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Source Interlink Companies, Inc. ("Source" ) Names David G. Algire As President Source Interlink Distribution

Algire joins Source Interlink Distribution bringing a wealth of industry experience from all levels of the supply chain for single copy distribution. A twenty five year veteran in the industry, he has led retail strategy for many top publishers where he was most recently at the Meredith Corporation's National Media Group. Algire spent most of his career with the Reader's Digest Association, where he served in a variety of positions focused on growing profitable newsstand sales. He is an industry leader having served on many boards, associations and committees including the IPDA (International Periodical Distributor Association); Chairman of the 2005 Retail Conference; and MPA the Association of Magazine Media. In 2007, he was named Circulation All-Star by Circulation Management Magazine.

Holding senior level executive positions over the last ten years, Algire has demonstrated measurable success in establishing strategic retail sales and marketing programs. He not only led teams that grew overall retail sales dollars (in a depressed economy) but, introduced new products, and special interest publications which were directly marketed for retail consumption. He has partnered with major retailers to create innovative promotions that incorporated brand and advertising promotions alongside the printed magazine. As an advocate for the supply chain, he has led and supported many initiatives to drive "positive change" for the single copy channel.

In addition to Meredith, Algire spent five years (1999 - 2004) with Primedia Magazines, the former owner of the prestigious Source Interlink Media ("SIM" ) properties, where he collaborated and spearheaded retail strategies for many of SIM's enthusiast publications and where he assisted in the acquisition of some of SIM's best performing enthusiast titles that continue to drive the success of the portfolio today.

"I couldn't be more excited to have David join our Source Interlink team. His publisher perspective on growing profitable, efficient retail sales will be instrumental in leading us strategically to change a supply chain that is in critical need of healthy innovation. His leadership will allow us to focus on content, the retailer and its shoppers allowing us to bring optimum product assortment; placement; fixtures and, ultimately, profitable sales growth to each of our retail venues," said Michael L. Sullivan, Chief Executive Officer of Source Interlink Companies.

In his new role, Algire will be directly responsible for all aspects of the Source Interlink Distribution Company including Sales; Publisher Support Services; Retail Support Services; Category Management; Purchasing and Inventory Management; Warehouse Operations, Planning and Optimization; Merchandising; Racks Manufacturing; Retail Claims; Source International and new business development. He joins an already seasoned, exemplary team that have not only grown Source Interlink Distribution into the second largest wholesale distributor in North America with over 30% market share but, who have led the way in creating innovative retail and logistics solutions such as National Account services; warehouse and transportation optimization; etc.

The announcement of Algire's appointment is the latest in a series of additions that better positions Source Interlink Companies, to focus on its core businesses as the leading enthusiast media company and as the second largest periodical fulfillment services company in North America, while aligning those companies to embrace the changing landscapes of consumer demand; the digital revolution, advertising and retail partnerships.

About Source Interlink Companies

Source Interlink Companies (www.sourceinterlink.com) is the leading publisher of magazines and on-line content for enthusiast audiences, as well as the second largest wholesale distributor of magazines and provider of related in-store services across North America. Source Interlink creates content for more than 70 publications, 90 websites, events, television, and radio. Its portfolio includes many respected brands such as Motor Trend, Automobile, Hot Rod, Automotive.com, Surfer and Intellichoice.

Source Interlink Companies, Inc.
Stephanie Justice, 239-495-5106
Stephanie.Justice@sorc.com