CityXpress Corp. is the leading supplier of event auctions, online marketplaces and ecommerce-enabled classifieds to the newspaper industry. CityXpress works with newspapers in the United States, Canada, Europe and Australasia to stage online marketplace initiatives through its hosted software and on-site sales and customer support services.

CityXpress staged its first newspaper event auction in 2002 and since then has staged more than 650 event auctions, generating $170 million in revenue for newspapers in the last
four years.

About XpressAuctions

Newspaper auctions are online events staged by newspapers with goods and services provided by local retailers in exchange for exposure through the auction and advertising credits that are earned if the retailer's items sell. Auctions typically take place during a
10-day period. They help newspapers attract new advertisers and generate incremental revenue from existing advertisers, while boosting in-store traffic for vendors and producing good deals
for consumers.

About eMerchantXpress

eMerchantXpress builds on CityXpress' successful event auction program to provide newspapers with a new method of enabling advertisers to finance print advertising while connecting with consumers in a "continuous" local online marketplace. Local retailers provide goods and services in exchange for exposure through the auction and credits for pre-sold advertising plans that are earned if the retailer's items sell. Using continuous auctions, newspapers can create ongoing new streams of revenue, attract new classes of advertisers, expand the participation of existing advertisers, engage in forward selling for future print products, and develop new print products in response to advertiser and bidder demand.

About eMarketplaceXpress

eMarketplaceXpress is a complete, stand-alone classified marketplace that enables newspapers to meet their online-only competitors on a level playing field, while leveraging the value of their current classified offerings. eMarketplaceXpress allows newspapers to create online classified marketplaces that replace or parallel their existing classified services. It offers online ad-taking and payment options, browse and search capabilities, and complete ecommerce functionality to facilitate buyer-seller transactions. Newspapers can develop new streams of revenue by selling a rich array of value-added features.

About eClassifiedXpress

eClassifiedXpress integrates easily with existing online classified sites to extend the strength and value of both print and online classifieds. It offers buyers and sellers a rich interactive toolset to help them shop and sell online. Newspapers can build new streams of ongoing revenue from up-sell packages based on eClassifiedXpress' tools and features.

About Ask Our Expert

Ask Our Expert is an online feature for newspapers that offers local business people and professionals a forum to answer questions as experts in their fields. Companies receive their own website within a larger Expert site where they can profile their business and answer questions posted by readers; email notices draw readers back to the site when answers are posted. Ask Our Expert provides local businesses with a unique way to promote their company and build their business, while providing newspapers with a source of valuable online content, a way to secure new advertisers, and a new stream of recurring revenue.

Newspaper Industry Investors

The McClatchy Company
Lee Enterprises, Inc. (NYSE: LEE)
FP Canadian Newspapers LP

Newspaper Clients

CityXpress has more than 350 clients representing newspapers of all sizes in North America, South America, Europe, Australasia and South Africa, including newspapers owned by:

Advance Publications
Barclay Brothers (UK)
CanWest Global Communications (Canada)
Community Newspaper Holdings
Cox Enterprises
Fairfax (Australia-New Zealand)
Lee Enterprises
McClatchy Co.
Media General
MediaNews Group
The New York Times Company
Newsquest Media Group (UK)
Northcliffe Newspapers Group (UK)
Ottaway Newspapers
Tribune Co.
Trinity Mirror (UK)

Golden Auction Awards

The Golden Auction Awards, presented by CityXpress, honor newspapers that conduct the most successful auctions as measured by a set of key performance criteria: total revenue generated, percentage of items sold and lowest ad discount ratio. The awards are presented to North American and international newspapers in each of four circulation bands: 50,000 and under, 50,000 to 125,000, 125,000 to 250,000 and 250,000 and above. CityXpress also issues a separate award each year to recognize the newspaper that conducts the highest revenue-earning auction overall. All newspapers that conduct a CityXpress auction are eligible for the awards, which are presented twice yearly for auctions held between January and June and between July and December.

Executive Management

Phil Dubois, President and CEO (Director)
Ken Bradley, Chief Operating Officer and CFO
Jeff Christensen, Vice President - Development and Technology
Peter de Souza, Managing Director - International Division

Jonathan Jacobsen, Vice President - Client Services and Support

Steve Raizen, Vice President - Sales Support and Training
Mike Togyi, Vice President - Sales and Marketing

Board of Directors

Phil Dubois, Chris Hendricks, Jeff Herr, Derek Mather, Greg Schermer, Pat Talamantes and Pascal Spothelfer.

Offices: CityXpress is headquartered in Vancouver BC with sales offices in the United States and the United Kingdom.

URL: www.cityxpress.com

Employees: Approximately 50

Ownership: Privately held - founded 1997

Media Contact:
Duart Snow
604.638.3812


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