PennWell Partners with Korean Association to Launch Korea Power Conference & Exhibition.

Business Editors

Seoul International Electric Fair

TULSA, Okla.--(BUSINESS WIRE)--Jan. 13, 2003

PennWell Corporation, a global publishing and trade show company, and the Korea Electrical Manufacturers Association (KOEMA) have entered into a partnership to co-host the Seoul International Electric Fair (SIEF) and the first-ever Korea Power event at the Seoul Trade Exhibition Center (SETEC) from November 2-5, 2004.

Joon Chull Kim, Chairman of KOEMA, and Robert F. Biolchini, President & CEO of PennWell Corporation, based in Tulsa, Oklahoma, USA, signed the agreement at PennWell's POWER-GEN International in Orlando, Florida, in December. The agreement between the two organizations recognizes the complementary nature of SIEF, which KOEMA conducts on an annual basis, and of PennWell's launching Korea Power. The combined conference and exhibition will focus on power generation and transmission & distribution issues.

Joon Chull Kim, Chairman of KOEMA, said, "Korea Power will perfectly complement SIEF. The two events will service both sides of Korea's rapidly developing power industry, providing the international and domestic power community with an all-embracing platform from which the future of power in Korea will be furthered. We are pleased to have reached this agreement with PennWell, organizer of the world's most successful power industry conferences and exhibitions."

Robert F. Biolchini, President & CEO of PennWell Corporation, said, "PennWell believes the time is right to launch a conference and exhibition dedicated to the Korean power market. This effort will be led by our staff of conference specialists in our U.K. office, managed by Nick Ornstien, Group Publisher & General Manager, PennWell Global Energy Group. Our partnership with KOEMA presents both parties with an exciting opportunity to stage a major power event focused on Korea's electricity requirements. The growing success of PennWell's annual POWER-GEN Asia conference and exhibition demonstrates an ever-increasing demand for the exchange of new technology and services in South East Asia, particularly in Korea."

In addition to POWER-GEN Asia and now Korea Power, PennWell covers the global power industry with POWER-GEN conferences held annually in North America, Europe, the Middle East, Russia, India and Latin America. POWER-GEN North America is the 77th largest trade show in the U.S. and collectively, over 50,000 power industry professionals attend these PennWell events each year. For professionals in every segment of the global power market, the PennWell Publishing Global Energy Group also delivers targeted magazines, including Power Engineering and Power Engineering International.

Founded in 1910, PennWell Corporation is a highly diversified media company providing authoritative print and online publications, conferences and exhibitions, research, databases, Internet-based services and other information products to strategic global markets including energy, oil and gas, water, semiconductor manufacturing, electronics, communications, optoelectronics, fire services, and dental. In addition to Tulsa, Oklahoma and London, England, major offices are located in Houston, Texas; Nashua, New Hampshire; Seattle, Washington; Providence, Rhode Island; Fairlawn, New Jersey; Campbell, California; Hong Kong, and Schwabisch, Germany.