AOL's Digital City, Inc. and AllApartments Announce Partnership to Expand Digital City Real Estate Offerings

September 21, 1998

Vienna, VA, September 21, 1998 - AOL's Digital City, Inc., the nation's #1 local content network and community guide, today announced a two year agreement with AllApartments, the leading provider of apartment listings for consumers on the Internet. Under the agreement, AllApartments becomes a premier provider of rental listings in Digital City's Real Estate / Rentals area, thus significantly growing the current real estate offerings available on Digital City by adding more than 5 million apartment listings to its comprehensive real estate resources. Available on AOL at Keyword: local real estate and on the Web at digitalcity.com/realestate/, AllApartments will be available in all 50 Digital City markets by October 1, 1998. The AllApartments area on Digital City will allow users to search for apartments, free of charge, based on several criteria including price, number of bedrooms, location and over 20 amenities. Growing at a rate of 150,000 new listings per month, AllApartments has emerged as the most comprehensive consumer sources for apartments and other relocation services on the Internet. "We're pleased to offer Digital City users an enhanced real estate resource with the addition of AllApartments extensive apartment listings," said Paul DeBenedictis, President of Digital City, Inc. "Digital City usage is at an all-time high and we continue to build a one-of-a-kind local content resource that's of great value to both consumers and advertisers." "We are excited to be partnering with Digital City because of the strength that they possess as a city resource," said John Helm, CEO of AllApartments. "We admire their commitment to better serving the online community and believe that the addition of AllApartments will greatly increase the value of Digital City to AOL and Internet users." Digital City's Real Estate areas offer members the information they need to know before considering buying, selling or renting in one convenient location. In addition to the AllApartment listings, the Digital City Real Estate area features; Homes For Sale, The Digital City Relocation Guide, valuable mortgage information and a Real Estate Showcase area complete with hundreds of local listings, names of local Real Estate Agents, mortgage companies and more.

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