Aspermont signs up with Kondinin Group

Perth-based industry publisher Aspermont Ltd has formed a strategic alliance with rural consultancy Kondinin Group for future projects, starting with an online newsletter, Aspermont has announced.

The full text of a company announcement is pasted below

Aspermont Limited today announced a strategic partnership with the Kondinin Group, with the aim of developing and growing the businesses of both groups through the synergies generated by the partnership.

Aspermont is Australia's leading print and Internet publisher to the mining, oil & gas, construction and related sectors.

The Company's products are sector leaders through quality of content and highly competitive pricing and include the following titles: Australia's Mining Monthly; RESOURCESTOCKS; Contractor; MiningNews.net; PetroleumNews.net;
BiotechnologyNews.net.

The Company has successfully integrated print publishing with on-line news services with strong growth in revenues being achieved.

Aspermont's corporate objective is to continue to improve print profitability within Australia and to drive future earnings growth through the expansion of Internet publishing into related trade areas and sectors.

Kondinin Group is a not-for-profit farmer owned and directed organisation. The Kondinin Group network of farmers, agribusiness, consultants, researchers and staff are committed to ensuring farmers have access to the best information available to lift farm efficiency and productivity.

The Group has a range of complementary business services which draw on the specialist skills within the Kondinin Group including membership and information, publishing, training and consulting services.

The Group is run by a Board of Management structured to ensure independence and to secure outside expertise in the areas of finance, marketing and agribusiness.

Aspermont's CEO, Colm O'Brien, said today, "The partnership between the Kondinin Group and Aspermont signifies both groups commitment to providing high level communication, knowledge and support to Australia's network of
farmers and agribusiness.

"Aspermont is thrilled to be working with the Kondinin Group, Australia's leading independent farm improvement group, and we are excited about the future possibilities that the partnership will bring."

Kondinin Group's CEO, Bill Ryan, said, "the partnership offered Kondinin Group the opportunity to partner with an organisation that was a leader in the integration of print and online information services."

"There are tremendous synergies between Kondinin Group and Aspermont and these can be realised without the independence of Kondinin Group being compromised."

The first stage of the partnership will be the joint development of an online news service for the Kondinin Group membership.

More details of the new partnership will be released to the market over the next few months.