quarter. We officially launched Propel Marketing, an online marketing company that provides digital solutions to small and medium sized businesses and Adhance Media, a private exchange for digital advertising with real time bidding designed to maximize digital revenue for GateHouse. We also made an investment in Find n Save® in the first quarter, a comprehensive newspaper industry online shopping platform. While the overall contributions of these new business initiatives are small today, we believe they can be significant contributors to our growth and profitability in the future.”

*First Quarter 2012 *

Total revenues were $120.0 million for the quarter, an increase of 0.2% compared to the prior year and a decline of 1.7% from the prior year on a same reporting period basis. The same reporting period results were driven by strong digital revenue growth of 30.9% offset by declines in print advertising. The improvement in digital revenue was driven primarily by a 25.5% increase in digital advertising, along with strong growth in our daily deal and digital subscription programs. Total advertising revenue declined 2.8% on a same reporting period basis as growth in digital advertising was more than offset by a 7.1% decline in local print advertising. Classified revenue increased slightly compared to the prior year resulting from strong legal revenue driven by increased foreclosure activity, a significant improvement over the negative trends experienced throughout 2011. Circulation revenue also increased slightly as the benefit of price increases more than offset volume declines.

Total operating and SG&A expenses in the quarter were $107.6 million, down 2.8% compared to the prior year and down 4.4% on a same reporting period basis. The expense declines were primarily from lower compensation.

Operating income for the quarter was $0.6 million, an increase of $4.2 million as compared to the prior year. As Adjusted EBITDA for the quarter was $13.2 million, an increase of $2.9 million or 27.6% from the prior year.

Levered Free Cash Flow for the quarter increased $0.5 million, or 21.4%, to ($1.8) million as compared to ($2.3) million for the prior year. Adjusting for the timing of interest payments due to the Company’s change in reporting period, Levered Free Cash Flow for the quarter increased $2.9 million.

One-time costs incurred and other non-cash expenses in the quarter were $1.8 million, and related primarily to reorganization efforts and initiatives introduced to realize permanent expense reductions.

*About GateHouse Media, Inc.*

GateHouse Media, Inc., headquartered in Fairport, New York, is one of the largest publishers of locally based print and online media in the United States as measured by its 79 daily publications. GateHouse Media currently serves local audiences of approximately 10 million per week across 21 states through hundreds of community publications and local websites. GateHouse Media is traded in the over-the-counter market under the symbol “GHSE.”

For more information regarding GateHouse Media and to be added to our email distribution list, please visit www.gatehousemedia.com.

*Non-GAAP Financial Measures*

A non-GAAP financial measure is generally defined as one that purports to measure historical or future financial performance, financial position or cash flows, but excludes or includes amounts that would not be so adjusted in the most comparable GAAP measure. GateHouse Media defines and uses Adjusted EBITDA, As Adjusted EBITDA, As Adjusted Revenues, and Levered Free Cash Flow, non-GAAP financial measures, as set forth below. The Company strongly urges stockholders and other interested persons not to rely on any single financial measure to evaluate its business. In addition, because Adjusted EBITDA, As Adjusted EBITDA, As Adjusted Revenues and Levered Free Cash Flow are not measures of financial performance under GAAP and are susceptible to varying calculations, these non-GAAP measures, as presented in this press release, may differ from and may not be comparable to similarly titled measures used by other companies.

*Adjusted EBITDA, As Adjusted EBITDA, As Adjusted Revenues and Levered Free Cash Flow*

The Company defines Adjusted EBITDA as income (loss) from continuing operations before interest, income tax expense (benefit), depreciation and amortization and other non-recurring or non-cash items. The Company defines As Adjusted EBITDA as Adjusted EBITDA before other non-cash items such as non-cash compensation, non-recurring integration and reorganization costs and Adjusted EBITDA from non-wholly owned subsidiaries. The Company defines As Adjusted Revenues as total revenues plus revenues of discontinued operations less revenues from non-wholly owned subsidiaries. The Company defines Levered Free Cash Flow as As Adjusted EBITDA less capital expenditures, cash taxes and interest expense, excluding non-wholly owned subsidiaries.

*Management’s Use of Adjusted EBITDA, As Adjusted EBITDA, As Adjusted Revenues and Levered Free Cash Flow*

Adjusted EBITDA, As Adjusted EBITDA, As Adjusted Revenues and Levered Free Cash Flow are not measurements of financial performance under GAAP and should not be considered in isolation or as alternatives to income from operations, net income (loss), cash flow from continuing operating activities or any other measure of performance or liquidity derived in accordance with GAAP. GateHouse Media’s management believes these non-GAAP measures, as defined above, are useful to investors for the following reasons:

- ­Evaluating performance and identifying trends in day-to-day performance because the items excluded have little or no significance on its day-to-day operations; – Providing assessments of controllable expenses that afford management the ability to make decisions which are expected to facilitate meeting current financial goals as well as achieving optimal financial performance; and – Indicators for management to determine if adjustments to current spending decisions are needed.

