Pantheon Systems Acquired by Cohn Family

Plans to expand media and technology services for Australian Promotional Products Distributors and Suppliers

Pantheon Systems Acquired by Cohn Family

Plans to expand media and technology services for Australian

Promotional Products Distributors and Suppliers

Chittaway Point, NSW – 10 December 2012 – Pantheon Systems, the premiere technology service provider for the Australian and New Zealand promotional products community, announced today that it was acquired by Cohn Family Ventures Pty Ltd (CFV).

Introduced in 1997, Pantheon Systems currently offers: Xebra, the only business management software designed exclusively for the Australasian promotional and print distributor marketplace; XebraSource, the industry’s online product search and quoting system; myPromoSource, industry-specific websites for distributors; plus Rocketseed and Rocketmailer, lead generation email services for distributors and suppliers.

The founder and director of Pantheon Systems, Jim McLaren, along with his wife Lesley McLaren, will continue to work with the new organization from their offices north of Sydney. “We are pleased to be part of a genuinely exciting venture that is investing significant  resources to deliver the world’s best technology to the industry.”

CFV’s Directors include Matthew Cohn, who is also Vice Chairman of the Advertising Specialty Institute (ASI), based in the United States, along with three of his siblings, Debra Cohn, Kimberli Cohn Bailey, and Stephanie Cohn Schaeffer. ASI is the world’s largest media and marketing organization serving the advertising specialty industry with over 25,000 members in over 60 countries.

“Our family is very excited to be joining the Australasian promotional products and print distributor community,” said Matthew Cohn. Debra Cohn added, “Our connection with Australia is long standing. Our mother grew up in Melbourne, and I spent my childhood there. We have wanted to invest in Australia for some time and are thrilled to have the opportunity to work with Jim and Lesley to help grow Pantheon.” Matthew continued, “We see a healthy and vibrant marketplace with significant potential to expand. Our family is committed to making sure that every distributor and supplier in Australasia has access to the world's best tools, technology, information, and resources and we look forward to introducing groundbreaking services that will enhance our clients' growth and profitability. The future of Pantheon is an exciting one, and we are pleased to be working with Jim, Lesley, and the rest of the Pantheon team."

Matthew Barnes, former executive at North American Publishing Company, is joining the Pantheon executive team. He will oversee the business expansion and is bringing 15 years of additional industry experience in information publishing to the Pantheon team. The business will trade as Pantheon Systems and current customers will continue to receive the same services without interruption.