AfterCollege, Inc. and The New York Times Company Announce Agreement

Business Wire, April 4, 2008

Collaboration Will Allow Employers Advertising with The Times to Reach College Students and Recent Graduates Via Extensive Online Job Network

NEW YORK -- AfterCollege, Inc. (www.aftercollege.com), one of the nation's largest online career networks for college students and recent graduates, announced today a strategic alliance with The New York Times Company (www.nytco.com) that will bring more entry-level and part-time employment opportunities to college students and recent graduates nationwide.

The agreement allows employers advertising with The Times to have part-time positions, internships and other entry-level openings featured on the AfterCollege network of jobs listed on the Web sites of more than 1,500 academic departments and campus student groups across the country. AfterCollege's proprietary network and job distribution technology translate into more entry-level job opportunities for college students and recent grads. It also gives employers advertising with The Times an outlet to reach a large and diverse college and university audience.

"Our collaboration with AfterCollege will allow us to target our advertisers' jobs to relevant and highly specific audiences of college job seekers," said Andy Wright, vice president of advertising, The New York Times. "We chose to work with AfterCollege because of its reputation in the industry, their unique approach to online recruiting and the broad reach of its network."

"We are excited to work with The New York Times and to provide our students with additional opportunities from high-caliber employers," said Michael Dawes, vice president of channel partnerships, AfterCollege. "The job listings from The Times's advertisers will provide more choices for college students and recent graduates who rely on AfterCollege to make well-informed career choices. This creates an unparalleled channel on college campuses for employers to best showcase their career opportunities."

About The New York Times Company

The New York Times Company (NYSE: NYT), a leading media company with 2007 revenues of $3.2 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, WQXR-FM and more than 50 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

About AfterCollege, Inc.

Founded in 1999, AfterCollege, Inc. (www.aftercollege.com) is the nation's largest web-based employment network specializing in recruitment at the college and alumni level. AfterCollege provides employers with direct access to students through an exclusive network of over 1,500 academic departments and student groups as well as a proprietary database of more than 19,500 faculty, and student group contacts at the nation's top universities. Its proprietary network and job distribution technology translate into substantive job content for job seekers and into more qualified applicants for employers. AfterCollege's unique approach is patented under U.S. Patent Number 7,213,019. AfterCollege, Inc. is based in San Francisco, Calif. AfterCollege and related logos are registered trademarks of AfterCollege, Inc.

This press release can be downloaded from www.nytco.com