Adjusted EBITDA, As Adjusted EBITDA, As Adjusted Revenues and Levered Free Cash Flow provide GateHouse Media with measures of financial performance, independent of items that are beyond the control of management in the short-term, such as depreciation and amortization, taxation and interest expense associated with its capital structure. These metrics measure GateHouse Media’s financial performance based on operational factors that management can impact in the short-term, namely the cost structure or expenses of the organization. Adjusted EBITDA, As Adjusted EBITDA, As Adjusted Revenues and Levered Free Cash Flow are some of the metrics used by senior management and the Board of Directors to review the financial performance of the business on a monthly basis. In addition, GateHouse Media’s management utilizes these metrics to evaluate the Company’s performance, along with other criteria, to determine the funds available for paying the quarterly dividend.

*Forward-Looking Statements*

Certain items in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to various risks and uncertainties, including without limitation, statements relating to progress made by the Company in its integration efforts, growth in revenues and cash flow, on-line revenues, expense reduction efforts and potential acquisition and sale opportunities. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “overestimate,” “underestimate,” “believe,” “could,” “would,” “project,” “predict,” “continue” or other similar words or expressions. Forward looking statements are based on certain assumptions or estimates, discuss future expectations, describe future plans and strategies, contain projections of results of operations or of financial condition or state other forward-looking information. The Company’s ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Although the Company believes that the expectations reflected in such forward looking statements are based on reasonable assumptions, actual results and performance could differ materially from those set forth in the forward-looking statements. Factors which could have a material adverse effect on the Company’s operations and future prospects or which could cause events or circumstances to differ from the forward-looking statements include, but are not limited to, the condition of the economy and the credit markets generally, *the Company’s ability to maintain adequate liquidity and financing sources and an appropriate level of debt, the Company’s ability to maintain debt covenants, the Company’s ability to successfully grow digital revenues and audience and consumer revenues, the Company’s ability to successfully stabilize print revenues, the ability of the Company to successfully identify and develop new business ventures, the Company’s *ability to close on a timely basis upon announced or contemplated transactions, unexpected liabilities arising from any transaction or that the Company will not receive the expected benefits from the transaction, the Company’s ability to generate sufficient cash flow to cover required interest and long-term obligations, the effect of the Company’s indebtedness and long-term obligations on its liquidity, the Company’s ability to integrate acquired assets and businesses, any increases in the price or reduction in the availability of newsprint, seasonal and other fluctuations affecting the Company’s revenues and operating results, any declines in circulation, the Company’s ability to obtain additional capital on terms acceptable to it, the Company’s ability to compete effectively in the local media industry, the Company’s success or failure in pursuing its digital business and related initiatives and strategic realignments and undertakings, increases in health costs, the Company’s vulnerability to economic downturns, regulatory changes or acts of nature in certain geographic areas, increases in competition for skilled personnel, a portion of the Company’s workforce being unionized, departure of key officers, increases in market interest rates, the cost and difficulty of complying with increasing and evolving regulation, and other risks detailed from time to time in the Company’s SEC reports, including but not limited to its most recent Annual Report on Form 10-K filed with the SEC under Commission File Number 001-33091. When considering forward- looking statements, readers should keep in mind the risk factors and other cautionary statements in such SEC filings. Readers are also cautioned not to place undue reliance on any of these forward-looking statements, which reflect management’s views as of the date of this press release. The factors discussed above and the other factors noted in the Company’s SEC filings could cause actual results to differ significantly from those contained in any forward-looking statement. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements and expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

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Zillow acquires RentJuice

Zillow To Acquire RentJuice To Expand Professional Services in Rental Marketplace

Seattle and San Francisco, May 2, 2012 /PRNewswire/ — Zillow, Inc. (NASDAQ: Z), the leading real estate information marketplace, today announced it has entered into a definitive agreement to acquire RentJuice Corporation, a San Francisco-based company, for $40 million in cash. RentJuice® provides rental relationship management software for landlords, property managers and rental brokers. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the second quarter of 2012.

More than 5 million current renters visit Zillow® each month on mobile and the Web, searching hundreds of thousands of rental listings. With RentJuice, Zillow adds a broad suite of tools and services for rental professionals, to help them market their inventory to renters and manage client relationships.

“Zillow has spent the last six years building robust marketplaces for real estate and mortgages, and we are in the midst of growing our rental marketplace, which has tremendous potential,” said Spencer Rascoff, Zillow CEO. “The acquisition of RentJuice, with its talented team and innovative solutions for rental professionals, propels Zillow’s rental marketplace ahead by years. We are very excited to welcome the RentJuice team into Zillow.”

RentJuice launched in 2009 and has 31 employees. The company offers a subscription-based suite of marketing and productivity tools for rental professionals, including a customer relationship management platform for managing leads and relationships; rental listings management software and syndication across the Web; consumer credit screening; and an online- and mobile-based secure way for consumers to submit rental applications. RentJuice’s mobile app for iOS allows rental professionals to access their database on the go, instantly update property photos and connect with prospective tenants.

“At RentJuice, we are passionate about improving the way the rental market does business, and making the lives of rental professionals easier,” said RentJuice CEO David Vivero. “Becoming a part of Zillow will allow us to invest more and innovate faster on behalf of the leasing professionals we support.”

