Sources close to InfoTrends, Inc. revealed that the company has signed a definitive merger agreement with Questex Media Group, Inc. The deal would make InfoTrends a wholly-owned subsidiary of Questex. The agreement is subject to the approval of the shareholders of InfoTrends, and is expected to close by the end of September.

InfoTrends is a leading market research and strategic consulting firm for the digital imaging, output and document solutions industry. InfoTrends industry analysts and consultants provide research, analysis, forecasts, and advice to help clients understand market trends, identify opportunities, and develop strategies to grow their businesses.

"This agreement is an excellent move forward for InfoTrends, as it will enable us to create additional value for our customers and also provide us access to new markets," said Charles A. Pesko, Jr., founder and President of InfoTrends.

"This agreement marks a significant milestone in our drive to become a strategic business information resource for our customers," said Kerry C. Gumas, President and CEO of Questex.

The two companies have had a long-standing commercial relationship. InfoTrends' Pesko was a founding partner of Questex Media's "ON DEMANDTM Digital Printing & Publishing Conference and Exposition", now in its 13th year. InfoTrends continues to produce conference programming for the event.

Pesko founded InfoTrends in 1991 as CAP Ventures. It was recognized four times by Inc. magazine as among the fastest growing privately held companies in America. CAP Ventures acquired Info-Tech Research Group, a digital imaging research and advisory firm, in 2002. The company integrated operations under the simplified "InfoTrends" brand in January of this year.

Questex Media Group, Inc. was formed in April 2005 through partnerships and transactions between private equity group Audax Group, Questex Media, and Advanstar Communications. Headquartered in Newton, MA, Questex Media properties include 23 trade publications, 25 conferences and tradeshows, and numerous databases and online media brands.

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