PENTON MEDIA REORGANIZES INTO FOUR MAIN DIVISIONS.In order to "help drive our aggressive growth plans for the future," 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. president/coo Daniel Daniel, book of the Bible Daniel, book of the Bible. It combines "court" tales, perhaps originating from the 6th cent. B.C., and a series of apocalyptic visions arising from the time of the Maccabean emergency (167–164 B.C. Ramella said that his company has been reorganized re·or·gan·ize v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es v.tr. To organize again or anew. v.intr. To undergo or effect changes in organization. into an "operating structure that will enable us to respond rapidly to new growth opportunities and to the needs of our customers." That operating structure includes four main divisions, including Technology Media, Industry Media, Retail Media and Lifestyle Media. The Technology Media unit, headed by David Nussbaum, includes the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the Media World franchise, Penton's Electronics Group, Duke Communications, and Penton Media Europe and Fenton Media Asia, both of which primarily serve technology markets. The Industry Media unit is headed by James Zaremba and includes various design, engineering and manufacturing market publications (Machine Design, Industry Week, American Machinist), related trade shows, Penton's B2Bshowplace.com, an online tradeshow network targeting 16 industrial markets, and the 50 trade shows produced by the recently acquired Professional Trade Shows. Penton Retail Media is headed by William Donohue, and includes Donohue Meehan Publishing. It serves the convenience store retailing, commercial banking, noncommercial foodservice and restaurant markets. Penton Lifestyle Media, headed by former Miller Freeman An earlier subsidiary of United News & Media (www.unm.com). Miller Freeman was a leading trade show organizer and publisher serving a variety of industries. In 1996, it acquired the Blenheim Group, producers of the popular PC EXPO trade show, and in 1999, it acquired the CMP executive Darrell Denny, includes Penton's New Hope Natural Media unit targeting the natural foods market. |
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