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COMPANY HISTORY

Visual Properties, L.L.C., a Chicagoland apartment locator service founded in 1992, launched the Apartments Plus Web site in January 1997 to support its local retail apartment locator business. By April 1997, the site included national listings and in December 1997, Classified Ventures acquired ApartmentsPlus as its online apartment advertising solution for newspapers nationwide. ApartmentsPlus was re-launched as Apartments.com in March 1998 and is focused solely online.

Timeline:

1992:   Visual Properties founded
     
1993- 1996:   Visual Properties develops its proprietary computer system known as OASIS (Online Apartment Search and Information System), and operates three retail offices in the Chicago area
     
Jan 97:   After refining its technology for four years with 20,000 Chicagoland renters, Visual Properties launches the ApartmentsPlus Web site as a local online extension of its retail services
     
Apr 97:   ApartmentsPlus site goes national
     
Jun 97:    ApartmentsPlus introduces Video Walk-Around, enabling apartment hunters to take a virtual tour by pointing and clicking a mouse
     
Jun 97:    ApartmentsPlus partners with Classifieds2000, the Internet�s top-rated classifieds service, to distribute its content on highly trafficked Web sites
     
Sep 97:    ApartmentsPlus launches an exclusive apartment area in America Online�s Real Estate Channel
     
Dec 97:   ApartmentsPlus is selected by AT&T WorldNet, the nation�s leading direct Internet access service, to be the sole content provider for its Real Estate area
     
Dec 17, 97:   The Times Mirror Company, Tribune Company and The Washington Post Company announce the creation of Classified Ventures, a partnership to help newspapers expand their position, using Internet technologies, as the nation's leading suppliers of classified advertising
     
Jan 15, 98:   CV acquires Visual Properties and its ApartmentsPlus Web site. ApartmentsPlus is selected to be the online apartment advertising solution for newspaper affiliates across the country
     
Mar 12, 98:   ApartmentsPlus changes its name to Apartments.com and its Internet address to www.apartments.com
     
May 98:    Apartments.com launches on the Web site of its first affiliate, The Washington Post
     
May 7, 98:   Knight Ridder joins CV
     
May 21, 98:   Central Newspapers, Gannett and the McClatchy Company join CV
     
Jun 98:    Apartments.com introduces v4.0, known as �Community View,� offering the most comprehensive presentation of apartment communities online
     
Jul 98:   Apartments.com wins CIO Web Business 50/50 award and named one of top 50 Internet sites
     
Jul 30, 98:    The New York Times Company joins CV
     
Dec 98:   Apartments.com introduces Smart Mail, a free email notification service to alert apartment hunters to new listings that meet their search criteria
     
Dec 98:   Apartments.com passes 1 million in monthly visits for the first time
     
Feb 99:   Apartments.com launched as exclusive provider of apartment listings on SINANET.com, the largest Chinese-language portal
     
Mar 99:   Apartments.com launched on USATODAY.com
     
Apr 99:   Apartments.com introduces Bronze Ad package to affiliates, featuring a limited data set targeting property managers of smaller apartment communities/buildings
     
Apr 99:    Apartments.com introduces service from E-call, assigning advertisers a custom 800# number apartment hunters can call from their online ad
     
Apr 99:   Apartments.com exceeds 1.7 million in monthly traffic; delivers more than 27,000 e-mail and faxed leads to advertisers
     
Apr 99:   Monthly Media Metrix traffic report shows Apartments.com to be the fastest-growing online apartment site
     
Sep 29, 99:   The Denver Post, the first non-investor affiliate, joins the CV network
     
Feb 17, 00:    The San Diego Union-Tribune, the second non-investor affiliate, joins the CV network.
     
Apr 00:    MovingCenter is launched to the affiliate network.
     
