UK: Widening the Professional Web - New Strategic Partnerships Give Professional Services Advisors
Last Updated: 14 March 2001

Mondaq, the leading online knowledge database providers for professional services firms, has announced nine new distribution partners including Butterworths Canada, extending a relationship that already thrives in the UK and South Africa. The new partnerships significantly extend Mondaq's ability to deliver up-to-the minute regulatory, legal, tax and financial advice to a global audience of some 4.5 million professionals.

Reed Elsevier is a significant investor in Mondaq who, unlike other content providers, distributes its content free of charge. It currently distributes content through 42 highly targeted, sector specific websites and 9 proprietary databases such as Reuters, WestLaw, DowJones and Lexis-Nexis. By June 2001 Mondaq plans to have expanded its reach to 350 distribution partners.

Mondaq distributes industry and regulatory updates from its professional services contributors via a network of distribution channels. The latest distribution channels include:

* Butterworths Canada - the Canadian affiliate of the world's leading legal publisher * - business information for UK and Ireland SMEs * - high quality industrial Product and Service Information * - online multi-media courses incorporating the Butterworths LEXIS Direct suite of online services - part of Semple Piggot Rochez * - the online magazine for law students - part of Semple Piggot Rochez * - US - general legal information to help people understand their legal rights * - gateway to the UK legal web * - catering to the banking needs and challenges of today's banks * - definitive site for legal and regulatory issues of a compliance nature

The new partnerships support Mondaq's new business model to be launched later this year.

Roy Edwards, Distribution Manager at Mondaq said "We are delighted to be able to announce these partnerships. Pertinent and informative content is the most valuable currency on the Internet. Through these distribution partnerships we are able to offer our contributors a far greater presence on the Internet than they could achieve on their own."

- ENDS -

Notes to editors:

* Established in August 1994, Mondaq is one of the leading branded, online publishing companies, providing an electronic data source of information supplied by more than 1000 of the world's leading professional services advisers across 70 countries.

* Based on the premise that companies are increasingly aware that their 'knowledge' is one of their most marketable assets, Mondaq showcases the expertise and knowledge base of professional services firms direct to their target market, raising their profile amongst new and existing customers at the point of need.

* In Feb 1996 Lycos' Point Review ranked the fifth best business/news website in the world. In April 1998, one Internet magazine, New Media Age, announced Mondaq Business Briefing as one of three finalists for the Best Business Service category in the prestigious New Media Age Effectiveness Awards. Mondaq Business Briefing has more than 113,000 registered users.

* As an early entrant in the new media sector, Mondaq has more than six years trading history and a proven publishing business model. Since launch, Mondaq has established a market leading position in the field of online marketing for professional firms, with a blue chip client list, company infrastructure and key strategic alliances to support the concept.

* Headquartered in London, Mondaq currently employs 40 people in its UK and USA offices.

For further information, please contact:

Alex MacLean, Mondaq, Tel: 020 7820 4006
Victoria Balfour, GCI, Tel: 020 7349 5098

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