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Cambridge, Massachusetts, December 2, 2008 – Pyramid Research (www.pyr.comwww.lightreading.com) announced it has upgraded its corporate headquarters in Cambridge, MA. and its offices in London and Hong Kong to new facilities.  To view the new office locations, visit www.pyr.com/contact.htm.

The relocations of the Cambridge headquarters as well as the London and Hong Kong offices are an integral part of the company’s efforts to align its global presence within Techweb’s Light Reading Communications Network which acquired Pyramid in September of this year.  The larger facilities also allow Pyramid to accommodate frequent visits of international staff, clients, and partners. 

“Pyramid’s move into state-of-the-art facilities in Cambridge, London, and Hong Kong will enhance our client services in a number of ways ,” says Dennis Mendyk, Managing Director of Pyramid Research and Heavy Reading.  “With these moves, Pyramid is now tightly integrated with the massive resources of UBM and Techweb, which will enable us to deliver new products and services to our customers faster and more efficiently.”

Centrally located at 10 Canal Park in Cambridge MA, the newly-constructed office space for Pyramid’s headquarters is convenient to the airport, near public transportation, hotels, restaurants, shopping, and parking. The new facility also features a meeting room whose floor-to-ceiling window overlooks the pond and fountain of Canal Park.

Pyramid’s London office has moved to United Business Media Limited’s headquarters at Ludgate House in London’s South Bank district, while its Hong Kong office has moved to United Business Media’s location in Causeway Bay.  Pyramid’s offices in Seattle and Miami will remain in their current locations.

For more information, please visit www.pyr.com.

###

About Pyramid Research
Pyramid Research (
www.pyr.com) offers actionable solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries–a distinction that has remained unmatched for over 20 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry’s most comprehensive market data, trusted research and insightful technology analysis.

About Light Reading
Founded in 2000, Light Reading (
www.lightreading.com) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading’s research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.

About TechWeb
TechWeb (
http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
*13.3 million business decision-makers: based on number of monthly connection.

About United Business Media Limited (www.unitedbusinessmedia.com)
United Business Media Limited (UBM) is a global media and marketing services company that informs markets and brings the world’s buyers and sellers together at events, online, in print, and with the information they need to do business successfully. UBM serves professional and commercial communities, from IT professionals to doctors, from journalists to jewelry dealers, from farmers to pharmacists around the world. UBM employs more than 6,500 people in more than 30 countries.  UBM's businesses operating in the US include CMPMedica, Commonwealth Business Media, Everything Channel, PR Newswire, RISI, TechInsights, TechWeb and Think Services. UBM is listed on the London Stock Exchange (UBM.L) and has a market capitalization of $2.5 billion.

Press contact:
Jennifer Baker
+1 617 871-1910

jbaker@pyr.com

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