Perkins, MA, MDiv.rsvpvacations.advocate
.outtraveler. 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.S.
women worldwide
3 times the
average
for people who take more than nine foreign trips per year. 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.
"Access to PlanetOut Inc.'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
expects to close the transaction late in the first quarter of 2006. is the leading global media and
entertainment company
exclusively serving the lesbian, gay, bisexual and transgender (LGBT)
community
.Internet webrings for the worldwide bisexual community.
web net
Leverages Reach of PlanetOut Media Properties
to Fuel Business Growth Into
Significant Gay and Lesbian Travel Market
- Purchase price of $6. (RSVP), a leading marketer of gay
and lesbian travel events, for $6. PlanetOut
will extend a bridge loan of up to $1.
As a result, PlanetOut will reflect the post-closing portion
of RSVP's 2006
financial performance on its 2006 financial statements. travel industry
as stated
by the Travel Industry Association of America.primetimers webrings
PRESS RELEASE Male Center: Pre-Opening Tour +amp; Community
Reception
The acquisition leverages our existing
travel media assets, established LGBT audience
, customer lists and capital
resources to fuel RSVP's growth.
Destinations in 2006 include the
Caribbean, Central America, the Czech
Republic, Austria, Hungary, Ireland, Mexico, French Polynesia
, Peru and
Thailand.net listings
And
Benjamin D., June 7, 2005, 5-7 p.5 million
in cash plus up to $3.
- Leverages PlanetOut Inc.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. and
Triangle Marketing Services.are gay
2 million in revenue in 2004 and $8.
Adults).com
, and OUT+ABOUT Travel, as well as localized versions of the
Gay.listings navigation
14, 2006, and expects to provide
its business outlook for the first
quarter, including the estimated financial impact of the RSVP
acquisition.community are
's broad and deep reach through its media
properties, customer lists and capital resources
to fuel RSVP's growth.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). For
more information, please visit http://www. 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.who resources
S.bisexual listings
PlanetOut Inc. Agrees to Acquire RSVP Vacations
"RSVP is an excellent
strategic
fit for PlanetOut, giving us an additional platform to serve the
varied needs of the LGBT community
.
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.com), as well as other publishing
, direct marketing and
e-commerce properties, including Alyson Publications, SpecPub, Inc. 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. extrapolated five percent (based on the
national
population figures) of the annual $1.gay forty
WHEN: Tues.
- Expands PlanetOut's footprint
in the estimated $65-billion-a-year gay
and lesbian travel market.com and PlanetOut.
PlanetOut
Inc.com); and, HIVPlus
(http://www.3 trillion U.rings over
- Further diversifies and balances PlanetOut
's revenue mix among
advertising, subscription and transaction businesses.
- Addresses
advertisers' desire to target the gay and lesbian market with
multi-media, multi-platform marketing
and sponsorship programs."
PlanetOut Inc.com); Out
(http://www.gay community
(before Pridelights)
WHERE:
MALE Center
571 Columbus Avenue
(across the street from the Harriet Tubman
House)
Boston, MA 02118
WHY: Boston has the greatest concentration in the
state of people
living with HIV/AIDS who know their HIV status, 30% of 14,811.
Experts estimate that one third of the people living with HIV do
not know their status
, adding another 7,000-9,000 HIV positive
people in Massachusetts who have yet to know their
status.
PlanetOut brands also include The Advocate (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.sec.
resources women
Director, The MALE Center, a program of AIDS Action Committee
WHAT: Tour of and Community
Reception at new Men's Action Life
Empowerment (MALE) Center, a multicultural, intergenerational
community resource center for gay, bisexual, queer, questioning
and same-gender
-loving men in Boston, which begins operating on
June 8. Men who have sex with men are best
-served if
they know how to make and keep themselves and their partners
safe
.0 million in
additional consideration based on achievement of certain financial performance
targets
for 2007 and 2008.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
Inc. "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.
About RSVP Productions, Inc.bisexual primetimers
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.com.
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.net men
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 2.5 million in cash plus up to $3. Moreover, according to
@Plan
(Spring 2005), Gay.
About PlanetOut Inc.planetoutinc.over lesbian
m.4
million to RSVP, which
will be repaid upon closing, and will also reimburse
RSVP for approximately $300,000 of expenses
at closing.
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 2.5 times the
average for people
who take more than nine domestic trips per year and 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
.
are navigation
WHO: Rebecca Haag
Executive Director, AIDS Action Committee of Massachusetts
, Inc.webrings society
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."
PlanetOut
plans to report its fourth-quarter fiscal 2005 financial results
on Feb.com site, in English, French
, German, Italian, Portuguese and Spanish.gay internet
The MALE Center is dedicated to addressing
the high incidence of
HIV/AIDS in greater Boston's gay, bisexual and same-gender-loving
men's communities.
"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. 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
.5 times the average for people who take foreign cruises, 3. More than 80,000 men and women have participated
in RSVP's big and
small ship cruises, riverboat cruises, land tours, and resort vacations.listings gay
0 million
in
additional consideration based on achievement of certain financial performance
targets for
2007 and 2008. A pioneer
in the travel industry since 1985, RSVP has hosted more than 80,000 guests
from all over the world.webrings gay
5 times the average for people who take cruises and 6.
RSVP, a privately held company based in Minneapolis with 12 employees,
posted $7. property Gay. PlanetOut
's brands include Gay.hivplusmag. For more information, please
visit http://www.internet bisexuals
A program of AIDS Action Committee (AAC), MALE Center is funded
by The Centers for Disease
Control and Prevention (CDC) and is
one of Boston's most expansive and comprehensive HIV
/AIDS
prevention projects.
- Connects RSVP's trusted gay and lesbian travel
marketing platform with
PlanetOut's online and print properties, including Gay.
SAN FRANCISCO
, PlanetOut Inc.com,
Kleptomaniac.lesbian navigation
(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.3 million in revenue for the
first nine months of 2005.community net
The MALE Center team thinks it's worth
conversation and
empowering action.com,
as well as the travel magazine, The OUT Traveler
.com, PlanetOut.com.gov.
* Community Marketing, Inc.society done
Working overtime to stay the Web's best reference!
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