SOURCE: SourceMedia

SourceMedia

September 23, 2010 10:16 ET

SourceMedia Launches Education & Training Business

NEW YORK, NY--(Marketwire - September 23, 2010) -  SourceMedia, a media company serving the financial services industry, today announced the launch of a professional education and training business and the appointment of a senior executive to lead it. The new business will be closely integrated with SourceMedia's current content, live event and custom media operations. Initially, it will focus on providing digital training, offering professionals and companies practical and accessible online programs that are responsive to the changing requirements of their dynamic industry segments.

The unit's debut is a further step in the company's effort to transform itself into a diverse information company serving its markets through a comprehensive range of media. It will leverage SourceMedia's existing expertise within the financial and professional services industries to develop a dynamic menu of offerings, including CPE-credit training and Web seminars on industry "hot topics" and emerging trends. This announcement follows another recent press release of SourceMedia's launch of a data and research business.

Initial efforts will focus on augmenting the education and training opportunities offered under SourceMedia's market-leading brand Accounting Today.

Robert Gulick, SVP & Managing Director of Education & Training, has been hired to lead the business. Gulick joins SourceMedia with more than 25 years of experience in building and operating best-in-class service businesses in the professional education and publishing sectors. He has worked for other leading training organizations that include the American Management Association, FINRA (formerly NASD) and Prentice-Hall where he was President and Publisher of the New York Institute of Finance.

"The launch of our new education and training business supports our diversification strategy and is another example of our commitment to provide high value content and services," says SourceMedia CEO Doug Manoni, "Bob Gulick and I share a vision for the business, and he is well-qualified to develop this new initiative within SourceMedia."

"Creating a portfolio of education and training programs while fully-leveraging SourceMedia's strong publishing content in accounting, banking, capital markets, technology and professional services is a centerpiece of our mission," says Gulick. "SourceMedia's editorial talent, brand recognition and loyal subscriber bases give us a significant advantage in delivering relevant training with immediacy and practical value. We are also committed to creating a social community environment for our students, where they will be able to interact, network and share information with their peers and other professionals."

For more information on SourceMedia's Education & Training initiatives, please contact Bob Gulick at robert.gulick@sourcemedia.com.

About SourceMedia
SourceMedia, an Investcorp company, is a leading provider of timely and essential news, analysis, research, data and insights for members of the financial services community, and the related fields of professional services and technology. SourceMedia offers its clients and subscribers professional publications and online information services, industry-standard data applications and in-depth seminars and conferences.

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