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Subject: Reed Technology Commercial Division Acquired
Thomas Publishing Acquires the Commercial Division of Reed Technology and Information Services Inc. HORSHAM, Pa., May 15, 2000 - Thomas Publishing Company announced today that it has acquired the assets of the Commercial Division of Reed Technology and Information Services Inc. (RTIS), to form a new company, Thomas Technology Solutions, Inc. The new company will be a wholly owned subsidiary of Thomas Publishing Company and will continue to operate independently. The RTIS Commercial Division management team, including President and CEO Darryl Fisher, remains in place. Prior to Thomas Publishing's acquisition, RTIS' Commercial Division was an operating unit of LEXIS-NEXIS and a member of the Reed Elsevier plc group which is owned equally by Reed International P.L.C. (NYSE: RUK) and Elsevier NV (NYSE:ENL). The Commercial Division employs approximately 350 professionals in its Horsham and London, UK locations. RTIS' Government Division will remain part of Reed Elsevier. RTIS Commercial's core competencies as a content management, e-commerce, and publishing solutions provider form a strategic fit with Thomas Publishing's commitment to bringing buyers and sellers together in the industrial arena. "RTIS Commercial has an excellent track record of providing technology-based solutions and services to the professional publishing industry and has a long established relationship with Thomas Publishing," says Jose E. Andrade, chairman of the board, Thomas Publishing Company. "We view this as a strategic acquisition that strengthens our content management and e-commerce capabilities and complements our existing publishing initiatives." "Thomas Publishing Company is the acknowledged leader in providing industry with the product information it needs," said Darryl Fisher, president and CEO of the new Thomas Technology Solutions. "It's exciting to become a part of a company with Thomas Publishing's accomplishments and reputation. We have been business partners with Thomas for 29 years and have an excellent working relationship." About Thomas Technology Solutions, Inc. RTIS Commercial, now Thomas Technology Solutions, Inc. is a premier provider of information management and electronic publishing solutions and services, offering unmatched expertise derived from more than 30 years of experience. The company helps its clients move from the Information Age to the Knowledge Age by providing publishing, content management and electronic commerce solutions. Thomas Technology Solutions, Inc. is a Microsoft Certified Solutions Provider, an IBM Premier Partner and an Oracle Partner. For more information, please refer to the Thomas Technology Solutions Web site at www.thomastechsolutions.com or call 800-872-2828. About Thomas Publishing Company Headquartered in New York with an international presence, Thomas Publishing Company is the leading provider of industrial product and service information through both print and electronic media. The pioneer of industry buying guides, Thomas has been bringing buyers and sellers together for the last 100 years. The company publishes 24 major buying guides, 29 product news tabloids, two product information exchange services, a magazine on factory automation, and publications to assist buyers in selecting the most cost-efficient transportation models. Thomas Publishing now employs approximately 950 professionals worldwide. For more information, please refer to the Thomas Publishing Company Web site at www.thomaspublishing.com or call 212-290-7200. Press Contact: Gail Ferrari Tattar Cutler DBC 215-957-0300 gferrari@ dbcommunications.cc <mailto:Gail.Ferrari@ ldb.com> ________________________________ Dave McHoul Manager, Marketing Programs Thomas Technology Solutions, Inc. 215-682-5087 http://www.thomastechsolutions.com
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