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.
"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
.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). 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.
"Access to PlanetOut Inc.
Destinations in 2006 include
the Caribbean, Central America, the Czech
Republic, Austria, Hungary, Ireland, Mexico, French Polynesia
, Peru and
Thailand.com, PlanetOut.hivplusmag. For more information, please
visit http://www.
"It's an honor to be recognized by a community of your peers," said Lowell
Selvin, chairman and
CEO of PlanetOut Inc. Gay.S.
community elders
- Expands PlanetOut's footprint in the estimated $65-billion
-a-year gay
and lesbian travel market.
RSVP, a privately held company based in Minneapolis
with 12 employees,
posted $7.
Adults). More than 80,000 men and women have participated in RSVP
's big and
small ship cruises, riverboat cruises, land tours, and resort vacations.com, and OUT+ABOUT
Travel, as well as localized versions of the
Gay.
connecting lesbian
rsvpvacations. 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. Garry, GLAAD
executive
director. Previous honorees
on POWER UP's list include Ellen DeGeneres and Rosie
O'Donnell.com.Internet webrings for the worldwide gay, lesbian, and bisexual elders community.
by sites
2 million
in revenue in 2004 and $8. property Gay.com members are six times more likely to travel and 10
times
more likely to go on a cruise than the average Internet user.5 times the average for people who take
foreign cruises, 3. 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.
(Nasdaq: LGBT), a
global online media company serving the lesbian, gay,
bisexual and transgender community, recently
won a prestigious GLAAD Media
Award from the Gay + Lesbian Alliance Against Defamation (GLAAD), coming
on
the heels of recognition from three other organizations: Congregation Kol
Ami, the International
Academy of Digital Arts and Sciences and POWER UP.by lesbian
(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. 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.
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.S. The company serves its growing base of more than 3.primetimers their
's broad and deep reach through its media
properties, customer lists and capital resources to fuel RSVP's growth.'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.
About PlanetOut
Inc. travel industry
as stated by the Travel Industry Association of America. Whether
we're presenting
the latest Hollywood gossip, cutting-edge commentary,
breaking news, or the hottest new music downloads
, we aim to be accessible and
relevant to the broadest possible audience.
PlanetOut Inc. PlanetOut
, based in San Francisco,
offers FORTUNE 1000 advertisers access to what it believes to be the most
extensive network of gay and lesbian people in the world.com consistently
ranks in the top five
, among all Web sites measured, for average time spent at
home online per visitor in the U.men forty
PlanetOut
will extend a bridge loan of up to $1. "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 and Gay. is a leading global online media company offering consumer
services, news and entertainment
to the lesbian, gay, bisexual and transgender
(LGBT) community.webrings rings
Leverages Reach of PlanetOut Media
Properties to Fuel Business Growth Into
Significant Gay and Lesbian Travel Market
- Purchase price of $6.
PlanetOut expects to close the transaction late in the first
quarter of 2006.com site, in English, French, German, Italian, Portuguese and Spanish.
PlanetOut
brands also include The Advocate (http://www.com.sec.lesbian internet
(RSVP), a leading marketer of gay
and lesbian
travel events, for $6.
This acquisition substantially increases PlanetOut's position in the
$65
billion gay and lesbian travel market*, as estimated by research firm
Community Marketing,
Inc.com.com,
Kleptomaniac.advocate.men over
- Further diversifies and balances PlanetOut's revenue
mix among
advertising, subscription and transaction businesses.
- Connects RSVP's trusted
gay and lesbian travel marketing platform with
PlanetOut's online and print properties, including
Gay. A pioneer
in the travel industry since 1985, RSVP has hosted more than 80,000 guests
from
all over the world.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. 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.
"I couldn't be more proud of what we do at PlanetOut
, and I'm gratified
that Jenny and the rest of our team of editorial and programming professionals
have been recently honored for their work," said Beth Callaghan, PlanetOut
editor-in-chief and
senior director of programming."
About PlanetOut Inc.5 million
active members worldwide
through a comprehensive group of branded businesses
featuring diverse chat, news, entertainment,
travel, dating, personal finance,
career, shopping and community services at Gay.web men
5 times the average
for people who take cruises and 6. 14, 2006, and expects to provide its business outlook for the first
quarter, including the estimated financial impact of the RSVP acquisition.
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 Inc.PlanetOut Inc. Garners Several
Honors for Its Pioneering Efforts
She is also the creator and driving force
behind RockOut
, the first-ever online music channel to spotlight and
highlight up-and-coming gay and lesbian
musicians. For more information, please visit http://www.primetimers web
3 times the
average for people who take
more than nine foreign trips per year.com and PlanetOut. RSVP is headquartered in Minneapolis and is
marketed through travel
agencies dedicated to the gay and lesbian community as well as through direct
sales. For more information, please visit http://www.