Jun 5, 00:   MovingCenter launches redesigned site. New features include "My Move Manager" that tracks the progress of the move through each phase and offers checklists of things to consider and tasks to accomplish
     
Oct 00:   OneClick Moving debuts on the MovingCenter allowing consumers a one-step system for evaluating a variety of moving services
     
Nov 3, 00:   Dan Jauernig is named President and CEO of Classified Ventures
     
Dec 00:   The Corporate Housing product (addressing a $2.3 billion industry with more than 76,000 apartments) is launched with its own separate search accessible from the Apartments.com homepage
     
Mar 01:    Apartments.com passes 3 million in monthly visits for the first time and delivers more than 400,000 e-mail and faxed leads to advertisers
     
Mar 01:   The Corporate Housing product is averaging 80,000 searches per month with 350 new advertisers listed
     
Apr 01:   Apartments.com transitions to CallSource to provide advertisers a trackable custom 800# number for each online ad with real time access to reports including the time, date, duration and location of every Apartments.com phone lead
     
Apr 01:    Apartments.com launches Property On a Disk (POD) enabling advertisers to show their Apartments.com ad (packaged on a CD-ROM) from any location without maintaining an Internet connection
     
May 01:   Apartments.com passes the 8,000 mark in total trade customers
     
May 01:   The Apartments.com Messiest College Apartment Contest receives several marketing and PR awards: Superior Achievement in Branding and Reputation Awards (Winner, Certificate of Excellence, Media Placement, Television); Public Relations Society of America Skyline Awards (Winner, Skyline Award, Technology Consumer Marketing); International Association of Business Communicators Spectra Awards (Winner, Spectra Award, Marketing/Branding Communication)
     
Jul 01:    Property Online Updater  - Updater 2.1. released.  Property managers enabled to change portions of their ad online at Apartments.com
     
Aug 01:     Apartments.com is completely redesigned to fully integrated Moving Center into the Apartments.com design and navigational structure. Enhanced search results with expanded sorting abilities. A redesigned, rebuilt, and expanded Property Manager Center launched for the trade
     
Sep 01:   Apartments.com donates $5,000 to the American Red Cross through the National Apartment Association in support of the September 11th Relief Fund
     
Mar 02:   Apartments.com celebrates its 4th year in strong fashion during only a 10-day period in February it sent advertisers more leads than in all of 1998
     
Apr 02:   The 3rd Annual Apartments.com Messiest College Apartment Contest once again gains national attention via NBCs Today Show and Last Call with Carson Daly as well as being nominated for additional PR industry awards.

Apartments.com achieves 40mm page views the biggest month ever
     
May 02:   Apartments.com launches its newest version of Property Listing Updater giving select users the ability to use one username and password to view and access all properties managed by the same management company
     
Jun 02:   Apartments.com welcomes its 100 millionth visitor and adds its 10,000 customer
     
Oct 02:   Apartments.com sends its 10 millionth lead to advertising properties
     
Dec 02:   Apartments.com conducts the first Apartments.com University in Dallas, TX
     
May 03:   Apartments.com launches its first co-branded, Spanish language site with La Opinion
     
Sep 03:   Apartments.com introduces new search features that make apartment searching easier and more efficient: Property Name Search, Zip Code Search and Printable Brochure
     
Dec 03:   Apartments.com launches PropShop, the first free mystery shopper tool offered by any Internet listing service.
     
Jan 04 :   Apartments.com direct market sales team grows to include local service in 90 markets
     
Feb 04:   Apartments.com launches first annual Apartments.com Room to Move Contest
     
May 04:   Apartments.com sends record number of leads to advertisers with more than 400,000 leads sent in one month and holds the #1 position among top rental sites for the greatest number of unique visitors
     
Mar 05 :   Apartments.com launches Online Reporting giving advertisers 24/7 access to lead data
     
Apr 05:   Apartments.com and Ronald McDonald House of Chicagoland and Northwest Indiana partner for Green Giving charity campaign
     
Apr 05:   Apartments.com launches Featured Community Listings
     
Jun 05:   Apartments.com receives the Webby Awards Peoples Voice Award for Best Real Estate Site
     
Sep 05:   Apartments.com launches redesigned home page and search results pages and moves to .NET platform
     
Nov 05:   Apartments.com launches ApartmentsPlus
     
Dec 05:   Apartments.com finishes up the year with record breaking metrics driving more than 34 million visitors to the site and sending more than 7 million leads to advertisers
     
Jan 06:   Apartments.com launches RentalHomesPlus
     
Apr 06:   Apartments.com moves to 6th Floor of 175 West Jackson building. Tim Fagan is promoted to President of Classified Ventures Real Estate division
     
May 06:   Apartments.com names Kevin Doyle senior vice president and general manager of Apartments.com
     
Feb 07:   Apartments.com announces the addition of Apartment Living, a new interactive lifestyle center, to its Web site