Medford, NJ, December 22, 1999—Information Today, Inc. (ITI)  has acquired Knowledge Asset Media (KAM), including KMWorld magazine, the KMWorld.com Web site, and the KMWorld Conference and Exposition and related assets from Bill Communications (New York). KAM’s properties address the emerging information technology and business practices sector known as knowledge management, the objective of which is to help companies better manage organizational knowledge and enterprise intelligence in order to improve business performance, innovation and bottom-line results.

Based in Camden, Maine, KAM publishes the 90,000-circulation KMWorld magazine which serves senior business and information systems  executives who are in the forefront of the knowledge management movement. KMWorld sponsors the annual KMWorld Conference and Exposition (September 13-15, 2000, Santa Clara, CA) presenting the latest information technology software, internet systems and business practices and processes driving knowledge management applications. KAM also manages the KMWorld.com Web site.

KAM founder Bruce Taylor will continue as editor and publisher. “Our team is excited to be a part of the future of the Information Today family,” says Taylor. “This is a critical time in the rapid evolution of the knowledge management from bleeding edge two years ago to mainstream enterprise concern on the radar screens of over 90 percent of the Global 1000 CEO’s. KMWorld is best positioned to help this market continue its explosive growth.”

Information Today, Inc. is the publisher of Information Today, the newspaper for users and producers of electronic information services, as well as other periodicals, books, directories, and online products for information users and professionals. In addition to publishing, ITI is also the organizer and sponsor of conferences for the library and information professional communities, including: the National Online Meeting, Internet Librarian, Computers in Libraries, and Internet Librarian International (London).

“The whole area of knowledge management is something we’ve been monitoring for some time, and we were excited about this opportunity to acquire the premier publication and conference in the field,” says Tom Hogan, Sr., President of Information Today, Inc. “The technologies that support knowledge management initiatives have a lot in common with the products and services of the information industry. We feel we are in an ideal position to explore and promote the synergies that exist between the two communities.”

For more information regarding Information Today, Inc. or the contents of this News Release please contact Tom Hogan, Jr. at 800-300-9868 or 609-654-6266, fax 609-654-4309, e-mail thoganjr@infotoday.com or visit the ITI Web site at www.infotoday.com. For more information on KMWorld, visit www.kmworld.com.