CMP Media Inc. Acquires Internet Pioneer ENEN From eConnections; NetSeminars and Video Web-casting Services Will Benefit CMP Online CommunitiesPRNewswire CMP Media Inc., one of the world's largest information-technology publishers, today announced the acquisition of ENEN (the Entertainment, News and Education Network), a producer and distributor of online seminars and video Web-casts from eConnections, Inc. ENEN is considered a pioneer in its use of the Internet to broadcast news, technology and product information to qualified audiences, which currently includes more than 485,000 registered design engineers in 79 countries worldwide. ENEN's NetSeminars enable companies to broadcast live multimedia presentations over the Internet, incorporating video, audio and chat interactivity between speakers and participants. ENEN's clients leverage NetSeminar broadcasts to conduct training, create product demand and generate leads from attendees. Organizations also use NetSeminars internally to improve their employees' knowledge by supplying up-to-the-minute product and sales information. Richard Wallace, managing director of CMP's EDTN Network, the online news portal for electronics design engineers, procurement and business professionals, said "The acquisition of ENEN will create new revenue opportunities for EDTN and CMP's other online communities by enabling us to reach qualified, specialized audiences with interactive marketing services and rich-media editorial content." ENEN will continue to serve its current customer base in the electronics industry as part of CMP's Electronics Group. In addition, ENEN's services will be extended across several CMP business units to meet the needs of other market segments. Terms of the transaction were not disclosed. "eConnections is focused on supply-chain management solutions, and Quotility, the authorized online quote utility for the electronics industry," added Rob Rodin, CEO of eConnections, Inc. "As we streamline our strategy, it made sense to align ENEN with a company like CMP Media, which will expand its services and customer base." About ENEN ENEN.com (Education News & Entertainment Network), founded in 1995, is the leading worldwide provider of business-to-business training and demand creation services over the Internet. Prior to its acquisition by CMP, ENEN.com was a division of eConnections, Inc. ENEN.com's flagship product, NetSeminar, has already been utilized throughout Fortune 1000 companies around the world to communicate and train their employees, prospects and customers. To date, CMP Media has been one of ENEN.com's largest resellers. About CMP Media Inc.'s Electronics Group CMP Media Inc.'s Electronics Group serves the electronics industry worldwide with print publications, web sites and face-to-face events created to help electronics design engineers, procurement and business professionals do their jobs more effectively. The Group includes such leading brands as EE Times, EBN, Embedded Systems Programming, The Embedded Systems Conferences, The EDTN Network, Communications Systems Design and Circuits Assembly. About CMP Media Inc. CMP Media Inc. (http://www.cmpnet.com/) is a leading high-tech media company providing essential information and marketing services to the entire technology spectrum--the builders, sellers and users of technology worldwide. Capitalizing on its editorial strength, CMP is uniquely positioned to offer marketers comprehensive, integrated media solutions tailored to meet their individual needs. Its diverse products and services include newspapers, magazines, Internet products, research, direct marketing services, education and training, trade shows and conferences, custom publishing, testing and consulting. About eConnections eConnections represents a new web-based model for supply-chain management in the electronics industry: the private marketplace. Neutral and independent, combining deep industry expertise with authorized connections to the world's leading suppliers, distributors and manufacturer representatives, eConnections speeds a customer's time to market, coordinating supply-chain efficiency through a comprehensive toolbox of customizable services. For more information, visit http://www.econnections.com/. SOURCE: CMP Media Inc. Contact: Richard Wallace of CMP Media Inc., 516-562-5624, Website: http://www.cmp.com/ Company News On-Call: http://www.prnewswire.com/comp/181993.html or fax, |