PlanetOut expects to
close this transaction in
March 2006, subject to the satisfaction of
regulatory and business requirements, and expects it to
be immediately
accretive.
RSVP, a privately held company based in Minneapolis with 12 employees
,
posted $7.'s powerful demographic through what we believe
to be the world's largest audience
of gays and lesbians anywhere creates
opportunities for RSVP to offer even more people in our worldwide
community
the chance to experience the best vacation of their lives, with more options,
more destinations
and an expanded schedule of RSVP tours, cruises and events
as a part of PlanetOut," said Paul Figlmiller
, president, RSVP."
PlanetOut plans to report its fourth-quarter fiscal 2005 financial results
on Feb. is the leading global media and entertainment company
exclusively serving the lesbian
, gay, bisexual and transgender (LGBT)
community.com); and, HIVPlus
(http://www.us. The site generated
103,000 page views, prior
to the tournament's first match.S. online coverage of Copa Oro.
For those who may have missed one of soccer's memorable moments and for
those who simply want to
relive and relish the play, or even to purchase your
favorite team's jerseys from the CONCACAF online
store, the Copa Oro web
content is still posted at Terra.A.com, Azeler.
who lesbian
0 million in
additional
consideration based on achievement of certain financial performance
targets for 2007 and 2008.2 million
in revenue in 2004 and $8.
This acquisition substantially increases PlanetOut's position in the
$65
billion gay and lesbian travel market*, as estimated by research firm
Community Marketing
, Inc. magazine properties The Advocate, OUT and Out Traveler in combination
index 2.
"Access
to PlanetOut Inc.
PlanetOut expects to close the transaction late in the first quarter of 2006.
PlanetOut
brands also include The Advocate (http://www.com), as well as other publishing, direct marketing and
e-commerce properties, including Alyson Publications, SpecPub, Inc. Such factors include,
among
others, the company's limited operating history and variability of
operating results; the company
's ability to attract and retain subscribers and
advertisers; the company's ability to integrate the
acquired assets of RSVP;
competition; timing of product launches; and the company's dependence on
technology infrastructure and the Internet.
* Community Marketing, Inc. extrapolated five
percent (based on the
national population figures) of the annual $1.
Terra has covered Liga
Mexicana coverage for the last five years.forums webring
com, the number one
site for reaching single men earning
more than $150,000 who take cruise
vacations, as well as, The Advocate, OUT and The Out Traveler
, which combined
index 2. PlanetOut will extend a bridge loan of up to $1.3 million in revenue for
the
first nine months of 2005.
Destinations in 2006 include the Caribbean, Central America, the
Czech
Republic, Austria, Hungary, Ireland, Mexico, French Polynesia, Peru and
Thailand.advocate
. Additional information concerning
factors that could affect PlanetOut's future business and financial
results is
included in the company's Annual Report on Form 10-K for the year ended
December 31
, 2004 and other public filings filed from time to time with the
Securities and Exchange Commission
(SEC), which are available at the SEC's
website at http://www.S. This
coverage continues following
Terra Networks USA's exclusive Web site coverage
of the Copa Oro (Gold Cup(TM)) soccer tournament
that featured a record number
of 25 matches in six cities across the United States.terra.webring bisexual
com,
as
well as the travel magazine, The OUT Traveler.3
times the average for people who take more than nine
foreign trips per year,
according to The Advocate/OUT 2005 MRI Custom Study (Index: Spring 2004 U
.
Established in 1985, RSVP was the originator of the gay and lesbian cruise
concept, and offers
distinctive travel packages designed for gay and lesbian
travelers. PlanetOut, based in San Francisco
with additional
offices in New York, Los Angeles, London and Buenos Aires, offers FORTUNE 1000
and
Global 500 advertisers access to what it believes to be the most extensive
network of gay and lesbian
people in the world.
Forward-Looking Statements
In addition to the historical information
contained herein, this press
release contains forward-looking statements, including the impact of
PlanetOut's acquisition of RSVP, as well as statements containing the words
"believes," "anticipates
," "expects," and similar words.com was on the English version of the site, fueled by both bilingual
Hispanics as well as non-Hispanic soccer enthusiasts that logged on to the
only U. Terra.com,
Invertia.m4m men
5 million in cash plus up to $3. The company is among the world's largest and most
respected
gay and lesbian tour operators and marketers offering distinctive
travel packages, including big
and small ship cruises, riverboat cruises, land
tours and resort vacations geared toward a gay and
lesbian audience. A pioneer
in the travel industry since 1985, RSVP has hosted more than 80,000 guests
from all over the world. "RSVP is an excellent
strategic fit for PlanetOut, giving us an additional
platform to serve the
varied needs of the LGBT community. PlanetOut
Inc.5 times the average for
people who take foreign cruises, 3.hivplusmag.
The most popular game, based on online
traffic
, was the Mexico vs.
gay are
's broad and deep reach through its media
properties, customer lists
and capital resources to fuel RSVP's growth.
(Nasdaq: LGBT), the leading media and entertainment
company exclusively
serving the lesbian, gay, bisexual and transgender (LGBT) community, today
announced
that it has signed a definitive agreement to acquire substantially
all of the assets of RSVP Productions
, Inc.com and PlanetOut. The acquisition leverages our existing
travel media assets, established LGBT
audience, customer lists and capital
resources to fuel RSVP's growth. More than 80,000 men and women
have participated in RSVP's big and
small ship cruises, riverboat cruises, land tours, and resort
vacations. For more information, please visit http://www.com,
Kleptomaniac.outtraveler. "We have
built an online community that follows all the major
soccer tournaments including the current Mexican
Soccer League
(http://www."
Sports has always been one of Terra's strengths, providing the
richest and
most complete and exclusive coverage for premier vehicles, teams and
tournaments.
