Lawrenceville, GA (July 24, 2003) - Network Communications, Inc.
("NCI"), the leading publisher and provider of printed and online real
estate information and advertising in North America, announced today
that it had acquired the Tallahassee Apartment Guide ("TAG") from Quest
Publications. TAG is the leading publication of multifamily rental
property information for the Tallahassee, Florida market.
NCI publishes apartment rental guides in 80 markets across the United
States under the Apartment Finder ("AF") and Apartment Blue Book
("ABB") brands. AF and ABB are high quality publications that provide
apartment property managers with the most cost effective means of
marketing their apartment communities to prospective renters. In
addition to its publications, NCI operates ApartmentFinder.com, a leading website for people searching for apartments.
"This acquisition of the Tallahassee Apartment Guide fits perfectly
with our strategy of extending the reach of our existing brands, said
Daniel McCarthy, NCI's President & CEO. "The Guide became the
leading publication in Tallahassee as a result of its high caliber
publisher, the quality of the book, the extensiveness of its
distribution network and its commitment to the multifamily housing
industry. These are the same business principles that we employ with
our Apartment Finder and Apartment Blue Book publications."
Communications has publications serving the residential real estate,
multifamily housing, and commercial real estate markets in over 350
cities across the United States and Canada. NCI's titles include The
Real Estate Book, Apartment Finder, Apartment Blue Book, Mature Living
Choices, New Home Finder, Unique Homes, Corporate Choices and Black's
Guide. The company also has a significant presence on the Web. For more
information about the company log on to www.ncinfo.net.