LAWRENCEVILLE, Ga., Nov. 15, 2005 (PRIMEZONE) -- Network Communications, the leading publisher of targeted local media serving the real estate and home design markets, today announced that it has purchased Relocating in Las Vegas magazine, providing the publisher an ideal offering to meet the needs of the fastest growing geographic market in the country.
Relocating in Las Vegas provides new residents informative articles on housing, decorating, entertainment, dining, educational opportunities, rental options, golf courses, sports, art, culture, retirement, shopping and travel destinations in the area. The magazine also provides a guide to many of the communities, Realtors(r), builders, retail and service establishments ready to help people before and after they move.
Las Vegas has attracted more than 700,000 new residents in the last 10 years, making it the fastest growing market in the country. Relocating in Las Vegas provides a rich array of content to meet the diverse and abundant needs of people who are in a variety of stages of relocating to the greater Las Vegas area.
"The acquisition of Relocating in Las Vegas magazine enables Network Communications to introduce new Las Vegas residents to local suppliers of all the home and lifestyle products and services they need, before and after relocating," said Adam Japko, president, Network Communications' Home Design Division. "Network Communications is focused on the emergent home design, renovation and related lifestyle decisions that are being made in a growing number of markets across the country. We like relocation titles because we can become a conduit for the local market suppliers and their best new key prospects at the earliest possible stage, when homeowners spend most aggressively on their new homes and lifestyles."
"As Relocating in Las Vegas magazine continues to grow in line with the exploding market it serves, we are pleased to have the title become a part of Network Communications' family of publications. Our magazine will benefit significantly from the expanded resources and deep expertise of this exceptional publisher and its management team," said David Leathers, president and CEO of Showcase Media, seller of Relocating in Las Vegas magazine. "In 2003 Network Communications acquired Kansas City Home and Garden and Relocating in Kansas City from Showcase publications and the deal was tremendously successful for both of our companies. I expect that the Relocating in Las Vegas deal will follow in its tradition."
About Network Communications, Inc.
Network Communications, Inc. is the leading publisher of printed and online real estate information in North America. The company was acquired by Citigroup Venture Capital Equity Partners in January of 2005. Its magazines are read by over 12 million readers in over 500 markets and deliver more than 1 million leads to advertisers each month. Network Communications' assets, The Real Estate Book(r), Apartment Finder/Blue Book(tm), Mature Living Choices(r), CorporateChoices.com(r), Black's Guide(r), New Home Finder(r), Enclave(tm), Unique Homes(tm), Kansas City Homes & Gardens(tm), Atlanta Homes & Lifestyles, Atlanta Home Improvement, At Home In Arkansas, Relocating in Las Vegas, Colorado Homes & Lifestyles, St. Louis Homes & Lifestyles, Seattle Homes & Lifestyles and Mountain Living, include publications that millions of readers around the country turn to when looking for the latest information about the real estate and home design markets. Online magazine content can be accessed at www.livingchoices.com.