ALM President & CEO William Pollak Selected by Media Business for ''Top Innovator in Business Publishing'' Award.

NEW YORK -- ALM president and CEO William Pollak has been selected by Media Business magazine as a recipient of its third annual "Top Innovators in Business Publishing" award. Pollak was named as the winner for the top executive category (under $200 million in annual revenue). Media Business' editors and reporters selected the awardees from a wide pool of nominees submitted by the magazine's staff and the publishing community. Profiles of Pollak and other winners are featured in the May issue of the magazine. The awards will be presented at a gala luncheon in New York City on June 8.

Pollak was cited for innovations in developing additional media and database offerings for the legal industry, while extending the company's business into related sectors, such as commercial real estate. The article also profiles the company's innovations in creating branding partnerships with publications such as Fortune and its investment in online and rich data products for major legal segments, as well as its creation of lead generation services for companies seeking to reach the $200 billion legal market.

Pollak joins this year's fellow CEO winners Steve Weitzner of CMP Media and Jim Spanfeller of Forbes.com, as well as winners in other categories representing companies including Dow Jones & Co., Financial Times, The New York Times Co. and Time Inc.

"This year's CEO winners represent companies that have made major changes to take advantage of the evolution of online media and integrated channel marketing, "said Bob Felsenthal, publisher of Media Business. "As this award demonstrates, ALM is finding success through innovation."

"ALM is a company of innovators, and this award recognizes the achievements of many people throughout our organization," said Pollak. "I'm honored to accept this award on their behalf."

Pollak has served as President, CEO and a member of the Board of Directors of ALM since the company's formation in 1998. He joined ALM after 16 years with The New York Times. A graduate of Harvard College and Harvard Business School, he serves as a director of ProBono.net and the ABM, as well as chairman of the ABM's Rich Data Council. Pollak resides in Chappaqua, NY.

Headquartered in New York City, ALM is a leading integrated media company, focused on the legal and business communities. ALM currently owns and publishes 39 national and regional magazines and newspapers, including The American Lawyer(R), Corporate Counsel(R), The National Law Journal(R) and Real Estate Forum. ALM's Law.com(R) is the Web's leading legal news and information network, while

ALM's GlobeSt.com is the Web's leading information source for commercial real estate professionals. Other ALM businesses include book and newsletter publishing, court verdict and settlement reporting, production of professional trade shows, conferences and educational seminars, market research and content distribution. ALM was formed by U.S. Equity Partners, L.P., a private equity fund sponsored by Wasserstein & Co., LP. More information on ALM's businesses and services is available on the Web at www.alm.com.