AdStar to Power Newspaper Listing Ad-Transaction Services for The Washington Post
June 21 2004 - 9:30AM
PR Newswire (US)
AdStar to Power Newspaper Listing Ad-Transaction Services for The
Washington Post Top Major Daily Expands Relationship With AdStar;
Extends Reverse-Publishing Process With AdStar's Integrated
e-commerce Technology MARINA DEL REY, Calif., June 21
/PRNewswire-FirstCall/ -- AdStar, Inc. (NASDAQ:ADSTNASDAQ:ADSTW), a
leading applications service provider of e-commerce transaction
technology for the advertising and publishing industries, today
announced that it has signed a contract with The Washington Post
(TWP) to power a new online recruitment service. As part of the
agreement, TWP will incorporate AdStar's technology that allows
advertisers to create and schedule their print recruitment
advertisements through an online order entry process. This service
will use AdStar's XML Gateway to integrate into the newspaper's
publishing system. With the help of AdStar's technology, TWP and
washingtonpost.com will offer their advertisers the ability to
purchase both newspaper and online ads in a single transaction
which will take place on washingtonpost.com. The service will offer
advertisers a number of pricing packages for print-only or a
combination of print and online products. "The Washington Post has
used our remote ad entry solution for many years, so we are pleased
that the publication has once again turned to us to help expand its
classified advertising efforts," said Leslie Bernhard, president
and chief executive officer of AdStar. "Our Web-based
ad-transaction technology makes it possible for advertisers that
traditionally only created online recruitment advertisements to
reverse publish their ads to print. While practically every
newspaper offers online ads, the ability to take those ads, and
republish them to print without forcing advertisers to resubmit
them by e-mail, fax, phone or in person, has been a challenge for
all newspapers. We have the technology to eliminate that challenge.
Our services will make it easier for advertisers to reach the vast
audience that faithfully reads The Washington Post and visits
washingtonpost.com for instant access to the latest news and
information." washingtonpost.com is published by
Washingtonpost.Newsweek Interactive (WPNI). The Washington Post and
WPNI are award-winning news, information and entertainment
resources. More than 1 million people receive The Washington Post
each Sunday while the online version of the publication is
considered the number one major national news site for an affluent,
educated and influential audience and has than 5.8 million unique
visitors each month. Both The Washington Post and WPNI are
divisions of The Washington Post Company. About AdStar, Inc.
AdStar, Inc. (NASDAQ:ADSTNASDAQ:ADSTW) is the leading provider of
e-commerce transaction software and services for the advertising
and publishing industries. AdStar's proprietary suite of e-commerce
services includes remote ad entry software, and web-based ad
transaction services, as well as payment processing and content
processing solutions provided through AdStar subsidiary, Edgil
Associates, the industry's largest supplier of automated payment
processing. Today, AdStar's ad transaction infrastructure powers
classified ad sales for more than 40 of the largest newspapers in
the United States, the Newspaper Association of America's
bonafideclassifieds.com, CareerBuilder, and a growing number of
other online and print media companies. EdgCapture, Edgil's
automated payment process solution, is currently employed by call
centers in more than 100 of the nation's leading newspaper and
magazines. AdStar is headquartered in Marina del Rey, Calif., and
its Edgil office is in North Chelmsford, Mass. Forward Looking
Statements This release contains forward-looking statements
concerning the business and products of the company. Actual results
may differ from those projected or implied by such forward-looking
statements depending on a number of risks and uncertainties
including, but not limited to, the following: historical business
has already matured, new online business is unproven and may not
generate expected revenues, and Internet security risks. Other
risks inherent in the business of the company are described in
Securities and Exchange Commission filings, including the company's
annual report on Form 10-KSB. The company undertakes no obligation
to revise or update any forward-looking statements to reflect
events or circumstances after the date of this release. For further
information, please contact: Jeff Baudo of AdStar, +1-310-577-8255,
; or media, Kevin Wilson, +1-513-885-5520, , or broker, RJ Falkner
& Company, Inc., +1-800-377-9893, , both for AdStar.
DATASOURCE: AdStar, Inc. CONTACT: Jeff Baudo of AdStar,
+1-310-577-8255, ; or media, Kevin Wilson, +1-513-885-5520, , or
broker, RJ Falkner & Company, Inc., +1-800-377-9893, , both for
AdStar Web site: http://www.washingtonpost.com/
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