Information Today, Inc. Acquires Faulkner Information Services

May 21, 2004


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Information Today, Inc. (ITI) has announced the acquisition of the publishing assets of Faulkner Technical Reports, Inc., a line of information products known as Faulkner Information Services. No terms of the deal have been announced. Faulkner Information Services provides Web-based information in the fields of information technology, communications, and security. Its flagship service is called the Faulkner Advisory on Computer and Communications Technologies (FACCTS), which is a continuously updated and searchable library of research reports written for IT and communications managers, users, and suppliers. The Faulkner Information Services management team will continue to run the new ITI subsidiary at its present location in Pennsauken, New Jersey. Marty Murphy, the former Faulkner president and principle shareholder, has left to pursue other interests but retains a strong interest in the success of the company.

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