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Exhibit 99.1
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FOR IMMEDIATE RELEASE
CONTACTS:
From Penton Media - Mary Abood,
VP, Corporate Communications & Investor Relations
216-931-9551 or [email protected]
PENTON MEDIA COMPLETES ACQUISITION OF DUKE COMMUNICATIONS,
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LEADING TECHNOLOGY MEDIA COMPANY
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CLEVELAND, OH - September 15, 2000 - Penton Media, Inc. (NYSE: PME) said today
it has completed the acquisition of Duke Communications International, a leading
integrated media company serving the AS/400 and Windows 2000 operating systems
markets, and other technology operating platform markets. The transaction was
first announced on August 30. Duke Communications (www.duke.com), based in
Loveland, Colorado, publishes six magazines, including flagships Windows 2000
Magazine, NEWS/400 and Business Finance, and produces associated Internet media
products.
Penton Media is a leading diversified business media company that produces
market-focused magazines, Web sites, trade shows, and conferences. Penton's
integrated media portfolio serves the following market sectors: information
technology; Internet/broadband; electronics; natural products/food/retail;
manufacturing; design/engineering; management; supply chain/aviation;
government/compliance; mechanical systems/construction; and leisure/hospitality.
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