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Alloy (ticker: ALOY, exchange: NASDAQ Stock Exchange (.O)) News Release - 01-Mar-2004


Panama City Beach Convention and Visitors Bureau Names AMP Agency Official Marketing Partner For Spring Break 2004

AMP Agency (Alloy Marketing & Promotions) Introduces Largest Ever "SB04" Spring Break Promotion - Top Sponsors include Verizon Wireless, Paramount Pictures, Paramount Home Entertainment, Panasonic, and Hasbro

PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--March 1, 2004--Alloy, Inc.(NASDAQ:ALOY): Panama City Beach, the nation's number one Spring Break destination, turned up the heat today as the Panama City Beach Convention and Visitors Bureau (PCBCVB) named AMP Agency, a division of Alloy, Inc. (Nasdaq: ALOY), its official Spring Break marketing partner for the second year in a row.

On behalf of this premiere destination, AMP Agency will provide sponsors with a unique opportunity to access thousands of Panama City Beach 'spring breakers' through its month long "SB04" promotion, commencing on March 3. This custom marketing program offers a variety of campaigns and on-site events spanning 65,000 square feet of beachfront property anchored at Panama City's most popular beachside resort, Spinnakers Beach Club. The campaigns include a vast pre-promotions effort, exclusive hotel premises marketing, as well as personalized daytime beach and nightclub experiences.

In cooperation with the PCBCVB, AMP Agency developed the first ever custom published "Spring Break Guide," offering advertisers unparalleled access to their target audience and offering students the ultimate guide to their vacation planning. The Spring Break Guide was distributed by Alloy's 360 Youth marketing unit to 2.5 million college students through its proprietary college newspaper network and exclusive on campus bookstore program. Additionally, 360 Youth supports the program by promoting the PCBCVB's activities through its proprietary out-of-home media network across college campuses nationwide.

"Panama City Beach hosts more than 400,000 students during Spring Break," said Bob Warren, president and CEO of The Panama City Beach Convention & Visitors Bureau. "Our destination and the type of students we attract provide brands with a great opportunity to interact with and influence a key audience. AMP's involvement has allowed us to expand this year's 'SB04' event into an incredibly integrated marketing experience. With their help, we've not only increased in size, but with hotel room, beach front and night club entertainment, we've been able to transform a 'get-away' into a one of kind experience for both students and marketers."

AMP Agency will implement its completely modular, semester-long promotion while taking an integrated approach to reach and influence students. Once at Panama City Beach, students will take part in activities, promotions and contests all designed specifically to fit individual clients. Through interactive on-site events, entertainment and sampling opportunities, clients are able to offer spring breakers the ultimate vacation experience while meeting their brand objectives. As night falls, the parties heat up and AMP Agency will reward lucky students VIP access to the top nightclubs on the Panama City Beach strip on behalf of select sponsors. In exchange for the price of admission, students will be presented with branded T-shirts that will be worn all night long.

"As the number one Spring Break destination, Panama City Beach offers the perfect marketing outreach opportunity for companies," said Tom Schneider, chief marketing officer of Alloy's AMP Agency. "Marketers can directly interact with and build brand recognition among college students aged 18 - 24, a coveted demographic which has one of the highest discretionary spending levels in the U.S. In addition to the most on-site exposure to date, we hope sponsors will enjoy significant publicity beyond Spring Break 2004."

Confirmed "SB04" top sponsors include title sponsor Verizon Wireless, as well as Hasbro, Paramount Pictures, Paramount Home Entertainment and Panasonic. Following are some of the"SB04" sponsored event highlights:

Verizon Wireless (FREEUP) - The Verizon Wireless Connect Home Call Center

Title sponsor Verizon Wireless will host the Verizon Wireless Latitude Pavilion, a designated spot on the beach where college students can meet their friends, relax, play interactive games and enjoy refreshments. They can also phone home from the Verizon Wireless Connect Home Call Center located at the Pavilion. All students will be given the opportunity to use the latest wireless technology to let parents know they're safe and sound or remind friends back home of the fun they are missing.

Hasbro - Super Soaker Survival & Bump Ball Challenge

Super Soaker -Spring Breakers will be invited to take the SOAKERTAG Survival Challenge, presented by SUPER SOAKER. The program, conceived and developed by Fathom Communications, lets students compete in a fun-filled marathon SUPER SOAKER water fight tournament. Players will compete for the coveted title of the ultimate SOAKERTAG Survivor and a cash prize of $4,000. Spectators can enjoy the water-crazed action and enter an on-site raffle.

BUMP BALL - Spring breakers will join in hilarious group activities guaranteed to make you ball your eyes out from laughter. Hasbro brings back BUMP BALL! Use your legs, feet - but no hands allowed - as students challenge each other in a variety of group related relay races, beach obstacle courses and main stage contest situations. Themed BUMP BALL beauties will canvas the street demonstrating the product to consumers as they frequent daily hotspots.

