Paperloop sells CMM International

BOSTON, Aug. 31, 2005 - Paperloop announced today that it has sold the Converting Machinery and Materials (CMM) International conference and exposition business to PennWell Corporation. CMM is the premier trade show for the converting and package printing industry, and the recent CMM 2005 exposition in Chicago was the 15th edition of this biennial event.

With the sale of CMM, Paperloop continues to execute on the strategy announced earlier this year to focus on providing information products and services to the global pulp and paper, wood products/timber, and tissue/nonwovens markets. .

Paperloop CEO Rod Young noted, "CMM is the only converting-exclusive event in the world and it's a great fit for PennWell. As with our sale of the Tissue World franchise in February, the decision to divest this asset is another step in our strategic plan to extend our position as the leading provider of information in the forest products market and related sectors."

Paperloop was represented in this transaction by The Jordan, Edmiston Group, Inc. (JEGI), a New York City based investment banking firm for the media and information industries, and by Wall Street law firm Carter Ledyard & Milburn LLP.

About Paperloop

Paperloop's mission is to provide the most valued information for and about the paper, pulp, forest, converting and allied industries. This is achieved through leading industry publications such as the Pulp & Paper and PPI family of magazines and newsletters; RISI, experts in paper/forest products analysis and forecasts; Paperloop Benchmarking; and the foremost website for the paper industry, www.paperloop.com