RentJuice will be the third acquisition by Zillow. In spring 2011, the company acquired Postlets, a leading online real estate listing creation and distribution platform, and in fall 2011 Zillow acquired Diverse Solutions, which helps real estate agents market their businesses and improve their personal websites. Each of these companies provides valuable services that support Zillow’s strategic expansion beyond a traditional media model to offer a suite of marketing and business services to local professionals.

About Zillow, Inc. Zillow (NASDAQ: Z) is the leading real estate information marketplace, providing vital information about homes, real estate listings and mortgages through its website and mobile applications, enabling homeowners, buyers, sellers and renters to connect with real estate and mortgage professionals best suited to meet their needs. More than 32 million unique users visited Zillow’s websites and mobile applications in March 2012. Zillow, Inc. operates Zillow.com®, Zillow Mortgage Marketplace, Zillow Mobile, Postlets® and Diverse Solutions™. The company is headquartered in Seattle.

The Zillow logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10012

Zillow.com, Zillow and Postlets are registered trademarks of Zillow, Inc. Diverse Solutions is a trademark of Zillow, Inc.

RentJuice is a registered trademark of RentJuice Corporation.

(ZFIN)

SOURCE Zillow, Inc.

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CoreLogic(R) Reports 69,000 Completed Foreclosures Nationally in March

CoreLogic® Reports 69,000 Completed Foreclosures Nationally in March––Largest Improvements in Foreclosure Rate from a Year Ago were in Nevada and Arizona––

SANTA ANA, Calif., May 1, 2012 /PRNewswire/ — CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released its National Foreclosure Report for March, which provides monthly data on completed foreclosures, foreclosure inventory and 90+ day delinquency rates. There were 69,000 completed foreclosures in March 2012 compared to 85,000 in March 2011 and 66,000* in February 2012. Through the first quarter of 2012, there were 198,000 completed foreclosures compared to 232,000 through the first quarter of 2011. Since the start of the financial crisis in September 2008, there have been approximately 3.5 million completed foreclosures.

Approximately 1.4 million homes, or 3.4 percent of all homes with a mortgage, were in the national foreclosure inventory as of March 2012 compared to 1.5 million, or 3.5 percent, in March 2011 and 1.4 million, or 3.4 percent, in February 2012. The number of loans in the foreclosure inventory decreased by nearly 100,000, or 6.0 percent, in March 2012 compared to March 2011.

“The overall delinquency level was unchanged in March, remaining at its lowest point since July 2009,” said Mark Fleming, chief economist for CoreLogic. “Non-judicial foreclosure markets like Nevada, Arizona, and California are experiencing significant improvements in their shares of delinquent borrowers. Some judicial foreclosure states are also improving, like Florida, but not to the extent of non-judicial markets.”

The share of borrowers nationally that were more than 90 days late on their mortgage payment, including homes in foreclosure and real estate owned (REO) assets, fell to 7.0 percent in March 2012 from 7.5 percent in March 2011, and remained unchanged from 7.0 percent in February 2012.

Also in March, the inventory of REO assets held by servicers nationwide grew more slowly than the pace of REO sales, as measured by the distressed clearing ratio. The distressed clearing ratio is calculated by dividing the number of REO sales by the number of completed foreclosures. The higher the distressed clearing ratio, the faster the pace of REO sales relative to the pace of completed foreclosures. The distressed clearing ratio for March 2012 was 0.81, up from 0.76 in February 2012.

“Compared to a year ago, the number of completed foreclosures has slowed,” said Anand Nallathambi, chief executive officer of CoreLogic. “Since the foreclosure inventory is also coming down, this suggests that loan modifications, short sales, deeds-in-lieu are increasingly being used as an alternative to foreclosures to clear distressed assets in our communities. This is what was envisioned with the recent National Foreclosure Settlement, and can often be a better outcome for both borrowers and investors.”

Highlights as of March 2012

- The five states with the largest number of completed foreclosures for the 12 months ending in March 2012 were: California (150,000), Florida (92,000), Michigan (62,000), Arizona (58,000) and Texas (57,000). These five states account for 49.1 percent of all completed foreclosures nationally. – The percent of homeowners nationally who were more than 90 days late on their mortgage payments, including homes in foreclosure and REO, was 7.0 percent for March 2012 compared to 7.5 percent for March 2011, and 7.0 percent in February 2012. – The five states with the highest foreclosure rates were: Florida (12.1 percent), New Jersey (6.6 percent), Illinois (5.4 percent), Nevada (4.9 percent) and New York (4.9 percent). – The five states with the lowest foreclosure rates were: Wyoming (0.7 percent), Alaska (0.8 percent), North Dakota (0.8 percent), Nebraska (1.1 percent) and South Dakota (1.4 percent). – Of the top 100 markets, measured by Core Based Statistical Areas (CBSAs) population, 35 are showing an increase in the year-over-year foreclosure rate in March 2012, two more than in February 2012 when 33 of the top CBSAs were showing an increase in the year-over-year foreclosure rate.

*February data was revised. Revisions are standard, and to ensure accuracy CoreLogic incorporates newly released data to provide updated results.

