MDM newsletter joins MRO.com portal

By Industrial Distribution Staff -- Industrial Distribution, 2/1/2000

Bedford, Mass.--PSDI, a provider of software and e-commerce systems for industrial distributors, acquired the bi-weekly newsletter Modern Distribution Management to provide information online.

PSDI sells enterprise asset maintenance software and its subsidiary, MRO.com, is an online trading community. The company bought Minneapolis, Minn.-based MDM in January for about $1.3 million, and announced that all of the newsletter's content and editorial resources will become part of the MRO.com portal. MDM editor Thomas Gale becomes MRO.com's executive editor.

"The acquisition of MDM will allow MRO.com to deliver strategic news and management information to MRO industrial distribution firms, manufacturers of MRO products, and a huge community of users of MRO goods and services," said Rob Bloom, vice president of marketing communications for MRO.com.

MDM said its 2,000 subscribers would continue to receive the newsletter.

PSDI also hired another industry veteran, Jim Powers, as vice president of business in its portal division. Powers, who has 13 years of experience with Putman Publishing Co., will work with Gale to generate content for the MRO.com portal as well as form alliances with traditional print media services.

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