Waltham, MA 18 Sep 2008 – Global Insight, the world's leading company for economic and financial analysis and forecasting, announced today that it had executed a definitive agreement to be acquired by IHS Inc. IHS (NYSE:IHS), headquartered in Englewood, CO, is a leading global source of critical information and insight, supplying information on energy, the environment, security, and product lifecycles. The acquisition is subject to customary closing conditions, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

IHS will build an integrated research and operations capability, leveraging the resources of Global Insight and the company's other Insight brands and resources, which include Cambridge Energy Research Associates (CERA), Jane's Information Group, and IHS Herold. The combination will benefit clients across the company's four Information Domains (Energy, Product Lifecycle, Environment, and Security) and allow IHS to fully leverage its resources to expand the company's geographic scope and add even more value to its Insight product offerings.

"Global Insight and IHS share a common commitment to excellence in providing critical information, expert analyses, and insight to our clients around the world," stated Dr. Joseph E. Kasputys, Global Insight chairman, president, and chief executive officer. "With the growing impact of globalization driving the need for comprehensive and reliable information and forecasts, the transformation of expert analysis of markets, industry trends, and strategies into actionable intelligence is critical to the success of every business."

Jerre Stead, IHS chairman and CEO, stated, "The acquisition of Global Insight provides IHS the opportunity to significantly enhance the value of our products and services by adding critical economic-focused offerings to the full range of information and insight IHS already offers." Stead added, "The combination of IHS and Global Insight puts IHS at the very center of today's most critical business decisions and establishes economic forecasting and market outlook as a core competency of IHS."

Scott Key, IHS senior vice president, and currently serving as president and chief operating officer of Jane's Information Group, will relocate to Waltham, MA, and become president and COO of Global Insight upon closing of the acquisition and the end of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

Dr. Kasputys will become chairman emeritus of Global Insight and will join IHS as chairman of the company's newly formed Insight Advisory Board, which will provide counsel to IHS leadership on the best ways to leverage the vast array of resources of the combined companies to deliver the greatest value for clients.

About IHS (www.ihs.com)
IHS (NYSE: IHS) is a leading global source of critical information and insight, dedicated to providing the most complete and trusted data and expertise. IHS product and service solutions span four areas of information that encompass the most important concerns facing global business today: Energy, Product Lifecycle, Security, and Environment. By focusing on customers first, IHS enables innovative and successful decision-making for customers ranging from governments and multinational companies, to smaller companies and technical professionals in more than 180 countries. IHS has been in business since 1959 and employs approximately 3,000 people in 20 countries.

IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2008 IHS Inc. All rights reserved.

About Global Insight
Global Insight, Inc. (http://www.globalinsight.com/) is a privately held company that brought together the two most-respected economic information companies in the world, DRI and WEFA. Global Insight provides the most-comprehensive economic and financial information available on countries, regions, and industries, using a unique combination of expertise, models, data, and software within a common analytical framework to support planning and decision making. Through the world's first same-day analysis and risk assessment service, Global Insight provides immediate insightful analysis of market conditions and key events around the world, covering economic, political, and operational factors. The company has over 3,800 clients in industry, finance, and government with revenues in excess of $105 million, over 675 employees and 25 offices in 14 countries covering North and South America, Europe, Africa, the Middle East, and Asia.