*Table 1: Judicial Foreclosure States Foreclosure and Delinquency Ranking (Sorted by Foreclosure Inventory)*

*Table 2: Non-Judicial Foreclosure States Foreclosure and Delinquency Ranking (Sorted by Foreclosure Inventory)*

*Table 3: Foreclosure and Delinquency Levels for Select Large Core Based Statistical Areas (CBSAs)*

*Figure 1: Completed Foreclosures per Thousand Active Loans* Judicial Foreclosure States vs. Non-Judicial Foreclosure States (3-month moving average)

*Figure 2: Foreclosure Rates as of March 2012* Judicial Foreclosure States vs. Non-Judicial Foreclosure States

*Figure 3: CoreLogic 90+ Day Delinquency Rates*

*Methodology* The data in this report represents foreclosures and delinquencies reported through March 2012.

This report has state data separated into judicial vs. non-judicial foreclosure state categories. In judicial foreclosure states, lenders must provide evidence to the courts of delinquency in order to move a borrower into foreclosure, while in non-judicial foreclosure states lenders can issue notices of default directly to the borrower without court intervention. It’s important to distinguish this since judicial states as a rule have longer foreclosure timelines and thus affect foreclosure statistics as a result.

A completed foreclosure occurs when a property is auctioned and results in the purchase of the home at auction by either a third party, such as an investor, or by the lender. If the home is purchased by the lender, it is moved into the lender’s Real Estate Owned (REO) inventory. In “foreclosure by advertisement” states, a redemption period begins after the auction and runs for a statutory period, e.g., six months. During that period the borrower may regain the foreclosed home by paying all amounts due as calculated under the statute. For purposes of this Foreclosure Report, because so few homes are actually redeemed following an auction, we assume the foreclosure process ends in “foreclosure by advertisement” states at the completion of the auction.

The foreclosure inventory represents the number and ratio of homes that have been placed into the process of foreclosure by the mortgage servicer. Mortgage servicers start the foreclosure process when the mortgage reaches a specific level of serious delinquency as dictated by the investor for the mortgage loan. Serious delinquency is typically defined as 90, 120, or 150 days delinquent (sometimes more), in foreclosure or in REO. Once a foreclosure is “started,” and absent the borrower paying all amounts necessary to halt the foreclosure, the home remains in foreclosure until the completed foreclosure results in the sale to a third party at auction or the home enters the lender’s REO inventory. The foreclosure inventory is measured only against homes that have an outstanding mortgage. Homes with no mortgage liens can never be in foreclosure and are therefore excluded from the analysis. Approximately one-third of homes nationally are owned outright and do not have a mortgage. CoreLogic has approximately 85 percent coverage of U.S. foreclosure data.

The distressed clearing ratio is calculated by dividing the number of REO sales by completed foreclosures. It is a measure of whether the REO inventory is growing or shrinking. The higher the ratio, the faster the REO inventory is clearing.

*About CoreLogic* CoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built one of the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. The Company, headquartered in Santa Ana, Calif., has approximately 5,000 employees globally. For more information, visit www.corelogic.com .

*Source: CoreLogic* The data provided is for use only by the primary recipient or the primary recipient’s publication or broadcast. This data may not be re-sold, republished or licensed to any other source, including publications and sources owned by the primary recipient’s parent company without prior written permission from CoreLogic. Any CoreLogic data used for publication or broadcast, in whole or in part, must be sourced as coming from CoreLogic, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data. If the data is illustrated with maps, charts, graphs or other visual elements, the CoreLogic logo must be included on screen or web site. For questions, analysis or interpretation of the data, contact Lori Guyton at lguyton@cvic.com or Bill Campbell at bill@campbelllewis.com. Data provided may not be modified without the prior written permission of CoreLogic. Do not use the data in any unlawful manner. This data is compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources.

*CORELOGIC and the stylized CoreLogic logo are registered trademarks owned by CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be used without the express written consent of CoreLogic*

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Two-Thirds of U.S. Companies Planning Significant Recruiting in 2012, Survey Says;

*Two-Thirds of U.S. Companies Planning Significant Recruiting in 2012, Survey Says; * *HR Professionals Identify Areas for Improvement in Recruiting and Relocation, Opportunities for Differentiation* 0

CHICAGO, April 30, 2012 /PRNewswire/ — Corporate recruiting is moving into high gear, with two-thirds of HR professionals reporting that they have “extensive” or “moderate” plans for hiring in 2012, according to the *2012 Allied Workforce Mobility Survey*.

Larger companies – with more than 10,000 employees – are more bullish, with 80 percent planning for “extensive” or “moderate” recruiting.

In addition, most HR professionals do not see significant obstacles to relocation in today’s economic environment. Only 6 percent believe that today’s workforce is *not* willing to relocate, and most believe it is “highly mobile” or “somewhat mobile.” Fifty-nine percent reported that the current economic context has had “no impact” on their ability to recruit and hire.

Sponsored by Allied Van Lines, the *2012 Allied Workforce Mobility Survey*captured the voice of 500 HR professionals on critical topics related to workforce mobility. The first set of results, released today, concern recruiting and relocation. Other results will follow on May 21 and June 11. All completed survey results will be available through www.alliedhriq.com.

Today’s survey results suggest a busy, challenging recruiting environment in 2012, with several areas of concern, including high unemployment and a soft real estate market.

