NEWSSTAND
Press Release - October 25, 2004    
 
Contact: For NewsStand, Inc.:
Laurie Pennino, 281-286-9398,
E-mail: lp@penninoandpartners.com
NewsStand, Inc. Announces New International Board of Advisors

AUSTIN, Texas - October 25, 2004 - NewsStand, Inc. has formed a Board of Advisors that includes seven prominent business and academic leaders from the United States, Canada and Switzerland who have extensive experience in all aspects of traditional publishing and new media.


The first conference, held in New York City, with NewsStand’s Board of Advisors covered many angles of the new electronic edition industry. Included in discussions were reasons behind the recent growth of electronic edition readers in both newspapers and magazines and the unique interactive platforms that are now available to tie electronic editions closer to Web content.


“The NewsStand Board of Advisors has contributed valuable strategic insights that will help us maintain leadership in this new industry,” commented Kit Webster, president and chief executive officer of NewsStand. “We are especially interested in their perspectives on how publishers view electronic editions as a part of their overall readership growth and how different pricing models might influence the integration phase of getting audited electronic circulation into traditional publishing budget plans.”


The members of the NewsStand Board of Advisors are:


  • Don Babick - Calgary, Alberta, Canada
    Former president and chief operating officer for Southam Publications; former publisher of National Post - Canada
  • John Holden - New Canaan, Conn.,
    Vice president, American Business Media; Former Business Week Advertising Manager
  • Dr. Wayne Hoyer PhD - Austin, Texas
    Chairman, Marketing Department. University of Texas, Austin; former University of Mannheim, Chair for General Management, Economics and Marketing
  • Larry Kramer - San Francisco, Calif.
    Chairman and chief executive officer of MarketWatch, Inc.; former executive editor of The San Francisco Examiner
  • Patrice Schneider - Ruschlikon, Switzerland
    Chief Investment officer, Media Development Loan Fund – providing capital and tools for sustainable independent media; former general manager of AOL Europe
  • Dr. Christine Urban - Sharon, Mass.
    President of Urban & Associates, a market research and consulting firm serving newspapers and media companies; former faculty member of Harvard Business School
  • Edwin Warfield IV - Baltimore, Md.
    Managing partner of Warfield Capital; former owner/publisher of Baltimore-based legal publishing company; founder of dbusiness.com

About NewsStand, Inc.

NewsStand, Inc. is the leading digital partner for premier publishers of newspapers, magazines and other print media and is included in the eContent magazine list of Top 100 Companies for 2003. NewsStand's digital delivery solution makes it possible for subscribers to download via the Internet an entire publication in traditional print format that can be read offline or online on their computer. NewsStand not only offers an entirely new reading experience for the global community, but also creates innovative marketing opportunities for both publishers and advertisers. Currently, the company delivers and markets over 175 titles to paying customers in more than 120 countries.

NewsStand is a privately held company headquartered in Austin, Texas, with offices in Australia, Germany, New York City and the United Kingdom. Investors include Adams Capital Management, Noro-Moseley Partners, SSM Ventures and the New York Times Company. For more information on NewsStand, please visit www.newsstand.com.

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