ANN ARBOR, Mich., March 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- ProQuest Company
(NYSE: PQE), a leading publisher of information solutions for the education
and automotive markets, has appointed Randy Best, co-founder of Voyager
Learning, to the company's Board of Directors effective March 10, 2005.
"Randy Best co-founded Voyager Learning, one of our most recent and most
important acquisitions. Under his leadership, Voyager grew from a startup to
a successful education company with annual revenue approaching $100 million.
As we continue building ProQuest's K-12 business incorporating the platform of
Voyager Learning, having Randy Best as a member of our Board of Directors will
be invaluable," said Alan Aldworth, chairman and chief executive officer of
ProQuest Company. "I look forward to his contributions to ProQuest Company's
continued success, and I welcome him to our board," added Aldworth.
Mr. Best brings significant expertise to ProQuest in the fields of
literacy, K-12 education and the growth of emerging businesses. He was also a
founding partner in the merchant banking firm, Mason Best. During his 35
years in merchant banking, he gained extensive experience as a private
investor and senior executive in a broad range of business entities.
"I am proud to join ProQuest's Board of Directors. We share a vision for
the growth of ProQuest and a strong commitment to education," said Best. "I
look forward to continuing my association with Voyager and ProQuest as a
member of the board," Best added.
Mr. Best is an advisory board member for the Education Commission of the
States, and a member of the National Education Association Foundation Board,
the College of Education Foundation Advisory Council for the University of
Texas at Austin, and the National Urban Alliance Board for Columbia
University. Previously, he served on the White House Millennium Committee and
The Foundation Leadership Network.
About ProQuest Company
ProQuest Company (NYSE: PQE) is based in Ann Arbor, Mich., and is a
leading publisher of information solutions for the education, automotive and
power equipment markets. We provide products and services to our customers
through two business segments: Information and Learning and Business
Solutions. Through our Information and Learning segment, which primarily
serves the education market, we collect, organize and publish content from a
wide range of sources including newspapers, periodicals and books. Our
Business Solutions segment is primarily engaged in the delivery, in electronic
form, of comprehensive parts and service information to the automotive market.
Its products transform complex technical data, like parts catalogs and service
manuals, into easily accessed electronic information. For the world's
automotive manufacturers and their dealer networks, ProQuest also secures
business-to-business information and retail performance management services.
ProQuest Company was recently named one of the nation's 200 best small
companies by Forbes magazine, and one of the 100 fastest growing technology
companies in the United States by Business 2.0 magazine.
SOURCE ProQuest Company
CONTACT:
Mark Trinske
Vice President, Investor Relations
ProQuest Company
734-997-4910
mark.trinske@proquest.com
