CBM Completes the Acquisition of BACK

24th Mar 2005

Commonwealth Business Media,
Inc. announced today the acquisition of BACK Aviation Solutions, a
leading provider of aviation and air transportation information. BACK’s
comprehensive product portfolio includes information services, strategic
and technical consulting, custom research and forecasting and asset
management services. The firm is recognized throughout the industry as one
of the most respected sources of aviation and air transportation
information. “We are extremely excited about BACK Aviation Solutions joining the CBM
family and that the entire BACK management team including Cam Koblish,
Michael Allen, Steve Casley and Scott Brandt is staying with the
business,” said Alan Glass, Commonwealth Business Media Chairman,
President and CEO. “This acquisition expands our business into the highly
technology driven aviation market and significantly increases our revenues
from pure database sales. We also see real opportunities for the BACK
management team to work on expansion opportunities with our PIERS (Port
Import Export Reporting Service) database business. All together, this
extension of our business into the growing global aviation market furthers
our goal of serving the international trade and transportation markets
with data solutions unavailable anywhere else.”

BACK offers the most complete collection of aviation information and
analytical tools available in the air transport industry. The firm brings
together traffic data, airline schedules, financials, operating
statistics, worldwide commercial fleet data and route mapping-making this
information available from a laptop or personal computer.

BACK’s services are relied upon by most major sectors of the aviation and
air transport industries including airlines, airports, financial
institutions, manufacturers, governments, travel companies and consulting
firms. BACK was founded in 1992 through the acquisition of the
transportation databases of I.P. Sharp/Reuters. For more information on
BACK, visit http://www.backaviation.com/.

“We are very pleased to be joining the CBM family,” said Cam Koblish,
President & CEO - BACK Aviation Solutions. “It is a win-win for both
organizations. CBM will be adding more aviation content to its already
extensive transportation product and service portfolio. BACK will be able
to expand the range of services we offer to the aviation and air transport
industries. The combination of people, products, and expertise will ensure
that we deliver unparalleled innovative solutions to our present and
future clients.”


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