HPCinter@ctive, the Largest Publisher of Apartment Rental Information in the United States, forms Strategic Alliance with REXnetwork

Apr 24, 2001, 01:00 ET from REXnetwork and HPCinter@ctive

    OSSINING, N.Y. and ATLANTA, April 24 /PRNewswire Interactive News Release/
 -- REXnetwork "The Real Estate Exchange Network" and HPCinter@ctive (HPCi), a
 wholly-owned subsidiary of Primedia, Inc. (NYSE:   PRM), announced today a
 strategic alliance to distribute HPCi's Apartment Guide and ApartmentGuide.com
 rental content throughout the entire Real Estate Exchange Network.
     (Logo: http://www.newscom.com/cgi-bin/prnh/20001016/REXNETWORKLOGO )
     For more than 25 years Apartment Guide has been the industry leader in
 apartment advertising and maintains over 77 apartment magazines across the
 country.  ApartmentGuide.com, the online extension of the publication,
 maintains the most comprehensive listing database of apartment rental content
 in the United States and receives more than 1.7 million unique users monthly,
 making it the #1 source for online apartment information.
     "The addition of the Apartment Guides' content to the REXnetwork platform
 furthers our ability to deliver every available option for consumers searching
 for housing," said John C. Laracy, vice president of business development for
 REXnetwork.  "The distribution channels we have in place will only further the
 value that HPCi provides to its advertisers."
     REXnetwork currently has more than 1700 "Members of the Real Estate
 Exchange Network" displaying real estate related content and property listings
 for sale, including such companies as Bloomberg, the global information
 service; news and media company.
     "REXnetwork has done an excellent job of putting together valuable real
 estate resources," said Jamie Gallo, chief operating officer of HPCi. "Both
 our companies are in the business of providing tools and information to the
 consumer so they can make informed buying and renting decisions. This is a
 good fit and another way for ApartmentGuide.com to get our 17,000 plus
 apartment listings in front of the prospective renter."
 
     About REXnetwork
     An Ossining, NY based company REXnetwork.com "powers" property search
 engines, provides unbiased analytical tools and other real estate related
 content and information to create real estate centers for financial Web sites.
 These sites and companies collectively comprise the "Members of The Real
 Estate Exchange Network."  Recent marquis "members" include the global
 information service; news and media company Bloomberg L.P.  More than
 1700 additional "member" sites have been launched over the first quarter of
 2001 with an additional 3000 slated for launch in the second quarter 2001.
 
     About HPCinter@ctive
     HPCinter@ctive (HPCi) owns and operates several Web sites including
 ApartmentGuide.com and NewHomeOnline.com. Launched in February 1999,
 ApartmentGuide.com, a subsidiary of PRIMEDIA, Inc., recognized the need for a
 quick and easy way for consumers to relocate and provides all the resources
 needed to execute a successful move.
 
     ApartmentGuide.com is the sister company of HPC Publications, which has
 dominated the apartment guide print publication business for over 25 years,
 currently publishing more magazines than any other apartment guide publisher
 -- 77 titles are available in most major U.S. cities.
 
     PRIMEDIA Inc. is a targeted media company focused on consumer, enthusiast,
 business-to-business and education audiences.  It is No. 2 in the nation in
 single-copy sales, trailing only Time, Inc.  Some key PRIMEDIA brands include
 Seventeen, New York, Modern Bride, American Baby and Channel One Network.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X85414987
 
 

SOURCE REXnetwork and HPCinter@ctive
    OSSINING, N.Y. and ATLANTA, April 24 /PRNewswire Interactive News Release/
 -- REXnetwork "The Real Estate Exchange Network" and HPCinter@ctive (HPCi), a
 wholly-owned subsidiary of Primedia, Inc. (NYSE:   PRM), announced today a
 strategic alliance to distribute HPCi's Apartment Guide and ApartmentGuide.com
 rental content throughout the entire Real Estate Exchange Network.
     (Logo: http://www.newscom.com/cgi-bin/prnh/20001016/REXNETWORKLOGO )
     For more than 25 years Apartment Guide has been the industry leader in
 apartment advertising and maintains over 77 apartment magazines across the
 country.  ApartmentGuide.com, the online extension of the publication,
 maintains the most comprehensive listing database of apartment rental content
 in the United States and receives more than 1.7 million unique users monthly,
 making it the #1 source for online apartment information.
     "The addition of the Apartment Guides' content to the REXnetwork platform
 furthers our ability to deliver every available option for consumers searching
 for housing," said John C. Laracy, vice president of business development for
 REXnetwork.  "The distribution channels we have in place will only further the
 value that HPCi provides to its advertisers."
     REXnetwork currently has more than 1700 "Members of the Real Estate
 Exchange Network" displaying real estate related content and property listings
 for sale, including such companies as Bloomberg, the global information
 service; news and media company.
     "REXnetwork has done an excellent job of putting together valuable real
 estate resources," said Jamie Gallo, chief operating officer of HPCi. "Both
 our companies are in the business of providing tools and information to the
 consumer so they can make informed buying and renting decisions. This is a
 good fit and another way for ApartmentGuide.com to get our 17,000 plus
 apartment listings in front of the prospective renter."
 
     About REXnetwork
     An Ossining, NY based company REXnetwork.com "powers" property search
 engines, provides unbiased analytical tools and other real estate related
 content and information to create real estate centers for financial Web sites.
 These sites and companies collectively comprise the "Members of The Real
 Estate Exchange Network."  Recent marquis "members" include the global
 information service; news and media company Bloomberg L.P.  More than
 1700 additional "member" sites have been launched over the first quarter of
 2001 with an additional 3000 slated for launch in the second quarter 2001.
 
     About HPCinter@ctive
     HPCinter@ctive (HPCi) owns and operates several Web sites including
 ApartmentGuide.com and NewHomeOnline.com. Launched in February 1999,
 ApartmentGuide.com, a subsidiary of PRIMEDIA, Inc., recognized the need for a
 quick and easy way for consumers to relocate and provides all the resources
 needed to execute a successful move.
 
     ApartmentGuide.com is the sister company of HPC Publications, which has
 dominated the apartment guide print publication business for over 25 years,
 currently publishing more magazines than any other apartment guide publisher
 -- 77 titles are available in most major U.S. cities.
 
     PRIMEDIA Inc. is a targeted media company focused on consumer, enthusiast,
 business-to-business and education audiences.  It is No. 2 in the nation in
 single-copy sales, trailing only Time, Inc.  Some key PRIMEDIA brands include
 Seventeen, New York, Modern Bride, American Baby and Channel One Network.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X85414987
 
 SOURCE  REXnetwork and HPCinter@ctive