BUZZNET ACQUIRES ALTERNATIVE MUSIC COMMUNITY ABSOLUTE PUNK

Leading Online Music Community Adds Punk and Underground Music Source to its Growing Community

HOLLYWOOD, CA, May 5, 2008 — Buzznet, (www.buzznet.com), the Web’s leading social media community for music, today announced the addition of Absolute Punk (www.AbsolutePunk.net). Founded in 2000, Absolute Punk is the premier destination for alternative music, industry news, reviews, interviews and community, and has become the top source of information for devoted music fans.

“The addition of Absolute Punk to our site helps us to deliver on our promise of making Buzznet the go to destination for all different kinds of fans across all genres of music,” said Scott Boyd, General Manager. “Buzznet is committed to delivering the most robust, diverse and all-encompassing music experience online. Absolute Punk’s loyal community and high quality editorial and social news database will only help to make the Buzznet music experience that much better for the fans.”

With an incredibly active community of more than 500,000 music fans, Absolute Punk provides one of the largest alternative music zines on the Web. Through forums, exclusive content and millions of community contributed posts, fans of alternative music ranging from punk, emo, hardcore and indie can discover new music and interact with other hard core fans of niche music genres.

“We are very excited about Absolute Punk’s future as a part of the Buzznet family,” said Jason Tate, Founder, AbsolutePunk.net. “This partnership will allow us to maintain our own individuality and editorial voice that is unique to Absolute Punk while providing us with valuable resources to achieve goals and grow in ways we never imagined would be possible.”

Buzznet recently announced the acquisition of famed indie music blogs Idolator and Stereogum, joining other Buzznet music offerings, including Vampire Freaks, the leading industrial music and gothic online community and FriendsOrEnemies, the favorite online destination for fans of top scene bands such as Fall Out Boy. With more than 10 million music fans, Buzznet.com is the Internet’s fastest growing music community.

About Buzznet, Inc.
Buzznet, Inc. is the web’s largest pop culture community. By utilizing its proprietary social media platform, the Buzznet team brings together professional news content, respected voices in the industry, and user-generated input to create the most up-to-the-minute, deep and dynamic content on the web, allowing passionate members the ability to consume, create, and connect. A leading social media company focused on building the most active and engaged online community around pop culture topics, Buzznet Inc. manages a growing family of complementary Internet properties. Its web sites include Celebuzz, The Superficial, Buzznet Stereogum and Absolute Punk, among others.B icon