-- Stewart is the industry insider
for the Entertainment channel on
PlanetOut.primetimers web
PlanetOut Inc. Agrees to Acquire RSVP Vacations
3 million in revenue for the
first nine months of 2005.men lesbians
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. Moreover, according to @Plan
(Spring 2005), Gay. extrapolated five
percent (based on the
national population figures) of the annual $1.com.com and OUT+ABOUT Travel
.web internet
SAN FRANCISCO, PlanetOut Inc.5 million in cash plus up to $3.com,
as well as the travel
magazine, The OUT Traveler.com); Out
(http://www.gov.
-- PlanetOut was recognized as
"Webby Worthy" by the International Academy
of Digital Arts and Sciences for "demonstrating
a high standard of
excellence with its Web site and the team behind it.
webrings lesbian
0 million in
additional
consideration based on achievement of certain financial performance
targets for 2007 and 2008.
- Leverages PlanetOut Inc. 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. "RSVP is an excellent
strategic fit for PlanetOut, giving us an additional platform to
serve the
varied needs of the LGBT community. "Acknowledgment from these varied
organizations
serving LGBT, media and faith groups, helps show we're on track
in our mission to connect, enrich
and illuminate the lives of gay and lesbian
people everywhere.
-- PlanetOut's Entertainment
Editor Jenny Stewart made the 2005 list of
the "10 Amazing Gay Women in Showbiz," as announced
by POWER UP
(Professional Organization of Women in Entertainment Reaching Up), a
non-profit group which recognizes contributions by lesbians to the
field of entertainment
., according to Nielsen//NetRatings' Loyalty
Stickiness Report.planetoutinc.over forty
The acquisition leverages
our existing
travel media assets, established LGBT audience, customer lists and capital
resources
to fuel RSVP's growth. is the leading global media and entertainment company
exclusively serving
the lesbian, gay, bisexual and transgender (LGBT)
community. PlanetOut's brands include Gay.3 trillion
U. received the Barbara Gittings Memorial Award, which honors individuals
and media outlets in the
LGBT community that have made a significant
contribution to improving the image of gays and lesbians
in the media.
In addition to the GLAAD Media Award, PlanetOut recently received
recognition
from several other sources, including:
-- Congregation Kol Ami honored PlanetOut Inc. "At
PlanetOut, we seek to
cut a wide swath across the cultural and political issues that are both
vitally
interesting and crucially important to our community at large.
over forties
PlanetOut
Inc.planetoutinc
. with the Shomer Tzedek
(Guardian of Justice) Award. The progressive Los Angeles-based Reform
congregation, which builds on the traditions of Judaism while
respecting and welcoming
everyone including lesbian, gay, bisexual,
straight, and interfaith couples, recognized PlanetOut
for its historic
accomplishments, commitment and support of the LGBT community.forties worldwide
- Addresses advertisers' desire to target the gay and lesbian market with
multi-media, multi-platform
marketing and sponsorship programs.0 million in
additional consideration based on achievement of
certain financial performance
targets for 2007 and 2008."
PlanetOut Inc.S.outtraveler.com
), as well as other publishing, direct marketing and
e-commerce properties, including Alyson Publications
, SpecPub, Inc.com, PlanetOut.internet society
5 million in cash plus up to $3.4
million to RSVP, which will be repaid
upon closing, and will also reimburse
RSVP for approximately $300,000 of expenses at closing. and
Triangle Marketing Services. 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.forties sites
As
a result, PlanetOut will reflect the post-closing portion of RSVP's 2006
financial performance on
its 2006 financial statements.
About RSVP Productions, Inc.com); and, HIVPlus
(http:/
/www. GLAAD and Other Prestigious Organizations Recognize Both Team and Individual
Contributions
SAN FRANCISCO, PlanetOut Inc.web worldwide
"
PlanetOut plans to
report its fourth-quarter fiscal 2005 financial results
on Feb.
* Community Marketing
, Inc."
At the 16th Annual GLAAD Media Awards, June 11 in San Francisco, PlanetOut
Inc.
"GLAAD is honored to recognize PlanetOut for facilitating the exchange of
news and activism opportunities
that catalyzes our movement; for providing a
safe space where a person can discover for the first
time that our community
exists; and for harnessing the Internet's potential in a way that adds
strength
and energy to LGBT media," said Joan M." Of the more than
4,000 entries submitted to the
9th Annual Webby Awards, fewer than 20
percent were deemed "Webby Worthy," which signifies
excellence in Web
design, creativity, usability and functionality.com,
Kleptomaniac.by sites
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