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Renowned Economist Peter Morici to Speak at Travel & Meetings Summit

FOR RELEASE: December 11, 2008

Media Contacts:
ISM
Jean McHale
ISM Public Relations
800/888-6276 extension 3143
jmchale@ism.ws

NBTA
Caleb Tiller
+1 703/684-0836, ext. 138
ctiller@nbta.org



Morici to Provide Economic Overview, Expectations and Reflect on Current Recession

(Alexandria, VA and Tempe, AZ) December 11, 2008 — The National Business Travel Association (NBTA), the Institute for Supply Management™ (ISM), and ProMedia.travel LLC, today announced that Dr. Peter Morici, Ph.D., Professor with the Robert H. Smith School of Business at the University of Maryland, will address attendees at the inaugural ISM and NBTA Summit on Travel & Meetings: Supply Management's Critical Role. The Summit will be held January 27-28, at the Westin Charlotte, in Charlotte, North Carolina. As the United States starts a new year officially in a recession, Morici will provide an overview of the current global economic crisis and what businesses and individuals can expect in the coming year and beyond.

Professor Morici is a recognized expert on economic policy and international economics, having served as director of the Office of Economics at the U.S. International Trade Commission prior to becoming a professor at the University of Maryland. He has authored 18 books and monographs, participated in three NBTA TV episodes, and is frequently featured on national broadcast networks around the world. Morici has most recently testified before Congress on the auto industry bailout.

"NBTA is proud to welcome Dr. Morici as a featured speaker at the first-ever NBTA event to focus on supply management in travel and meetings," said Kevin Maguire, CCTE, GLP, NBTA President & CEO. "Having worked with Dr. Morici recently as the global economy began to slow, we are confident he will provide the insights necessary to successfully navigate an uncertain upcoming year."

The ISM and NBTA Summit on Travel & Meetings is specifically intended for experienced professionals with oversight responsibilities for business travel and meeting spend within supply management operations. This two-day event will address the challenges of managing travel and meetings in today's challenging economy and will offer insights and solutions from leading industry professionals.

Complete agenda, registration information, hotel information, sponsorship opportunities and a video preview of Peter Morici's topic are available online at www.ism-nbta.org.

About NBTA
The National Business Travel Association (NBTA) is the world's premier business travel and corporate meetings organization. NBTA and its regional affiliates — NBTA Asia Pacific, NBTA Canada, NBTA Mexico and NBTA USA — serve a network of more than 15,000 business travel professionals around the globe with industry-leading events, networking, education & professional development, research, news & information, and advocacy. NBTA members, numbering more than 4,000 in 30 nations, are corporate and government travel and meetings managers, as well as travel service providers. They collectively manage and direct more than US$200 billion of global business travel and meetings expenditures annually on behalf of more than 10 million business travelers within their organizations. For more information, visit www.nbta.org.

About ISM
As the largest supply management institute in the world, the mission of Institute for Supply Management™ (ISM) is to lead supply management. By executing and extending its mission through education, research, standards of excellence, influence building and information dissemination — including the renowned monthly ISM Report On Business® — ISM continues to extend the global impact of supply management. ISM is a not-for-profit membership association serving more than 40,000 supply management professionals in 75 countries. ISM offers credentialing to professionals around the world with the Certified Professional in Supply Management® (CPSM®) qualification. ISM is a member of the International Federation of Purchasing and Supply Management (IFPSM). For more information on ISM, visit www.ism.ws.

About ProMedia.travel LLC
ProMedia.travel LLC is an integrated media company serving the information needs of the managed travel and meetings marketplace. ProMedia.travel publishes Procurement.travel, the industry's newest and only magazine designed exclusively for corporate travel and meetings procurement professionals worldwide. Procurement.travel provides the trends, case studies, market intelligence, analysis and benchmarks that expert buyers need to source, procure, fulfill, measure, evaluate and report. In addition to Procurement.travel, ProMedia.travel, publishes Management.travel, The Transnational and The Beat. For more information, visit www.promedia.travel.





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