Corporate Profile for Penton Media, Inc., dated Nov. 26, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Nov. 26, 1999
Company Name: Penton Media, Inc.
Address: 1100 Superior Ave.
Cleveland, OH 44114
Main Telephone
Number: 216/696-7000
Internet Home
Page Address
(URL): www.penton.com
Chief Executive
Officer: Thomas L. Kemp
Chief Financial
Officer: Joseph G. NeCastro
Investor Relations
Contact: Joseph G. NeCastro
Business number: 216/931-9770
E-mail address: jnecastro@penton.com
Public Relations
Contact: Mary E. Abood
Business number: 216/931-9551
E-mail address: mabood@penton.com
Industry: Media/Publishing
Trading Symbol/
Exchange: NYSE:PME
Market Makers: Benjamin Jacobson & Sons, LLC, 212/952-1012
Company description: Penton Media Penton Media, Inc. (OTC: PTON.OB), founded in 1892, is a diversified business-to-business media company. Penton Media is a mass media corporation that publishes and produces over 40 magazines, 80 trade shows, and 47 web sites. , Inc. (NYSE NYSE See: New York Stock Exchange :PME PME Petites et Moyennes Entreprises PME Professional Military Education PME Pequenas e Médias Empresas (Portugal) PME Petite et Moyenne Entreprise PME Psychology of Mathematics Education PME Pi Mu Epsilon ) is a leading diversified business media company that produces about 60 market-focused magazines, more than 80 Web sites, and about 90 trade shows and conferences worldwide. Penton also provides marketing and business development services. The Company serves dozens of market segments within the Internet/IT; electronics; design/engineering; natural products/food/retail; government/compliance; leisure/hospitality; management; manufacturing; mechanical systems/construction; and supply chain/aviation industries. Penton became public in August 1998 with its spinoff Spinoff A new, independent company created through selling or distributing new shares for an existing part of another company. Notes: Spinoffs may be done through a rights offering. from Pittway Corporation. It has since made several key acquisitions, including New Hope Communications, the world's leading media company serving the natural products industry (May 1999) and Mecklermedia Corporation, the leading media company worldwide serving the Internet space (November 1998). Penton generated 1998 revenues of $233.1 million; net income of $10.9 million; earnings before interest, taxes, depreciation and amortization Earnings before interest, taxes, depreciation and amortization (EBITDA) is a non-GAAP metric that can be used to evaluate a company's profitability.
See: Compound Annual Growth Rate from 1994 to 1998; EBITDA saw a 23.9 percent CAGR in the same period. |
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