NEW YORK, March 21, 2007 (PRIME NEWSWIRE) -- Summit Business Media, LLC (SB Media, LLC) a leading media company serving the business-to-business market, today announced that its 12th Annual Investing in African Mining Conference (INDABA), held from February 6 - 8, 2007 in Cape Town, South Africa, drew the largest-ever audience in the event's history. The three-day event, hosted by Summit's International Investment Conferences unit, a world leader in natural resource investment conferences since 1987, attracted leading mining executives, global policyholders and international financiers.
In a keynote address to the conference attendees, His Excellency President Jakaya Mrisho Kikwete, President of the United Republic of Tanzania, discussed Tanzania's development of its natural resource base as well as Africa's required reaction to global competition for its minerals. Other speakers included: Buyelwa Sonjica, Minister of Minerals and Energy, Republic of South Africa; Dr. Martin Murenbeeld, Chief Economist for the Dundee Groups of Cos.; David Hale, Founder of Hale Advisors, LLC; and Dr. Martin Davies, CEO of Emerging Markets Focus.
"We believe the quality of speakers at the conference and the compelling topics generated a huge turnout at the event," said Joseph Bennett, President of SB Media, LLC, a unit of Summit Business Media. "This event was just one example of our involvement with key organizations within the business-to-business industry in providing conferences of interest to the financial services space as well as networking opportunities."
Other key issues addressed at the conference include:
* Understanding the commodity cycle * Mineral exploration and development potential in Africa * Mergers and acquisitions in the continental mineral industry
About Summit Business Media
Summit Business Media was formed through a partnership between William Reilly, former CEO of PRIMEDIA, and Wind Point Partners in an acquisition of Highline Media and Pfingsten Publishing in November 2006. Through its two units, SB Media, LLC and Highline Media, Summit Business Media services the Financial Services, Art and Industrial markets with print, event, database and electronic-products. Summit Business Media serves the insurance community with venerable assets such as Highline's National Underwriter Property/Casualty and Life/Health weeklies and SB Media's Life Insurance Selling and American Agent & Broker. Summit Business Media serves the financial industry via Wealth Manager, Research and Futures magazines; the reference tools TaxFacts and Fire, Casualty and Surety Bulletins, along with 150 other books, electronic products and conference events. It is also the leading data provider of financial and market information on insurance companies. Summit Business Media is also the premier information source to the mortgage origination market served by SB Media, LLC's Mortgage Originator, Additional information about Summit Business Media is available at www.summitbusinessmedia.com. Additional information about Highline Media and SB Media, LLC is available at www.highlinemedia.com and www.sbmediallc.com.