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TechBooks Announces Promotions, Restructuring

Monday, January 20, 2003

Press release from the issuing company

FAIRFAX, VA, January 17, 2003—TechBooks announced today key changes that will strengthen the company's focus on specific markets within the publishing industry. Tom Cunningham, president and CEO of the fast-growing publishing technology company, unveiled new senior-level positions and division name changes as part of the restructuring. Educational publishing market TechBooks' Educational Publishing Group will operate as The GTS Companies. It will be headed by John Jaensch and Gloria Fontana, who will serve as CEO and president, respectively. The Educational Publishing Group is TechBooks' largest division, created when the company acquired The GTS Companies of Los Angeles and York Graphic Services of York, PA. It provides composition, prepress, design, and editorial development services to publishers of elementary-high school (el-hi) and college textbooks, as well as digital content services for Web, wireless, and e-book versions of their textbooks. Jaensch was CEO and Fontana was president of GTS before the recent restructuring that expanded their duties. "Moving our Educational Publishing Group under the wing of GTS capitalizes on the success that GTS has achieved in identifying educational publishing trends early, and in delivering relevant solutions to this market," Cunningham said. EProfessional publishing market Gurvinder Batra has been appointed president of TechBooks' Professional Publishing Group, which provides composition and data conversion solutions to scientific, technical, and medical publishers. He will head the division with Anita Gupta, TechBooks co-founder and senior vice president-sales. Batra has served the company in a variety of capacities, including chief technology officer. "Gurvinder and Anita have developed extensive working relationships with professional publishers and a comprehensive understanding of their needs. Working together, they will greatly enhance our efforts in the professional publishing market," Cunningham said. Information publishing market TechBooks' Corporate Publishing Group has changed its name to the Information Publishing Group to reflect the diversity of its clientele. In a parallel move, Iris L. Hanney has been promoted to the position of group president. Hanney joined TechBooks early in 2002 as senior vice president-sales. The group provides a full range of data, document, and digital conversion services, including imaging, to information aggregators, government agencies, and universities. "The Information Publishing Group experienced unprecedented growth during 2002," Cunningham said. "By realigning areas of responsibility and solidifying all operations under Iris as group president, we are positioning this group to continue its expansion during 2003 and beyond." Financial printing market TechBooks Financial recently added a leading financial printer to its growing client list. TechBooks Financial provides data conversion, composition, and graphic arts services to financial printers. It is managed by Charlie Seelig, chief operating officer of East Coast Operations, and Mark Witman, senior vice president-sales.




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