Penton Media Names John Sweeney as Editor in Chief of Business Finance Magazine

Business Wire, April 3, 2007

NEW YORK -- Penton Media, Inc. today announced the appointment of John Sweeney as the editor in chief of Business Finance([R]) magazine. In his new position, Sweeney will oversee all editorial content for the monthly print publication and its related online properties. Business Finance is a leading information resource for senior finance executives, providing insight into key finance issues, strategies, trends, and technologies. Business Finance is available on the Web at www.businessfinancemag.com.

Sweeney joins Penton Media from Kennedy Information, where he had served as editor in chief of the company's Magazine Media Group since 2003. Previously, he was editor in chief of Consulting Magazine for four years. His experience also includes senior editorial positions at Post-Newsweek Business Information, Inc., CMP International and CMP Media.

Sweeney received his B.S. and Masters degrees from Fordham University. He can be reached at jsweeney@penton.com.

"We're delighted to have Jack heading our editorial programs for Business Finance. His deep experience in both print and electronic business reporting, across a variety of industry and management sectors, make him a valued addition to our team," said David Blansfield, senior vice president for Penton Media.

Business Finance informs senior finance executives about the growing role of finance within organizations, providing insight into changes in technology, business strategy and economic trends, as well as the implications of these changes for their business practices and career development. In addition to the magazine, the Business Finance brand family includes e-newsletters, Webcasts, podcasts and related vendor, job and salary data resources.

Penton Media, Inc. is the largest independent business-to-business media company in the U.S., serving more than six million business professionals every month. The company's market-leading brands are focused on 30 industries and include 113 trade magazines, 145 Web sites, 96 industry trade shows and conferences, and more than 500 information data products. Headquartered in New York City, the privately held company is owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, and its co-investors. For additional information on the company and its businesses, visit www.penton.com.