Palm Coast Data Awarded Contracts for Digital-Only Clients

PALM COAST, Fla. (Feb. 24, 2014) – Three publications have selected Palm Coast Data (PCD) to support the development of their digital magazines: Cocina al Día, Uomo Moderno and Shoeholics.

The publications are among PCD’s first digital-only clients and will use magMaker, a digital publishing platform by F2F 6Sixty Digital Inc. that comes pre-integrated with PCD’s industry-leading Digital Entitlements System (DES).

With magMaker, these titles will be able to develop digital editions quickly, using print-ready files; easily implement multimedia enhancements such as video, photo galleries and surveys; promptly import and load digital issues; and rapidly release branded apps to Apple, Android, Google, Amazon and other stores.

In addition, the integration of DES gives these publishers more flexibility in how they sell their digital products. Specifically, it reduces their reliance on third-party digital newsstands. With DES, they can sell digital editions directly through their websites – keeping 100 percent of the revenue and fully owning their customers’ data for valuable re-marketing opportunities like bundled subscriptions, up-sells and special offers that increase revenue.

“Publishers are motivated, yet challenged to seize digital opportunities,” says Rory Burke, Executive Vice President and Chief Operating Officer of Palm Coast Data. “PCD and magMaker will help Cocina al Día, Uomo Moderno and Shoeholics maximize their digital reach in a cost effective manner that allows them to develop and take quality digital products to their customers without delay.”

Magazine publishers of all sizes are increasingly embracing digital products as a revenue-boosting strategy. Digital revenue is expected to reach $2 billion this year and continue climbing past that mark through 2016, according to The Pew Research Center’s Project for Excellence in Journalism report, “The State of the News Media 2013.”

About Palm Coast Data

Palm Coast Data activates a strategically engineered, multi-channel mix of digital, online and traditional technologies that acquire, retain and grow customer relationships – and increase revenue – for the nation’s leading magazine publishers, membership organizations and other industries. Powered by advanced technologies, PCD drives customer interaction through comprehensive integrated solutions – from digital and emarketing technologies to high-capacity customer service and high-volume transaction processing. It also delivers actionable business intelligence and sophisticated analytics that uncover new sales strategies and insight into a client’s marketplace position. End-to-end solutions include digital entitlements, emarketing, ecommerce, remittance processing, customer service, lettershop, direct mail and more. For more information, visit www.palmcoastdata.com.

About F2F 6Sixty Digital Inc.

F2F 6Sixty Digital Inc. is led by a diverse team of highly qualified marketing, publishing and digital communications professionals with extensive experience in both print and digital content development and delivery. Our experience includes strategic planning, Internet communications, mobile development, database, and application development and mass communications systems. We are also intimately aware of the challenges and opportunities facing the global publishing industry and how they relate to the goals and objectives of today's publishers. As a full-service digital agency, F2F 6Sixty Digital Inc. offers significant relevant experience in developing mission-driven digital strategies that are measurable and targeted towards maximizing the needs of publishers, consumers, and sponsors. For more information, visit www. http://f2f660.com.

Forward Looking Statements

This press release may contain certain forward-looking statements, including statements with regard to product offerings, level of investment and implementation timeframes. Words such as “believes,” “expects,” “projects,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the filings AMREP Corporation makes with the Securities and Exchange Commission. Neither Palm Coast Data nor AMREP Corporation undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.