Walter Manninen Named CEO of IDG’s CXO Media

FRAMINGHAM, MA – FEBRUARY 13, 2004 – IDG's CXO Media (publisher of CIO and CSO magazines) today announces the appointment of Walter Manninen to CEO of CXO Media. Manninen, a 12-year veteran of International Data Group (IDG), was appointed President in September 2002 and now serves as President and CEO.

"In the past 17 months, Walter has done an exceptional job guiding CXO Media through a difficult economy," says Pat Kenealy, CEO of IDG. "Under Walter's leadership, the business unit has maintained the quality and frequency of its magazines and conference schedules. In addition, CXO Media's 2003 results were excellent and 2004 looks even better."

Manninen joined CXO Media in 1991 and served as executive vice president of finance and operations before being named president 17 months ago. During his tenure, Manninen has overseen six major expansions, presided over an increase in staff from 30 to 136, created new departments, such as the Information Systems division, and served as an early advocate of CXO Media's vibrant Web presence.

"CXO Media is well positioned as a market leader and continuously strives to find new and innovative ways to serve the needs of executives here and abroad," adds Manninen.

Prior to entering the information industry, Manninen worked in commercial banking for 10 years in various senior management positions, including treasurer, comptroller and vice president. He also served on the Board of Security for the Massachusetts Banking Association.

About CXO Media Inc.:

CXO Media publishes CIO (launched in 1987) and CSO magazines, as well as, The CIO Insider, and CXO Media serves CIOs, CSOs, CEOs, CFOs, COOs and other corporate officers who use technology to thrive and prosper in this new era of business. The company strives to enhance partnerships among C-level executives, as well as create opportunities for information technology (IT) and consumer marketers to reach them. In addition to magazines and websites, CXO Media produces Executive Programs, a series of conferences that provide educational and networking opportunities for corporate and government leaders.

CXO Media Inc. is a subsidiary of IDG, International Data Group (IDG), the world's leading technology media, research, and event company. A privately- held company, IDG publishes more than 300 magazines and newspapers including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World, and PC World. The company features the largest network of technology-specific Web sites with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide including LinuxWorld Conference & ExpoR, Macworld Conference & ExpoR, COMNETR Conference & Expo, DEMO, and IDC Directions. IDC provides global market research and advice through offices in 50 countries. Company information is available at