Office Media Network Announces Major Expansion for the Wall Street Journal Office Network.
Deals Move OMN into New Markets including Philadelphia, Boston, Dallas and Atlanta
CHICAGO -- Office Media Network (OMN), developer of The Wall Street Journal Office Network ("The WSJ Office Network"), today announced agreements with 11 new partners - including HRPT Properties Trust, L&L Acquisitions, OSEB Associates (owners of 1900 Market Street, which houses the Philadelphia Stock Exchange), and the Chicago Board of Trade Building - to install The WSJ Office Network in a total of more than 90 office buildings throughout the country. These deals mark the debut of The WSJ Office Network in the Philadelphia, Boston, Dallas, Atlanta, Connecticut, and New Jersey markets.
The WSJ Office Network was developed jointly by OMN and Dow Jones & Company to provide the latest up-to-the-minute news from the Journal on high definition large flat screen panels in public areas of premier office properties. In addition, it offers building owners a powerful tool for broadcasting important building and life safety information.
"We are excited to offer The Wall Street Journal Office Network in over 50 of our premier office buildings," said David M. Lepore, senior vice president for HRPT Properties Trust. "The Wall Street Journal news content, in addition to the life safety and information capabilities the Network offers, makes this system an invaluable amenity for our tenants and visitors."
New OMN Partners
OMN has signed agreements with the following companies to install The WSJ Office Network in office buildings:
* HRPT Properties Trust (Over 50 buildings in Philadelphia, Boston, Dallas, Atlanta, New York, Washington, D.C., and Los Angeles)
* L&L Acquisitions (600 Third Avenue Tower in New York and Park 80 Tower in New Jersey)
* RREEF (Four properties in Boston)
* Zeller Realty Group (401 North Michigan Avenue in Chicago)
* R. D. Scinto, Inc. (10 properties in Shelton, CT)
* Harbor Group (300 South Wacker in Chicago)
* WAFRA (900 King Street in Rye Brook, NY)
* Cummings Properties (15 properties in Boston)
* Ocean Beach Investors (Park Tower in Long Beach, CA)
* OSEB Associates (1900 Market Street - Philadelphia Stock Exchange)
* Chicago Board of Trade Building (141 West Jackson Boulevard)
The acceptance of The WSJ Office Network in buildings occupied by two of the world's most sophisticated stock exchanges validates the relevancy of the content as well as the Network's ability to deliver news and information in a fast-paced work environment.
Kevin Lennon, Vice President of Real Estate Operations for The Chicago Board of Trade Building commented, "After reviewing a number of systems, it became clear that The Wall Street Journal Office Network was a good fit for our building, offering our office tenants and daily visitors the right balance of timely building and security information and streaming general news."
"The new partnerships we are proud to announce today are further evidence of the unique power of The Wall Street Journal Office Network to deliver value to leading office properties," stated Jim Harris, chief executive officer for Office Media Network. "We look forward to bringing our partners' tenants and guests news and information from the world's most respected source, along with important building-specific messages and security information."
About The Wall Street Journal Office Network
Launched in 2006 by Dow Jones & Company and Office Media Network, The WSJ Office Network provides tenants and visitors of premier office buildings with up-to-the-minute news from the Journal's main sections along with market indexes, weather and scrolling breaking-news headlines. Building owners and managers can also use The WSJ Office Network to communicate important building announcements to tenants, including life-safety messages. The WSJ Office Network currently resides in premier office buildings in major market cities including Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and Washington, D.C..
About Office Media Network
Office Media Network (www.officemedia.com), developer of The WSJ Office Network, is a leading place-based integrated marketing and communications company. OMN creates and manages solutions to support the needs of real estate owners and their customers, by combining advanced technology, world-class content, and an experienced management team. The company is backed by Lake Capital (www.lakecapital.com), a Chicago-based private equity firm with more than $1.3 billion in equity commitments that invests in services companies.
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|Date:||Jan 22, 2007|
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