A. H. Belo Corporation to Offer ResponseLogix's Lead Management System to Auto Dealers
July 22 2008 - 4:00PM
PR Newswire (US)
Media Company to Also Take Equity Position in ResponseLogix(TM),
Inc. DALLAS, July 22 /PRNewswire-FirstCall/ -- A. H. Belo
Corporation (NYSE:AHC) announced today that the Company has made a
minority equity investment in ResponseLogix, Inc. and entered into
a multiyear agreement to resell the ResponseLogix Internet-based
customer lead management system to automotive advertisers.
ResponseLogix, headquartered in Sunnyvale, CA, provides advanced
technology solutions for managing automotive dealer Internet leads.
A. H. Belo joins Shasta Ventures, GRP Partners and Belo Corp. as
equity partners in ResponseLogix. In markets where AHC operates,
the Company will market, sell and service ResponseLogix's full
suite of products and services. Dave Ellett, president and General
Manager of Belo Interactive Media, said, "The online automotive
market segment has been a top-performing category for A. H. Belo.
ResponseLogix technology provides our automotive dealer advertisers
industry-leading solutions to more efficiently manage
Internet-generated customer inquiries. Auto dealer advertisers
implementing ResponseLogix benefit by improving customer follow-up
and tracking online leads, potentially resulting in a shortening of
the sales cycle and higher sales volume. ResponseLogix technology
provides auto dealers a measurable return on investment of their
advertising dollars." Tom Mohr, ResponseLogix's Chief Executive
Officer said, "We are extremely pleased to have A. H. Belo as both
an investor and a channel partner in helping us bring our proven
Internet lead management solutions to the market. A. H. Belo has
strong automotive dealer relationships spanning decades and
ResponseLogix is fortunate to be able to leverage those
relationships." Ed Olkkola, A. H. Belo's senior vice
president/Business Development, added, "After examining the
partnership potential with ResponseLogix, we concluded a strategic
investment made sense. With the backing of two experienced venture
capital firms, GRP Partners and Shasta Ventures, and a first-rate
management team led by co-founder and Chief Executive Officer Tom
Mohr, we are confident that the business plan being pursued by
ResponseLogix will lead to measurable results. We are excited to
provide our auto dealer advertisers with lead management solutions
that can improve their profitability." About A. H. Belo Corporation
A. H. Belo Corporation (NYSE:AHC) headquartered in Dallas, Texas,
is a distinguished news and information company that owns and
operates four daily newspapers and 12 associated Web sites. A. H.
Belo publishes The Dallas Morning News, Texas' leading newspaper
and winner of eight Pulitzer Prizes since 1986; The Providence
Journal, the oldest continuously-published daily newspaper in the
U.S. and winner of four Pulitzer Prizes; The Press-Enterprise
(Riverside, CA), serving southern California's Inland Empire region
and winner of one Pulitzer Prize; and the Denton Record-Chronicle.
The Company publishes various specialty publications targeting
niche audiences, young adults and the fast-growing Hispanic market.
A. H. Belo also owns direct mail and commercial printing
businesses. Additional information is available at
http://www.ahbelo.com/ or by contacting Maribel Correa,
director/Investor Relations, at 214-977-2702. About ResponseLogix
Founded in early 2007, ResponseLogix takes auto dealers' Internet
sales departments to the next level of productivity and
profitability. ResponseLogix solves the three biggest challenges in
the Internet sales process: the speed and quality of initial
response to leads; the impact and consistency of ongoing follow up;
and, the effectiveness of the live communications in-between.
ResponseLogix is the only solution in the marketplace that solves
all three of these issues while delivering personalized messages to
the customer that are timely, consistent, and relevant.
ResponseLogix incubated its business on the premises of a Top-25
Internet dealership in Sunnyvale, California. Contacts: A. H. Belo
Corporation Maribel Correa Director/Investor Relations (214)
977-2702 ResponseLogix Tom Mohr President and Chief Executive
Officer (408) 533-0222 Statements in this communication concerning
A. H. Belo Corporation's ("the Company's") business outlook or
future economic performance, anticipated profitability, revenues,
expenses, dividends, capital expenditures, investments, future
financings, and other financial and non-financial items that are
not historical facts, are "forward-looking statements" as the term
is defined under applicable federal securities laws.
Forward-looking statements are subject to risks, uncertainties and
other factors that could cause actual results to differ materially
from those statements. Such risks, uncertainties and factors
include, but are not limited to, changes in capital market
conditions and prospects, and other factors such as changes in
advertising demand, interest rates, and newsprint prices; newspaper
circulation matters, including changes in readership patterns and
demography, and audits and related actions by the Audit Bureau of
Circulations; circulation trends; technological changes;
development of Internet commerce; industry cycles; changes in
pricing or other actions by competitors and suppliers; regulatory,
tax and legal changes; adoption of new accounting standards or
changes in existing accounting standards by the Financial
Accounting Standards Board or other accounting standard-setting
bodies or authorities; the effects of Company acquisitions,
dispositions, co-owned ventures, and investments; general economic
conditions; significant armed conflict; and other factors beyond
our control, as well as other risks described in the Company's
Annual Report on Form 10-K and other public disclosures and filings
with the Securities and Exchange Commission, including the
Company's information statement on Form 10 dated January 31, 2008.
DATASOURCE: A. H. Belo Corporation CONTACT: Maribel Correa,
Director-Investor Relations of A. H. Belo Corporation,
+1-214-977-2702, ; or Tom Mohr, President and Chief Executive
Officer of ResponseLogix, +1-408-533-0222, Web site:
http://www.ahbelo.com/
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