"We have decided to enhance our portfolio by acquiring an established online webinar provider," Mr. Martin Valovsky, Fleming Group CEO said.

Adding the online conference provider to the portfolio of Fleming Group activities means the fast-growing B2B conference organizer is now able to provide the knowledge-sharing capacity not only to the traditional conference goers but to the Internet audience as well.

"This recent acquisition enables us to reach wider audience of professionals who desire instant information exchange in order to improve on their business knowledge and know-how. Kakushin has proven to us they are capable of delivering on the high expectations of the target audience. I believe remote conferencing technology is and will remain the integral part of conferencing future as it removes the access barriers for knowledge exchange. This acquisition will benefit not only both involved parties, but our clients the most." Mr. Valovsky added.