Exhibit 99.1


Conference Call Transcript


CRB - Q2 2007 American Community Newspapers Inc Earnings Conference CallEvent Date/Time: Aug. 13. 2007 / 4:30PM ET


CORPORATE PARTICIPANTS

 Gene Carr

 American Community Newspapers Inc. - Chairman and CEO

 Dan Wilson

 American Community Newspapers - VP and CFO


CONFERENCE CALL PARTICIPANTS

 Michael McNulty

 Context Capital - Analyst


 PRESENTATION



Operator


 Ladies and gentlemen, welcome to the American Community Newspapers second quarter 2007 operating performance teleconference call.


(OPERATOR INSTRUCTIONS)


The call today contains forward-looking statements concerning the outlook for ACN and future business conditions. These statements are based on currently available information and involve risks and uncertainties. The Company's actual results could differ materially from those anticipated in the forward-looking statements, depending on the factors described under risk factors and the Company's definitive proxy statement, dated June 15, 2007, and reflected in our more recent reports filed with the SEC.


Forward-looking statements made on this call and webcast, the archived version of the webcast and any transcripts of this call are only made as of this date, August 13, 2007. The call and webcast today includes discussion of financial information defined as non-GAAP financial measures by the Securities and Exchange Commission, including EBITDA and newspaper cash flow. Reconciliations for these non-GAAP financial measures are available on ACN's website, www.acnpapers.com.


With that, I will now turn the call over to Gene Carr, Chairman and Chief Executive Officer of American Community Newspapers Incorporated.


 Gene Carr  - American Community Newspapers Inc. - Chairman and CEO


 Thank you, and good afternoon and welcome to our first conference call as a public company. I would remind everyone that as of today it's our 44th day as a public company, and we are excited.


Please note that the results presented today are pre-acquisition and are provided for informational purposes supplemental to Courtside's filings. While we are not required, management recognize the importance of clear communications with our investors. The Company will file a full and complete 10-Q and full financials beginning with the third quarter ending 9/30/07.


I think before we get into a lot of the second-quarter earnings and results for American Community Newspapers it's important I think to go back and look at the Courtside acquisition with American Community Newspapers.


An asset purchase agreement was entered into on January the 25th of 2007 through Courtside, which was a SPAC, a special purpose acquisition corporation. The previous ownership of American Community Newspapers was Wachovia Capital Partners and Spire Capital Partners, and this transaction after a number of months of going through SEC review, road show presentations, was completed on the 1st of July, and as a result of that we've been operating for the past 44 days as a public company.


We are excited to be public. We see tremendous opportunities to continue to grow our Company. More importantly, we think our ability to leverage the stock and the accessibilities to public markets to advance the acquisition strategy is a significant one as part of our growth strategy.






The following information was filed by American Community Newspapers Inc. (ACNI) on Tuesday, August 14, 2007 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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