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Press Releases

Highline Media Acquires the Conference Group Ltd.

4/26/2006

Erlanger KY, -- Today The National Underwriter Company, a unit of Highline Media, announced the acquisition of the assets of The Conference Group, Ltd., the insurance industry’s leading executive-level conference organizer.  The Conference Group Ltd.’s conferences, including The 18th Annual Executive Conference for Property-Casualty Insurance Industry and The 17th Annual Executive Conference for the Life Insurance Industry, will become part of NUCO’s Insurance Conference Division, headed by James M. Keefe III, Senior Vice President and Managing Director of NUCO. Deborah Slott, founder of the conferences and organizer since their inception, joins the conference team as Director of Executive Events.

“We are extremely excited to add these two premier events to our growing conference portfolio,” said Andrew L. Goodenough, President and CEO of Highline Media. “We’re committed to expanding our conference programs, and these events fit perfectly into our model for a highly successful series of senior level events.  These conferences have stood the test of time in bringing together the insurance industry’s senior executives and thought leaders. We welcome Deborah Slott and her team to Highline, and look forward to working with her to perpetuate the fine events she has built. In the years to come, we will also be adding other events to round out a comprehensive slate of executive-level conferences for the insurance and financial industries.”

Slott will take an active role in creating these new events.  “The National Underwriter acquisition of The Conference Group Ltd. is the next logical step in the growth of this series,” said Slott. “NUCO brings increased depth and expertise to these offerings, and enhances the opportunity to extend the reach of these events. We will be able to lever the strengths of each organization into one high caliber operation, to better serve the needs of the industry.” Slott continues to work from her New York City offices.

Terms of the transaction were not disclosed.  For additional information, please contact:

James M . Keefe III                                                                 Senior Vice President and Managing Director                          The National Underwriter Company                                         A Unit of Highline Media                                                     859/692-2158                                                              jkeefe@nuco.com                

Deborah Slott                                                               Director                                                                             The National Underwriter Company, Insurance Conference Division                                                                                 212/813-2292                                                                     dslott@conferencegroupltd.com

About The National Underwriter Company

NUCO, formed in 1897, is the leading publishing and information services business for the insurance industry. Headquarters are in Erlanger, Kentucky, a suburb of Cincinnati, and principal editorial and advertising sales offices are in Hoboken, New Jersey. NUCO’s Insurance Magazine Division publishes two weekly newsmagazines for the property/casualty and life/health sectors of insurance carrying the National Underwriter brand. The company also publishes Claims, a monthly magazine for claims executives; Tech Decisions, for IT insurance professionals; and two regional titles, Florida Underwriter, and Insurance Advocate, for the New York metro market. In live events, NUCO’s Insurance Conference Division sponsors its annual ACE claims conference and the Life Insurance Sales Mastery Forum. NUCO’s Professional Publishing Division issues the Fire, Casualty and Surety bulletins, reporting on the latest developments in insurance policy application and legal interpretation; and the TaxFacts annuals, summarizing how the tax code affects insurance benefits and investment decisions, among some 160 titles in all.  For more information about NUCO, visit www.nuco.com.

About Highline Data

Highline Data, headquartered in Cambridge, Massachusetts and Austin, Texas,  is the industry leader in the delivery of electronic financial databases focused on the statutory filings of the insurance and banking industries. The information is crucial to users of regulatory statements in evaluating not only the current financial health of the insurance industry, but more importantly, its future performance. It is also an indispensable tool in evaluating and pricing investments and evaluating merger and acquisition candidates. For more information visit www.highlinedata.com.

About Highline Media

Highline Media LLC was formed in October 2003 to acquire The National Underwriter Company, the leading publisher and reference provider to the insurance and financial industries. Magazine brands include the National Underwriter Property/Casualty and Life/Health weeklies, Claims, Tech Decisions, Insurance Advocate and Florida Underwriter; the reference tools TaxFacts and Fire, Casualty and Surety Bulletins, along with 150 other books and electronic products, and three conference events. In May 2004, the company added insurance and banking data assets, including regulatory, M&A and publicly traded data, from The Thomson Corporation. In the fall of 2005, Highline acquired Wealth Manager magazine from Bloomberg and Research and Futures magazines from Adams Business Media. The company has 250 employees and revenues of $50 million.

The company is backed by Spire Capital, a private equity firm whose current fund is making investments totaling $260 million, and the banks Harris Nesbitt, Brown Brothers Harriman and Wells Fargo.