(San Francisco, CA) September 16, 2002 – WideOrbit, Inc. announced today that The New York Times Company, Meredith Corporation and Liberty Corporation have invested $6 million as part of an $8 million Series B financing of WideOrbit. WideOrbit is a media software company focused on traffic, sales and billing for the broadcast industry.

WideOrbit Founder and CEO, Eric Mathewson, stated, "Our partnership with The New York Times Company, Meredith and Liberty, says a lot about the quality of WideOrbit's software and the people who are part of the WideOrbit team. We are pleased to have these blue chip media companies invest in WideOrbit and add their representatives to our board of directors."

"We have used WideOrbit's Traffic software solution since the beginning of the year and our great experience with WideOrbit makes us pleased to be investing in the company," stated Cynthia Augustine, president of The New York Times Company Broadcast Group. "WideOrbit has helped us make great progress this year and the positive impact is evident with our station operations."

"Broadcasters have needed better software for a long time. We are happy to invest in a company like WideOrbit that is committed to improving the traffic, sales and billing systems of broadcasters," stated Jim Keelor, president, Liberty Corporation. "We expect WideOrbit to be the leading traffic software solution of the future."

In addition to participating in WideOrbit's financing, representatives from The New York Times Company, Meredith Corporation and Liberty Corporation will join WideOrbit's board of directors. These representatives will join Nick Trigony, former president of Cox TV and Radio as boardmembers.