CeBit America 2005 has been cancelled, because organizers have been unable to raise enough money from technology companies to hold the New York tradeshow, a spokesman said Tuesday. Without commitments from exhibitors, Hannover Fairs USA decided it was too risky to spend the money necessary to prepare for the show, which was to be held at the Jacob K. Javits Convention Center from June 28 to June 30, 2005. It would have been the shows third year.
Modeled after the huge CeBit tradeshow held annually in Hannover, Germany, CeBit America was to offer exhibitors separate locations focusing on technology for specific industries, such as financial services and telecommunications. Exhibitors, however, were unwilling to plunk down their money soon enough to make Hannover Fairs feel comfortable about spending the money to retain the convention center, service vendors and other show-related services.
News source: TechWeb