New York, NY—Meridian-IQ (MIQ) recently formed a strategic partnership with Penton Media, a leading business-to-business media company operating within the wealth services industry.

"The [MIQ] database is the most up-to-date and robust in the advisory space," said Nicholas W. Stuller, President and CEO of MIQ. "The investment by Penton and our strategic relationship will help us collectively develop new products and add new functionality for our clients."

MIQ will have access to new resources via Penton's Wealth Management Group, allowing the company to evolve its current product offerings and to develop news tools within the financial data industry. Penton will leverage Meridian's database suite to conduct targeted client research and expand its range of services to the advisory market. Additionally, Penton is now a reseller of Meridian-IQ products.

"Penton's Wealth Management Group is focused on enabling advisors to improve their skills and offerings to clients," said Warren Bimblick, Senior Vice President, Strategy and Business Development at Penton. "We help marketers reach advisors and this alliance will enable us to help them target so much better through our publications, websites, education offerings, customized marketing programs and research."

William O'Connor, Vice President of the Financial Services Group at Penton will become a member of the Meridian-IQ board of directors.

About AIQ, Inc.:

AIQ, Inc. produces the Meridian-IQ suite of Advisor database directories. They are the newest, deepest and most up-to-date database of Advisors on the market. Meridian-IQ represents the next-generation sales and marketing workflow engine, incorporating the most accurate Advisor databases, time management tools, and business planning software. Meridian-IQ was developed by a team of financial services industry professionals who have decades of experience working with hundreds of financial institutions. AIQ, Inc. has a specific focus of helping firms use data and tools to target, identify, and connect with Financial Advisors.

About Penton:

As a leading, independent, business-to-business media company, Penton knows business and how to create and disseminate the vital content that moves markets. Penton is where professionals turn to gain the critical insight, expert analysis, and relevant connections needed to compete and succeed. Headquartered in New York City, the privately held company is owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, and its co-investors. For additional information on the company and its businesses, visit www.penton.com.