LexisNexis Group, the global legal and business information division of Reed Elsevier Group plc, announced today it will acquire FactLANE, an online news service for the Netherlands, from leading Dutch publisher PCM Uitgevers. FactLANE aggregates and distributes Dutch news online, carrying exclusive content from PCM including prestigious titles such as " NRC Handelsblad" and "de Volkskrant".

"The Dutch business information market offers excellent opportunities for LexisNexis and is a key component in our European expansion plans, and especially in the rapidly growing online segment," said Judy Vezmar, CEO LexisNexis Group Europe and Africa.

"FactLANE has been an extremely successful company and has managed to establish a leading position in the Dutch business information market. Its product range complements our current LexisNexis offering very well and added to our existing Business Intelligence operation, makes us the leader in online news and business in The Netherlands with some unique content."

Joep Witteveen, head of PCM Interactive Media, said, "We are very pleased to have found a partner in LexisNexis that is committed to continue to invest in and grow FactLANE. Together, LexisNexis and PCM have created a strong partnership to distribute PCM content to the corporate professional and government market."

He continued, "The LexisNexis online expertise, technology, and global content open exciting new opportunities for PCM's newspapers. This will be to the benefit of our customers and the value and distribution of our content."

LexisNexis is a global leader in comprehensive and authoritative legal, news and business information and tailored applications. Its online services combine searchable access to four billion documents from thousands of sources. A Reed Elsevier company [NYSE: ENL; NYSE: RUK], LexisNexis does business in 100 countries with 13,000 employees worldwide.

PCM Interactive Media is a PCM Uitgevers company. PCM Uitgevers is one of the largest publishers in the Dutch-language region with 3,600 employees and annual sales of around EUR 730 million. Its core activities are the production of daily newspapers, free newspapers, books, and educational publications. PCM Uitgevers publishes four of the five national daily titles (Algemeen Dagblad, NRC Handelsblad, de Volkskrant, Trouw).