Summit Business Media today
announced that Andrew L. Goodenough has been named President and CEO. The CEO title
was previously held by William F. Reilly. Reilly, one of the most successful
investors in B2B media, will continue to serve as Chairman, in a non-executive
capacity, and remains a major investor in Summit. Goodenough, 52, was named
President of Summit in September 2007.

"Going into the formation of Summit in November 2006, my plan was to drive
the initial growth of the business for several years as CEO, and then step
back to the Chairman role," Reilly said. "I am delighted to be able to report
that Summit, in less than two years, is off to a great start and has taken its
place as a major B2B media company with more than 26 magazine titles, 150
reference books and electronic products and 100 live events. We've built a
best-in-class management team led by Andy Goodenough, and I'm pleased to be
able to step back to that Chairman role sooner than expected and turn over the
day-to-day executive reins to Andy and his team."

"We are very pleased with Summit's success to date and Andy's role in
leading us to this point," said Jim TenBroek, Managing Director at Wind Point
Partners, Summit's largest investor. "We also have the utmost respect for
Bill Reilly as a gifted manager and trusted friend in initiating this
transition. We look forward to continue working with him as Chairman and
investor. Moving forward, Andy Goodenough and his strong management team are
well positioned to take advantage of opportunities as they continue to
implement Summit's growth strategy."

Summit Business Media was formed in November 2006 through Wind Point
Partners' acquisition of Highline Media and Pfingsten Publishing in
partnership with Reilly and management of Highline Media.

Goodenough has been a senior B2B executive and entrepreneur for more than
30 years. He was President of USB Corporation and Publisher of U.S. Banker
before its sale to Thomson Media in 1993, and then served as the President of
Thomson's Banking Publishing/Conferences Group. The group published and
hosted more than 80 products and events including American Banker, U.S.
Banker, Bank Technology News, National Mortgage News, Credit Union Journal and
many others. Goodenough later created the business plan for a new financial
services information company in 2002, secured equity funding from Spire
Capital in January 2003 and in October of that year, launched Highline Media
and acquired The National Underwriter Company, now a core asset in Summit's
operations. Highline Media was acquired as part of the formation of Summit in
November 2006.

Goodenough is a graduate of Middlebury College in Vermont and holds an MBA
degree in finance and marketing from New York University.

About Summit Business Media

Summit Business Media was formed through Wind Point Partners' acquisition
of Highline Media and Pfingsten Publishing in November 2006. The leading B2B
media and information company for the insurance, investment and professional
services markets, Summit publishes the insurance titles National Underwriter
Property/Casualty and Life/Health weeklies, Life Insurance Selling, Agent
Sales Journal, American Agent & Broker, Claims, Tech Decisions and Florida
Underwriter, and financial titles Wealth Manager, Research, Futures and
Mortgage Originator. In July 2007 the Company acquired Wicks Business
Information, and added Investment Advisor, Credit Union Times, Inside Counsel
and Treasury & Risk magazines, continuing to expand its footprint in the
financial industry as well as adding the legal and accounting markets, as part
of its growth into the professional services marketplace. In July 2008, the
company acquired WiesnerMedia's Financial Group of B2B media and marketing
services, including Senior Market Advisor, Boomer Market Advisor, Benefits
Selling and Bank Advisor magazines, as well as ProducersWEB.com and the
Advisors Data Source. In the Reference arena, the company publishes TaxFacts
and Fire, Casualty and Surety Bulletins, and, through its Highline Data unit,
financial and market information on insurers, agents and company benefit
plans. Summit also sponsors the international Investment Conferences on
global mining investment, a dozen conference events affiliated with its
magazine brands, and via its Executive Enterprises unit, nearly 100
professional education seminars annually.

Summit is also one of the leading organizers of consumer art expositions
and providers of business-to-business information to the art market.
Source-earthtimes.org

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