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Agentconnect.com Web Traffic Grows 93 Percent to Become Most Visited Online Home Buying Service

Over Two Million Visitors Turn to AgentConnect In Month of May

Walnut Creek, CA, June 30, 2003 – Next Phase Media, Inc. (NPM), the world’s premier online referral source, today announced that AgentConnect.com has become the most visited online home buying service on the Internet, registering a 93 percent gain in Web traffic in the month of May alone, as reported by Internet audience measurement service ComScore Media Metrix. AgentConnect is the essential online real estate service connecting residential home buyers and sellers with licensed, pre-qualified real estate professionals nationwide.

ComScore Media Metrix reported that more than 29 million Internet users visited real estate Web sites in May, a 10 percent jump over the previous month. AgentConnect captured almost 15 percent of the web’s total real estate traffic, with over 2 million visitors, making it the leader in the online real estate marketplace.

“The Internet is dramatically impacting the real estate industry,” said Payam Zamani, CEO and president of Next Phase Media, parent company to AgentConnect. “AgentConnect is clearly providing a critical service, helping home buyers and sellers find qualified real estate professionals who know and understand their local markets and provide insight that is invaluable to the consumer whether buying or selling a home.”

AgentConnect.com addresses the needs of a robust market. According to the National Association of Realtors®, as mortgage rates have dwindled to 30-year record lows, affordability for housing has hit record highs. The Realtors’ housing affordability index reached 144 in the first quarter of 2003, up over 8 points from a year before. This is why over one million Americans bought homes for the first time last year.

The Internet is also becoming a huge medium for real estate marketing. Online real estate classified ad spending alone is expected to reach $273 million in 2003, according to Jupiter Research. However, the major problem for most online real estate marketplaces is how to turn this online traffic into home sales. AgentConnect.com provides a truly cost-effective and measurable approach to get targeted leads, without the inconvenience, expense and unpredictability of traditional advertising.

Using AgentConnect.com, real estate agents and brokers receive filtered, pre-screened leads from designated geographic areas. Each lead contains detailed information outlining the prospect’s specific need. AgentConnect’s clients only pay for qualified leads, ensuring that agents receive a greater return on investment and improved accountability.

“I am very happy with the service I have received with AgentConnect.com. I have sold two homes in one month to AgentConnect home buyers,” said Tiffany Ferrell of Realty Associates. “The customers I receive are well-qualified, dramatically simplifying my job.” AgentConnect’s dramatic growth illustrates the success of Next Phase Media’s unique business model. The company has become the world’s premier online referral resource by providing the industry’s most reliable connections between consumers and qualified industry professionals in the real estate, automotive and home improvement markets. Its popular Internet properties include AgentConnect.com, RealtyNow.com, OpenAuto.com, iMotors.com. CarClub.com, and iCastle.com. Next Phase Media leverages a single back-end infrastructure to support all of these marketplaces.

Next Phase Media’s business model is designed to optimize the sales and marketing efforts of real estate, automotive and home remodeling professionals. The company’s lead generation methods dramatically improve the quality of every lead, ensuring they are more easily converted to sales and profits.

About Next Phase Media
Next Phase Media, Inc. (www.nextphasemedia.com) is the world’s premier online referral source, connecting consumers with the products and qualified professional services they seek in the automotive, residential real estate and home improvement industries. The privately held company is headquartered in Walnut Creek, California. Current brands include iMotors.com, OpenAuto.com, AgentConnect.com, iCastle.com, and CarClub.com. All are among the best known and most visited in their industries.