Those numbers increased dramatically
during the July play-offs with 600,000 unique visitors to the
Copa Oro site
and more than 1,520,000 page views.es, Educaterra.com, DeRemate.com, OneTravel. Terra
Networks S.lesbian men
Leverages Reach of PlanetOut Media Properties to Fuel Business Growth Into
Significant Gay and Lesbian Travel Market
- Purchase price of $6.
- Expands PlanetOut's footprint in the estimated $65-billion-a-year gay
and lesbian travel market
.com members are six times more likely to travel and 10
times more likely to go on a cruise than the
average Internet user. PlanetOut's brands include Gay.3 trillion U.Terra.com Scores Another Goal Among
Soccer Fans
com/deportes/futbol/mexico), Copa Libertadores
(http://www.com/libertadores2005) and
The Road to World Cup. Terra's wide
network of sites includes: Atrea.lesbian society
0 million in
additional
consideration based on achievement of certain financial performance
targets for 2007 and 2008.
- Further diversifies and balances PlanetOut's revenue mix among
advertising, subscription
and transaction businesses.
- Leverages PlanetOut Inc.5 times the average for people who
take cruises and 6.3 times the
average for people who take more than nine foreign trips per year
."
PlanetOut Inc.
About PlanetOut Inc.com site, in English, French, German, Italian
, Portuguese and Spanish.planetoutinc.com is currently the
official site for two of the world's top
soccer clubs, Real Madrid and FC
Barcelona. has its headquarters in
Barcelona and numerous operating
centers throughout the world.chats forums
- Addresses advertisers' desire to target the gay and lesbian
market with
multi-media, multi-platform marketing and sponsorship programs.
SAN FRANCISCO
, PlanetOut Inc.4
million to RSVP, which will be repaid upon closing, and will also reimburse
RSVP
for approximately $300,000 of expenses at closing. RSVP joins PlanetOut and its established audience
of
LGBT travelers served by PlanetOut's award-winning travel content, including
dedicated travel
channels on its flagship Web sites Gay.
As a result, PlanetOut will reflect the post-closing portion
of RSVP's 2006
financial performance on its 2006 financial statements. Liga Mexicana Launches
on Heels of Copa Oro Record Online Turnout
CORAL GABLES, Fla., For faithful sports
enthusiasts
who follow their favorite teams religiously, Terra.
About Terra Networks S.com
and Uno
-e.men gay
5 million in cash plus up to $3.
- Connects RSVP's trusted gay and lesbian travel marketing
platform with
PlanetOut's online and print properties, including Gay.
PlanetOut Inc.com);
Out
(http://www. For more information, please
visit http://www. Such forward-looking
statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results
, performance or achievements of the company
to differ materially from any future results, performance
or achievements
expressed or implied by such forward-looking statements.terra. During
the games
, Spanish was the preferred language by 60 percent of the traffic.com/copaoro2005.soccer gay
RSVP further bolsters
our competitive
position with a growing family of trusted brands that address the desire of
our
core audience to connect with one another, to be enriched by rewarding
experiences and to build community
. property Gay.com is the number one site for reaching single
men who take cruise vacations and earn
more than $150,000 per year, according
to media research firm @Plan (Spring 2005).5 times the
average
for people who take more than nine domestic trips per year and 6. "Among these
opportunities are
tours, where both gays and lesbians, as well as their
families and friends, can come together for
life-enriching travel adventures.com begins
detailed coverage, today, of the Liga Mexicana (Mexican
Soccer League).com,
Ifigenia.com, Rumbo.bisexual who
PlanetOut Inc. Agrees to Acquire RSVP Vacations
Moreover
, according to @Plan
(Spring 2005), Gay.
Adults).com, PlanetOut. For example, Copa Oro site attracted
more than 35,000 sports
fans for pre-game coverage and exchange of information in the six weeks
leading
up to the games' start.com, Maptel.com among others. It trades on
the Spanish Stock Exchange (TRR
) and on the Nasdaq (TRLY).webring chats
(RSVP), a leading marketer of gay
and lesbian travel events, for $6. RSVP
is headquartered in Minneapolis and is marketed through travel
agencies dedicated to the gay and
lesbian community as well as through direct
sales.rsvpvacations.com.sec.gov. As with
Copa Oro
, Liga Mexicana coverage on the Terra sports channel will feature a
live score ticker, extensive photo
gallery, calendar of events, news articles,
forums and even video clips.
"Due to our back
-to-back soccer coverage, Terra is becoming the King of
Copas, to soccer enthusiasts of all ethnicities
," said Dennis Seda, Terra's
chief editor. And, we
expect heavy traffic to tune in for World Cup
2006 and Copa Confederacion in-
depth coverage.A.forums society
"The acquisition of RSVP, a strong, versatile
and trusted LGBT travel
brand, will advance our strategy of building a diversified media,
entertainment
and lifestyle company by offering our online and print audience
a suite of compelling products and
services," said Jeff Soukup, executive vice
president and chief operating officer, PlanetOut Inc
.S. 14, 2006, and expects to provide its business outlook for the first
quarter, including the estimated
financial impact of the RSVP acquisition.
About RSVP Productions, Inc.com.com, and OUT+ABOUT
Travel, as well as localized versions of the
Gay. and
Triangle Marketing Services. travel industry
as stated by the Travel Industry Association of America. More than 53 percent of the overall traffic
on Terra. Jamaica match that took place in Houston.
Terra is a leader in Spain and Latin America
in the three principal areas
of its business operations: access, portal and value-added services
. Terra's
network of sites spans Spain, Latin America and the Hispanic market of the
United States
, and, via Lycos Europe, has a presence in Europe.men fans
Working overtime to stay the Web's best reference!
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