ONLINE LISTING SUBSCRIPTION SERVICE BUILT ON XYLEME PLATFORM.

Xyleme Inc. and Time Out New York (TONY) have launched Time Out Chicago's online listing subscription service built on the Xyleme Multi-Channel Publishing Solution. The solution addresses a significant challenge TONY faces: the ability to store its content in a flexible, yet structured way for customization and distribution in multiple formats, such as print format or HTML, without disrupting its existing editorial process. This application follows the successful introduction of Time Out New York Kids subscription portal in 2004, also built on the Xyleme platform.

Using Xyleme, TONY stores its content in a channel-independent XML format. From this single source, content is assembled and seamlessly pushed to print, online and other formats. Thus the Xyleme solution allows TONY to augment its weekly print publications, providing subscribers with the opportunity to use Time Out Chicago's online edition (http://www.timeoutchicago.com) to plan events and outings, even at a moment's notice.

"Xyleme Multi-Channel Publishing has driven significant efficiencies in our production and distribution processes," added Alison Tocci, president / group publisher Time Out New York, "Best of all, it allows us to continually enhance our subscriber services and open up new revenue channels as we extend our content to other media."

Using Xyleme's powerful XML query engine, a Time Out Chicago subscriber can now query across any number of attributes to ask exact questions and retrieve precise results. For example, in a single search, a parent can find theater events that both cater to children under 10 years of age and have ticket prices under $20. Xyleme is also used to automatically update TONY's Web sites and "push" relevant information directly to users as new events are added or changed.

"As a premier publisher, TONY's content must always be accurate, up-to-date, and immediately available to their customers, when they need it and how they need it," commented Terry McGee, Xyleme vice president, Marketing. "The Xyleme implementations at Time Out New York illustrate how Xyleme Multi-Channel Publishing Solution helps top organizations to fully exploit their own content and extend their market leadership."

About Xyleme

Xyleme is a provider of content management solutions that enable customers to transform, analyze, and distribute continuously changing, high-value information across their organization and to their partners. Built on a highly scalable architecture and native XML database, Xyleme supports Dynamic Business Content Models that eliminate content redundancy and provide the flexibility to rapidly create new revenue- generating products and services and reduce time-to-market. Xyleme Server, the company's flagship product, serves as the platform for all Xyleme solutions and incorporates an in- memory index design to provide outstanding performance, unmatched query precision, and a unique notification engine to meet the real-time needs for automating, publishing, and distributing high-value content.

With headquarters in San Diego, California, Xyleme is a privately-held, international corporation with backing from Societe Generale, Viventures, NEPE, and Xitec. Founded in 2000, the company is a spin-off of INRIA, one of the top three worldwide research laboratories on XML technologies and a co-founder of the World Wide Web Consortium (W3C). Xyleme's customers includes companies and organizations in financial services, media and publishing, and training markets around the world such as Deutsche Bank, BNP Paribas, Hachette Filipacchi, Le Monde, Time Out, Prosoft Learning, and WestNet Learning.

For more information about Xyleme, visit http://www.xyleme.com

About Time Out New York

Time Out opened its New York offices in 1995 with the weekly magazine and annual Student Guide. The magazine -- the obsessive guide to impulsive entertainment -- is considered the essential and most comprehensive listings publication in New York. Time Out New York's expertise of New York neighborhoods has helped launch additional publications including Eating & Drinking, Time Out New York's Nightlife, and the yearly supplement on the Tribeca Film Festival. Time Out's Web sites serve as an online source of information for residents and visitors and provide subscribers up-to-the minute information on where to go and what to do. Time Out New York launched Time Out New York Kids in 2004 and Time Out Chicago, New York's sister publication, in March 2005.

Time Out can be found on the World Wide Web at http://www.timeoutny.com.

For more information, call 212/699-6065.