And, not all companies are ready for this challenging environment. HR professionals identified weaknesses – or areas for improvement – in many recruiting and relocation programs:

- Many companies lack confidence in their recruiting programs. Fifty-two percent of HR professionals say their recruiting programs are only “somewhat successful.” – The overall rate of recruiting success is not as high as it could be. Even “highly successful” recruiting programs lose one in four choice candidates, and companies in the bottom quartile lose about one in two. – Recruiting incentives, including benefits packages, could be stronger at many companies. HR professionals have low confidence even in the incentives they rank the highest. Only 27 percent rate their healthcare plans a “5″ (on a scale of 1 to 5, with “5″ being strength and “1″ a weakness), and they rate all other incentives even lower. – Relocation packages do not address some key areas, like spousal employment support, which only 2 percent of companies cover in any form. – Companies are not using all the recruiting tools that they could. While “highly successful” recruiting programs make use of a wide range of resources, “somewhat successful” programs scarcely tap into internal recruiters, external recruiters, career fairs or events, and social media.

Taken as a whole, the survey suggests many opportunities for differentiation among companies heading into a competitive recruiting period.

Best-in-class companies are usually larger. They spend more, recruit and relocate more, and cast their nets more widely geographically.

Yet, best-in-class companies are also found among companies with revenues under $1 billion or even under $100 million. About one-third of companies in these categories are best in class in recruiting, according to HR professionals who rated their own programs.

Companies interested in differentiating themselves in recruiting and relocation may consider these findings:

- Recruits in need of relocation have diverse needs, yet most companies do not offer a range of benefits tailored to specific types of recruits (e.g., married with children versus single). Seventy-two percent of programs offer only four of 10 possible relocation benefits listed in the survey. – While 69 percent of HR professionals say that selling a home restricts relocation, only 16 percent of companies offer any form of reimbursement for old home losses. – While 72 percent of HR professionals say children’s plans/schools restrict relocation, only 39 percent of companies offer information on area schools. – Only 38 percent of HR professionals rate social media as a “good” or “excellent” source for recruiting, which suggests these resources are underutilized (or truly not useful).

*About Allied Van Lines*

Established in 1928, Allied Van Lines, Inc., with more than 400 agent locations in North America, is an experienced leader in household goods moving and specialized transportation services. Allied is one of the world’s largest moving companies and one of the established global brands of SIRVA, Inc., a leader in providing relocation services to corporations, consumers and governments around the world. For more information about Allied, visit http://www.allied.com. U.S. DOT No. 076235

*About SIRVA Inc. *

SIRVA Inc. is a leading provider of relocation solutions to a well-established and diverse customer base around the world. The Company handles all aspects of relocation, including home purchase and home sale services, household goods moving, mortgage services, and home closing and settlement services. SIRVA conducts more than 300,000 relocations per year, transferring corporate and government employees in addition to individual consumers. SIRVA’s well-recognized brands include Allied, Allied International, Allied Pickfords, Allied Special Products, DJK Residential, Global, northAmerican, northAmerican International, SIRVA Mortgage, SIRVA Relocation and SIRVA Settlement. More information about SIRVA can be found on the company’s website at *www.sirva.com* http://www.sirva.com/.

SOURCE Allied Van Lines, Inc.

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New Career App Launched

*New Career App Launched* 0 *ACareerJob Introduces App for Job Seekers and Employers*

WATERLOO, ON, May 1, 2012 /PRNewswire/ – Job seekers, warm up your smart phones. Find a potential employer using a new, comprehensive mobile app designed and launched today by ACareerJob www.ACareerJob.net http://www.acareerjob.net/

Is this true, really?? North America’s most efficient yet comprehensive mobile employment application is designed to ensure both the job seeker and the employer receive quality, qualified matches in real time.

“ACareerJob app empowers both the employer and the job seeker throughout the hiring process,” stated John Francis, ACareerJob’s President. “This unique app efficiently refines and focuses the search process saving the company and the individual significant time and resources.”

For employers, ACareerJob’s focused search ensures only qualified professionals whose credentials match the employer’s specified job criteria are connected.

For professionals seeking new employment, ACareerJob’s highly refined job-searching capability directs them to attractive career opportunities that match their defined interests and skill sets.

“ACareerJob’s new technology seamlessly screens and matches candidates with relevant employment opportunities and companies with qualified professionals,” Francis explained. “We’ve eliminated the need to endlessly review resumes. ACareerJob does it quickly, efficiently and effectively.”

ACareerJob is a subsidiary of Theonera Inc. a recruitment, assessment and outplacement firm based outside of Waterloo, ON.

To find out more about ACareerJob and the new technology, contact President John Francis. Follow ACareerJob’s tweets, daily blog and become a FaceBook fan.

SOURCE ACareerJob

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Transaction Prices Decline from March’s Highest Levels While Incentives Keep Declining in April 2012 According to TrueCar.com

*Transaction Prices Decline from March’s Highest Levels While Incentives Keep Declining in April 2012 According to TrueCar.com*

* ** **Transaction Prices Up Over Four Percent; Incentives Up Nearly Six Percent From Last Year* http://photos.prnewswire.com/prn/20110118/LA31413LOGO

SANTA MONICA, Calif., May 1, 2012 /PRNewswire/ — TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,303 in April 2012, up $1,219 (4.2 percent) from April 2011 and down $445(1.4 percent) from March 2012. “Incentives continued to decline for most automakers with the exception of Honda and Toyota as both are vying for recapturing their lost market share from last year,” said Jesse Toprak, VP of Industry Trends and Insights for TrueCar.com. “Ford is now spending less on incentives as a percentage of their average transaction price then Honda.”

