Re Agreement
22 September 2003 - 5:00PM
UK Regulatory
RNS Number:9936P
Expomedia Group PLC
22 September 2003
EXPOMEDIA GROUP PLC
Expomedia and Informa significantly expand their co-operation
across five key markets
Expomedia Group Plc and Informa Group Plc have signed a milestone agreement that
will result in a significant strengthening of their current co-operation, with
the launch of an extensive conference programme across five key markets. This
strategic agreement is a natural progression from their previous agreements
which included the 'Wireless Russia' conference, the 'Transport and Logistics
Russia' and 'Seafood Russia' exhibitions and the 'Doing Business in Iraq'
conference series.
This latest agreement will see a series of specialised international
conferences, that Informa has developed in established industry sectors, brought
to Russia, Poland, India, Hungary and North West Africa. Informa Professional
Information Group (IPIG), a trading division of Informa UK Ltd, has established
an internationally recognised conference portfolio which includes banking and
finance, insurance, legal, oil and gas and healthcare. The agreement will also
introduce cloned editions of the conferences into London where there is a
market. CEE Exhibitions, Expomedia's event organising division will handle all
local sales, marketing and operational activities and will work to secure local
government and association support in the host countries.
"I am delighted to announce this new agreement with Informa, which further
demonstrates both our and Informa's commitment to a long term relationship and
which also reflects the success of our co-operation to date," explains Mark
Shashoua, Chief Executive, Expomedia Group. "This is an exclusive agreement
across a wide range of topics that will see us bring at least 5 to 10 new
conferences to each of these important markets in the coming year, with almost
unlimited scope for future conferences in the longer term. This is a
significant 'product' increase for Expomedia and we welcome the challenge."
Lindsey Roberts, Managing Director, Informa Professional, adds, "As a global
corporation we are always looking for new international growth opportunities and
the right partners to help expand our portfolios. Expomedia has the experience
and the established teams in key growth markets and we are delighted to be able
to work with them in developing these new conferences."
Enquiries:
Mark Shashoua 020 7376 3300
Chief Executive
Sonya Gillespie 020 7376 3300
Communications Director
This information is provided by RNS
The company news service from the London Stock Exchange
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