SX2 Media Labs Targets Passionate Technology Enthusiasts in Print and Online: Acquisition of Computer Shopper Magazine First Step Towards Goal

NEW YORK, Feb. 14 /PRNewswire/ -- SX2 Media Labs (http://www.sx2medialabs.com) announced that it has completed its acquisition of Computer Shopper magazine and related assets from CNET Networks, marking its first step toward becoming a major provider of information for passionate technology enthusiasts.

Founded in 2005 by David Sills and Barry Schwimmer, SX2 Media Labs plans to pursue acquisitions of magazines and other niche media businesses in related fields, creating an essential source of technology information that affects readers' lives and shapes the industry's future.

"SX2 Media Labs will be focusing on new opportunities that will allow us to grow our footprint in the technology space," said David Sills, President and CEO of SX2 Media Labs. "Building on the strength of the Computer Shopper franchise we believe that we can create an unbeatable portfolio -- in print and online -- for passionate technology enthusiasts that a wide range of advertisers want to reach."

"We are excited about the road ahead," said Barry Schwimmer, Chairman of SX2 Media Labs. "There are many properties that have yet to reach their full potential, and we look forward to providing the catalyst for their growth."

The company will continue to publish Computer Shopper, CNET Digital Living Magazine, the College Buying Guide and computershopper.com without interruption from its offices in New York City. Janice Chen will remain Editor in Chief, continuing to produce the most comprehensive guide to today's technology and attracting the same audience of vibrant newsstand readers and loyal subscribers.

About Computer Shopper:
Computer Shopper magazine is the most comprehensive guide to today's technology. Now in its 26th year, Computer Shopper provides critical guidance about technology products to its audience of passionate, loyal readers who are highly engaged in its editorial and advertising. Computer Shopper readers are more likely to be interested in advertising than the readers of any magazine measured by MRI.
(Source: MRI, Fall 2005).

About SX2 Media Labs, LLC:
SX2 Media Labs was founded in 2005 by David Sills and Barry Schwimmer to serve passionate technology enthusiasts in print and online. With vast experience in magazine and niche media publishing and finance and investment banking respectively, Sills and Schwimmer plan to grow the company through acquisitions of magazines and other niche media businesses in related fields.

CONTACT
SX2 Media Labs
Josh London, 646.472.3853
Josh.London@sx2medialabs.com