GlobalSpec Reaches New Milestones in 2009
Highlights Include Significant Increases in Registered User Base; Expansion of e-Newsletter Titles and Circulation; Continued Growth of CR4 Community Site; Introduction of Online Events
Troy, NY – (Business Wire) – 2/2/2010 –GlobalSpec (www.globalspec.com), the leading specialized search engine, information resource and e-publishing company for the engineering, industrial and technical communities, today announced that it achieved significant growth in a number of areas during 2009, reaching new milestones in registered users, subscribers and subscriptions, as well as new product launches.
In 2009, GlobalSpec expanded its global registered user base by 900,000 --- 19% year over year growth --- and has now surpassed 5,600,000 total registered users. In addition, GlobalSpec also gained over 1,400,000 new subscriptions to its suite of engineering and technology focused e-newsletters and now publishes over 60 e-titles with a combined worldwide opt-in circulation of 9,100,000 --- a 21% year over year increase. Four new e-titles were also introduced in the areas of healthcare manufacturing, oil and gas technology, food and beverage technology and construction tools and equipment.
GlobalSpec also increased both the number of subscribers and e-subscriptions to its popular product Alerts. The number of Alerts subscribers increased by 20 percent in 2009, and the total number of Alerts subscriptions now top 2,500,000 – a 33 percent increase. More than 130 different GlobalSpec product Alerts are available, offering a weekly update on the latest product, supplier and technical information to subscribers. CR4, GlobalSpec's peer-to-peer and professional networking site for engineers also experienced meaningful growth in 2009.
GlobalSpec also launched a new line of business during 2009: online, interactive events for the B2B industrial marketplace. These highly targeted virtual tradeshow/conference events feature expert speakers, the industry latest news and product demonstrations from the convenience of a desktop. For exhibitors, GlobalSpec e-events bring together an audience of influential engineering, scientific and industrial decision makers, allowing suppliers to conduct business, network, build relationships, demonstrate products and share technical knowledge with their qualified target audience. More than 40 e-events have been scheduled in multiple subject-specific fields of engineering, manufacturing and technology.
"Despite the impact of the worst recession in 70 years, GlobalSpec was able to significantly grow its registered users bases, subscription bases, successfully launch new services and debut a new line of business with e-Events," said company Chairman & CEO Jeffrey M. Killeen. "Our commitment to continuous next-gen innovation and product development, ongoing investment in our users, clients and employees and our focus on driving growth in all of our business lines is now allowing us to emerge from this unprecedented recession stronger and more valuable to our target audiences."
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