1105 Media Acquires Florida Educational Technology Corporation.CHATSWORTH, Calif. -- 1105 Media, Inc. announced today it has acquired the Florida Educational Technology Corporation, producer of the annual FETC FETC Federal Energy Technology Center FETC Florida Educational Technology Conference FETC Florida Educational Technology Corporation Conference, one of the oldest and largest educational technology conferences focusing on the K-12 market. Terms of the transaction were not disclosed. "We are delighted to add a conference of the stature stature /sta·ture/ (stach´ur) the height or tallness of a person standing.stat´ural stat·ure n. The height of a person. stature the height of an animal in the standing position. and importance of FETC to our portfolio," said Neal Vitale, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 1105. "This acquisition is an important step in the expansion of our live events business serving the education market." Started in 1981, FETC now draws more than 8,000 attendees pursuing the use of technology in teaching and administration and more than 500 companies showcasing their technology solutions for the education market. More than 250 sessions and workshops are offered for teachers, principals and deans, district administrators, curriculum designers, media specialists, and technology directors. "The acquisition of FETC by 1105 presents a terrific opportunity for us to grow the event and serve even more administrators and educators who seek to transform education through technology," said Mike Eason, Executive Director of FETC. "FETC has deep roots in the education community, drawing 40% of its attendees from across the country, and the additional resources within 1105 will allow us to increase our reach to an ever-growing national audience." "The Board of Directors is excited by the 1105 Media acquisition of the FETC conference," said Larry Nanns, President of the FETC Board of Directors. "The corporate depth and experience of 1105 will enhance an already successful conference and enable it to become an even greater experience for educators. Our board looks forward to continuing our advisory role in developing powerful programming for future conferences." FETC will be merged into the 1105 Education Technology Group, led by Group Publisher Wendy LaDuke. This division includes the monthly T.H.E. Journal and Campus Technology print publications, five websites, nine eNewsletters and live events for the higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. technology market. "The strategic acquisition of FETC adds the key element of an influential, respected and well known live event to our Education Technology Group portfolio," said Group Publisher Wendy LaDuke. "We believe our readers and advertisers will gain tremendous benefits from the added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
"Those of us who have been associated with FETC since its beginning have seen many changes, yet the conference has continued to grow and prosper. I am excited with this latest change as I think it guarantees that FETC will continue to be one of the most successful education technology conferences in the country," said David Brittain, former Florida State Director of Technology. About 1105 1105 Media, Inc. is a leading provider of integrated information and media in targeted business-to-business markets, including specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. sectors of the information technology community; industrial health, safety and compliance; security; environmental protection; and home healthcare. 1105's offerings span print and online magazines, journals and newsletters; seminars, conferences and trade shows; training courseware Educational software. See CBT and OpenCourseWare. (application) courseware - Programs and data used in Computer-Based Training. ; and web-based services. 1105 Media is based in Chatsworth, CA, with offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ; it was formed on April 7, 2006, by Nautic Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Alta ALTA Alberta (Canada) ALTA AltaVista (stock symbol) ALTA American Land Title Association ALTA American Literary Translators Association ALTA Atlanta Lawn Tennis Association Communications and Neal Vitale, to acquire 101communications, LLC, and Stevens Publishing. |
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