DOT COM BUYS STARS AND STRIPES NEWSPAPER

By: Staff reports DOT COM BUYS STARS AND STRIPES NEWSPAPER

iServed.com Acquires 138-Year-Old Publication



CLARIFICATION: E&P Online reported that The Stars and Stripes

newspaper was purchased by a Web company. We were right, but we missed

an important element of the story. The paper purchased isn't the U.S.

Defense Department international daily of the same name. The paper

purchased by iServed.com is a stateside biweekly veterans' publication.

We regret the confusion.



iServed.com, a military news and information Web site, announced Tuesday that it has
acquired The Stars and Stripes, a 138-year-old military newspaper. Terms of the
agreement were not disclosed.


A special edition of the newspaper was published yesterday with an expanded
distribution of 100,000 copies. The issue spotlighted the paper's history and included

a special feature on dot-com entrepreneurs with military backgrounds.



The iServed.com management and editorial team, led by CEO Jack Colletti, will take over
day-to-day operation of The Stars and Stripes. The current editorial and reporting
staff of the paper will remain on board, with former owner/Publisher Howard E. Haugerud
joining iServed.com's board of directors.


Colletti said the newspaper will be re-energized with new content and features. 'We will
build on this amazing brand and will remain a trustworthy source of military and veteran
focused news and information,' he said in a statement.



The Stars and Stripes was originally printed in 1861 by Union troops during the Civil War.
When troops under the command of Gen. Ulysses S. Grant stormed the town of Bloomfield, Mo.,
four soldiers took over the empty offices of the Bloomfield Daily Herald to publish a
newspaper for the men in the ranks. The paper was published sporadically in the following
years.



In 1926, National Tribune Corp. bought the paper and merged it with The National Tribune,
The American Standard, and The National Guardsman. The paper calls itself the only
independent source of news for the 27 million-plus veterans in the United States.


Based in Pittsburgh, iServed.com is privately held.