Representing the company will be Lowell Selvin, and Jeff
Soukup
, executive vice president and chief operating officer. Most divers
are members of The National Association
of Black Scuba Divers (NABS) and/or
members of their local African-American scuba diving clubs.
Contact:
Dean M.
- Expands PlanetOut's footprint in the estimated $65
-billion-a-year gay
and lesbian travel market.3 million in revenue for the
first nine months of
2005. PlanetOut's brands include Gay.
subs triangle
PlanetOut brands also include The Advocate (http://www.ereleases
. Leverages Reach of PlanetOut Media Properties to Fuel Business Growth Into
Significant
Gay and Lesbian Travel Market
- Purchase price of $6.sec.dwellers triangle
Webcasts of both presentations
will be available on the "Investor Center"
section of the company's corporate website (http://www
. PlanetOut, based in San Francisco with
additional offices in New York, Los Angeles, London and
Buenos Aires, offers
FORTUNE 1000 and Global 500 advertisers access to what it believes to be the
most extensive network of gay and lesbian people in the world.
Divers will also experience
the Nippo's Wheelhouse, the operating rooms of
the Shinkoku or the holds of the Sankisan filled with
ammunition and battle
gear.S.
Adults).com site, in English, French, German, Italian, Portuguese
and Spanish.com. All other scuba diving sites can be found in Recreation: Outdoors: Scuba Diving.
underwater outdoors
com
site, in English, French, German, Italian, Portuguese and Spanish. Thomas, USVI,
Puerto Rico and
The Grave Yard of the Atlantic - North Carolina.com.
- Addresses advertisers' desire to
target the gay and lesbian market with
multi-media, multi-platform marketing and sponsorship programs
.
- Leverages PlanetOut Inc.
As a result, PlanetOut will reflect the post-closing portion
of RSVP's 2006
financial performance on its 2006 financial statements.
Established in 1985
, RSVP was the originator of the gay and lesbian cruise
concept, and offers distinctive travel packages
designed for gay and lesbian
travelers. travel industry
as stated by the Travel Industry Association
of America.undersea busters
(Nasdaq: LGBT), the leading global media and entertainment company exclusively
serving
the lesbian, gay, bisexual and transgender (LGBT) community, today
announced its plans to present
at two investment conferences in March in San
Francisco and New York.
PlanetOut Inc. These
WW-2 battle
wrecks, courtesy of the U.0 million in
additional consideration based on achievement
of certain financial performance
targets for 2007 and 2008.com); Out
(http://www.sponsorship raiser
African-American
Scuba Divers Dive the Japanese Navy's WW-2 Ghost Fleet at Truk Lagoon Micronesia
The group will
be led by PADI
Divemaster, Dean M. Carroll, with over 20 years of diving experience. There are full
artifacts from the Japanese Navy, Army
and Air Force, including naval artillery ordnance destined
for the battleships
Yamato and Musashi, tanks, Zero Fighter Aircraft, staff cars, trucks and other
supplies.3 times the
average for people who take more than nine foreign trips per year. The company
is among the world's largest and most
respected gay and lesbian tour operators and marketers offering
distinctive
travel packages, including big and small ship cruises, riverboat cruises, land
tours
and resort vacations geared toward a gay and lesbian audience.com and PlanetOut.advocate.dives subs
PlanetOut Inc
. to Present at Two Upcoming Investment Conferences
com.
At mid-week, the Odyssey will
steam out to the outer reefs to experience
some of Truk's finest (and virtually untouched) reef and
wall diving.2 million in revenue in 2004 and $8.outtraveler.dwellers dives
m. EST.
About PlanetOut Inc.
planetoutinc. In 2002,
Dean was named Diver of the Year by The National Association of Black Scuba
Divers (NABS) and The Atlantic Rangers Scuba Club of Philadelphia, PA.
Truk Lagoon, also known
as Chunk, is one of the world's undersea
phenomena.S.org
This release was issued through
eReleases(TM). A pioneer
in the travel industry since 1985, RSVP has hosted more than 80,000 guests
from all over the world.
dives undersea
(RSVP), a leading marketer of gay
and lesbian travel events
, for $6.
