1105 Media Closes First Two Transactions; 101communications, Stevens Publishing Form New Platform Media Company.

CHATSWORTH, Calif. -- 1105 Media, Inc., a new, integrated business-to-business information and media company formed by Nautic Partners LLC, Alta Communications, and Neal Vitale, has closed its first two transactions, acquiring 101communications, LLC, and Stevens Publishing.

101communications, based in Chatsworth, CA, is a leading b-to-b media company targeting specialized sectors of the information technology community with offerings that include print and online magazines, journals, and newsletters; seminars, conferences, and trade shows; training courseware, and Web-based services. Dallas-based Stevens Publishing is a premier provider of print and online information in the fields of industrial health, safety, and compliance; security; environmental protection; wastewater management; and home healthcare.

"We are delighted to launch 1105 Media with the acquisition of two strong and diversified media franchises," said Neal Vitale, President and CEO. "101 is recognized as a creative, strategic, and aggressive technology information provider, and Stevens is a leader in important and growing industrial, municipal, and retail markets. Together, they accomplish a major first step in building 1105 into a broad provider of integrated business-to-business information and media."

101communications' products fall into eight distinct areas of technology expertise: Business Intelligence, Education, Government, Network and Enterprise Computing, Software Solutions, Certification, Compliance, and Office Equipment Recycling. Leading 101 properties include:

--Federal Computer Week - The market leader in government computing, with a print publication, companion Web site, eNewsletters, online information products, and conferences.

--Recharger - The bible of the remanufactured ink cartridge industry.

--The Data Warehousing Institute (TDWI) - Premier provider of education, research, and certification in business intelligence and data warehousing.

--IT Compliance Institute (ITCI) - Leading provider of news, research, and education on the role of technology in business governance and regulatory compliance.

--Redmond and Redmond Channel Partner - Dedicated to serving the Microsoft customer and partner communities through extensive print and online information, as well as events.

--T.H.E. Journal and Campus Technology - Education technology media targeting the entire education market, K-20, with print publications, numerous online offerings, and live events.

--Application Development Trends - Bimonthly magazine and multiple online products serving the world of application development management.

Stevens Publishing has been a provider of information solutions and services for more than 80 years. Its multi-media offerings encompass eight magazines, seven newsletters and numerous online resources. Top products in Stevens' portfolio include:

--Occupational Health & Safety - The dominant magazine in its market, supported by print newsletters and electronic news products.

--Security Products - The largest periodical serving the industrial security field, and the only one addressing both the installers and end users.

--Environmental Protection and Water & Wastewater Products - Targeting pollution control professionals in all segments of these important and growing markets.

--Home Health Products and Mobility Management - Fast-growing publications in the expanding field of home healthcare dedicated to products and best practices from manufacturers, organizations, and suppliers.

CEO Neal Vitale is a veteran of the publishing and marketing services industry. His career includes senior executive roles at Petersen Publishing, Reed Elsevier, and Aspen Marketing Group.

1105 Media is based in Chatsworth, CA, with primary offices in Falls Church, VA, Framingham, MA, Seattle, WA, Irvine, CA, Las Vegas, NV and Dallas, TX. Estimated 2006 revenues for 1105 are approximately $75 million; the company employs more than 250 employees.

Financial terms of the transactions were not released.

For more information:

http://www.101com.com

http://www.stevenspublishing.com