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Weekly News Digest

January 15, 2001 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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Lexis-Nexis Acquisition Will Expand Municipal Code Offerings

The Lexis-Nexis Group (http://www.lexis-nexis.com) has announced that it has acquired Book Publishing Co. (BPC), a leading producer of municipal codes and ordinances for local governments throughout the U.S. BPC has published codified ordinances for more than 2,000 municipalities in nearly every state in the country. It was founded in 1951 and has current contracts with approximately 1,200 municipalities to publish their ordinances.

"The acquisition of Book Publishing Co. is a strong strategic fit with Lexis-Nexis Group," said Jim Smyth, senior vice president and publisher for Lexis-Nexis Small Law Firm and Government Markets. "Its content is targeted at one of the largest market segments for Lexis-Nexis: small law. With it, we can provide even better value-added, customizable information that will meet the specific needs of small law and solo practitioners."

Smyth said that BPC's relationship with its municipal customers is similar to the relationship Lexis-Nexis has with state governments for the production of their official state codes. (Lexis-Nexis publishes annotated state codes for 35 states and territories.) The acquisition of Book Publishing Co. is the sixth made by Lexis-Nexis in the last 12 months.

Source: Lexis-Nexis Group



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