*About TrueCar, Inc.* http://www.truecar.com/

TrueCar, Inc. is an online automotive information and communications platform focused on creating a better car buying experience for dealers and consumers. Consumers want a hassle-free car buying experience and dealers want high-quality sales velocity. TrueCar helps achieve these goals by providing unbiased market information on new car transactions and by supplying an online communications platform through which dealers and consumers can communicate with each other. TrueCar’s market-based information provides both consumers and dealers with an accurate and comprehensive understanding of what others actually paid recently for similar vehicles, both locally and nationally. TrueCar’s communications platform then allows informed, ready-to-buy consumers to communicate directly with participating dealers. Some of the nation’s largest and most well respected membership and service organizations rely on websites powered by TrueCar to help educate their members and customers who are in the automotive market. TrueCar is headquartered in Santa Monica, CA, and has offices in San Francisco, CA, and Austin, TX. After experiencing dramatic growth since 2006,* *TrueCar is developing a suite of products and services centered on radical clarity through the comprehensive analysis of market data and information. TrueCar’s participating dealer partners have sold over 500,000 new vehicles to TrueCar users nationwide.

You can follow TrueCar on Twitter http://www.twitter.com/truecar(@TrueCar) and become a fan of TrueCar on Facebook http://www.facebook.com/truecar and Google+.

*Disclaimer*

This press release and the information contained herein is for noncommercial use on “as-is, as available” basis and may be used for informational purposes only. TrueCar makes no representations or warranties, express or implied, with respect to the information contained in this press release and the results of the use of such information, including but not limited to implied warranty of merchantability, fitness for a particular purpose and non-infringement. The information contained in this press release may include technical inaccuracies or typographical errors. Neither TrueCar nor any of its parents, subsidiaries, affiliates or respective partners, officers, or directors, employees or agents shall be held liable for any damages, whether direct, incidental, indirect, special or consequential, including without limitation lost revenues or lost profits, arising from or in connection with your use or reliance on the information presented in this press release.

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AUTOTRADER.COM AND SYFY PARTNER TO UNVEIL A ONE-OF-A-KIND CONCEPT CAR ON TONIGHT’S DREAM MACHIN ES

AUTOTRADER.COM AND SYFY PARTNER TO UNVEIL A ONE-OF-A-KIND CONCEPT CAR ON TONIGHT’S *DREAM MACHINES*Series Stars Marc and Shanon Parker to Create the “AutoTrader.com Dream Machine” Tonight at 10 P.M. EDT on Syfy

*ATLANTA — May 1, 2012 /PRNewswire/ — *AutoTrader.com unveils its ultimate dream custom-made vehicle on *Syfy*’s *Dream Machines*, airing tonight at 10 p.m. EDT. *Dream Machines*, which premiered on April 10, 2012, follows Florida-based brothers Marc and Shanon Parker, owners of Parker Brothers’ Concepts, and their talented crew as they take the most imaginative vehicles ever seen in movies, comic books, and TV shows, and engineer them into on-the-road realities.

“*Syfy* presented us with a very different – and exciting – opportunity to work with the infamous Parker Brothers Concepts and create AutoTrader.com’s ultimate ‘dream machine,’” said Clark Wood, CMO of AutoTrader .com. “*Dream Machines* is an innovative program that captured our imaginations at AutoTrader.com. We enjoyed working with Marc and Shanon – they captured the spirit and love of cars that encapsulates the AutoTrader.com brand and culture. We hope the TV viewing audience is inspired by the car build-out and unveiling tonight on the show.”

The “AutoTrader.com Dream Machine” features clear bullet proof floor boards and a 100% electric motor that can generate up to 500 horsepower. Measuring 160 inches in length, 80 inches in width and 52 inches in height, the custom made vehicle weighs 2,400 pounds and its wheel base is 100 inches.

“Without question, AutoTrader.com was the ideal partner for *Dream Machines*,” said Chris Czarkowski, VP, Advertising Sales for* Syfy*. “Having the exceptionally talented Parker Brothers design and create an imaginative custom concept vehicle for the popular online destination for buying and selling cars was a perfect cross-industry collaboration.”

The unique custom designed vehicle will reside at AutoTrader.com’s headquarters in Atlanta, GA., and will be on exhibit at the upcoming Auto Shows throughout the year.

Additional photos and video footage will be posted to *AutoTrader.com*following tonight’s episode as well as on AutoTrader.com’s Twitter handle, *@AutoTrader_com* https://twitter.com/#!/AutoTrader_com>.

*Dream Machines* is produced by Triage Entertainment with Steve Kroopnick (*Iron Chef America*) serving as executive producer. Steve Nigg (*American Chopper*, *UFO Hunters*) is co-executive producer.

