KeepMedia Announces New CEO

Business Wire,  Feb 16, 2005  

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REDWOOD SHORES, Calif. -- KeepMedia, Inc., a leading provider of online premium content, announced today that President and Chief Executive Officer Douglas J. Herrington has resigned from the company to pursue personal interests and other opportunities.

Louis H. Borders, founder of Borders Books and Webvan and currently Chairman of the Board at KeepMedia, will assume the position of President and Chief Executive Officer, replacing Mr. Herrington.

"I would like to express my gratitude to Doug for his contributions and commitment to KeepMedia and we wish him well in all his future endeavors," said Louis Borders, Chairman of the Board.

About KeepMedia

KeepMedia (www.keepmedia.com) is a subscription-based Web site where consumers can access a digital library of thousands of magazine and newspaper articles. The company has partnered with leading publishers to aggregate their content, sell print subscriptions, and promote related merchandise in one convenient location. KeepMedia serves the expanding base of Internet users who are paying to access premium content. Subscribers enjoy personalization, clipping services, and individualized archiving. KeepMedia is a privately-held company with offices in Redwood Shores, CA and New York City.

KeepMedia is a trademark of KeepMedia, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

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