October 01, 2007 - New York, NY

Interep Announces Discontinuation of National Radio Representation for Emmis Communications

Today Interep (IREP.PK) announced the discontinuation of national representation for the radio stations owned by Emmis Communications.

Dave Kennedy, CEO of Interep, said, "The relationship between Interep and Emmis has been long and mutually profitable. As I have known for many years, and have learned first-hand since joining Interep, that relationship has been founded on trust, collaboration, innovation and shared vision. Each company is now at a stage in its development where strategic change is of great importance in defining its future. This decision, although very difficult for each of us, works in the best financial interests of both companies, and sets the stage for each to better accomplish its objectives." He added, "Interep wishes Emmis well, and looks forward to the opportunity to partner with them again in the future."

Mike Walsh, Interep's President and COO, said, "I am extremely proud of the D&R team and the effort they put forth for Emmis. D&R sellers can match any competitor in terms of customer service, sales strategies and commitment to their client. We continue to look ahead to new opportunities to strengthen our client base and hope that we will have a chance to work with Emmis again in the future."

About Interep

Interep (IREP.PK) is the nation's largest independent advertising sales and marketing company specializing in radio, the Internet, television and complementary media, with offices in 17 cities. Interep is the parent company to the following radio representation firms: ABC Radio Sales, D&R Radio, CBS Radio Sales, McGavren Guild Radio, and SBS/Interep. Interep is also parent to Azteca America Spot Television Sales and Interep Interactive, including Winstar Interactive. Divisions benefiting our clients and customers include our unwired network radio division, Interep Net Solutions™, Interep Innovations, our business development division, including the Interep Marketing Group (IMG) and Promotion Marketing; and Morrison and Abraham, a sales consulting firm. For more information, visit the company's website at http://www.interep.com.