WASHINGTON, April 30, 2009 (GLOBE NEWSWIRE) -- FierceMarkets (http://www.fiercemarkets.com), a Questex Media Group company, reported a series of record months in the first quarter of 2009 despite less-than-favorable economic conditions.
"During the first quarter, we've posted record-breaking months on a number of fronts. Sales are up more than 30% year-over-year, page views are up 97%, and we're seeing an increase in attendance at our live networking and content events," said FierceMarkets President, Sean Griffey. "In an economic environment where other publishing companies are scaling back, we're charting a course for growth."
Plans for additional growth are taking shape on a variety of fronts. Fierce has plans to launch at least four new publications this year in both the healthcare and life sciences verticals. FierceMobileHealthcare and FierceBiotechIT will be the first new offerings to hit their respective markets later this month.
Fierce has also further expanded its product offerings through a new partnership with Jaz'd, a national leader in on-line B2B directory service platforms. This partnership will create directories for the life sciences and healthcare verticals. The collaboration provides additional depth to Fierce's already robust Web offerings by providing detailed information on products and services, ratings & reviews, product comparisons, and downloadable product specifications.
FierceMarkets was acquired in January 2008 by Questex Media Group, Inc. (www.questex.com), a global, diversified business-to-business integrated media and information provider headquartered in Newton, MA.
"FierceMarkets continues to demonstrate the strength of its business model and customer value proposition by providing marketers programs that produce measureable business results," said Questex CEO, Kerry Gumas. "The success of FierceMarkets in growing audience, profitable revenues and maintaining a robust launch and development pipeline at this point in the business cycle is a clear indication of the business value being delivered."
About FierceMarkets
FierceMarkets, a leader in B2B e-media, provides information and marketing services in the Telecommunications, Life Sciences, Healthcare, IT, and Finance industries through its portfolio of e-mail newsletters, Web sites, webinars, and live events. Every business day, FierceMarkets' wide array of publications reaches more than 800,000 executives in over 100 countries. Current publications include: FierceBiotech; FierceBioResearcher; FierceBroadbandWireless; FierceCIO; FierceCIO:TechWatch; FierceContentManagement; FierceDeveloper; FierceFinance; FierceFinanceIT; FierceGovernmentIT; FierceHealthcare; FierceHealthIT; FierceHealthFinance; FierceIPTV; FierceMobileContent; FierceMobileIT; FiercePharma; FierceSarbox; FierceTelecom; FierceOnlineVideo; FierceVaccines; FierceVoIP; FierceWireless; FierceWireless:Europe; and Hospital Impact.
About Questex Media Group, Inc.
Questex Media Group, Inc. is a global, diversified business-to-business integrated media and information provider, headquartered in Newton, MA. Questex serves multiple industries including technology, beauty, spa, travel, hospitality, leisure, home entertainment, industrial specialties and service industries through a range of well-established, market-leading publications, events, interactive media, research, information and integrated marketing services. The company's businesses are managed through operating companies including Questex Media Group and five subsidiaries; InfoTrends, Inc., the world's leading strategic research and advisory services provider to the document management and communications industries; McLean Events International, Ltd, a world-leading producer of appointment-based events; Imaging Network, a leading business-to-business multimedia marketing company serving the office products channel; Five Star Alliance, the leading online luxury hotel booking service for the affluent traveler; and, Oxford Publishing, Inc., publisher and tradeshow producer serving the beverage and food industries; and FierceMarkets, a leading online B2B media company serving the telecommunications, life sciences, healthcare, IT and finance industries. The company's combined operations include more than 450 employees in offices throughout North America, South America, Asia and Europe.