13th Mar 2006 07:00
United Business Media expands its presence in India United Business Media plc today announced a number of initiatives to expand itspresence in India.UBM's healthcare division, CMPMedica, has acquired Mediworld Publications, anIndian medical publisher for $844,500. This acquisition further strengthensCMPMedica's position in India as a leading healthcare media business andestablishes it as the foremost provider of Drug Information Systems. Theacquisition of Mediworld enhances CMPMedica's offering for the Indian marketwith six new specialty medical journals and a Pharmaceutical MarketingSolutions business. Mediworld's IDR Drug Directory is particularlycomplementary to CMPMedica's existing CIMS Directory, published by itsBangalore operation.UBM's CMP Media division has launched a portfolio of media products inconjunction with its Indian partner Cybermedia, focusing on the globaltechnology and business services sourcing industry. The portfolio comprises theGlobal Services website (www.globalservices.com), the monthly Global Servicesmagazine launched in February this year, and the Global Services conference.These products provide an integrated media solution that connects global buyersand sellers of outsourced business and technology services.UBM's CMP Asia division is expanding its presence in India with the launch of anumber of new events including CPhI India (chemical ingredients exhibition andconference) and the Food Ingredients India conference, both in co-operation withCMPi, and Entech India (environmental and renewable energy exhibition andconference).To provide support for its growing activities and widening interests in India,UBM has opened new premises in Mumbai. The new site is designed to provide anoperational base for all UBM's businesses as they develop their activitiesacross the sub-continent. - ENDS - Media Peter Bancroft Director of Communications E-mail Peter.Bancroft@ubmgroup.biz Direct telephone +44 20 7921 5961 Chris Barrie Citigate Dewe Rogerson E-mail chris.barrie@citigatedr.co.uk Direct telephone +44 20 7282 2943 Mobile +44 796 872 72 89 Analysts Catherine Southgate Head of Investor Relations Email Catherine.southgate@ubmgroup.biz Direct telephone +44 20 7921 5031 About United Business Media plcUnited Business Media is one of the world's leading global business informationcompanies. UBM brings together the world's buyers and sellers, helping theirmarkets work effectively and efficiently through PR Newswire's newsdistribution network and CMP's portfolio of events, print and on-linepublications. For more information, go towww.unitedbusinessmedia.com About PR Newswire- PR Newswire is the world's leading corporate newsdistribution service. Headquartered in New York, PR Newswire distributes newsglobally on behalf of over 40,000 customers, including many of the world's topcompanies and agencies, helping them take the latest news to the media, theinvestment community, and the general public. For more information, go towww.prnewswire.com About CMP- CMP's portfolio of more than 200 newspapers, magazines anddirectories, 200 websites and 300 events brings together buyers and sellersfrom a range of global sectors including technology, healthcare, the builtenvironment, lifestyle, fashion and ingredients. Our customers come to us fordirect access to their key audiences: business decision-makers.CMP operates globally through four divisions:‚· CMP Media - the USA's leading high tech B2B media company and provider of healthcare education and information. For more information, go to www.cmpmedia.com ‚· CMP Information: the European magazine and events business, based in theUK. For more information, go towww.cmpinformation.com ‚· CMP Asia: a leader in exhibitions and publications in key markets inAsia. For more information, go towww.cmpasia.com ‚· CMPMedica: leading drug information provider, pharmaceutical marketingsolutions including medical information and trade press in Europe and Asia. Formore information, go towww.cmpmedica.com ENDUNITED BUSINESS MEDIA PLCRelated Shares:
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