Date published: 01.09.08 - not release date

FURTHER ACQUISITION FOR SCHOFIELD MEDIA GROUP LLC

Press release

FURTHER ACQUISITION FOR SCHOFIELD MEDIA GROUP LLC

Chicago/New York/London/Boston (August 6, 2008)

Schofield Healthcare Media Ltd, a division of Schofield Media Europe Ltd, announced on the 6th August that it has acquired Aberdeen-based HealthComm UK and its subsidiary, Continence UK.

Founded in 2004, HealthComm UK is a healthcare communications business specialising in Journal and Book Publishing, Event Management, Education and Training. The company portfolio includes a number of market leading journals and events including Wounds UK, End of Life Care, the International Lymphoedema Framework, Dermatolgy UK and Continence UK. The co-founders Edward Rusling and David Gray will continue their current roles in the business.

"Schofield Healthcare Media’s purchase of HealthComm UK reflects our shared desire to continue increasing our reach within the Healthcare sector, through providing high quality, but practical information sources for healthcare professionals," said Edward Rusling. “Joining Schofield Healthcare Media will provide us with the opportunity to grow existing and new brands, both nationally and internationally, while also maintaining our unique clinical relationships,” said David Gray.

This transaction represents the sixth acquisition by Schofield Media Group LLC in three years, increasing the number of magazines published by Schofield Media Group to 31, of which 16 are UK-based.

Alan Freeman, Director of Schofield Healthcare Media, commented: “Following the highly successful acquisition of SB Communications in 2006 we have been looking to further strengthen our position within the healthcare sector. We feel that acquiring HealthComm UK provides us with access not only to market leading publishing/events activities, but also a strong and innovative team.”

Founder and Chief Executive Officer, Andrew Schofield concluded: “This is a very exciting time for our company and I expect this acquisition to support our continued growth into a leading Healthcare media company.”


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Founded in 1999, Schofield Media Group publishes business-to-business magazines and operates conferences and events in the United States, Europe and Asia. The company maintains offices in London, Norwich, Aberdeen and Essex in the United Kingdom and Boston, Chicago, Seattle, Los Angeles and New York City in the United States. Divisions include Schofield Publishing, Schofield Healthcare Media, Schofield Media Chicago, Ideal Media and RedCoat Publishing. www.schofieldmediagroup.com

For further info contact:

Mike Tulloch
MD
Schofield Publishing
10 Cringleford Business Centre
Intwood Road
Cringleford
Norwich
NR4 6AU
Tel: 01603 274130
Fax: 01603 274131
Email: mike@schofieldpublishing.co.uk