QUESTEX ACQUIRES SPAEXEC AND SPATRADE

Questex Media Group

NEWTON, Mass—August 17, 2008—Questex Media Group, Inc., a global, diversified business-to-business media company and owner of American Spa and American Salon magazines, Medical Spa Report, and the International Beauty Shows, the International Esthetics, Cosmetics & Spa Conferences (IECSC) and the SPATEC appointment events today announced it has acquired SpaExec and SpaTrade.

Founded by Nancy Griffin in 2000, SpaTrade is the industry's largest online community with 15,000 registered members from 94 countries. SpaExec's boutique regional events and online resources serve the needs of the resort, hotel and multiple unit spas. Griffin will continue to produce content for the websites and events, and will report directly to Joyce Jamison, who has been named Vice President/Group Publisher of Questex's Beauty & Spa Media Group consisting of all print and digital brands serving the spa and beauty industries.

"We are thrilled to have SpaTrade and SpaExec join the Questex Media family," says Jamison. "With these acquisitions, we now have even more tools at our disposal to help you run your business during these challenging times. SpaTrade and SpaExec interactive websites and boutique regional events are ideal complements to Questex's group of premier magazines, tradeshows and conferences."

In addition to maintaining her leadership role at SpaExec and SpaTrade, Griffin will provide online support to American Spa and craft the IECSC's educational initiatives. Griffin authored American Spa's Business Builder column for two years and produced the education VIP programs for IECSC in NYC from 2005 to 2007.

"The inclusion of SpaExec and SpaTrade to the Questex portfolio will enhance the experiences for both suppliers and buyers," remarked Griffin. "One of our first initiatives is to enable suppliers to bring their training programs and manufacturer's classrooms to life online."

About Questex Media Group, Inc.
Questex Media Group, Inc. is a global, diversified business-to-business integrated media and information provider, headquartered in Newton, MA. Questex serves multiple industries including technology, beauty, spa, travel, hospitality, leisure, home entertainment, industrial specialties and service industries through a range of well-established, market-leading publications, events, interactive media, research, information and integrated marketing services.

The company's businesses are managed through operating companies including Questex Media Group and five subsidiaries; InfoTrends, Inc., the world's leading strategic research and advisory services provider to the document management and communications industries; McLean Events International, Ltd, a world-leading producer of appointment-based events; Imaging Network, a leading business-to-business multimedia marketing company serving the office products channel; Five Star Alliance, the leading online luxury hotel booking service for the affluent traveler; and, Oxford Publishing, Inc., publisher and tradeshow producer serving the beverage and food industries. The company's combined operations include more than 450 employees in offices throughout North America, South America, Asia and Europe.