NEW YORK, Jan. 10, 2008 (PRIME NEWSWIRE) -- Summit Business Media, LLC, a leading business-to-business media and information company serving the insurance, financial and professional services markets, today announced the appointment of Christos J. P. Moschovitis to the position of Chief Information Officer. Moschovitis will report to Thomas M. Flynn, the CFO of Summit. In addition to his new responsibilities, Mr. Moschovitis will continue to act as president of tmg-emedia, an information consultancy based in New York.
"I am very pleased to continue and extend our relationship with tmg-emedia and Chris," said Flynn. "Chris and his team have been fantastic partners in building our on-line products and infrastructure to support our growing business."
Previously, Mr. Moschovitis, 48, a native of Athens, Greece, was the Director of Academic Computing at the Pratt Institute and has been a consultant for Citibank, Kellogg, ICM, Primedia and Harvard Business School Publishing, among others.
"We look forward to expanding Chris' role within our organization and utilizing his and tmg-emedia's talents across all of our operations as we build a premier media company in the b2b market," said Andrew L. Goodenough, President of Summit.
About Summit Business Media
Summit Business Media was formed through Wind Point Partners' acquisition of Highline Media and Pfingsten Publishing in November 2006. Together, these units publish the insurance titles National Underwriter Property/Casualty and Life/Health weeklies, Life Insurance Selling, Agent Sales Journal, American Agent & Broker, Claims, Tech Decisions, Insurance Advocate and Florida Underwriter, and financial titles Mortgage Originator, Wealth Manager, Research and Futures. In July 2007, the Company acquired Wicks Business Information, and added Investment Advisor, Credit Union Times, Inside Counsel and Treasury & Risk magazines, continuing to expand its footprint in the financial industry as well as adding the legal and accounting markets, as part of its growth into the professional services marketplace. The Company also publishes the reference tools TaxFacts and Fire, Casualty and Surety Bulletins, and, through its Highline Data unit, financial and market information on insurers and company benefit plans. Summit also sponsors the international Investment Conferences on global mining investment, a dozen conference events affiliated with its magazine brands, and via its Executive Enterprises unit, more than 100 professional education seminars annually.
Summit is also one of the leading organizers of consumer art expositions and providers of business-to-business information to the art market. Additional information about Summit is available at www.summitbusinessmedia.com.
About Wind Point Partners
Wind Point Partners(r) is a private equity investment firm with $2 billion in capital under management. Wind Point focuses on partnering with top caliber executives in the business services, consumer products, healthcare, industrial products and media/communications markets to acquire solid middle market businesses with a clear path to value creation. Additional information about Wind Point is available at www.windpointpartners.com. Wind Point also owns Active Interest Media, a leader in enthusiast magazines, related books and consumer shows. More information about AIM can be found at www.activeinterestmedia.com.