GlobeSt.com will provide in-depth and breaking commercial realestate news around the clock in 25 city and region-level marketsthroughout the country, increasing to 40 markets by year end. TheGlobeSt.com destination, scheduled for launch in August, willprovide unlimited access free of charge.

Anup Bagaria, a Managing Director of Wasserstein Perella &Co., Inc., stated, "GlobeSt.com's content-driven destinationleverages an Internet model that we are finding to be increasinglysuccessful in professional vertical markets. GlobeSt.com becomesthe fourth comprehensive vertical Web destination in our portfolio,joining dbusiness.com, thedailydeal.com, and law.com. We stronglybelieve that GlobeSt.com will become the dominant source ofcommercial real estate news."

Jonathan A. Schein, President and CEO of Real Estate Media Inc.,and Publisher of GlobeSt.com, stated, "Our objective is to createthe premier destination for original and timely commercial realestate-related content on the Internet."