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INTERNET.COM VENTURE FUND II PORTFOLIO COMPANIES PARTNER TO PROVIDE ONLINE EXAM PREPARATION FOR THE LEGAL INDUSTRY
(New York, NY-February 29, 2000)--internet.com Venture Fund II portfolio companies, Lawbooks.com (http://www.lawbooks.com) and ExamWeb, today announced a strategic alliance designed to provide ExamWeb law-related prep courses to LawBooks.com visitors. Courses will be sold via the LawBooks.com Web site and delivered by ExamWeb as part of the co-marketing agreement. internet.com Venture Fund II is part of the affiliated venture capital arm of internet.com Corporation (Nasdaq: INTM).
The relationship will strengthen LawBooks.com's brand as the premier community and e-commerce Web site for legal professionals and will enable ExamWeb to reach a highly targeted legal audience. The relationship permits both companies to increase traffic and generate additional revenue. ExamWeb courses to be provided will include the California Bar, the Multistate Bar (MBE), the LSAT and the Patent Bar.
"This partnership clearly demonstrates how internet.com Venture Fund I and Fund II member companies can combine synergies to increase visibility, generate revenue and establish greater efficiencies," said internet.com chairman and CEO Alan M. Meckler. "We encourage our portfolio companies to capitalize on these opportunities as they become available and this is only the beginning of the many possibilities."
internet.com Venture Fund I and II have invested in 27 Internet properties to date. Both funds were formed to invest in early-stage online content providers serving targeted markets that follow the strategy of, but are not competitive to, internet.com. internet.com is the portfolio manager of internet.com Venture Fund I and II and is an investor in both funds. internet.com continues to hold the added benefit of being a public operating company in the Internet space that also extends value to its stockholders by having an Internet venture capital arm. For further information about internet.com Venture Capital Funds visit (http://www.internet.comvc.com).
About ExamWeb
ExamWeb is an Internet-based education company offering exam preparation and continuing education courses via online interactive software. ExamWeb prepares candidates for the LSAT, CFA, the Real Estate Exam, the MBE, The California Bar and the Patent Bar, among others.
About LawBooks.com
LawBooks.com seeks to become the first Web site to offer a one-stop resource for all law-related e-commerce needs for professionals within the legal industry as well as consumers of legal services. The site provides law books and other legal information products through a combination of top-quality content and cost-effective e-commerce options.
About internet.com (http://www.internet.com)
internet.com Corporation (Nasdaq: INTM), based in New York, New York, is a leading provider of global real-time news and information resources for Internet industry and Internet technology professionals, Web developers and experienced Internet users. internet.com operates a network of 100 Web sites, 75 e-mail newsletters, 101 online discussion forums and 75 moderated e-mail discussion lists with over 2.2 million unique visitors that generate more than 110 million page views monthly. Total "views", which include Web site page views, e-mail newsletter views and e-mail discussion list views, are now over 170 million per month. internet.com's global presence includes editions in Arabia, Asia, Australia, Canada, China, France, Germany, Israel, Japan, South Africa and the United Kingdom. In addition, internet.com with its related internet.com Venture Fund I and Venture Fund II is an investor in a growing number of business-to-business content sites and related Internet media properties.
Interested advertisers should contact the Ad Sales department at [email protected] or (203) 662-2962. For e-commerce and licensing opportunities, contact David Arganbright, Vice President, Commerce and Licensing, at [email protected] or (203) 662-2858.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding internet.com Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see internet.com'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 internet.com assumes no obligation to update the forward looking statements after the date hereof.
Steve Rubel
Schwartz Public Relations
(212) 677-8700 x23
[email protected]
Nicole Catalano
internet.com Corporation
(212) 547-7939
[email protected]
internet.com Corporation press releases can be found on the World Wide Web at (http://www.internet.com/corporate/press.html).