MAIN NEWS HEADLINES
May 1-15, 2004 Edition
Thomson Delmar Learning
Acquires Selected
Titles from Career Press
ALBANY/04/12/04Thomson Delmar Learning, a leading provider of educational resources for lifelong learning and part of The Thomson Corporation (NYSE: TOC; TSX: TOC), today announced the acquisition of 49 backlist career and reference titles from Career Press Inc., a Franklin Lakes, NJ-based publisher of a wide variety of nonfiction titles. Terms of the transaction were not disclosed.
The acquired titles include perennial best-sellers 101 Great Answers to the Toughest Interview Questions and 101 Smart Questions to Ask on Your Interview, both by Career Press founder and president Ron Fry, the Master Math series (seven current titles), five career books from The Five O'Clock Club, and other career and reference titles.
Greg Burnell, president of Thomson Delmar Learning comments, "We seek acquisitions that provide a competitive advantage and offer new products and services to our growing customer base. These titles from Career Press complement our existing list and do just that, offering new and existing customers valuable content that can help them improve their careers and lives."
"Ron Fry is a recognized leader in his field and we're thrilled to follow in his tradition of producing materials that help students and professionals improve their careers," adds Dawn Gerrain, vice president of Thomson Delmar Learning's Career Education Strategic Business Unit. "While continuing to sell these titles, we will also look to transform the content into a variety of new digital formats, allowing customers to access them in online, DVD and even subscription-based formats."
"This is a win-win situation for both Thomson Delmar Learning and Career Press," says Fry. "This is only the second time in its 19-year history that Career Press has sold selected titles. Like the first time, this will enable us to continue our strategic expansion into other categories, both within Career Press and New Page Books, our other imprint specializing in New Age books."
About The Thomson Corporation and Thomson Delmar Learning
The Thomson Corporation ( http://www.thomson.com), with 2003 revenues of $7.6 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. With operational headquarters in Stamford, Conn., Thomson has approximately 39,000 employees and provides services in approximately 130 countries. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC). Its learning businesses and brands serve the needs of individuals, learning institutions, corporations and government agencies with products and services for both traditional and distributed learning. As part of The Thomson Corporation, Thomson Delmar Learning (http://www.delmarlearning.com) is the leading provider of lifelong learning products and services for the health care, technology and trades, and career education markets. Thomson Delmar Learning's market-leading imprints include Autodesk Press, Chilton, Milady, OnWord Press, Singular Publishing Group, and West Legal Studies.
About Career Press
Career Press Inc. ( http://www.careerpress.com and http://www.newpagebooks.com) is now in its 20th year of publishing, led by Founder and President Ron Fry. A privately held corporation, it will publish 75 frontlist titles in 2004 (to add to its 350 backlist titles) between its two imprintsCareer Press (specializing in Career, Business, Reference, Motivation and Personal Finance) and New Page Books (New Age, Weddings & Parties, Health, Self-Help and General Nonfiction). It is headquartered in Franklin Lakes, NJ. Its books are available in a number of languages throughout the world.
