SOURCE: Hanley Wood

May 31, 2005 15:49 ET

Hanley Wood Names New Group Publisher to Consumer Group

WASHINGTON, DC -- (MARKET WIRE) -- May 31, 2005 -- Hanley Wood Magazines Division has appointed Russ Ellis Group Publisher, Consumer Group. Based in Washington, Hanley Wood Magazines Consumer Group publishes Special Interest Publications, house plans magazines and books.

Ellis comes to Hanley Wood from Primedia where he was most recently group publisher in the Home Technology and Photography division which included Petersen Photographic, Shutterbug and e Digital Photo magazines. Under his leadership, the division grew market share more than 50% while competing in a 10-book field. Ellis also developed and executed a sales strategy to include cross magazine and cross platform selling and added new revenue streams from SIPs, custom publishing, events and Web sites.

His prior publishing experience includes 10 years at Meredith Corporation. He has also managed a national Internet sales organization and began his career in advertising at McCann Erickson in New York City.

"Russ is a great addition to our winning consumer team," says Peter Goldstone, President, Magazines Division. "He has the experience and talent to help us meet our strategic goal to double our consumer print platform."

For over 60 years, Hanley Wood Consumer Group, formerly HomePlanners, has been the number-one seller of home plans in the country through a combination of 10 magazines titles, over 50 house plan books, and the top two house plan Web sites -- eplans.com and Dream Home Source.

"I look forward to working with this great brand and joining Hanley Wood," says Ellis. Ellis is married with two children and will work out of Hanley Wood's Washington office.

Hanley Wood, LLC, is the premier media company serving housing and construction. Through five operating divisions, the company produces award-winning magazines and Web sites, marquee trade shows and events, rich data and custom marketing solutions. The company also is North America's leading publisher of home plans. Hanley Wood Magazines (Washington, D.C.), publishes 22 award-winning residential and commercial construction titles, including BUILDER, REMODELING, CUSTOM HOME, CONCRETE CONSTRUCTION and RESIDENTIAL ARCHITECT. In 2004, BUILDER was named to B-to-B magazine's Media Power 50. For consumers, Hanley Wood Magazines publishes shelter magazines and home plans titles and distributes more than 9 million copies to newsstands.

Founded in 1976, Hanley Wood is a $225 million company owned by VS&A Communications Partners III, LP, the private-equity affiliate of media industry merchant bank Veronis Suhler Stevenson.

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