New York, NY-- April 12, 1999 - Thomson Financial Services (TFS) announced today that it has acquired Milwaukee-based Powell Publishing, publisher of DM Review, a monthly magazine targeted at the data warehouse and business intelligence market. This publication will be folded into TFS' Faulkner & Gray (F&G) unit, which will incorporate DM Review into its Chicago-based EDI and Electronic Commerce publishing businesses. Terms of the agreement were not disclosed.

DM Review, boasting a controlled circulation of 58,000, is the largest and fastest growing publication in the data warehouse industry. Two related and highly popular Web sites ( and are also part of the acquisition. Jack Love, president and CEO of Faulkner & Gray, explained, "The market for data warehousing software and services is experiencing explosive growth because the ability to store, update, analyze and retrieve all customer files from a single database is essential to developing successful electronic commerce businesses. As a result, DM Review immediately becomes an integral component of our electronic commerce publishing strategy."

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