Questex Expands With Acquistion Of Imaging Network
Friday, June 08, 2007
Press release from the issuing company
NEWTON, MA – June 7, 2007 – Questex Media Group, Inc. announced today that it has acquired Imaging Network, a leading business-to-business multimedia marketing company serving the office products channel with the award-winning, Las Vegas-based ITEX (Imaging Technology Education and Exposition) tradeshow, imageSource, Office World News and Office Furniture and Design publications, e-newsletters, and Web sites and strong custom publishing unit. Co-founder and president Marc Spring will continue to lead the business from Imaging Network’s current headquarters in Ft Lauderdale, FL.
“Imaging Network’s assets fit perfectly in our strategy to expand our offerings serving the business and document solutions market. Their leading publication imageSource and the ITEX tradeshow are highly-complementary to our market-leading ON DEMAND Digital Printing & Publishing Conference and Exposition, AIIM Expo and the client base we serve through InfoTrends, the world’s leading provider of market data, research and strategic advisory services to the business, document solutions and digital imaging markets,” said Kerry Gumas, Questex Media's president & CEO.
“The addition of Office World News and Office Furniture and Design publications to our portfolio provides us an additional audience channel for our clients in other markets to reach decision makers purchasing technology, systems and design for their businesses, and a source of important information for the 3 million small and mid-market business owners and executives we serve on the web, in print and face-to-face in other markets,” added Gumas.
“This agreement is an excellent move forward for Imaging Network customers,” said Marc Spring, president and co-founder of Imaging Network. “While my partner and wife Barbara Bertani Spring and I weren’t actively looking for a buyer, Questex was interested and expressed to us a vision and strategy for the market that was completely consistent with ours, providing us the opportunity to continue to offer complete business information solutions for providers and users in the business and document solutions, office products, and design arena with access to customers and resources through their related businesses. We are very excited about leveraging the strengths and resources of Questex Media and InfoTrends’ research and data for all our customers,” added Spring.
The acquired products include:
Entering its tenth year, imageSource (www.imagesourcemag.com) is the most widely read publication serving more than 24,000 highly-targeted subscribers who will sell more than $39 billion in document technology products. Published 12 times per year, imageSource is written for digital copier/printer dealers and companies providing document management and network and business solutions and focuses on industry trends and the products, technology and services available.
Office World News
In circulation since 1972, Office World News (www.officeworldnews.com) is the preferred magazine of office products dealers and is officially recognized by the National Office Products Alliance (NOPA) as their official magazine. Published six times each year, Office World News reaches over 19,000 industry professionals and office product resellers across the United States and focuses on business opportunities, new products, latest industry news and trends.
Office Furniture & Design
Office Furniture & Design (www.ofdmag.com) is the result of a powerful collaboration between the Office Furniture Dealers Alliance (OFDA) and Imaging Network. Published six times each year, Office Furniture & Design reaches more than 18,000 decision-making office furniture dealers and focuses on covering critical industry issues, trends, design ideas and concepts and best business practices. It is also the official publication of OFDA.
ITEX -- Imaging Technology, Education & Exposition-- (www.itexshow.com) is the leading North American tradeshow for the document technology industry. The event, held annually in Las Vegas, features over 3,200 professionals and more than 250 vendors from some of the largest manufacturers and technology companies in document imaging and management. In 2008, ITEX will be held February 21-22 at the Las Vegas Convention Center.
Executive to Executive (e2e) Conferences
The e2e meetings vision is to bring a new business environment that encourages modern strategies that streamline the introduction of manufacturers to the document technology dealer supply chain. Our committed team of professionals is dedicated to providing a truly exceptional one on one executive-to-executive experience in a friendly and professional atmosphere.