Tuesday, April 19, 2005

101communications Acquires T.H.E. Journal, Leading Franchise in Education Technology Market

Tuesday April 19, 7:00 am ET
CHATSWORTH, Calif.--(BUSINESS WIRE)--April 19, 2005--101communications, a leading B2B media company, has acquired the assets of ETC Group LLC, publisher of T.H.E. Journal, the largest circulated, and oldest continually published, journal serving technology users in K-12 and higher education. The acquisition also encompasses the magazine's website, www.thejournal.com; three e-mail newsletters; T.H.E. Institute, its professional development division, and EduHound, a popular resource directory for educators, students and parents.

"The education technology market is an important, and growing, vertical market," said Jeffrey S. Klein, President and CEO of 101communications. "The acquisition of T.H.E. Journal, combined with Campus Technology, our higher education franchise, gives us a strong leadership position in the education technology marketplace, enabling us to cover the entire market from kindergarten through higher education," said Klein.
"T.H.E. Journal has a rich history of serving readers and advertisers, and we are delighted to add this venerable publication and market leader to our Education Technology Group," he continued.

T.H.E. Journal, founded in 1972 as Technological Horizons in Education, is the original and foremost publication dedicated to covering the application of technology to the instructional and administrative learning environment. Published monthly, the magazine reaches more than 160,000 education professionals. T.H.E.'s online offerings serve an audience of more than 50,000 eNewsletter readers, and its Web site delivers 1.2 million impressions per month. Included in its digital products is EduHound, an online resource in English and Spanish that provides links to more than 15,000 K-12 education sites.

Full Story: http://biz.yahoo.com/bw/050419/195353.html?.v=1

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