Friday, July 4, 2008

Salem Web Network Acquires Intercristo.com

Photo: Christian Newswire
Salem Web Network Acquires Intercristo.com

Site Further Strengthens Salem's Position as Christian Employment Services Leader

RICHMOND, Virg., June 23 /Christian Newswire/ -- Salem Web Network, a subsidiary of Salem Communications Corporation (Nasdaq:SALM), the leading radio broadcaster, Internet content provider and magazine and book publisher focused on Christian, conservative values and family-themed content announced that it has acquired Intercristo.com, one of the nation's oldest and most respected online Christian employment websites, from CRISTA Ministries.


The addition of Intercristo.com will complement Salem's other job-focused websites, ChristianJobs.com and ChurchStaffing.com, offering job-seekers the broadest selection of opportunities while giving Christian-friendly companies and organizations access to the largest Christian audience anywhere.

According to Rick Killingsworth, senior vice president of Salem Web Network, Intercristo.com will enhance the company's ability to serve the unique employment needs of the Christian marketplace. "Intercristo.com has long been one of the preeminent websites focusing on employment within the Christian community. With this addition to our growing portfolio of sites, Salem Web Network is now the one-stop employment source serving faith- based and family-friendly consumers and businesses."

CRISTA President and CEO Bob Lonac commented that the sale of Intercristo to Salem Web Network was the next step in the growth of the Christian employment site. "After much consideration and prayer between all parties, it was clear that Intercristo could reach a far greater number of people for the mission of serving Christ when matched with Salem and the massive exposure this partnership will provide."

In addition to Intercristo.com, Salem owns ChristianJobs.com, ChurchStaffing.com, OnePlace.com, Christianity.com, Crosswalk.com , SermonSearch.com, CrossCards.com, CrossDaily.com, and TheFish.com, making Salem the number one online destination for Christian content.

Salem Communications (Nasdaq: SALM) is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values. In addition to its radio properties, Salem owns Salem Radio Network(R), which syndicates talk, news and music programming to approximately 2,000 affiliates; Salem Radio Representatives(TM), a national radio advertising sales force; Salem Web Network(TM), an Internet provider of Christian content and online streaming; and Salem Publishing(TM), a publisher of Christian- themed magazines. Upon the close of all announced transactions, the company will own 95 radio stations, including 58 stations in 22 of the top 25 markets. Additional information about Salem may be accessed at the company's website, www.salem.cc.

3mnewswire.org

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