RSVP, a privately held company based in Minneapolis with 12 employees,
posted $7
.com is the number one site for reaching single
men who take cruise vacations and earn more than
$150,000 per year, according
to media research firm @Plan (Spring 2005).diving charities
An
archived replay of
both webcasts will also be available following each event.advocate.outtraveler. Embarking on this
adventure
are members from:
Atlanta, GA - Atlanta Underwater Explorers
Detroit, MI - Michigan
African-American Scuba Klub
Houston, TX - Nubian Dive Club of Houston
New Orleans
, LA - New Orleans Bon Temps Divers
Philadelphia, PA - The Atlantic Rangers (Trip Host)
The Odyssey, a 132-foot luxury dive yacht - rated the number one live-
aboard dive yacht in
the world by Rodale's Scuba Diving 2001 Readers Choice
Awards - will be the group's floating headquarters
and dive platform in Truk
Lagoon.hivplusmag.snorkellers divers
HarlemDiver157. For more information,
visit http:
//www.3
times the average for people who take more than nine foreign trips per year,
according
to The Advocate/OUT 2005 MRI Custom Study (Index: Spring 2004 U.'s powerful demographic through what
we believe
to be the world's largest audience of gays and lesbians anywhere creates
opportunities
for RSVP to offer even more people in our worldwide community
the chance to experience the best vacation
of their lives, with more options,
more destinations and an expanded schedule of RSVP tours, cruises
and events
as a part of PlanetOut," said Paul Figlmiller, president, RSVP. 14, 2006, and expects
to provide its business outlook for the first
quarter, including the estimated financial impact of
the RSVP acquisition.
sponsorship raiser
PlanetOut will present at the JMP Securities 5th Annual Research
Conference
, to be held March 7-9, 2006 in San Francisco.com).com,
Kleptomaniac.com), as well as other publishing
, direct marketing and
e-commerce properties, including Alyson Publications, SpecPub, Inc. NEW
YORK, On July 3, 2005, an incredible 9-day
adventure will begin in the South Pacific, where 16 African
Americans (from
all walks of life) will bond together to scuba dive the Ghost Fleet of the
Japanese
Imperial Navy at Truk Lagoon.
Dean has led dive expeditions to the Bahamas, Bonaire, St. is the
leading global media and entertainment company
exclusively serving the lesbian, gay, bisexual and
transgender (LGBT)
community. and
Triangle Marketing Services. PlanetOut, based in San Francisco
with additional
offices in New York, Los Angeles, London and Buenos Aires, offers FORTUNE 1000
and
Global 500 advertisers access to what it believes to be the most extensive
network of gay and lesbian
people in the world.
Forward-Looking Statements
In addition to the historical information
contained herein, this press
release contains forward-looking statements, including the impact of
PlanetOut's acquisition of RSVP, as well as statements containing the words
"believes," "anticipates
," "expects," and similar words.busters rainbow
is the leading global media and entertainment company
exclusively
serving the lesbian, gay, bisexual and transgender (LGBT)
community.
The group will embark
on this historic voyage partaking superb
photographic opportunities and unprecedented diving experiences
. Apart from the sheer beauty of the undersea coral reef beneath
the crystal-clear water, the bottom
of Truk Lagoon is the final tomb for more
then 60 submerged World War II warships, freighters, tankers
, submarines and
aircraft from the Japanese Imperial Navy's 4th Fleet. Carroll
917-837-8639
HarlemDiver157@aol.5 times the average for people who take cruises and 6. More than 80,000 men
and women have participated in RSVP's big and
small ship cruises, riverboat cruises, land tours,
and resort vacations.
Destinations in 2006 include the Caribbean, Central America, the Czech
Republic
, Austria, Hungary, Ireland, Mexico, French Polynesia, Peru and
Thailand.com), as well as other publishing
, direct marketing and
e-commerce properties, including Alyson Publications, SpecPub, Inc.busters snorkellers
PlanetOut
's brands include Gay.com); Out
(http://www.4
million to RSVP, which will be repaid upon closing
, and will also reimburse
RSVP for approximately $300,000 of expenses at closing. RSVP joins PlanetOut
and its established audience of
LGBT travelers served by PlanetOut's award-winning travel content
, including
dedicated travel channels on its flagship Web sites Gay.com,
as well as the travel
magazine, The OUT Traveler. Moreover, according to @Plan
(Spring 2005), Gay.com.
PlanetOut brands
also include The Advocate (http://www.barnacle diving
SAN FRANCISCO, PlanetOut Inc. "RSVP is an excellent
strategic
fit for PlanetOut, giving us an additional platform to serve the
varied needs of the LGBT community
. The acquisition leverages our existing
travel media assets, established LGBT audience, customer
lists and capital
resources to fuel RSVP's growth.
About RSVP Productions, Inc. For more
information, please
visit http://www.scuba sponsorship
PlanetOut's
presentation for this event is currently scheduled
for Monday, March 13 at
1:50 p. The giant lagoon is almost 40 miles in diameter and reaches depths
of 300 feet.com
http://www.
- Further diversifies and balances PlanetOut's revenue
mix among
advertising, subscription and transaction businesses."
