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IHS ACQUIRES FEDERAL DATABASES

 IHS ACQUIRES FEDERAL DATABASES
 ENGLEWOOD, Colo., July 7 /PRNewswire/ -- Michael J. Timbers,


president and chief executive officer of IHS Group Inc., today announced the acquisition of Federal Databases Inc., (FD Inc.), a two-year-old company based in Washington.
 The company provides a line of CD-ROM products for the food and drug and health care industries. Products include FDA-On CD-ROM, Medical Devices-On CD-ROM and HCFA-On CD-ROM, which consolidate the laws, regulations, manuals, handbooks, policies and procedures relevant to food and drug processing, medical device manufacturing and Medicare reimbursement.
 "This acquisition complements our existing product lines. It not only broadens our offerings to our current customers but also facilitates our entry into new markets," Timbers noted. "Specifically, the acquisition of FD Inc. allows IHS to offer a number of new products containing regulatory databases for markets regulated by the Food and Drug Administration and the Health Care Financing Administration."
 The new company will become part of the IHS Publications and Regulatory Products Group, headed by J. Edward McEntire, president, and will report to IHS Regulatory Products, headed by Michael McCrory, vice president. "There is a tremendous amount of regulatory activity in these markets." McCrory stated. "Proposed food labeling laws, pharmaceutical regulation, increased scrutiny of medical devices and decreases in Medicare reimbursement levels are just some of the compliance issues that must be addressed. We will be taking advantage of IHS's increased product development and distribution capabilities to develop additional products in these areas."
 With the inclusion of FD Inc., IHS Group, a worldwide leader in information publishing, now comprises nine information companies which provide a broad spectrum of information and information management services to such diverse markets as banking, engineering, hospitals, library management, health care, pharmaceuticals and government. In addition to FD Inc., the IHS Group companies include Information Handling Services, IHS Regulatory Products, CLSI, Global Engineering Documents, D.A.T.A. Business Publishing, IHS Publishing, Continental Healthcare Systems and in the United Kingdom, Technical Indexes Ltd.
 -0- 7/7/92
 /CONTACT: Leni Lambert of IHS Group, 800-525-7053, Ext. 2811/ CO: IHS Group Inc.; Federal Databases Inc. ST: Colorado IN: SU: TNM


MC -- DV001 -- 6876 07/07/92 09:05 EDT
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Date:Jul 7, 1992
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