TopTenREVIEWS Acquires Technology and Entertainment Web Sites Space.com, LiveScience.com and Newsarama.com

Mon Oct 26, 2009 10:29am EDT
 
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OGDEN, Utah--(Business Wire)--
TopTenREVIEWS today announced it has acquired the Consumer Media Division of
Imaginova Inc., a privately held company based in New York City. Included in the
acquisition are Space.com, LiveScience.com and Newsarama.com. As part of the
ongoing expansion, TopTenREVIEWS has established the TechMediaNetwork to
incorporate these properties. 

TopTenREVIEWS, the 4th largest technology news site according to September 2009
U.S. comScore Media Metrix data, joins Space.com, LiveScience.com and
Newsarama.com as TechMediaNetwork properties, a network encompassing technology,
science and entertainment. Combined, 12.2 million people visit TechMediaNetwork
sites each month. 

"This acquisition expands TopTenREVIEWS' coverage as a trusted technology
adviser and strengthens the company as a source of technology news," said
TopTenREVIEWS founder and CEO Jerry Ropelato. "We see strong potential for
growth in traffic and revenue as a result of the synergy between the sites." 

TopTenREVIEWS is a privately held technology review Web site covering software,
Web services, consumer electronics and entertainment, offering millions of
reviews in more than 350 categories. With Space.com, LiveScience.com and
Newsarama.com, TopTenREVIEWS expands its coverage to include news and
information about technology, science and comic genre entertainment, in addition
to content about purchasing the best technology and entertainment products.
TopTenREVIEWS will expand its coverage of consumer reviews to include products
and services related to the new properties. 

"Creating TechMediaNetwork is a natural progression in our company`s goal to
create a more comprehensive network of technology and entertainment news,
information and purchasing advice," said Stan Bassett, president of
TopTenREVIEWS. "Our new tech network broadens our ability to educate people on a
wider range of topics - from astronomy to health to computer security." 

The sites, each brand leaders in their markets, will remain fundamentally the
same. The science properties syndicate original content to the following news
portals: Yahoo!, MSNBC, AOL, USA Today and FoxNews.com. TopTenREVIEWS will also
continue the relationships Imaginova had with the scientific community,
including the National Science Foundation (NSF) and the National Aeronautics and
Space Administration (NASA), while expanding its technology and entertainment
coverage. 

Space enthusiasts visit Space.com for compelling content about space science,
astronomy and exploration news. Launched in 1999, Space.com has enjoyed the past
management participation of several key space-related public figures. 

LiveScience.com is the leading source for groundbreaking developments in health,
the environment and technology. It is the 2007 winner of the Online Journalism
Award for Specialty Journalism among large Web sites, by the Online News
Association (ONA). Known for its ability to convert often complex concepts into
simple explanations, LiveScience attracts millions of visitors each month. 

Newsarama.com provides comprehensive coverage and commentary of comics and
genre-related entertainment. It won the 2008 Eisner Award for Best
Comics-Related Periodical/Journalism. Entertainment Weekly included Newsarama in
its list of "100 Greatest Websites," and the American Library Association lists
it as a research resource in the field of comics. 

Founded in 2003, TopTenREVIEWS.com provides consumers with side-by-side product
and pricing comparisons to help them research, shop and purchase technology and
entertainment products and services. To fuel growth, TopTenREVIEWS received a
Series A investment from venture capital firms Highway 12 Ventures and Village
Ventures in June 2008. The investment in TopTenREVIEWS built on the success of
the initially self-funded company's vision to change the way consumers shop for
technology and entertainment products and services by providing helpful,
accurate and unbiased reviews and resources. 

To learn more about TechMediaNetwork, visit www.techmedianetwork.com. For more
information about TopTenREVIEWS, visit: www.toptenreviews.com/about-us.html. For
more information on LiveScience, visit: www.livescience.com; Space.com,
www.space.com; and Newsarama, www.newsarama.com. 

TopTenREVIEWS is a trademark of TopTenREVIEWS Inc. All other names are used for
identification purposes only and may be trademarks of their respective owners.

TopTenREVIEWS
Mark Fredrickson, 801-452-7654
pr@toptenreviews.com

Copyright Business Wire 2009

 

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