Forecast Technology Group Launches First `Innovation Discovery Lab'

Conference Training Product Highlights an Organization's Expertise

While Offering New Revenue Potential



Jan 21, 2003, 00:00 ET from Forecast Technology Group, Inc.

    PITTSBURGH, Jan. 21 /PRNewswire/ -- Forecast Technology Group, Inc., a
 conference strategy company specializing in the development and marketing of
 scientific and technical conferences announced that the Product Development
 and Management Association (PDMA), a national non-profit membership
 organization of corporate practitioners and academics, was the first group to
 offer an Innovation Discovery Lab (IDL)(SM) during PDMA's 2002 International
 Conference last fall in Orlando, Florida.  Forecast's Innovation Discovery
 Lab(SM) is a series of specialized educational conferences designed to
 highlight an organization's expertise in a variety of areas.
     According to Anita Caufield, President of Forecast, "The IDL concept helps
 associations and other groups showcase their technical talent by providing key
 members and high profile experts a highly interactive specialty conference
 model.  It also provides a unique model for cost and revenue sharing via the
 company's use of strategic outsourcing management.  Forecast utilizes a team
 of technical, marketing and administrative experts to provide the direction
 and operational support for the IDL.  We work together with the organization's
 staff and volunteers to determine topical areas, then research and design an
 educational agenda.  We take it one step further and market the program, as
 well as manage speaker relations for the organization, always targeting ROI."
     Forecast created the Innovation Discovery Lab(SM) product to expand into
 independent conference production, while continuing to provide its consulting
 services to professional associations, universities and businesses.  Forecast
 will host its first biotechnology conference later in 2003.  For more
 information on Forecast and the opportunity to partner on an Innovation
 Discovery Lab(SM), please visit www.conferencestrategists.com.
 
     Forecast Technology Group, Inc., PO Box 1714, Beaver Falls, PA  15010
             Phone: (724) 847-9921 / www.conferencestrategists.com
 
 

SOURCE Forecast Technology Group, Inc.
    PITTSBURGH, Jan. 21 /PRNewswire/ -- Forecast Technology Group, Inc., a
 conference strategy company specializing in the development and marketing of
 scientific and technical conferences announced that the Product Development
 and Management Association (PDMA), a national non-profit membership
 organization of corporate practitioners and academics, was the first group to
 offer an Innovation Discovery Lab (IDL)(SM) during PDMA's 2002 International
 Conference last fall in Orlando, Florida.  Forecast's Innovation Discovery
 Lab(SM) is a series of specialized educational conferences designed to
 highlight an organization's expertise in a variety of areas.
     According to Anita Caufield, President of Forecast, "The IDL concept helps
 associations and other groups showcase their technical talent by providing key
 members and high profile experts a highly interactive specialty conference
 model.  It also provides a unique model for cost and revenue sharing via the
 company's use of strategic outsourcing management.  Forecast utilizes a team
 of technical, marketing and administrative experts to provide the direction
 and operational support for the IDL.  We work together with the organization's
 staff and volunteers to determine topical areas, then research and design an
 educational agenda.  We take it one step further and market the program, as
 well as manage speaker relations for the organization, always targeting ROI."
     Forecast created the Innovation Discovery Lab(SM) product to expand into
 independent conference production, while continuing to provide its consulting
 services to professional associations, universities and businesses.  Forecast
 will host its first biotechnology conference later in 2003.  For more
 information on Forecast and the opportunity to partner on an Innovation
 Discovery Lab(SM), please visit www.conferencestrategists.com.
 
     Forecast Technology Group, Inc., PO Box 1714, Beaver Falls, PA  15010
             Phone: (724) 847-9921 / www.conferencestrategists.com
 
 SOURCE  Forecast Technology Group, Inc.