*About AutoTrader.com* Atlanta-based AutoTrader.com, created in 1997, is the Internet’s ultimate automotive marketplace and consumer information website. AutoTrader.com aggregates in a single location millions of *new cars*, *used cars*and *certified pre-owned cars*from thousands of auto dealers and private sellers and is a leading online resource for auto dealers, individuals and manufacturers to advertise and market their vehicles to in-market shoppers. The company also provides a robust suite of software tools for dealers and manufacturers to help them manage and market their vehicle inventory and display advertising on the Internet. AutoTrader.com continues to grow key business metrics, including revenue, profitability and site traffic. Today, AutoTrader.com attracts millions of unique monthly visitors who utilize the site to review descriptions, photos and videos of vehicles for sale; research and compare vehicles; review pricing and specials; and read auto-related content like buying and selling tips and editorial coverage of major auto shows and automotive trends. AutoTrader.com operates one other auto marketing brand, AutoTraderClassics.com. AutoTrader.com also owns used vehicle management software company vAuto, Kelley Blue Book (kbb.com), HomeNet Automotive, a leading provider of online inventory management and merchandising solutions for the automotive retail industry and VinSolutions, a leading provider of end-to-end solution platforms for dealers. AutoTrader.com is a majority-owned subsidiary of Cox Enterprises. Providence Equity Partners is a 25 percent owner of the company and Kleiner Perkins Caufield & Byers is also an investor. For more information, please visit *www.autotrader.com*.

*About Syfy* *Syfy* is a media destination for imagination-based entertainment. With year round acclaimed original series, events, blockbuster movies, classic science fiction and fantasy programming, a dynamic Web site (www.Syfy.com), and a portfolio of adjacent business (*Syfy* Ventures), *Syfy* is a passport to limitless possibilities. Originally launched in 1992 as SCI FI Channel, and currently in more than 98 million homes, Syfy is a network of NBCUniversal, one of the world’s leading media and entertainment companies. (*Syfy*. Imagine greater.)

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The New York Times Announces Strong Circulation Gains

*The New York Times Announces Strong Circulation Gains*

*Weekday Circulation up 73% over March 2011; Sunday up 50%*

*Sunday Home Delivery up by 1.7% over March 2011*

NEW YORK–(BUSINESS WIRE)–May. 1, 2012– For the six-month period ending March 31, 2012, The New York Times saw strong circulation growth according to the just released Audit Bureau of Circulations (ABC) report. Total average circulation, which includes total print and total digital, was 1,586,757 for Monday–Friday and 2,003,247 for Sunday.

The gains in total average circulation over the same period one year ago were 73% for Monday-Friday and 50% for Sunday. These gains can largely be attributed to the popularity of The Times’s digital subscription packages, which launched in the United States on March 28, 2011 and also to new ABC rules on reporting digital circulation.

For the ABC reporting period, total average digital circulation for Monday-Friday was 807,026 and for Sunday it was 737,408. This category of circulation includes all paid and verified digital subscription copies as well as paid subscriptions to replica editions and e-readers including Amazon’s Kindle and the Barnes & Noble NOOK.

The Times saw significant growth in non-replica paid and verified circulation, which is illustrative of the way in which Times subscribers access content across platforms. These averages include and reflect the daily usage of multiple digital platforms by subscribers.

Additionally, for the six-month period ending March 31, 2012, total average print circulation for The New York Times for Monday-Friday was 779,731 and total average print circulation for Sunday was 1,265,839. These figures represent modest declines; -4.5% for Monday-Friday and -1.1% on Sunday, when compared to the same period last year.

However, the inclusion of free all digital access with every print subscription to The Times continues to prove its value in acquisition and retention efforts as Sunday home delivery circulation continues to grow. Sunday home delivery grew by nearly 2% in this latest reporting period, the largest gain in more than five years. And, the group of core print subscribers (subscribers for 2 years or more) to The Times remains a robust 845,000.

Scott Heekin-Canedy, president and general manager, The New York Times said, “This latest ABC statement illustrates the great strength of the overall New York Times brand and our strong performance in the period is a tribute to the success of our digital subscription strategy. In addition, we believe that the new ABC rules have allowed us to offer a true reflection of the actual cross platform usage of our products by our highly engaged group of paid subscribers.”

About The New York Times Company

The New York Times Company (NYSE: NYT), a leading global, multimedia news and information company with 2011 revenues of $2.3 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, NYTimes.com, BostonGlobe.com, Boston.com, About.comand related properties. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

Source: The New York Times

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Jumpstart Automotive Group Announces Organizational Changes, Creates New Audience Performance Group

Jumpstart Automotive Group Announces Organizational Changes, Creates New Audience Performance Group

SAN FRANCISCO–April 25, 2012: Jumpstart Automotive Group, a division of Hearst Magazines and expert automotive integrated sales and marketing organization, today announced a reorganization including the creation of a new *Audience Performance Group* to help enhance advertising performance and efficiency for clients.

“As the media landscape continues to evolve, Jumpstart will have the right infrastructure to successfully manage the increasing complexities of marketing in the automotive industry.”

The Jumpstart Audience Performance Group will be led by industry veteran *Choon Choi*to streamline the company’s Business Development, Publisher Development, Revenue Operations and Technology* *teams to bring innovation to advertising and marketing solutions through the use of advanced technology.

