Journal Register Company Acquires JobsInTheUS, Parent Company of JobsInNH.com, JobsInVT.com and JobsInRI.com

A small company based in Maine serving New England region with state specific Web sites such as JobsInNH.com, JobsInVT.com and JobsInRI.com is bought by a leading national publication.

Westbrook, ME (PRWEB) December 8, 2005 -- JobsInTheUS, owner of JobsInTheUS.com, JobsInME.com, JobsInNH.com, JobsInVT.com and JobsInRI.com, has sold its assets to Journal Register Company (NYSE: JRC) based in Trenton, New Jersey. Robert M. Jelenic, Chairman and Chief Executive Officer of Journal Register Company, announced the acquisition today. Journal Register Company has 27 daily newspapers, 338 non-daily publications and 206 Web sites affiliated with the Company’s publications.

“We are very pleased to welcome Matt Hoffner and his team,” said Jelenic, “along with the online recruiting community of JobsInTheUS’ Web sites to the Journal Register Company family. The quality product and local focus of each of the state-specific job sites, such as JobsInME.com, make JobsInTheUS a great fit with the local focus of our print and online products. We look forward to continuing to build on the tremendous foundation and the impressive growth of these Web sites.”

Jean B. Clifton, President and Chief Operating Officer of Journal Register Company, added, “This is an exciting acquisition for Journal Register Company as JobsInTheUS’ Web sites become the cornerstone of our expanded online recruitment products. JobsInTheUS has developed an impressive local model in the northeast states and we look forward to working with them to expand into new markets and JRC clusters. This high quality online product offering, paired with Journal Register Company’s local newspapers and Web sites is an important step for the future of our Company. We look forward to working with Matt Hoffner and his team to support the continued expansion of JobsInTheUS and to expand our current local online presence and offerings to our and readers and advertisers. Revenues from JobsInTheUS Web sites are projected to be approximately $3 million for the full year 2005.”

Hoffner, President and CEO of JobsInTheUS stated, “My staff and I are thrilled to be part of an innovative and forward-thinking company such as Journal Register Company. We believe our clients, both job seekers and businesses, will benefit greatly from this combination. We will continue to offer a quality, locally-focused recruiting tool to our current subscribers. This acquisition will also allow us to expand into other states in 2006, which will mean adding a significant number of jobs here in Westbrook.”

JobsInTheUS was advised by Daniels & Associates in connection with the sale. The terms of the transaction have not been disclosed.

About Journal Register Company
Journal Register Company (NYSE: JRC) is a leading U.S. newspaper publishing company. Journal Register Company owns 27 daily newspapers, including the New Haven Register, Connecticut’s second largest daily and Sunday newspaper, and 338 non-daily publications. Journal Register Company currently operates 206 individual Web sites that are affiliated with the Company’s daily newspapers and non-daily publications. The Company also operates six JobsInTheUS.com Web sites. These Web sites can be accessed at www.JournalRegister.com and www.JobsInTheUS.com. All of the Company’s operations are strategically clustered in seven geographic areas: Greater Philadelphia; Michigan; Connecticut; Greater Cleveland; Central New England; and the Capital-Saratoga and Mid-Hudson regions of New York. The Company also has an investment in PowerOne Media, LLC, a leading provider of online solutions for newspapers, hosting the largest online newspaper network in the U.S.

About JobsInTheUS
Founded in 1999, JobsInTheUS is one of the fastest-growing local job Internet sites – both in terms of unique visits to the Web sites and jobs posted. Headquartered in Westbrook, Maine, the company specializes in state-specific job Internet sites where qualified candidates who want to work in a particular region find a match with local employers at a lower cost for employers than other recruiting methods.

This news release contains forward-looking statements that involve a number of risks and uncertainties, which could cause actual results to differ materially. These include, but are not limited to, the success of the Company's acquisition strategy, including the acquisition of 21st Century Newspapers, dispositions, the ability of the Company to achieve cost reductions and integrate acquisitions, including the acquisition of 21st Century Newspapers, competitive pressures, general or regional economic conditions and advertising trends, the unavailability or a material increase in the price of newsprint and increases in interest rates. These and additional risk factors are outlined in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

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