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Dominion Enterprises Acquires Leading Real Estate Solutions Provider Pullan Communications

Posted on: Monday, 8 January 2007, 09:00 CST

NORFOLK, Va., Jan. 8 /PRNewswire/ -- Dominion Enterprises, a leading media and information services company, today said that it has acquired Pullan Communications, Los Angeles, Calif., for an undisclosed cash purchase price.

With nearly 6,000 customers, Pullan Communications is a leader in real estate marketing solutions and provides Web site development and e-mail marketing services to real estate professionals nationwide, with particular strengths in California and Hawaii. The company has annual revenue of approximately $2.3 million.

"The acquisition of Pullan Communications is a further step in Dominion's ongoing strategy to build our offering of real estate marketing services," said Peter Ill, senior vice president and general manager of Dominion's Internet real estate properties. "With this acquisition, we now provide print and Internet advertising and marketing services to over 150,000 real estate customers nationwide."

The acquisition follows Dominion's purchase of Advanced Access, Anaheim, Calif., in September 2006, and strengthens the Company's leadership in web services and classified advertising for the real estate industry. With the addition of Pullan's online e-mail marketing systems and lead generation solutions, Dominion will provide one of the most comprehensive offerings of Internet tools for real estate professionals.

Dominion's portfolio of real estate solutions currently includes: Homes.com, a homes-for-sale portal and web services provider; Advanced Access, a leading provider of web design, Internet marketing and hosting services for real estate professionals; Best Image Marketing/NUMBER1EXPERT, the premier provider of Internet marketing services to top-producing real estate agents; Katabat, a leading website and lead management provider for brokers; and HarmonHomes.com. Dominion Enterprises is also the largest publisher of free distribution residential real estate magazines including Harmon Homes, Home Solutions, New Homes & Living, and Distinctive Homes.

President of Pullan Communications Terry Pullan, who founded the company with his wife Andrea in 2001, will continue with Dominion as general manager of the business.

"Since our inception, we have looked for innovative ways to help the real estate professional improve business practices and utilize the Internet to connect with their customers," said Pullan. "I am pleased to be continuing on this mission as part of a much larger total offering through Dominion Enterprises."

About Pullan Communications

Pullan Communications was founded in 2001 with a mission to deliver the latest in Internet technology to the real estate industry. It rapidly grew to be the industry leader in providing dynamic web sites to real estate agents and brokers. The company has continually kept abreast of the cutting edge technologies, and today offers a powerful suite of technology marketing solutions for real estate professionals. These include state-of-the-art real estate agent and broker websites, online email marketing systems including e-Prospecting(R) and educational webcasts discussing lead generation, lead incubation, and best practices for search engine marketing and optimization. Pullan real estate marketing solutions take the effort out of real estate marketing and prospecting, enabling agents to focus on their clients. Please visit http://www.pullan.com/.

About Dominion Enterprises

Dominion Enterprises, headquartered in Norfolk, Va., is a leading media and information services company serving employment, real estate, recreation, and industrial markets in the United States. The company has 503 paid and free magazine titles such as For Rent, Harmon Homes, The Employment Guide, Boat Trader, Cycle Trader and RV Trader with a combined weekly circulation of nearly 6 million; over 40 market-leading websites such as ForRent.com, HarmonHomes.com, Homes.com, and Traderonline.com reaching over 8 million monthly visitors; data capture and distribution businesses such as Dealer Specialties; and web services businesses across all the company's industry categories. The company has 6,600 employees nationwide and estimated 2006 annual revenue of $850 million. For more information on Dominion Enterprises, visit http://www.dominionenterprises.com/.

Dominion Enterprises

CONTACT: A.J. Goodman, of Ketchum, New York, for Dominion Enterprisesand Pullan Communications, +1-646-935-4123, aj.goodman@ketchum.com

Web site: http://www.dominionenterprises.com/http://www.pullan.com/

Source: PRNewswire

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