LAWRENCEVILLE, Ga., June 1, 2005 (PRIMEZONE) -- Network Communications, the leading publisher of targeted local media serving the real estate and home design markets, announced today the addition of Adam Japko to its management team, as President of its Home Design division of publications.
Prior to joining Network Communications, Adam Japko served as President and Chief Operating Officer of PennWell's Advanced Technology Division, where he was responsible for managing numerous acquisitions, business unit launches, expansion initiatives and globalization projects since 1992. Mr. Japko also sat on the company's Board of Directors.
"Given his impressive roster of accomplishments and outstanding experience in the publishing industry, Network Communications is thrilled to add Adam Japko to our management team," said Dan McCarthy, CEO, Network Communications. "We intend to grow our Home Design family of publications through acquisition and aggressive organic growth, and having Adam Japko at the helm will put us in a solid position to fulfill Network Communications' growth strategy."
On May 2, 2005, Network Communications announced the acquisition of seven publications, including Atlanta Homes & Lifestyles, Colorado Homes & Lifestyles, St. Louis Homes & Lifestyles, Seattle Homes & Lifestyles, Mountain Living, Log & Timber Style and To The Trade. These assets, as well as Enclave, Unique Homes, Kansas City Home, will fall under Mr. Japko's purview.
"The chance to lead this key business unit, within one of the most prominent and innovative magazine publishers in the country, is an opportunity that I could not turn down," said Adam Japko, President, Network Communications' Home Design Division. "I look forward to joining the impressive Network Communications team, with the goal of continuing to deliver the best real estate and home design publications available, and leading the Home Design division to achieve our aggressive growth objectives."
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 one 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, Colorado Homes & Lifestyles, St. Louis Homes & Lifestyles, Seattle Homes & Lifestyles, Mountain Living, Log & Timber Style and To The Trade, 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.