2007 News Releases

United Business Media invests in eXalt Solutions, Inc

12 March

Adds online workflow platform to CMP Technology’s portfolio

United Business Media Plc today announces that it has invested $2 million in eXalt Solutions, Inc. (www.exaltsolutions.com).  In exchange for this investment, UBM will acquire newly issued shares of eXalt representing a 25% equity stake in the company and an option to purchase an additional 15%.

eXalt Solutions, Inc is a leading provider of on-demand, web-based services for IT solution sales.  eXalt will implement its Solutions Sales Platform™ on CMP Technology’s ChannelWeb portal website (www.channelweb.com).  The Solutions Sales Platform is a workflow product that cuts the costs of and accelerates the sales cycle of IT solution providers by streamlining the information flow between suppliers, distributors and IT solution providers.  This new capability will enable CMP Technology’s Channel Group to evolve its ChannelWeb portal from being a simple provider of information to a platform for online workflow services for the Channel Group’s IT solution vendor customers. 

Steve Weitzner, CEO, CMP Technology said:

“This investment deepens the relationship between CMP Technology and eXalt Solutions, Inc. Adding eXalt’s workflow tool to ChannelWeb adds a new dimension to our product portfolio.  We aim to work even more closely with our IT solution providers audience and to provide them with a wider range of integrated products and services that help them meet their business objectives.”

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About United Business Media Plc
United Business Media Plc is a leading global business media company. We bring the world’s buyers and sellers together at events, online, in print and with the information they need to do business successfully.  We focus on serving professional commercial communities, from doctors to game developers, around the world.  Our 5,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.

For more information, go to www.unitedbusinessmedia.com

About CMP Technology
CMP Technology is a marketing solutions company serving the technology industry.  Through its market-leading portfolio of trusted information brands, CMP has earned the confidence of more technology professionals 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 ways that yield superior return on investment.

For more information, go to www.cmp.com

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