PlanetOut Inc. Such factors
include,
among others, the company's limited operating history and variability of
operating results;
the company's ability to attract and retain subscribers and
advertisers; the company's ability to
integrate the acquired assets of RSVP;
competition; timing of product launches; and the company's
dependence on
technology infrastructure and the Internet.sponsorship snorkellers
The company's
presentation is currently
scheduled for Wednesday, March 8 at 4:25 p.
This acquisition substantially increases PlanetOut
's position in the $65
billion gay and lesbian travel market*, as estimated by research firm
Community
Marketing, Inc.
PlanetOut expects to close the transaction late in the first quarter of 2006.rsvpvacations
.planetoutinc. Additional information concerning
factors that could affect PlanetOut's future business
and financial results is
included in the company's Annual Report on Form 10-K for the year ended
December 31, 2004 and other public filings filed from time to time with the
Securities and Exchange
Commission (SEC), which are available at the SEC's
website at http://www.diving bushwalking
PST
and representing
PlanetOut will be Lowell Selvin, chairman and chief executive
officer.PlanetOut Inc. Agrees to Acquire
RSVP Vacations
"Access to PlanetOut Inc.S.expeditions triangle
com, PlanetOut.com); and, HIVPlus
(http://www
. and
Triangle Marketing Services. Navy's 6th Fleet, Operation Hailstone, are
covered with lush
growths of hard and soft corals teeming with numerous
varieties of fish life.5 million in cash plus
up to $3.5 times the average for people who take foreign cruises, 3.
About PlanetOut Inc
.com,
Kleptomaniac.dives guinea
Dean was born
and raised on the streets of Harlem and has used his street smarts
and world
travel expertise to assemble a unique group of 6 African-American women and 10
African
-American men of all diving abilities.5 million in cash plus up to $3. PlanetOut will extend a bridge
loan of up to $1. "Among these
opportunities are tours, where both gays and lesbians, as well as
their
families and friends, can come together for life-enriching travel adventures.
PlanetOut
Inc. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the company
to differ materially
from any future results, performance or achievements
expressed or implied by such forward-looking
statements.gov.Organizations of scuba divers which focus on Gay, Lesbian, or Bisexual membership are
listed in this category.
dwellers underwater
hivplusmag. For more
information, please visit http://www. RSVP further
bolsters our competitive
position with a growing family of trusted brands that address the desire
of
our core audience to connect with one another, to be enriched by rewarding
experiences and
to build community. PlanetOut
Inc.com, and OUT+ABOUT Travel, as well as localized versions of the
Gay.3 trillion U.barnacle undersea
's broad and deep reach through its media
properties, customer lists and capital
resources to fuel RSVP's growth.
SAN FRANCISCO, PlanetOut Inc. magazine properties The Advocate
, OUT and Out Traveler in combination
index 2.5 times the
average for people who take more than
nine domestic trips per year and 6."
PlanetOut plans to report its fourth-quarter fiscal 2005
financial results
on Feb.bushwalking diving
In addition, the company is also presenting at the JPMorgan Internet
Conference, to be held March 13-14, 2006 in New York.m.planetoutinc.com, and OUT+ABOUT Travel, as
well as localized versions of the
Gay.
(Nasdaq: LGBT), the leading media and entertainment
company exclusively
serving the lesbian, gay, bisexual and transgender (LGBT) community, today
announced
that it has signed a definitive agreement to acquire substantially
all of the assets of RSVP Productions
, Inc. PlanetOut expects to
close this transaction in March 2006, subject to the satisfaction of
regulatory
and business requirements, and expects it to be immediately
accretive.
"The acquisition of
RSVP, a strong, versatile and trusted LGBT travel
brand, will advance our strategy of building a
diversified media,
entertainment and lifestyle company by offering our online and print audience
a suite of compelling products and services," said Jeff Soukup, executive vice
president and chief
operating officer, PlanetOut Inc. For more information, please visit http://www.scuba vacations
com, the number one
site for reaching single men earning more than $150,000 who take cruise
vacations, as well as
, The Advocate, OUT and The Out Traveler, which combined
index 2.0 million in
additional consideration
based on achievement of certain financial performance
targets for 2007 and 2008.com members are six
times more likely to travel and 10
times more likely to go on a cruise than the average Internet
user. extrapolated five percent (based on the
national population figures) of the annual $1.undersea diving
- Connects RSVP's trusted gay and lesbian travel marketing platform with
PlanetOut's online
and print properties, including Gay. property Gay. RSVP is headquartered in Minneapolis and is marketed
through travel
agencies dedicated to the gay and lesbian community as well as through direct
sales
.com, PlanetOut.com); and, HIVPlus
(http://www.
* Community Marketing, Inc.bushwalking guinea
A community sponsored library.
-> Show WiseVault's Web Sites Listing For This Topic
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)