Virgo Publishing Acquires Billing & OSS World Magazine and Trade Show

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Virgo Publishing LLC, a business-to-business information services company, announced today it has acquired the Billing & OSS World trade show and conference and Billing World and OSS Today Magazine from TeleStrategies Inc., McLean, Va.

With the acquisition of the Billing World properties, Virgo Publishing is able to immediately grow its Telecom Division and at the same time offer the Billing World franchise the ability to grow to the next level with the backing of an experienced publishing and events company

Virgo Publishing LLC, a business-to-business information services company, announced today it has acquired the Billing & OSS World trade show and conference and Billing World and OSS Today Magazine from TeleStrategies Inc., McLean, Va. Terms of the deal were not disclosed.

"With the acquisition of the Billing World properties, Virgo Publishing is able to immediately grow its Telecom Division and at the same time offer the Billing World franchise the ability to grow to the next level with the backing of an experienced publishing and events company," said Jenny Bolton, CEO of Virgo Publishing.

Virgo Publishing produces nine trade shows and conferences, 16 business-to-business magazines as well as online products and services. Virgo Publishing's Telecom Division publishes PHONE+ and xchange magazines and is the producer of the Channel Partners Conference & Expo. The company has a track record of success in the telecom industry. PHONE+ marked its 20th anniversary in 2007, and xchange and the Channel Partners Expo each are more than 10 years old.

The Billing & OSS World trade show will celebrate its 16th year in 2008 and is the premier conference and exposition program focusing on the business and operations support systems requirements for next-generation communications networks. More than 1,000 industry professionals are expected to attend the 2008 event. Billing World and OSS Today Magazine, established in 1995, is published six times a year and is a primary source for coverage and analysis of the telecommunications BSS/OSS sector, including billing, customer management, OSS, IMS, taxation, revenue assurance and cost management.

"The synergies between Virgo's telecom industry titles and the Billing World properties are clear. Virgo brings the breadth of coverage and readership while Billing World offers depth in one critical area," said Mike Saxby, group publisher for Virgo Publishing's Telecom Division. "Together, they can build on these strengths and create a more valuable educational resource for the communications industry."

Virgo Publishing will take over the properties with the November/December issue of Billing World and OSS Today Magazine, and the spring 2008 Billing & OSS World event, April 29-May 1 in Chicago.

Dr. Matthew Lucas, CFO for TeleStrategies, will remain involved through the 2008 trade show to ensure a smooth transition and hand off. Ed Finegold, editor in chief of Billing World and OSS Today Magazine, will be joining the Virgo Publishing editorial team and will remain editor of the publication.

About Billing & OSS World 2008
Billing & OSS World 2008 will be held April 29-May 1, 2008, at the Hyatt McCormick Place in Chicago. Celebrating its 16th year in 2008, Billing & OSS World is the premier conference and exposition focusing on the business and operations support systems requirements for next-generation communications networks. For general information, contact Mike Saxby at +1 480 675 8177. For information about exhibits and sponsorships, contact Danica Cullins +1 480 281 6713.

About Billing World and OSS Today
Billing World and OSS Today is the primary source for coverage and analysis of the telecommunications BSS/OSS sector including billing, customer management, OSS, IMS and digital content operations, taxation, revenue assurance and cost management. It is published six times a year and is available online at http://www.billingworld.com.

About Virgo Publishing
Virgo Publishing is a dynamic information services company specializing in communications through print and electronic media, trade shows and special events, education and training, and value-added business services. In general, each print magazine serves as a platform to create communities through the integration of publishing, events and the Web. For information, visit http://www.vpico.com.

Contact:
Mike Saxby, Group Publisher
Virgo Publishing LLC
480 675 8177

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