Prism Business Media Acquires Transportation Technical Services, Inc., Leading Source of Trucking Industry Data and Publisher of FleetSeek.com

NEW YORK--June 26, 2006--Prism Business Media Inc. today announced the acquisition of the assets of Transportation Technical Services, Inc. (TTS), a leading trucking industry data source. TTS produces widely used trucking industry database/directory resources and operates FleetSeek(R), a customized Web vertical search engine providing detailed information on more than 200,000 trucking operations in the U.S., Canada and Mexico. Terms of the transaction were not disclosed.

TTS, a privately held, 23-year-old data and research firm, gathers, develops, and analyzes detailed information on trucking operations for use by the wide range of companies that market products and/or services to the industry. In addition to FleetSeek, TTS currently produces eight major database/directory products, as well as 30 targeted versions of these products. The firm also conducts independent industry research and analysis surveys.

TTS customers include major truck manufacturers and suppliers to the trucking industry; as well as transportation logistics companies, banks, insurance companies, financial firms and industry analysts.

"Our acquisition of TTS reflects Prism's increasing focus on providing core data-based services to the many industries we serve," said John French, president and CEO of Prism. "More than 250,000 professionals, managers, business people and government employees regularly use Prism's rich data products to support transactions and ongoing business decision-making. TTS and Prism's other recent acquisitions reflect our intention to continue to strengthen our position in rich data services."

TTS will become part of Prism's truck and auto group which includes Fleet Owner(R) and Ward's and will be rebranded as FleetSeek. Current TTS head Ron Roth will continue to manage operations. A 17-year employee of TTS, Roth previously served as director of industry research and statistics for the American Trucking Associations. He will report to Prism Group Publisher Tom Duncan. The group will continue to be based at its present location in Fredericksburg, Va.

"We are delighted to welcome TTS and its employees to the Prism family," said Duncan. "We are particularly pleased that we will be able benefit from Ron Roth's deep expertise and experience in this field in the future. This step extends a 15-year partnership with TTS on co-marketing projects and the development of trucking's only national private fleet directory, and represents an ideal data-focused complement that will further strengthen our trucking and automotive offerings."

Current TTS directory/database products include: National Motor Carrier Directory; Private Fleet Directory; Canadian Motor Carrier Directory; Mexican Motor Carrier Directory; Owner-Operator Directory; Blue Book of Trucking Companies; Motor Carrier Routing Directory; and National Truck Dealer Directory.

Prism's other automotive and trucking product brands include American Trucker(R), Bulk Transporter(R), FleetOwner, Refrigerated Transporter(TM), Trailer Body Builders(R), Truck Blue Book(R), Ward's AutoWorld(R), Ward's Dealer Business(R), Ward's Information Products and Ward's Auto Interiors Show and Conference, as well as a variety of industry-specific data services.

Prism Business Media Inc. is a leader in business-to-business communication and information, connecting qualified buyers and sellers in 20 industry sectors. Prism's growing portfolio of market-leading brands spans 70 magazines, 150 e-newsletters, 17 industry trade shows and 500 rich data products. Each month, more than 3.3 million unique visitors utilize Prism Web sites and services. Prism Business Media is owned by U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, and by co-investors Highfields Capital Management and Lexington Partners. For additional information on the company and its businesses, visit www.prismb2b.com.