Alma Media expands to consumer directory services

Alma Media expands to consumer directory services

ID: 42970

(Thomson Reuters ONE) -


Alma Media Corporation  Press release September 23, 2010 at 10.15 am

ALMA MEDIA EXPANDS TO CONSUMER DIRECTORY SERVICES

Alma Media Corporation will acquire the entire stock of Intermedia Partners Oy
operating in Pori, Finland. Through the acquisition, Alma Media will expand its
business to company directory services aimed at consumers. The online company
directory service Suomenyritykset.fi, developed and operated by Intermedia
Partners, will increase the online service portfolio of Alma Media's regional
and local newspapers and support their growth into even more communal consumer
services that offer a variety of content packages. Information on companies
serving the local community is an essential part of such packages.

- The Finnish online directory market is extremely competitive. We believe we
can successfully challenge the other players in the market by integrating
Suomenyritykset.fi into the online services of our trusted and well-known
regional and local papers. We can get support for marketing the service from the
strong media products of the Alma Media Group, says Petri Hakala, Publisher of
Satakunnan Kansa.

The online company search service Suomenyritykset.fi includes information on
more than 300,000 Finnish companies in approximately 800 industries.
Suomenyritykset.fi is available to everyone requiring company information, free
of charge and without registration. Intermedia Partners employs 20 people at the
moment. The acquisition is not expected to have any effect on personnel. The
parties have agreed not to disclose the transaction price.



For more information, please contact:

Petri Hakala, Publisher, Satakunnan Kansa, tel. +358 10 665 8234



Alma Media in brief

Alma Media is a dynamic media company whose best-known products are the
Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs nearly




3,000 professionals. The company's net sales in 2009 totalled MEUR 307.8 with an
operating margin of 13.5 per cent. Alma Media's share (ALN1V) is listed in the
NASDAX OMX Helsinki Exchange. Read more at www.almamedia.fi.





[HUG#1446292]








This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Alma Media Oyj via Thomson Reuters ONE


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Datum: 23.09.2010 - 09:16 Uhr
Sprache: Deutsch
News-ID 42970
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