InterShow to Acquire Online Trading Expo.Business Editors & High-Tech Writers SARASOTA, Fla.--(BUSINESS WIRE)--Aug. 5, 2002 Owners of the three-year-old company that produce the two largest annual trade shows See PC EXPO, COMDEX, Computex, Demo Conference and CeBIT., which cater exclusively to active online traders, have recently signed a binding agreement to sell the shows and company to InterShow(R), the world's leading producer of investment trade shows and cruises. The closing is scheduled shortly after their 4th annual Online Trading Expo(SM) -- which opens Aug. 9 at the Anaheim Convention Center, Anaheim, Calif. The company, Daytradingexpo.com Inc., was founded in September of 1999 by veteran day traders Tim Bourquin and Jim Sugarman and has already trained more than 35,000 traders at nine major events. The combined trade show production company will continue its very successful Online Trading Online Trading Making trades via the Internet.Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. See also: Bond, Forex, Futures, Online Banking, Option, Stock Expos in New York and on the West Coast and is planning Expos outside the United States, as well as a new Chicago Online Trading Expo, July 24-27, 2003. "This merger of talent will combine the unique expertise and vision of Tim Bourquin and Jim Sugarman with the unequalled resources of InterShow, a seasoned team of 50 investment trade show professionals. "It will further define and grow the trader audience and offer additional programming opportunities for speakers and attendees. We see a more global market evolving, a further move to a 24-hour/7-day trading environment, and as a result, trading volumes will increase, particularly among semi-professional traders," said Charles Githler, chairman of InterShow. "We are all very excited about the compatibility and collective insights of these teams. This benefits those attendees and exhibitors who may have specifically defined objectives. Those who need active trading products and education are quite different from those who seek methods to improve returns from their broader and longer term investments," said Githler. InterShow Continues to Build on Its Core Strengths and Experience, Long-Term Partnerships, and a Focus on Its Customers: The Individual and Professional Investors InterShow, based in Sarasota, has been the world's leading producer of investment trade shows and cruises since 1978. The productions include The Money Show(R), which encompasses four annual conventions, held in Orlando, Las Vegas, San Francisco, and New York, and in 2004 the Orlando show will transition into the internationally focused World Money Show. The Money Show offers approximately 50 renowned investment experts for up to 12,000 nationwide investors and showcases up to 180 financial service companies in a large exhibit hall. InterShow also produces investor cruises worldwide with production partners including Forbes, Louis Rukeyser, Phillips Publishing, and Morningstar. In addition, Intershow produces the Financial Advisor Symposium(SM) in association with the #1 rated magazine in the industry, Financial Advisor. The acquisition of the Online Trading Expo will add three financial trade shows to InterShow's annual calendar. Online Trading Expo and InterShow agreed not to disclose the financial terms of the transaction. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion