For example, ApartmentGuide.com, the online version of the popular apartment magazine Apartment Guide (owned by Primedia, Inc.) serves as a resource for visitors who often are not only looking for a new place to live, but are also searching for a new job in a new city. Headhunter.net gives these visitors an online channel within ApartmentGuide.com to hunt for jobs and post resumes. Headhunter.net will also be featured offline in Apartment Guide magazine.

Granite Broadcasting Corporation (NASDAQ GBTVK - news) owns and operates 9 network-affiliated television stations across the country, seven of which have websites. Each site posts a link to a career center powered by Headhunter.net, where job seekers can post resumes and employers can post jobs.

NewsChannel5-TV (CBS) (a division of the News Channel 5 Network, owned by Landmark Communications, Inc.) in Nashville, Tennessee is an online resource for the station's viewers. Headhunter.net will power the Newschannel5.com career center, allowing users to search for jobs, post jobs, browse resumes or post resumes online.

"Specifically visitors to each of these websites now have access to Headhunter.net's 250,000 jobs and more than one million posted resumes," continued Montgomery. "It's a tremendous incentive to becoming a regular visitor to the media sites and a valued customer at Headhunter.net."

About Headhunter.net

Headhunter.net (www.Headhunter.net) is a leading national online recruiting and job awareness network, empowering candidates and corporations to manage the job search process. The sites features more than one million resumes and more than 250,000 jobs representing 10,000 of the nation's top employers across virtually every industry. Attracting more than 6 million job seeker visits a month, Headhunter.net distinguishes itself by providing job seekers privacy when searching and applying for jobs, and allows job seekers and job posters to manage and track the visibility and performance of their listings. In addition to its Atlanta headquarters, Headhunter.net has offices in Annapolis, Austin, Boston, Chicago, Cincinnati, Dallas, Los Angeles, New York, Palo Alto, Philadelphia, San Francisco, San Jose, Seattle, Tampa and Washington, DC.

About ApartmentGuide.com

Launched in February 1999, ApartmentGuide.com, a subsidiary of PRIMEDIA, Inc., recognized the need for a fun, easy-to-use relocation resource among apartment renters. Since that time, the site has grown impressively, generating more than 250,000 renter leads to apartment communities nationwide every month.

ApartmentGuide.com is the sister company of HPC Publications, which has dominated the apartment-listing print publication business for 25 years, currently publishing more magazines than any other apartment guide publisher - 77 titles that 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.

About Granite Broadcasting

Granite Broadcasting Corporation (NASDAQ:GBTVK) operates nine television stations in geographically diverse markets reaching almost 7.0% of the nation's television households, including a duopoly in the fifth largest market. Three stations are affiliated with the NBC television Network (NBC), two with the ABC Television Network (ABC), one with the CBS Television Network (CBS), two with the Warner Brothers Network (WB) and one news-oriented independent station (KNTV). The NBC affiliates are KSEE-TV, Fresno-Visalia, California, WEEK-TV, Peoria-Bloomington, Illinois, and KBJR-TV, Duluth, Minnesota and Superior, Wisconsin. The ABC affiliates are WKBW-TV, Buffalo, New York, and WPTA-TV, Fort Wayne, Indiana. The CBS affiliate is WTVH-TV, Syracuse, New York. The WB affiliates are KBWB-TV, San Francisco-Oakland-San Jose, California, and WDWB-TV, Detroit, Michigan. KNTV, which is operated in combination with KBWB-TV, became a news-oriented independent station as of July 3, 2000. On June 1, 2000, Granite and NBC signed definitive agreements, whereby KNTV will become the San Francisco-Oakland-San Jose, California NBC affiliate as of January 1, 2002. Granite is also recognized as an innovator in the development of new media services that combine television broadcasting and Internet platforms.

About NewsChannel5.com

The NewsChannel 5 Network is the number one source of news in the state of Tennessee. The network is based in Nashville, and consists of WTVF/NewsChannel 5 television, the local CBS affiliate; NewsChannel 5+, the only local 24-hour cable news station; NewsChannel5.com, the prominent Web site for local news and information; and NewsChannel 5 AM 1430, the network's all-news radio station.

NewsChannel5.com (www.NewsChannel5.com) is the number 1 news Web site in Middle Tennessee, with an average of more than 2.5 million page views per month. The comprehensive site provides extensive weather content, the day's news headlines, online shopping, streaming video of the network's local programming, as well as a number of content areas.

Forward Looking Statements

Some of the preceding statements in this press release constitute "forward-looking statements" within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the Company intends that such forward-looking statements be subject to the safe harbors created thereby. Examples of words indicating forward-looking statements include "believes," "expects" and "will." These forward-looking statements reflect the Company's current views with respect to future events and financial performance, but are subject to many uncertainties and factors relating to the Company's operations and business environment which may cause the actual results of the Company to be materially different from any future results expressed or implied by such forward-looking statements. Please see Headhunter.net's Form 10-K, as amended, for a list of such uncertainties and factors. The Company undertakes no obligation to update or revise any forward-looking statement whether as a result of new information, future events, or otherwise.

Contact: Liza Mooney
Creaxion
800-408-5480
[email protected]

index       top