Washington, D.C. August 2, 2007-During its annual awards program today, the American Society of Business Publication Editors (ASBPE) named Hanley Wood's Builder "Magazine of the Year" in the 80,000+ circulation category. Builder surpassed nearly two dozen esteemed publications including BusinessWeek, PC World and The Scientist.

"It's a real honor to be chosen from a list of such excellent publications," said Hanley Wood's Business Media Division President, Peter Goldstone. "The housing market decline has affected so many of our readers, and to be recognized during this critical time is a huge compliment to the Builder team."

ASBPE's "Magazine of the Year" marks the latest in a flurry of prestigious awards for Hanley Wood. Builder Magazine celebrated its fourth year on BtoB's Media Power 50 List in April. The media group also won three Jesse H. Neal National Business Journalism Awards from American Business Media in March.

Founded in 1964, ASBPE consists of editors and writers in the business, trade and specialty press. Its annual Awards of Excellence competition recognizes the best in editorial, design and online achievement. The group chose Builder based on its editorial quality, market relevance, organization and layout. ASBPE also judged Builder on its interaction with readers, which the magazine achieves through conferences, trade shows and dynamic online content.

"Builder Magazine has received many awards over its lifetime, so it's not surprising that the list continues to grow," says Builder's group publisher, Warren Nesbitt. "While we take pride in this honor, we never stop working to supply our audience with the tools they need in the formats they use most. I am extremely proud of the hard work and results achieved by the Builder editorial staff."

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