com and PlanetOut.
About PlanetOut Inc. 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
.S.
It is a self-advised, self-
managed specialty housing company focused on providing
housing to college and
university students residing off-campus and to members of the U.gay culture
PlanetOut
Inc. Acquires RSVP Vacations
5 million in cash plus up to $3. Not only does the acquisition connect
RSVP's
trusted gay and lesbian travel marketing platform with PlanetOut's print
properties, it
also addresses advertisers' desire to target the LGBT market
with multi-media, multi-platform marketing
and sponsorship programs.planetoutinc. The purchase price included the placement of approximately
$31."
GMH Communities Trust (http://www.colleges universities
A pioneer in the travel industry
since 1985, RSVP
has hosted more than 80,000 guests from all over the world.com); Out
(http://www. travel industry
as stated by the Travel Industry Association of America.S.college student
Planned destinations in 2006 include the
Caribbean, Central America, the Czech
Republic, Austria, Hungary, Ireland, Mexico, French Polynesia
, Peru and
Thailand. RSVP is headquartered in Minneapolis and is marketed through travel
agencies
dedicated to the gay and lesbian community as well as through direct
sales.com); and, HIVPlus
(http://www.gay pride
(RSVP), a leading marketer of gay and
lesbian travel events, for $6.advocate.
, GMH Communities
Trust (NYSE: GCT) announced today that its student housing division, College
Park Communities, has acquired Jefferson Commons, a 288 unit/792 bed Class A
student housing property
, for a purchase price of approximately $51.
The property serves the California State University located
in Sacramento,
California and was previously identified as a property under letter of intent
in
the Company's final prospectus relating to its recent initial public
offering.
society culture
is the leading global
media and entertainment company
exclusively serving the lesbian, gay, bisexual and transgender (LGBT
)
community.3 trillion
U. In addition, I look forward to
continuing to work closely with Miles
. Miles has played an integral role in
the development and operations of our student housing business
for the past
eight years and has an exceptional level of industry experience. military
residing
at installations throughout the country.communities mexico
com. NEWTOWN SQUARE, Pa.gmhcommunities.Information and resources
for the Gay, Lesbian, and Bisexual communities of North America.
resources bisexual
outtraveler. 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. We are a
self-advised, self-managed, specialty housing company
focused on providing
housing to college and university students residing off-campus and to members
of the U.universities culture
(Nasdaq: LGBT), the leading media and entertainment company exclusively
serving the
lesbian, gay, bisexual and transgender (LGBT) community, today
announced that it has completed its
planned acquisition of substantially all
of the assets of RSVP Productions, Inc.GMH Communities Trust
Announces Resignation of Joseph Coyle
military and their families residing on or near bases throughout
the United States. GMH Communities also
provides property management services to third party
owners of student
housing, including colleges, universities, and other private owners.pride travel
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's brands include
Gay.'s extrapolation of five
percent (based on the national population figures) of the annual $1
.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements
in this press release regarding GMH Communities Trust's
business which are not historical facts are
"forward-looking statements" that
involve risks and uncertainties. NEWTOWN SQUARE, Pa." These
forward-looking statements are subject to risks and uncertainties that could
cause our future
results, performance or achievements to differ significantly
from the results, performance or achievements
expressed or otherwise implied
by such forward-looking statements.mexico college
For more information, please
visit http://www.rsvpvacations.com,
Kleptomaniac.com site, in English, French, German, Italian, Portuguese
and Spanish.com), as well as other publishing, direct marketing and
e-commerce properties, including
Alyson Publications, SpecPub, Inc. For more information, please
visit http://www.
Note:
The estimated $65-billion-a-year gay and lesbian travel market
projection is based on Community
Marketing, Inc., GMH Communities
Trust (NYSE: GCT) today announced that Joseph M.
Orth, III,
who has been responsible for College Park's operations since
October 2004, has been promoted to the
position of Executive Vice President
and will continue to manage the day-to-day operations of this
division. "I look forward
to beginning the next phase of my life and career and wish all the people
at
GMH continued success in the future.S.culture travel
RSVP joins PlanetOut and its established audience
of LGBT consumers served
by the company's award-winning travel content, including dedicated channels
on
its flagship Web sites Gay.com, and OUT+ABOUT Travel, as well as localized versions of the
Gay
. and
Triangle Marketing Services. 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
.gmhcommunities.gay bisexual
0 million in
additional consideration based on achievement of certain financial performance
targets for 2007 and 2008.
RSVP 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
. GMH Communities also provides property management services
to third party owners of student housing
properties, including colleges,
universities, and other private owners.
travel communities
The property
is a newly-developed luxury student housing community located
within a mile of the University with
resort-style amenities including a
swimming pool and spa, state-of-the-art fitness center, video
library,
internet connectivity in every bedroom, fully furnished units, sand and
basketball courts
and a student services center. Forward-looking statements speak only as
of the date on which they
are made, and we undertake no obligation to update
publicly or revise any of the forward-looking
statements.destinations culture
com, as well as the travel
magazine, The OUT Traveler.
About RSVP Productions
, Inc.sec.gov."
Mr.GMH Communities Trust Announces Acquisition of Luxury Student Housing Property
Serving California State University in Sacramento
colleges universities
More than 80,000 men and women have participated
in RSVP's big and
small ship cruises, riverboat cruises, land tours, and resort vacations.hivplusmag
. Mr.
"I am thankful for the opportunity to have worked with the tremendous team
of employees
at GMH Communities Trust," commented Mr. Coyle."
About GMH Communities Trust
GMH Communities
Trust (http://www.com) is a
publicly-traded Maryland real estate investment trust (REIT).4
million
in new fixed-rate debt.pride student
com, PlanetOut. Holloway stated, "We appreciate the contributions Joe has made
to the
Company.
Commenting on the transaction, Joseph M. Coyle, President of the Company's
student housing division, said, "This acquisition is a tremendous complement
to our existing portfolio
and is consistent with our long-term growth strategy
to acquire properties that meet our acquisition
criteria and enhance portfolio
diversification by geography and university segment. The
Company
is based in Newtown Square, PA and employs approximately 1,200 people
throughout the United States
.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements
in this press release that express the current beliefs and
expectations of our management are "forward
-looking statements.college culture
Acquisition Substantially Increases PlanetOut's Position in the Estimated
$65 Billion Gay and Lesbian Travel Market
SAN FRANCISCO, PlanetOut Inc.
PlanetOut brands also include The Advocate (http://www.com. We are pleased that he will continue
to serve as a consultant, and we
wish him much success in his future endeavors. For a discussion
of such risks and
uncertainties, which could cause actual results to differ from those contained
in the forward-looking statements, see "Risk Factors" in the Company's filings
with the Securities
and Exchange Commission.universities resources
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.
Coyle has resigned his
position as president of College Park Communities, the Company's student
housing
division, to pursue other personal and professional interests.
Coyle will continue to serve as a
consultant to the Company, and Miles W. The Company, based in Newtown Square,
PA, employs more than
1,600 people throughout the United States.4 million.com) is a publicly traded
Maryland real estate
investment trust (REIT).celebrations bisexual
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