Wolters Kluwer Expands Its Partnership with Chinese Publishing Industry

4/20/2012, 5:30 PM (Source: GlobeNewswire)
Delegation of Chinese publishing executives visits Wolters Kluwer headquarters
in the Netherlands

Alphen aan den Rijn (April 20, 2012) - Wolters Kluwer, a market-leading global
information services company focused on professionals, today welcomed a Chinese
delegation with representatives of some of the most prominent institutions in
Chinese publishing. CEO Nancy McKinstry met with Mr. Tan Yue, President of China
Publishing Group Corporation (CPGC), Mr. Yu, President of Commercial Press, and
other executives to discuss their shared vision and perspective on the growth of
the Chinese market and customers' needs.

Earlier this week, Wolters Kluwer signed a strategic alliance with CPGC at the
London Book Fair. According to the agreement, Wolters Kluwer will bring a wealth
of professional content to China, providing the Chinese professional community
with world-class expert information and digital workflow solutions. CPGC can
export and publish Chinese content through Wolters Kluwer's established global
network. The two parties will also expand cooperation in digital product sales.

CEO Nancy McKinstry addressed the delegation, "The growth and progress of the
Chinese publishing industry is significant and something to be proud of. We are
very pleased with our strong relationships that we have built with you and your
colleagues over the past few years. The signing of the strategic alliance
earlier this week with our team in the U.K. is an important step to strengthen
our relationships and show that we have a mutual interest."

Last September at the Beijing International Book Fair Wolters Kluwer signed a
similar agreement with CPGC's subsidiary, the Commercial Press, to present its
publications to the international market through Wolters Kluwer. Meanwhile, the
Commercial Press has started to introduce a series of Wolters Kluwer
publications in translation to Chinese readers.

Also at the 2011 Beijing Book Fair, Nancy McKinstry was appointed by the Chinese
State Council Information Office to become a member of the Foreign Consultant
Committee. This influential Committee aims to promote the collaboration between
local and global publishers to link China with the rest of the world.

About China Publishing Group Corporation
China Publishing Group Corporation is a national publishing and distribution
institution, consisting of 96 wholly-owned and holding companies. It has more
than 9,000 employees, total assets of 9.6 billion RMB, and annual sales revenue
of 5.6 billion RMB. It produces over 10,000 types of books, electronic and
audio-visual publications, and more than 50 newspapers and periodicals annually,
holding a top position in the Chinese market. CPGC has 29 overseas branches with
business in more than 130 counties.

About Wolters Kluwer
Wolters Kluwer is a market-leading global information services company.
Professionals in the areas of legal, business, tax, accounting, finance, audit,
risk, compliance, and healthcare rely on Wolters Kluwer's leading information-
enabled tools and software solutions to manage their business efficiently,
deliver results to their clients, and succeed in an ever more dynamic world.

Wolters Kluwer had 2011 annual revenues of €3.4 billion, employs approximately
19,000 people worldwide, and maintains operations across Europe, North America,
Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan
den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and
are included in the AEX and Euronext 100 indices.

Visit our website, YouTube, follow @Wolters_Kluwer on Twitter, or look up
Wolters Kluwer on Facebook for more information about our customers, market
positions, brands, and organization.

Forward-looking Statements
This press release contains forward-looking statements. These statements may be
identified by words such as "expect", "should", "could", "shall", and similar
expressions. Wolters Kluwer cautions that such forward-looking statements are
qualified by certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the forward-looking
statements. Factors which could cause actual results to differ from these
forward-looking statements may include, without limitation, general economic
conditions; conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological developments;
the implementation and execution of new ICT systems or outsourcing; and legal,
tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as
risks related to mergers, acquisitions, and divestments. In addition, financial
risks such as currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of factors
should not be construed as exhaustive.
Wolters Kluwer disclaims any intention or obligation to publicly update or
revise any forward-looking statements, whether as a result of new information,
future events, or otherwise.

Contact: Media Investors/Analysts
Caroline Wouters Jon Teppo
+ 31 (0)172 641 459 +31 (0)172 641 407
press@wolterskluwer.com   ir@wolterskluwer.com






PDF version of Press Release:
http://hugin.info/130682/R/1604624/507795.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Wolters Kluwer NV via Thomson Reuters ONE
[HUG#1604624]
Copyright GlobeNewswire, Inc. 2016. All rights reserved.
You can register yourself on the website to receive press releases directly via e-mail to your own e-mail account.