Cheryl England's Insatiable Appetite for Success Lands Her Promotion to President of Imagine Media's Computing Division.

BRISBANE, Calif.--(BUSINESS WIRE)--Aug. 24, 1999--

Fast-growing Imagine Media is celebrating the promotion of MacAddict's award-winning publisher, Cheryl England, to President of Imagine's Computing Division.

Imagine's Computing Division is currently home to the award-winning MacAddict magazine and the rapidly growing Maximum PC magazine and is looking to expand its focus beyond its current core markets in the near future.

England joined Imagine Media three and a half years ago as the Editor-in-Chief of MacAddict magazine. She immediately sent a wake-up call through the Mac community when she and her editorial staff seized the 1996 Computer Press Award for Best Overall Magazine based on MacAddict's first three issues.

Promoted to the position of Publisher and Editorial Director of MacAddict magazine in December of 1997, England and her team continued to launch MacAddict into an aggressive streak of growth in circulation, advertising pages, and revenue. And, to top it off, in addition to the 1996 CPA award, MacAddict received a number of industry award nominations and won the 1998 Folio Editorial Excellence Award for the Computing Category.

Chris Anderson, Imagine's President and CEO remarks, "Cheryl's track-record with MacAddict will go down in history as one of the most surprising publishing success stories of the late 90's. A brilliant, award-winning product which, despite Apple's woes a couple of years back, rapidly achieved commercial success." He continues, "Now it's time for her to make yet another step upward and drive Imagine's growth into broader computing markets. I've never been more confident that a promotion was due."

In response to her recent advancement, England comments, "I'm incredibly excited about the opportunity to grow the Computing division of Imagine. The success of our two current properties reflects the amount of potential that exists for the division." She continues, "I firmly believe that print magazines will remain a huge force in the next millennium--and I'm delighted to be a part of the group that is shaping what will be on the newsstands and sent to readers' homes in the years to come!"

Also a part of Imagine's Computing Division is Maximum PC magazine which is in the midst of wrapping up its first astonishing year of production. The CPAR (Computer Publishing and Advertising Report) July 20th edition reports that Maximum PC posted 97.5% growth in advertising pages and a 181.1% increase in advertising revenue in the first six months of 1999 (January to June), versus the same timeframe a year ago. In addition, CPAR reports Maximum PC is leading the way among the consumer magazines with its year-to-date advertising page gains of 97.5%. Like MacAddict, Maximum PC has also received strong industry recognition. It was recently nominated by the Western Publications Association for three 1999 Maggie awards in the categories of Best Computer &Telecommunication Consumer Magazine, Best New Consumer Publication, and Best Overall Design.

About Imagine Media, Inc.

Imagine Media (www.imaginemedia.com), America's fastest-growing publisher of magazines and Web sites, recently became part of Future Network (www.futurenet.com), a noted European success story. Future Network has become Europe's largest publisher of consumer magazines covering computing and video games. Based in the San Francisco Bay Area, Imagine Media's publications sell in excess of 1.5 million copies per month. Its market-leading titles include Maximum PC, Business 2.0, MacAddict, PC Gamer, PC Accelerator, PSM: 100% Independent PlayStation Magazine, Next Generation, Official Sega Dreamcast Magazine, NGamer, and Games Business.