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Press Release #0045

Dominion Enterprises Acquires Leading Website Developer
Advanced Access

Expands Customer Base in Real Estate Sector; Extends Homes.com Portal as Data Source

(Norfolk, VA - September 20, 2006) - Dominion Enterprises, a leading media and information services company, said today that it will acquire Advanced Access, Anaheim, Calif., for an undisclosed cash purchase price.

With nearly 35,000 customers, Advanced Access is the leading provider of web design, Internet marketing and hosting services for real estate professionals in the United States. The company has annualized revenue of approximately $15 million and employs 130 people in Orange County.

"Today's acquisition adds another significant piece to Dominion's array of real estate marketing services," said CEO Conrad Hall. "With Advanced Access' clients, we now provide print and Internet advertising and marketing services to over 145,000 real estate customers nationwide."

Dominion's existing real estate Internet businesses include: Homes.com, a homes-for-sale portal and web services provider; 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. In addition to these Internet businesses, Dominion Enterprises is the largest publisher of free distribution residential real estate magazines including Harmon Homes, Homes Solutions, New Homes & Living, and Distinctive Homes.

"Adding Advanced Access to the family of services that we provide today—from classified and display print, to portal listings to web site hosting, data distribution, lead management, and paid and organic search marketing—uniquely positions us to serve real estate professionals in ways that no other company can," said Peter Ill, vice president and general manager of Dominion's Internet real estate properties. ?We are delighted to welcome Advanced Access to the Dominion family."

Advanced Access President Justin Davis and the current management team will all stay in place as Dominion looks to continue building on ADVANCED's industry leading reputation.

"Since being founded in 1985 by John and Jerra Morris, our mission has always been to provide state-of-the-art web products for the real estate industry and to back them up with superior service," said Davis. "We are excited to combine our family of customers with the resources and breadth of Dominion to build even better products and set new standards of service."

RELATED MEDIA COVERAGE

9/29/2006 Broker Agent News
9/21/2006 RISMEDIA

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