CMP Media Acquires Light Reading

MANHASSET, N.Y., Aug. 19 -- CMP Media, a high-tech business-to-business multimedia company, has acquired Light Reading Inc., a New York-based business media company serving the telecommunications industry and other related communications markets. CMP will acquire Light Reading's four online publications (Light Reading, Byte & Switch, Unstrung and Next-Gen Data Center Forum), Web-based seminars (Webinars), live events, broadband television, paid research and advisory services (Heavy Reading) and paid subscription newsletters as well as white papers, online directories and sponsored e-newsletters.

Stephen Saunders, co-founder and CEO of Light Reading, remains president of Light Reading and becomes senior vice president of CMP's newly-formed communications group. All Light Reading employees will become part of the CMP Media organization.

For more information, visit: www.lightreading.com