Business Services Industry

ACME Communications Inc. Second Quarter 2001 Earnings Release and Conference Call Announcement

Business Wire, July 18, 2001

Business Editors

SANTA ANA, Calif.--(BUSINESS WIRE)--July 18, 2001

ACME Communications, Inc. (Nasdaq:ACME) announced today that it will release second quarter 2001 financial results after market hours on Wednesday, August 1st, 2001.

The Company will also host a conference call to discuss its results on August 1st at 5:00 P.M. Eastern Time. To access the conference call, please dial 973-872-3462 ten minutes prior to the start time. The conference call will also be available via a live webcast on the investor relations portion of the Company's website, located at www.acmecommunications.com. If you cannot listen to the conference call at its normal time, there will be a replay available through August 3rd, 2001, which can be accessed by dialing 877-519-4471 (U.S.), 973-341-3080 (International), passcode 2719969. The webcast will also be archived on the Company's website for one week.

ACME Communications, Inc. owns and operates ten television stations serving markets covering 5.4% of the nation's television households, making the Company the third largest affiliate group of The WB Television Network. The Company's stations are KPLR-TV, St. Louis MO; KWBP-TV, Portland, OR; KUWB-TV, Salt Lake City, UT; KWBQ-TV and KASY-TV, Albuquerque-Santa Fe, NM; WBDT-TV, Dayton, OH; WBXX-TV, Knoxville, TN; WIWB-TV, Green Bay-Appleton, WI; WBUI-TV, Champaign-Springfield-Decatur, IL; WTVK-TV, Ft. Myers-Naples, FL. All of the Company's stations, except KASY-TV, a UPN affiliate, are WB Network affiliates. In addition to the ten stations currently owned and operated, the Company has entered into agreements with third parties to acquire construction permits to build new stations in Portland, Oregon (a second station in that market for ACME), Richmond, VA, Flint, MI and Lexington, KY when and if granted by the Federal Communications Commission. ACME's shares are traded on the Nasdaq Stock Market under the symbol: ACME.

COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group
 

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