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Cahners Changes Name to Reed Business Information

Press release from the issuing company

New Name and Logo Strengthens Commitment to Providing Reliable News, Critical Information and Innovative Marketing Solutions NEW YORK--Feb. 19, 2002--Cahners Business Information today announced it is changing its name to Reed Business Information (RBI), effective immediately. Reed Business Information now incorporates Cahners Business Information (U.S.), Elsevier Business Information (Netherlands,France, Germany, Spain and Italy), and Reed Business Information (U.K., Asia and Australia), which together with Reed Exhibitions (Worldwide) form Reed Business. The rebranding from Cahners to Reed Business Information presents new global growth opportunities to all levels of the organization, and enables the company to emerge as a more distinguished market leader across all business divisions. Accompanying the name change, Reed Business Information will unveil a new corporate identity that will more closely align it with Reed Elsevier. "This rebranding initiative driven by Reed Elsevier will further extend our market leadership position, as well as more effectivelycommunicate the excellence of our products to global customers, suppliers, governments, trade associations and investors,'' said Jim Casella, CEO, Reed Business Information U.S. "Our global resources create new platforms for growth and will enable us to further our commitment to our customers, publications and service companies.'' "Reed Business Information will carry on the Cahners' tradition of providing reliable news, critical information and innovative marketing solutions to its customers,'' said Rob Swim, Director of Marketing, International Truck & Engine Corporation. "We are confident that Reed Business Information's global resources will provide more valuable data, targeted marketing and trend reports, while continuing to provide us with the information we have always relied upon.''

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