CMP Media Acquires Shorecliff CommunicationsAdds Specialized Events in the Fast-Growth Telecommunication, RFID and Wireless MarketsPRNewswire-FirstCall CMP Media today announced it has acquired Shorecliff Communications, the premier global event organizer and information provider serving the RFID (radio frequency identification), IPTV, broadband and wireless infrastructure communities. Shorecliff's specialized events in these high growth markets continue CMP's drive to broaden its brand portfolio and strengthen its ability to more closely connect technology sellers to buyers. Shorecliff Communications is well known throughout the industry for its leading edge conferences, including RFID World, Broadband Wireless World, Tower Summit & Trade Show and TelcoTV. These events enhance CMP's robust technology events portfolio, including Computer Security Institute, Black Hat, and the Embedded Systems, Software Development and Game Developer Conferences. RFID (radio frequency identification) is revolutionizing the supply chain, pharmaceutical and healthcare industries. Market researcher Venture Development Corp. projects the RFID market to grow to nearly $6 billion in 2008 from $1.8 billion in 2004. Shorecliff events also lead the burgeoning IPTV (internet protocol television) industry market. According to market research firm Multimedia Research Group, the global IPTV market will grow from 2 million subscribers in 2004 to 26 million in 2008. "The Shorecliff team has shown an uncanny ability to anticipate hot, emerging market segments and get there first with outstanding events," said Steve Weitzner, President and CEO of CMP Media. "This acquisition is part of a broad-based strategy to grow our audience and diversify our solutions for bringing sellers and buyers together." "Joining CMP Media is an important milestone for Shorecliff Communications and the industries we serve," said Timothy Downs, President of Shorecliff Communications. "With CMP's wide array of media properties, we have the opportunity to offer our customers more integrated marketing programs that deliver increased value, quality education and exposure." Downs will report into CMP's Enterprise Group, headed by Fritz Nelson. "Shorecliff's cutting edge properties combined with CMP's comprehensive technology portfolio will add unique solutions for our customers," Nelson said. "We've been covering RFID vigorously and we think this is an exciting space that has implications on many industries and across many audiences. The IPTV market is moving at a considerable pace, and we want to be at the forefront of those developments." About CMP Media (http://www.cmp.com/) Through its market-leading portfolio of trusted information brands in the technology, healthcare and lifestyles industries, CMP Media has earned the confidence of more professionals and enthusiasts in these fields than any other media company. As a result, CMP is the premier provider of access, insight and actionable programs designed to connect sellers and buyers in each of these industries in ways that yield superior return on investment. CMP Media is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/), a global provider of news distribution and specialist information services with a market capitalization of more than $3 billion. About Shorecliff Communications (http://www.shorecliffcommunications.com/) Shorecliff Communications produces leading specialized trade exhibitions, publications and conferences in the wireless, broadband and RFID industries. Shorecliff produces RFID World (US), the largest conference and exhibition focused on RFID technology and implementation; RFID Boot Camp series; RFID Europe Conference series and RFID in Healthcare conference. Contacts: Alix Raine SVP Communications CMP Media LLC 516.562.7827 araine@cmp.com Timothy Downs President Shorecliff Communications 949-600-7070 ext 209 t.downs@scievents.com SOURCE: CMP Media LLC CONTACT: Alix Raine, SVP Communications, CMP Media LLC, +1-516-562-7827, Web site: http://www.cmp.com/ Company News On-Call: http://www.prnewswire.com/comp/181993.html |