JUPITERMEDIA ANNOUNCES ACQUISITION OF OVER 30,000 NEW IMAGES FOR ITS JUPITERIMAGES DIVISION
(New York, NY - July 20, 2004) -- Jupitermedia Corporation (Nasdaq: JUPM) today announced that it has acquired over 30,000 high resolution image assets from a variety of leading content providers in several recent transactions for its JupiterImages division (www.jupiterimages.com). Terms of these acquisitions were not disclosed.
"These acquisitions solidify our position as having one of the largest collections of wholly-owned digital images and various image brands on the Web," stated Alan M. Meckler, Chairman and CEO of Jupitermedia. "With over 30,000 new stock photo images, we'll be able to offer our customers even more exclusive imagery while being able to expand our OEM and other offline sales channels. Our JupiterImages customers will benefit greatly from this high quality content," added Meckler.
For licensing and OEM opportunities with JupiterImages, contact Andrew Watzenboeck at awatzenboeck@jupitermedia.com.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), (www.jupitermedia.com)
headquartered in Darien, CT, is a leading global provider of original information, images, research and events for information technology, business and creative professionals. JupiterWeb, the online division of Jupitermedia, operates four distinct online networks: internet.com and EarthWeb.com for IT and business professionals; DevX.com for developers; and ClickZ.com for interactive marketers. JupiterWeb properties include more than 150 Web sites and over 150 e-mail newsletters that are viewed by over 20 million users and generate over 300 million page views monthly. Jupitermedia also includes: JupiterImages, one of the leading images companies in the world with over 3.5 million images online serving creative professionals with products like Comstock Images, Photos.com and ClipArt.com; JupiterResearch, a leading international research advisory organization specializing in business and technology market research in 18 business areas and 14 vertical markets; and JupiterEvents, which produces offline conferences and trade shows focused on IT and business-specific topics, including Search Engine Strategies and Wi-Fi Planet.
"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 dependence on a limited number of advertisers; and Jupitermedia's ability to protect its intellectual property. 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 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 assumes no obligation to update the forward-looking statements after the date hereof.
