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INTERNET.COM CHAIRMAN AND CEO ALAN M. MECKLER TO PARTICIPATE IN SECOND QUARTER CHAT WITH STOCKHOLDERS ON YAHOO! FINANCE'S INTERNET.COM MESSAGE BOARD
Forum Gives Individual Stockholders the Ability to Ask Questions About Recent Earnings Report, Latest Developments and the Company's Long-Term StrategyNew York, NY - August 21, 2000 - internet.com Corporation (Nasdaq: INTM), the Internet Industry Portal, today announced that Chairman and CEO Alan M. Meckler will participate in a two-day-long chat with individual investors and others on the company's Yahoo! Finance message board (http://messages.yahoo.com/?action=q&board;=INTM ). The chat takes place this Wednesday and Thursday, August 23 and August 24. To participate, individuals just need to have access to the Internet and a free Yahoo! user ID.
For the third consecutive quarter, Meckler will personally answer questions about internet.com's previous quarter results, its recent product launches and overall strategy. Meckler will participate using the Yahoo! ID "net_pioneer."
On July 31 internet.com Corporation reported that second quarter revenues increased to $12.2 million and that net income, excluding amortization of intangibles and realized gain on investments, was $829,000, or $0.03 per share, compared to a net loss of $1.5 million, or $0.08 per share, for the same period last year. Including amortization of intangibles and realized gain on investments, net loss for the second quarter ended June 30, 2000 was $4.4 million, or $0.18 per share. Full details are posted at http://www.internet.com/corporate/releases/00.07.31-earning.html.
"It was another outstanding quarter for internet.com," said Meckler. "We continued to expand our world-class proprietary content, both through acquisitions and internal Web site development." I look forward to once again engaging in a meaningful dialogue with our investors to discuss these and other company developments."
Individuals wishing to ask questions during the forum with Alan Meckler should visit http://messages.yahoo.com/?action=q&board;=INTM and post messages using the subject "CEO Forum" followed by the subject of their query. Meckler will personally select from among the most interesting questions and post his responses online during the evening hours.
About internet.com (http://www.internet.com)
internet.com Corporation (Nasdaq: INTM), based in New York, NY, 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 129 Web sites, 215 e-mail newsletters, 136 online discussion forums and 79 moderated e-mail discussion lists with over 2.1 million unique visitors that generate more than 140 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 200 million per month. internet.com's global presence includes editions for Arabia, Asia, Australia, Belgium, Canada, China, Espanol, France, Germany, India, Israel, Japan, The Netherlands, New Zealand, South Africa, Spain, Taiwan and the United Kingdom. In addition, internet.com with its related internet.com Venture Fund I, II and Venture Partners III is an investor in a growing number of business-to-business content sites and related Internet media properties.
"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.
For more information contact:
Steve Rubel
Schwartz PR Interactive
(212) 677-8700 x23
[email protected]
Mary Ann Boland
internet.com Corporation
(212) 547-7939
[email protected]
All current internet.com Corp. press releases can be found on the World Wide Web at (http://www.internet.com/corporate/press.html)