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EnergyOcean 2009 to be held June 16-18 in Rockport, ME.
Monday, March 2, 2009
FOR IMMEDIATE RELEASE
Contacts:
Sean Guerre: sguerre@accessintel.com
Diane Schwartz: dschwartz@accessintel.com
Access Intelligence Acquires EnergyOcean Conference and Tradeshow, Furthering Position in Energy Market
EnergyOcean 2009 to be held June 16-18 in Rockport, ME.
ROCKVILLE, MD, March 2, 2009 –Access Intelligence, LLC, a full service b-to-b information and marketing solutions provider and producer of the Electric Power tradeshow, Power magazine and The Energy Daily, announced today the purchase of EnergyOcean, a conference-based tradeshow event, from Technology Systems Corporation. EnergyOcean focuses on the activities offshore to develop sustainable energy sources for the future of civilization.
EnergyOcean is owned by Stuart, Florida-based Technology Systems Corporation, a subsidiary of Continental Shelf Associates, Inc., owned by Kevin Peterson, CEO, along with Dan White, President of TSC and five other investors who have many years of experience in the ocean and energy industries. Continental Shelf Associates is a multi-disciplinary holding company which owns several companies serving the ocean industry. In addition to EnergyOcean, TSC publishes Ocean News & Technology and Offshore Source magazines.
“When first approached by AI, we had no intention of divesting our Energy Ocean event. However, over time we came to understand that AI had the capability to take EnergyOcean to another level, benefiting our loyal customers while also generating new opportunities for both of our companies. We’re extremely impressed with the style and professionalism of the management team at AI, and are excited about a long and fruitful relationship between our organizations,” commented Peterson, CEO of Continental Shelf Associates.
The acquisition of the Energy Ocean event firmly places AI in the rapidly expanding renewable energy marketplace. “This widely respected and visionary international event was launched in 2004 by TSC at the earliest stages of this market and has grown quickly to serve all forms of offshore and ocean energy, including wind, wave, currents and tidal power generation on a global basis,” notes AI Senior Vice President Sean Guerre, who heads up the Power Group. “Our team is very excited to build on the solid foundation created by Kevin, Dan, and MJ at TSC in the renewable industry as we grow this conference in conjunction with our stable of energy properties including POWER, The Energy Daily, Clean Energy Update, ELECTRIC POWER and Clean Series Events.”
Energy Ocean will be a part of Access Intelligence’s expansive Energy portfolio, which publishes The Energy Daily newsletter, Power magazine, Electric Power tradeshow, The Clean Energy Update and Energydaily.com, under the leadership of Divisional President Heather Farley.
About Access Intelligence
Access Intelligence (www.accessintel.com), a portfolio company of Veronis Suhler Stevenson, is a b-to-b media and information company headquartered in Rockville, Md., serving the energy, chemical, defense, aerospace and communications markets. Leading brands include The Energy Daily, Defense Daily, CableFAX, PR News and Media Industry newsletters; Power, Via Satellite, Chemical Engineering and Chemical Week magazines; the Chemical Economics Handbook and Process Economics Program research databases; and SATELLITE 2009, daratechPLANT and LDC Forum events.
To schedule a media interview with Don Pazour, contact Michelle Levy at 301-354-1511 or mlevy@accessintel.com
About Veronis Suhler Stevenson (VSS)
Veronis Suhler Stevenson (www.vss.com) is a private equity firm that invests buyout and structured capital funds in the media, communications, information and education industries in North America and Europe. VSS provides capital for buyouts, recapitalizations, growth financings and strategic acquisitions to companies and management teams with a goal to build companies both organically and through a focused add-on acquisition program. To date, VSS equity and structured capital funds have invested in over 50 platform companies, which have in turn completed over 220 add-on acquisitions resulting in a portfolio with realized and unrealized enterprise values in excess of $12 billion. For addition information: www.vss.com.
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