JUPITERMEDIA ACQUIRES USER-GENERATED CONTENT WEB SITES ADSOFTHEWORLD.COM AND CREATIVEBITS.ORG FOR CREATIVE PROFESSIONALS
(New York, NY - June 6, 2007) - Jupitermedia Corporation (Nasdaq: JUPM) today announced that it has acquired the assets of AdsOfTheWorld.com (www.adsoftheworld.com) and CreativeBits.org (www.creativebits.org). Both Web sites provide user-generated content for the creative and design communities and have a robust following with over 1.0 million unique monthly visitors combined. These sites will be part of Jupitermedia's Graphics.com network. Terms of the transaction were not disclosed.
AdsOfTheWorld.com is an advertising archive and community site that showcases the best and most interesting advertising worldwide. The site functions as a meeting place for creative professionals to see what their colleagues are up to and to inspire new ideas. Community-related features include a forum section as well as a blog. Membership is free and provides access to site features not available for non-registered guests.
Creativebits.org is a professional blog and community site for graphic designers working on Mac OS X. Its objective is to provide graphic designers a professional forum where they can share tips and tricks, follow up on industry events and ask for help and critique from fellow members.
"We're very excited to be adding these two rapidly growing creative community-driven sites to our Graphics.com network. A key driver to commercial success of any online business is having direct access to the related professional communities," stated Alan M Meckler, Chairman and CEO of Jupitermedia Corporation. "In addition to strengthening Graphics.com's advertising offerings, this acquisition provides us with the opportunity to cross-promote our Jupiterimages offerings, which include digital images, music, footage, flash, fonts, animations and illustrations, to a community of over 1.0 million creative professionals," added Meckler.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM) (www.jupitermedia.com), headquartered in Darien, CT, is a leading global provider of images, original information and events for information technology, business and creative professionals. Jupitermedia includes Jupiterimages, one of the leading images companies in the world with over 7.0 million images online serving creative professionals with brands like BananaStock, Workbook Stock, Brand X Pictures, FoodPix, Botanica, Nonstock, The Beauty Archive, IFA Bilderteam, Comstock Images, Creatas Images, PictureQuest, Liquid Library, Thinkstock Images, Thinkstock Footage, Bigshot Media, Goodshoot, ITStockFree, Stock Image, Pixland, Photos.com, Ablestock.com, PhotoObjects.net, Clipart.com, FlashFoundry.com, JupiterGreetings.com, AnimationFactory.com, RoyaltyFreeMusic.com, StudioCutz.com and Stockxpert.com. The media segment of Jupitermedia consists of four distinct online networks: internet.com and EarthWeb.com for IT and business professionals; DevX.com for developers; and Graphics.com for creative professionals. These networks include more than 150 Web sites and over 150 e-mail newsletters that are viewed by over 20 million users and generate over 400 million page views monthly. In addition, the media segment includes internet.com events, which produces offline conferences and trade shows focused on IT and business-specific topics including ISPCON, Web Video Summit, Semantic Web Strategies and Digital Rights Management Strategies.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release which are not historical facts are "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The potential risks and uncertainties address a variety of subjects including, for example, the competitive environment in which Jupitermedia competes; the unpredictability of Jupitermedia's future revenues, expenses, cash flows and stock price; Jupitermedia's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia's ability to protect its intellectual property; and Jupitermedia's dependence on a limited number of advertisers. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia's reports filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and Jupitermedia assumes no obligation to update the forward-looking statements after the date hereof.
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