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JUPITERMEDIA ANNOUNCES ACQUISITION OF INSIDE ID TRADE SHOW AND WEB SITE COVERING EMERGING IDENTITY MANAGEMENT INDUSTRY(New York, NY - March 31, 2004) - Jupitermedia Corporation (Nasdaq: JUPM), today announced the acquisition of the Inside ID Conferences & Expos (www.insideid.com), industry-leading events focused on the rapidly evolving areas of identity management and identification technologies. Noted industry expert Benjamin Miller, who founded the Inside ID events and Web site, will continue as conference chair of the events. Terms of the acquisition were not disclosed."We are pleased to add the Inside ID Conference & Expo to our rapidly growing events division," stated Alan M. Meckler, Chairman and CEO of Jupitermedia. "Identity management and ID technology are high growth topics for business and government and, with this acquisition, we believe that we now own one of the more important trade shows in the field. We plan to increase the number of Inside ID events in North America and around the world, and will use the Inside ID brand to increase our online editorial presence in the security field," added Meckler. "The evolution of the networked society presents a staggering challenge for organizations of all types to know who they are dealing with, whether it is across the counter or across cyberspace," stated Inside ID conference chair Ben Miller. "The Inside ID events strive to help define this emerging discipline of identity management through world-class educational programs and solutions-oriented exhibitions. Being part of Jupitermedia and having access to its vast resources and expertise is very exciting and will immediately extend our reach and allow us to build upon our vision," added Miller. Inside ID covers some of the most pressing challenges of our uncertain world including: digital identity, homeland security, identity theft and financial transaction fraud. The events and Web site provide forums for interaction among diverse constituencies dealing with sensitive issues including privacy, cross-credentialing, and federated identification, as well as solution-enabling technologies such public key cryptography (PKI), biometrics, RFID and smart cards. The next Inside ID Conference & Expo will be held November 15-17, 2004 at the Washington D.C. Convention Center in Washington, D.C. In 2005, Jupitermedia will produce a Spring event in June in San Jose, CA, in addition to the annual Fall event in Washington D.C. More information on Inside ID Conferences & Expos is available at www.insideid.com. Those interested in sponsorship opportunities should contact Tim Walsh at twalsh@jupitermeda.com or (203) 662-2838.
About Jupitermedia Corporation "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 Corporation competes; the unpredictability of Jupitermedia Corporation's future revenues, expenses, cash flows and stock price; Jupitermedia Corporation's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia Corporation's international and venture fund investments; any material change in Jupitermedia Corporation's intellectual property rights and continued growth and acceptance of information technology and the Internet. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia Corporation's reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and Jupitermedia Corporation assumes no obligation to update the forward-looking statements after the date hereof. CONTACT:
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