|Wednesday, November 1, 2006 |
ROCKVILLE, MD, November 1, 2006 — The Business Information Division of Access Intelligence LLC announced today the acquisition of The LDC Forum Series natural gas conferences, owned by Interchange Energy Group, Inc. The acquisition expands Access Intelligence’s portfolio into the growing natural gas market and along with The Energy Daily newsletter, further solidifies its leadership position in the energy marketplace.
The LDC Forum Series comprises 4 regional conferences held annually in Atlanta, Boston, Chicago and Los Angeles. The conferences are highly regarded by industry for their excellent content and also as the premier networking event for bringing together buyers and sellers in the natural gas marketplace. The conferences are each attended by more than 500 people and cover issues affecting all aspects of the natural gas marketplace, including sources of supply, utilization of storage, infrastructure projects, LNG opportunities, hedge fund analysis and supply constraints. Jerry Ribnick, president and owner of Interchange Energy Group, Inc., has been with the Forums since 1993. He will continue in his role as Chairman of the LDC Forums, and will work with Access Intelligence to develop new products and services to support the natural gas marketplace. For more information on the LDC Forums, visit our web site at www.ldcforum.com.
The acquisition marks Access Intelligence’s continued investment in high-value industry networking events. Don Pazour, president and CEO of Access Intelligence, said: “The loyalty of customers to The LDC Forums is the highest I have ever seen for a business. We look forward to supporting Jerry Ribnick in his vision for continued rapid expansion of the business with new offerings for these loyal customers.”
“With Access Intelligence I’ve finally found a natural business partner who has the enthusiasm for what The LDC Forums provide for the industry today, and even more importantly, they share my vision of what they will become in the future,” said Ribnick. “As Chairman of the Forums, I look forward to working closely with my new colleagues and having the added resources for us to continue building upon the success of the LDC Forums.”
The LDC Forum Series joins The Energy Daily in Access Intelligence’s growing energy group, under the leadership of Vice President and Group Publisher Jennifer Schwartz. “I’m thrilled to have Jerry continue with Access Intelligence as Chairman of the Forums. Jerry’s reputation for excellence and commitment to his customers is second-to-none, making him a perfect fit within our group of dedicated professionals covering the energy marketplace,” said Schwartz.
Notes Divisional President of Access Intelligence’s Business Information Group Heather Farley, “Jerry has built an impressive business that centers around the needs and desires of the natural gas industry. Our collective excitement now is leveraging the deep market knowledge and industry relationships from The Energy Daily and our Chemical Division to continue serving the energy marketplace.”