InvestorsHub Logo
Followers 22
Posts 17026
Boards Moderated 2
Alias Born 06/05/2004

Re: None

Wednesday, 05/30/2007 11:43:00 PM

Wednesday, May 30, 2007 11:43:00 PM

Post# of 91
Recent News Releases


PlanetOut Inc. Announces New Board Member, Phillip Kleweno, Former President of Princess Cruises

SAN FRANCISCO, February 26, 2007 -- PlanetOut Inc. (Nasdaq: LGBT), the leading media and entertainment company exclusively focused on the gay and lesbian market, announced today the appointment of Phillip Kleweno to its Board of Directors effective immediately, and the resignation of board member Allen Morgan.
"We are very pleased that Phillip has joined our Board," said Karen Magee, CEO, PlanetOut Inc. "We believe he will be a great asset to us, especially with his keen knowledge of the cruise business from his days at Princess and with his expertise in the media and entertainment industry from his work at Bain & Company."

Kleweno, 45, until recently was the president and CEO of Teleflora, a leading floral service and products company. Prior to that he served as president at Princess Cruises. He was also a partner at Bain & Company, with industry expertise in areas including media, entertainment, travel and e-commerce. He received his MBA from the Harvard Graduate School of Business Administration and holds a bachelor's degree from Arizona State University where he graduated magna cum laude and majored in finance.

In related news, board member Allen Morgan has stepped down from the board. "We want to thank Allen for his years of service to the company during which time his guidance proved invaluable," Magee added.

About PlanetOut Inc.

PlanetOut Inc. is the leading global media and entertainment company exclusively serving the lesbian, gay, bisexual and transgender (LGBT) community.

PlanetOut's digital media brands include Gay.com, PlanetOut.com, Advocate.com, Out.com, OutTraveler.com and HIVPlusMag.com, as well as localized versions of the Gay.com site in English, French, German, Italian, Portuguese and Spanish. PlanetOut print media brands, published by LPI, include The Advocate, Out, The Out Traveler and HIVPlus, as well as SpecPub, Inc. titles. Transaction services brands include e-commerce Web sites Kleptomaniac.com and BuyGay.com, travel and events marketer RSVP Vacations, and book publisher Alyson Publications, among others.

PlanetOut, based in San Francisco with additional offices in New York, Los Angeles, Minneapolis, London and Buenos Aires, offers Global 1000 and local advertisers access to what it believes to be the most extensive multi-channel, multi-platform network of gay and lesbian people in the world. For more information, please visit www.planetoutinc.com.

Contact:

James David
PlanetOut Inc.
+1-415-834-6479
james.david@planetoutinc.com