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Summit Business Media Appoints Thomas Flynn As CFO; Brings Over 15 Years of Experience in Publishing, Media and Entertainment

Posted on: Tuesday, 10 July 2007, 09:22 CDT

NEW YORK, July 10, 2007 (PRIME NEWSWIRE) -- Summit Business Media, LLC, a leading media company serving the business-to-business market, today announced the appointment of Thomas M. Flynn, CPA, as Chief Financial Officer. Mr. Flynn, 38, had been interim CFO of Summit Business Media and CFO and Managing Director of Shared Services at Highline Media LLC, a Summit Business Media operating unit. He will be based in both New York and in Fairfield, CT and report to William F. Reilly, Chairman and CEO of Summit Business Media.

Mr. Flynn brings over 15 years' experience in publishing, media and entertainment to his role at Summit Business Media. Prior to joining Highline, Mr. Flynn was a Senior Vice President and Chief Financial Officer of PRIMEDIA Business Magazines and Media, overseeing all financial functions in North America. Earlier, he was CFO of About.com when the company was acquired by PRIMEDIA, Inc. in 2001. Other positions held include Vice President and Senior Financial Officer of Hibernia Communications, a privately owned broadcasting company, and Director of Royalty Accounting at EMI Capital Music Group, a large multinational entertainment company. He began his career as a Senior Accountant at PricewaterhouseCoopers.

"Tom will play an important role in leading the day-to-day finance operations at Summit Business Media," said Mr. Reilly. "His experience in managing the technology function as well as his background in financial operations will be a great fit as we look to further grow our business organically while integrating our recent acquisitions."

About Summit Business Media

Summit Business Media was formed through a partnership between William F. Reilly, former CEO of PRIMEDIA, and Wind Point Partners in an acquisition of Highline Media and Pfingsten Publishing in November 2006. Summit Business Media serves the insurance community with venerable assets such as Highline's National Underwriter Property/Casualty and Life/Health weeklies and SB Media's Life Insurance Selling and American Agent & Broker. Summit Business Media serves the financial services and insurance industries via magazines like Wealth Manager, Research and Futures magazines, reference tools like TaxFacts and Fire, Casualty and Surety Bulletins, and 150 other books, electronic products and conference events. It is also the leading data provider of financial and market information on insurance companies as well as the premier information source to the retail mortgage market via Mortgage Originator magazine. Additional information about Summit Business Media is available at www.summitbusinessmedia.com. Additional information about Highline Media and SB Media, LLC is available at www.highlinemedia.com and www.sbmediallc.com .

About Wind Point Partners

Wind Point Partners(r) is a private equity investment firm with $2 billion in capital under management. Wind Point focuses on partnering with top caliber management teams to acquire solid middle market businesses with a clear path to value creation. Additional information about Wind Point is available at www.wppartners.com .

This news release was distributed by PrimeNewswire, www.primenewswire.com

CONTACT: MarketcomPR Rosalia Scampoli 914-632-0090 rscampoli@marketcompr.com

Source: PrimeNewswire

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