Paramount Pictures - Movie Madness

Paramount Studios will be promoting their latest movie releases: "The Stepford Wives," "Mean Girls," "Sky Captain and the World of Tomorrow," and "The Prince in Me." Coupled with proprietary hotel media branding, Paramount's presence will immerse spring breakers in a total movie debut blitz campaign. Students will become part of each movie by interacting through daytime movie-themed beach event areas that take on core elements of each upcoming release:

Sky Captain Aerial Squadron Command Center:

Set inside an "airplane hanger," spring breakers will have the opportunity to stay in touch with the "real world" courtesy of Paramount Pictures, "Sky Captain and the World of Tomorrow." Students will be treated to high-speed Internet access to surf the web, send friends postcards or check their e-mail.

The Stepford Wives Perfection Station: Spring Break females will have the opportunity to powder their noses or check out new looks in the mirror as professional cosmetologists recommend how to "perfect" themselves through makeup and the latest accessories. Mean Girls: Here's your chance to get back at that girl who bullied and tormented you in school. Dunk her! Dunkees will heckle Spring Breakers as they line up to make a big splash by knocking each "Mean Girl" down to size in the Paramount Mean Girls dunk tank arena.

Paramount Home Entertainment- "School of Rock"-- Battle of the Bands

Paramount will host a battle of the bands karaoke contest on the beach during the "SB04 Event". Paramount will have a stage complete with musical instruments and sound system so students can feel like "rock stars" while singing their favorite tunes. Students will be pitted against their peers in a music competition that will culminate once a week at a free barbecue. Paramount will also have a Tiki Hut styled screening room for all of their up and coming new DVD releases. Students will be able to get free popcorn and juice while they watch the trailers of the DVDs. The 'Battle of the Bands' style competition enables Paramount to promote the release of "School of Rock" on DVD and VHS, as well as 14 other titles that will soon be out on DVD.

Panasonic - Spring Break's Most Wanted

Panasonic will be beachside in Panama City Beach with their Product Demo/ Most Wanted Hut. The Hut is an interactive pavilion that highlights cool, new products including: The e-wear(TM), D-Snap and Shockwave(R) product lines (Digital Audio Players, SD Audio/Video Recorders, Digital Cameras and Portable CD Players). Panasonic brand ambassadors will be hanging out at the largest clubs in Panama City Beach at night taking pictures of the students having fun. These pictures will be posted in the hut the next day and students will visit the hut and see whether they have been chosen as one of Panasonics "Most Wanted." Panasonic is also sponsoring activities, which include "Name that Tune," karaoke singing and a picture scavenger hunt.

Additional participating sponsors include Dreamworks, JC Penney, Arizona Jean Co., and Hawaiian Tropic.

AMP Agency will also support its program with the creation and hosting of an online component to Spring Break 2004. The Web site, located at www.springbreakamplified.com, will allow sponsors to post and view photos of their company-sponsored activities, provide relevant brand information and offer up-to-date listings of all SB04 events straight to the consumer.

ABOUT AMP

Alloy Marketing & Promotions (AMP), is the promotional marketing business of Alloy, Inc. (Nasdaq:ALOY). As part of Alloy's Media & Marketing Division, AMP integrates the assets and experience of established promotion agencies and marketing services companies including MarketSource Corporation, Triple Dot Communications and Target Marketing & Promotions (TMP) to deliver effective, customized promotions. AMP's proprietary four-step Brand AMPlification process identifies a brand's essence and leverages key identifiers through a host of proven, high-impact tactics such as mobile marketing, buzz squads, integrated media promotions, co-branding, sampling, events, research, interactive design, and customer acquisition. Headquartered in Boston with offices in New York, Chicago, New Jersey, and Los Angeles, AMP clients include Diageo, Hasbro, AT&T Wireless, New Balance and Procter & Gamble, among others. For more information on AMP, an Alloy Inc. company, please visit www.ampagency.com. For more information on Alloy, Inc., please visit www.alloy.com.

About 360 Youth

360 Youth is the media and marketing arm of Alloy, Inc. (Nasdaq:ALOY - News). As part of Alloy's Media & Marketing Division, 360 Youth integrates the assets and experience of the largest and strongest college and teen marketing companies including CASS Communications, Alloy, Y-Access, Market Place Media (All Campus Media & Armed Forces Communications), YouthStream and others to provide sales and marketing solutions targeting young adults. 360 Youth enables Fortune 500 companies to reach more than 25 million Generation Y consumers each month through a comprehensive mix of media and proprietary school based programs using a wide range of media assets. For more information on 360 Youth, an Alloy Inc. company, please visit www.360youth.com. For more information on Alloy, Inc., please visit www.alloyinc.com.

CONTACT:
Panama City Beach Convention & Visitors Bureau
Jayna Leach, 850-233-5070
Jleach@800pcbeach.com

Alloy, Inc.
Jodi Smith, 212-329-8359
jodis@alloy.com