THESTANDARD.COM TO CONTINUE

Failed Print Magazine Reaffirms Web Intentions

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NEW YORK (AdAge.com) -- A spokeswoman for The Industry Standard, the new-economy print title that announced Thursday it was suspending publication, reaffirmed today that the company will continue the news operations of TheStandard.com.

Spokeswoman Alissa Neil told AdAge.com that the Standard's Web site still continue to maintain a small staff even as the rest of the company's editorial employees are laid off Aug. 20.

She said the company still hopes to find a buyer but that it "is quite possible" that the company "will file Chapter 11."

"We're very disappointed that our short-term financial situation requires this, but we remain hopeful that our assets will be sold," she said.

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