5 June 2007
Totally Plc
("Totally" or "the Company")
Joint Venture Agreement with Real City Network Limited
Totally Plc (ticker `TLY'), the AIM quoted international publisher and internet
services provider announces that Totally Communications Limited, a wholly owned
subsidiary of the Company, ("Totally Communications") has entered into a joint
venture agreement with Real City Network Limited (`'RCN''), publishers of the
`REAL' brand of online city guides including REALSoho.co.uk, REALBrighton.com,
REALManchester.com and REALLiverpool.com.
Under the terms of a joint venture agreement, Totally Communications will
provide its proprietary online private property classified software to be
implemented across the current and future RCN portfolio.
The revenues generated by the joint venture will be shared and derived from
consumers posting classified listings onto the RCN websites. RCN currently has
4 active sites and 8 Beta sites including REALSydney.net and REALMelbourne.net
that provide event and general information listings on cities whose total
population is in excess of 20 million people. The typical cost of a classified
listing will be between £10 and £20.
Daniel Assor, CEO of Totally Plc said, "We are extremely excited to be
partnering with Real City Network and their `REAL' city guides portfolio. The
deal further illustrates our ability to use our proprietary online publishing
software in partnership with other publishers, broadcasters and content owners.
We expect to announce the launch of further joint ventures in the near
future.''
Sam Milford, co-owner of Real City Network, said, "This agreement with Totally
will allow us to provide a fully managed flatshare service to our growing
network of city guides. We are very pleased to be able to offer our audience a
simple way to locate flatshare opportunities both in their local city and
across our international network of sites."
Totally also announces the launch of www.JPod.com a US apartment sharing
platform aimed specifically at America's Jewish population which is estimated
to be 5 million people.
For further information:
Daniel Assor, Chief Executive
Totally Plc
T: 020 7692 6929
Simon Clements/David Worlidge
John East & Partners Limited
T: 020 7628 2200
Jon Levinson
HB Corporate
T: 020 7510 8654
Notes to Editors:
Totally Plc (ticker: TLY) is an international publisher and Internet services
provider. The Group listed on AIM in November 2000, has offices in London,
Boston (MA) and Tel Aviv and is fast becoming known for deploying innovative
publishing and technology solutions worldwide.
Since inception Totally has been developing an international portfolio of
publications and online services targeting affluent and influential Jewish
communities around the world. Today Totally owns and operates two leading
Jewish newspapers and the popular online brand TotallyJewish, which supports
websites operating in the high growth sectors of online classifieds, dating,
travel and directories.
At the same time via a wholly owned subsidiary, Totally Communications Limited,
Totally's proprietary online publishing software is being used to exploit new
revenue opportunities in partnership with other third party media owners and is
also the foundation for a fast growing web development agency.
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