PALO ALTO, Calif.

NewsStand Releases iSite Unique Electronic Edition Integration with Publisher Websites

About NewsStand, Inc.

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Cooley was recently named to The American Lawyer magazine's 2005 "A List,"
the publication's annual ranking of "the best of the best" among the nation's
top law firms.

Media Contact:
Emily Foley
Cooley Godward LLP
650-843-5383
efoley@cooley.

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NewsStand is a privately held company headquartered in Austin,
Texas, with offices in Germany, the United Kingdom and New York City.
Investors include Adams Capital Management, SSM Ventures, Noro-Moseley
Partners, and the New York Times Company.

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For additional information please visit http://www.,
the leading distributor of exact digital replicas of newspapers and
magazines throughout the world, unveiled a new web integration
platform, called iSite(TM), that transforms a publication website into
a portal for electronic editions. is the leading digital partner for premier
publishers of newspapers, magazines and other print media and is
included in the eContent magazine list of Top 100 Companies for 2003
and 2004 .

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A website visitor can subscribe
or purchase a single copy and instantly launch the current edition to
begin reading one article or browse though an entire issue.

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About Cooley Godward
Cooley Godward is an established provider of strategic litigation and
business transaction services and a recognized leader in the representation of
high-growth private and public companies, financial institutions, venture
capital firms and nonprofit organizations."
NewsStand's iBrowse reading technology, coupled with iSite
integration, simplifies electronic edition access and provides
contextual linking to online special features.

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in a transaction valued at up to approximately $3.
"Keith 's legal skills and negotiating talents were critical to guiding our
clients through these complex , sizeable transactions and we applaud this
noteworthy achievement," said Richard Climan, firmwide head of Cooley
Godward's M+A Group. The
validation, registration and ecommerce processes can be linked to
existing platforms, framed within the primary web navigation or be
executed completely at NewsStand. NewsStand's digital delivery solution makes it possible for
subscribers to access an entire publication in traditional print
format on their desktop or laptop.newsstand.

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Flaum played a lead role on more than 15 deals last year, with a combined
value of more than $16 billion , including eBay Inc.9 billion,
Siebel Systems, Inc.
Now, website visitors never have to leave a publisher's website to
access or read electronic editions, providing a closer interface with
web editorial and advertising content.

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, Cooley Godward today announced
that partner Keith Flaum has been named a Dealmaker of the Year by The
American Lawyer magazine for his significant mergers and acquisitions
achievements in 2005.

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Cooley Partner Named a Dealmaker of the Year for M+A Achievements

4 billion. The iSite system provides all the
functionality needed to enable electronic edition delivery right from
the home page while retaining the publication brand. "We will continue to enhance both
services in order to bring added value to both the publisher and the
reader.

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's purchase of Skype
Technologies S."
Flaum focuses his practice on mergers + acquisitions, representing both
public and private companies in a broad range of industries, primarily in the
information technology and life sciences sectors.com

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com

INTERVIEWS AVAILABLE UPON REQUEST

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He was also recently named
a 2005 "Attorney of the Year" by California Lawyer magazine.

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's sale to Oracle Corporation in a transaction valued at
approximately $5. Currently, the company has over 200 titles under contract
and has delivered over 87 million issues to users in more than 120
countries.

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In the eBay transaction, he
successfully negotiated and helped to structure one of the largest and most
complex "earn outs" in history.

Publishing Writers/Business Editors /High-Tech Writers

AUSTIN, Texas----NewsStand, Inc. NewsStand not only offers an
entirely new reading experience for the global community, but also
creates innovative marketing opportunities for both publishers and
advertisers. For more information, please
visit www.

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" He is also included in Chambers USA, Leading Lawyers
for Business as a leading Northern California M+A lawyer.com.

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The American Lawyer is the legal industry's leading
monthly magazine.A.8 billion and Adobe Systems' acquisition of Macromedia in a
transaction valued at approximately $3. The publication image
and brand are leveraged throughout the reading experience.

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"2005 was an extremely robust year for the entire M+A
team at Cooley and this recognition is a fitting tribute not just to Keith but
also to the other members of the M+A Group, whose efforts contributed to
making the past year a great success. Our singular focus on providing
the highest quality legal services has enabled our clients to achieve their
strategic business objectives and garnered for Cooley recognition as one of
the country 's leading law firms.

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"iSite and iBrowse(R) represent significant steps forward in the
usability of digital publications and their integration into
publishers' web sites," commented Kit Webster , president and chief
executive officer of NewsStand.

NewsStand, Inc.

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In 1999 he was
recognized by California Law Business as one of the "Top 20 California Lawyers
Under the Age of 40.

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cooley.