Economist Peter Morici to Speak at Travel & Meetings Summit

Morici to Provide Economic Overview, Expectations and Reflect on Current Recession

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. December 11, 2008

ALEXANDRIA, VA / TEMPE, AZ, December 11, 2008. - The National Business Travel Association (NBTA), the Institute for Supply ManagementTM (ISM), and ProMedia.travel LLC, today announced that Dr. Peter Morici, Ph.D., Professor with the Robert H. Smith School of Business at the University of Maryland, will address attendees at the inaugural ISM and NBTA Summit on Travel & Meetings: Supply Management's Critical Role. The Summit will be held January 27-28, at the Westin Charlotte, in Charlotte, North Carolina. As the United States starts a new year officially in a recession, Morici will provide an overview of the current global economic crisis and what businesses and individuals can expect in the coming year and beyond.

Professor Morici is a recognized expert on economic policy and international economics, having served as director of the Office of Economics at the U.S. International Trade Commission prior to becoming a professor at the University of Maryland. He has authored 18 books and monographs, participated in three NBTA TV episodes, and is frequently featured on national broadcast networks around the world. Morici has most recently testified before Congress on the auto industry bailout.

"NBTA is proud to welcome Dr. Morici as a featured speaker at the first-ever NBTA event to focus on supply management in travel and meetings," said Kevin Maguire, CCTE, GLP, NBTA President & CEO. "Having worked with Dr. Morici recently as the global economy began to slow, we are confident he will provide the insights necessary to successfully navigate an uncertain upcoming year."

The ISM and NBTA Summit on Travel & Meetings is specifically intended for experienced professionals with oversight responsibilities for business travel and meeting spend within supply management operations. This two-day event will address the challenges of managing travel and meetings in today's challenging economy and will offer insights and solutions from leading industry professionals.

Complete agenda, registration information, hotel information, sponsorship opportunities and a video preview of Peter Morici's topic are available online at www.ism-nbta.org.