CMP Media's Internet Group Announces howiwork™ a New Online Workspace for High-Tech Professionalshowiwork™ Integrates Content, Tools and Services to Help Technology Professionals Work With Greater Speed and EfficiencyPRNewswire The Internet Group of CMP Media Inc. (http://www.cmpnet.com/), a leading provider of high-tech news and information, today announced howiwork, a new online workspace that puts the user at the center of the experience by giving high-tech professionals the tools and services they need in a single place. howiwork provides high-tech professionals with the most relevant content from CMP's award-winning 162 print and online publications plus access to the tools and services necessary to make work decisions throughout the project lifecycle. howiwork will officially launch in Fall 2000. As high-tech professionals take a business initiative from idea to implementation, howiwork offers personalized tools and services at each stage, such as Web-based employee training programs and online procurement solutions. Ultimately, howiwork will help professionals across the high-tech value chain work collaboratively. "While there are online resources available to the technology consumer, we believe that the working high-tech professional is underserved in terms of having a single source that meets all of his or her needs," said Seth Nichols, CEO of CMP's Internet Group. "howiwork will improve the way high-tech professionals work online and how tasks are executed at each stage in a project lifecycle. By providing a workspace that combines relevant CMP content with tools and services in one place, we will enable high-tech professionals in all industries to be more productive and efficient." CMP's Internet Group serves the entire spectrum of the growing high-tech market, including manufacturers and developers of hardware and software, distributors, resellers, and business end-users. According to IDC, Dataquest and Goldman Sachs, this was a $385 billion market in 1999 with growth rate of nearly nine percent per year in 1998-2000. The high-tech industry is rapidly moving its business processes on-line, with b-to-b e-commerce forecasted to surpass $200 billion by 2004, according to Goldman Sachs. Users will access howiwork through Web sites of leading CMP publications such as InformationWeek, CRN and EETimes and through CMP's four industry focused Web communities: EDTN Network (http://www.edtn.com/), ChannelWeb (http://www.channelweb.com/, PlanetIT (http://www.planetit.com/) and CommWeb (http://www.commweb.com/). Examples of work processes facilitated through howiwork tool and services: -- Prototype and Testing -- Find or Validate a Vendor -- Manage Your Organization -- Analyze Customer Needs -- Match Staffing Needs -- Improve the Efficiency of your Technology -- Define and Build a Product "The creation of howiwork is a natural extension of CMP Media's rich historical legacy of covering the high-tech market, and it drives our growth strategy of utilizing the Internet to move beyond traditional definitions of content," said Gary Marshall, President and CEO of CMP Media. "As the market that CMP serves moves its business processes online, we will continue to offer innovative products and services designed to help our users succeed in their jobs." About CMP Media's Internet Group CMP Media's Internet Group is a single-point provider of integrated business-to-business information, tools and services designed to enable high-technology professionals to overcome the speed and complexity of working in the Internet economy. The Internet Group's products, tools and services are featured on the Web sites of leading CMP publications (e.g. EETimes, InformationWeek, CRN) and on CMP Media's four industry-focused branded web communities: EDTN Network (http://www.edtn.com/); Channel Web (http://www.channelweb.com/); Planet IT (http://www.planetit.com/) and CommWeb (http://www.commweb.com/). The Internet Group, which is headquartered in Boston, is a division of CMP Media Inc., a leading provider of high-tech news, information and services. Web site: http://www.cmpnet.com SOURCE: CMP Media Inc. Contact: Alexandra J. Raine of CMP Media Inc., 516-562-7827, |