*Choi* now serves as Jumpstart’s *Senior Vice President, Strategy, Business Development and Technology *where he will continue to cultivate strategies and partnerships to strengthen the company’s focus on advertising revenue performance and efficiency. This includes managing a network of *15 premium automotive websites with over 14 million unique users per month*.

Choi, promoted from his recent role as Jumpstart’s Vice President, Strategy andBusiness Development, brings a broad range of executive, business development and start-up experience to his new role.

Prior to Jumpstart, he worked in various strategic planning, business development and multi-channel product marketing roles in entertainment media, e-commerce and consumer retail for companies such as Gap Inc., DeliveryAgent, Chipshot.com, LVMH and Target Corporation. Choi is a graduate of St. Olaf College.

*Aaron Serrao* takes over the role of *Vice President, Audience Development* at Jumpstart. Serrao will guide the publisher development team to continue to strengthen and grow Jumpstart’s audience through strategic product initiatives, businessdevelopment and deeper publisher collaboration. Serrao started in the account management department in 2007 and has spent the past four years working directly with Jumpstart publishers to drive site performance while cultivating the largest, most diverse and engaged auto shopper audience today.

Prior to Serrao’s tenure at Jumpstart, he worked for publishers Village Voice Media and Rivals.com. He holds two degrees in marketing and philosophy from the University of Washington.

*Eve Maidenberg* has been named *Managing Director, San Francisco* in addition to her current role as *Vice President of Marketing and Creative Services*. Maidenberg will spearhead corporate branding efforts and lead a robust people development program to bolster productivity and increase effectiveness of all Jumpstart employees.

Before joining Jumpstart in 2008, Maidenberg worked with traditional and digital media on both coasts. Her robust experience extends across all platforms from print, video, digital and mobile marketing for clients in virtually every business sector, from pharmaceuticals to financial services to automotive and fashion.

“These changes will help us to create a stronger, more nimble and forward thinking organization,” said *Nick Matarazzo*, CEO of Jumpstart. “As the media landscape continues to evolve, Jumpstart will have the right infrastructure to successfully manage the increasing complexities of marketing in the automotive industry .”

*About Jumpstart Automotive Group*

Jumpstart Automotive Group, a Hearst Media Services company, is an expert automotive marketing organization. It represents the broadest and most diverse audience of in-market car shoppers and influencers across 15 automotive websites that include Vehix, Consumer Guide Automotive, JD Power Autos, Car and Driver, Road & Track, NADAguides, CarSoup, U.S.News Autos, HybridCars, CarGurus, TrueCar, PlugInCars, Overstock Cars, Leftlane and EveryCarListed. Fueled by a passion for performance, Jumpstart Automotive Group is committed to the development of quality content and services for consumers and to maximizing publisher revenue and advertiser results through innovative products and services. Jumpstart is at the forefront of behavioral targeting, research and strategic insights products. For more information, visit *Jumpstart Auto *.

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DoApp Creates New Standard for Information Delivery

*Mobile Local News Publishing Platform Creates a New Standard for Information Delivery

MINNEAPOLIS, MN, April 26, 2012 – DoApp has released a completely redesigned interface for their Mobile Local News platform. Mobile Local News easily enables any organization (newspapers, TV news stations, bloggers, universities, teams, etc.) to deliver their content on mobile in 30 days or less. Over 200 media organizations and content providers representing over 2,000 apps use Mobile Local News on iPhone, iPad, Android, Windows Phone, Blackberry and mobile web.

The redesign includes many suggested enhancements from readers. They will immediately notice a photo-rich, easy to navigate interface. The new, scrolling “News Ticker” feature can be used for breaking or featured stories. Weather has been completely updated including a new “dashboard” allowing for a quick view of local, geo-based temperature and forecasts as well as a new weather radar.

“Our main focus for the redesign was making the interface even more intuitive for the reader,” states Mobile Local News app designer, Jim Kozlowski. “We have taken the great features in the previous design and made them even better: more photos, ability to enlarge text and photos, swiping between articles, as well as many app performance upgrades so stories load quicker.”

Features from previous releases are also available, including: sharing articles by email, Facebook & Twitter, the ability for readers to submit content and photos, integrated local weather and traffic, push notifications for breaking news and weather, Adagogo mobile ad platform integration as well as app use metrics and statistics.

“The initial response to our new design has been tremendous,” says DoApp CEO, Wade Beavers. “News organizations that use Mobile Local News have reported significant gains in the number of articles read on their readers’ mobile devices as well as an uptick in the time spent using the app. We have also received reviews from our users who have noticed a great improvement in the quality of the apps.”

The redesign of Mobile Local News represents a significant update and highlights DoApp’s goal of creating the easiest and most usable mobile apps for customers and end users.

Mobile Local News: mobilelocalnews.com

About DoApp®, Inc. Founded by former Google employee Joe Sriver in 2008, DoApp is a pioneer in mobile technology. DoApp creates mobile applications for the world’s most popular mobile platforms in both business and consumer markets. Based out of Minnesota, DoApp’s portfolio includes the world’s largest mobile solution for delivering content, Mobile Local News, and Adagogo, DoApp’s mobile ad network. DoApp is at the forefront of mobile technology. Visit doapps.com*

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