WASHINGTON, Nov. 3, 2009 (GLOBE NEWSWIRE) -- FierceMarkets (http://www.fiercemarkets.com), a Questex Media Group company, reported continued record growth at the end of Q3, continuing to succeed in an economy that has been proven to be challenging for many B2B publishers.
"In the first three quarters of 2009, Fierce has posted record-breaking months on a number of fronts. Our circulation is up 25% and we just crossed the 900,000 subscriber mark. Web traffic is up 45% and we're seeing double-digit growth in our revenue year-over-year," said FierceMarkets President Sean Griffey. "We've also hired nine new staff members across all departments and are moving into new office space in November. Fierce is continuing to push full-steam ahead with our plans to aggressively grow the business despite the economic environment."
In 2009, Fierce has launched five new publications in the healthcare, life sciences, and government verticals. FierceMobileHealthcare, FierceEMR, FierceBiotechIT, FiercePharma Manufacturing, and FierceGovernmentIT hit their respective markets earlier this year and are already seeing steady growth. All five publications are on track to cross the 10,000 subscriber mark this year.
In addition to new publications, Fierce has expanded its core product offerings in 2009. A back-end lead generation platform has been developed and deployed to assist B2B marketers with generating targeted leads for their marketing campaigns. The organization has also increased its capacity for custom publishing and is now serving up custom products to clients across all vertical groups. An eBook product was rolled out in the telecom group and the healthcare and life science verticals each have plans to release one in Q4.
"Launching five new successful BtoB e-media products and other ancillary offerings in challenging times demonstrates the obvious strength of the FierceMarket business model," said Questex CEO Kerry Gumas. "They deliver a clear customer value proposition to marketers which includes measurable business results hinged alongside growing, engaged audiences."
About FierceMarkets
FierceMarkets, a leader in B2B e-media, provides information and marketing services in the Telecommunications, Life Sciences, Healthcare, IT, and Finance industries through its portfolio of e-mail newsletters, Web sites, webinars, and live events. Every business day, FierceMarkets' wide array of publications reaches more than 900,000 executives in over 100 countries. Current publications include: Telecom: FierceBroadbandWireless; FierceDeveloper; FierceIPTV; FierceMobileContent; FierceTelecom; FierceOnlineVideo; FierceVoIP; FierceWireless; FierceWireless:Europe. Healthcare: FierceEMR; FierceHealthcare; FierceHealthIT; FierceHealthFinance; FierceMobileHealthcare; Hospital Impact. Life Sciences: FierceBiotech; FierceBiotech Research; FierceBiotechIT; FiercePharma; FiercePharma Manufacturing; FierceVaccines. Enterprise IT: FierceCIO; FierceCIO:TechWatch; FierceContentManagement; FierceMobileIT; FierceGovernmentIT. Finance: FierceComplianceIT; FierceFinance; FierceFinanceIT.
FierceMarkets was acquired in January 2008 by Questex Media Group (www.questex.com), a global diversified b-to-b media provider headquartered in Newton, Mass.