Paperloop Announces New Management Team

BOSTON—Paperloop today announced a new senior management team. The new team will be headed by Rod Young, formerly Senior Vice President of the company's Information Products group, who replaces Ian Johnston as President and CEO. Johnston will continue with Paperloop in a consulting role with the 2005 Tissue World and CMM International trade shows. This management change reflects the company's increased emphasis on analytical and subscription-based products following the recently announced sale of the Tissue World franchise to CMP Asia.

Young will be joined by Robert Berg, CFO; Liza Turner, Senior VP - Marketing and Sales; and Keith Balter, Senior VP - Analytical and Editorial Products. Each of the new members of the management team has an extensive background in the information business.

Young commented, "Prospects are bright for this streamlined and more tightly focused Paperloop. The company experienced strong growth in 2004, and the new management team is already moving forward with a number of promising development initiatives to ensure an equally strong performance in 2005."