MecklerMedia Corporation (OTCQX: MECK) announced that, in conjunction with New York based Sagamore III LLC, that it has purchased 3DPrint.com and related assets from Forum Advertising LLC of Cape Coral, Florida that is jointly edited by Eddie and Brian Krassenstein. The purchase includes a 25% equity position of 3DPrintBoard.com. Terms for the asset acquisition were not disclosed. The Krassensteins will continue to be involved with 3DPrint.com as the new directors of ad sales and will be involved editorially until the completion of MecklerMedia's Inside 3D Printing trade show taking place in Santa Clara, California October 20-22, 2015.
In addition to the acquisition announcement, MecklerMedia announced the launch of the first ad network for the 3D Printing Industry. Advertisers will be offered network "buying" opportunities that will include 3DPrint.com, Inside 3D Printing News and companion email newsletter, 3DPrintingIndustry.com and its companion industry email newsletter in which MecklerMedia holds a significant equity position, and the new print/controlled circulation magazine 3D METAL PRINTING debuting in April, 2016 from the Precision Metalforming Association. This new advertising network will offer advertisers an opportunity to reach over 1.5 million unique visitors a month, reach over 500,000 social media contacts, and advertise with the soon to be largest print magazine readership worldwide.
"The purchase of 3DPrint.com combined with our equity interest in 3DPrintingIndustry.com and our 12 international 3D Printing trade shows (and growing) makes MecklerMedia the most significant media company covering additive manufacturing worldwide," stated Alan M. Meckler, Chairman and CEO of MecklerMedia Corporation. "We are thrilled that the Krassensteins' great staff of writers will continue to work with us and help expand 3DPrint.com."
Meckler went on to say, "We are very pleased that the noted news site 3DPrintingIndustry.com will be joining in our new advertising network which includes 3DPrint.com and additional publications. We will be able to offer a wide array of unique advertising packages which includes exposure to over 1.5 million unique visitors monthly, over 100,000 email newsletter subscribers, and over 500,000 social media followers of the various publications associated with our advertising network."
"Brian Krassenstein and I have put a tremendous amount of work into building up 3DPrint.com over the past 20 months," said Eddie Krassenstein, Co-founder of 3DPrint.com. "It has become the leader within the 3D printing news space and number one in terms of traffic. We are confident that the site will continue to grow under the guidance of the MecklerMedia team. Brian and I are excited to now be handling all advertising for 3DPrint.com and the new MecklerMedia 3D Printing Advertising Network. Also we are sure that our team of writers and editors will continue to make 3DPrint.com the go-to source for all 3D printing news."
MecklerMedia (OTCQX: MECK) is a producer of global trade shows, conferences, and digital publications covering 3D printing, robotics, and bitcoin/blockchain. MecklerMedia produces more than 25 conferences annually, including Inside 3D Printing, Inside Bitcoins, RoboUniverse, and the 3D Print Design Show. MecklerMedia's news sites include Inside Bitcoins News, 3D Printing Industry, and 3DPrint.com, which provide up-to-date coverage to help drive business forward.