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INTERNET.COM REPORTS INCREASED CASH EARNINGS AND RECORD REVENUES FOR THE QUARTER ENDED SEPTEMBER 30, 2000; REVENUES INCREASE BY 258%

(New York, NY -October 30, 2000) -- internet.com Corporation (Nasdaq: INTM), the Internet Industry Portal, today reported record results for the quarter ended September 30, 2000. Revenues for the third quarter of 2000 increased to $14.7 million, a 258% increase over revenues of $4.1 million for the same period last year. Net income for the third quarter, excluding amortization of intangibles and realized loss on investments, was $1.1 million, or $0.04 per share, compared to a net loss of $910,000, or $0.04 per share, for the same period last year. Reflected in net income is a $409,000 benefit from the adoption of EITF 00-2: "Accounting for Web Site Development Costs", partially offset by $390,000 in equity losses on venture fund investments that were recorded during the third quarter. Including amortization of intangibles and realized loss on investments, net loss for the third quarter ended September 30, 2000 was $5.8 million, or $0.23 per share.

"We are pleased with our continued growth, both in top-line revenues and in bottom-line cash earnings. Our diversified revenue streams--advertising, e-commerce, opt-in e-mail list rentals, seminars, paid subscriptions, press release services, licensing and venture capital--have all contributed to these outstanding results," stated internet.com Chairman and CEO Alan M. Meckler. "Through a successful combination of acquisitions, organic growth, partnerships and joint ventures, internet.com has built a leading, global network of vertical business-to-business (B2B) Web sites and related Internet media properties. Over 3.0 million Internet professionals worldwide now depend on our content, community, and commerce services for news and information resources to assist them in their professional work and purchasing decisions. Our treasury, with over $67 million in cash as of September 30, 2000, coupled with our cash flow positive operating model, leaves us well positioned to capitalize on market opportunities to continue our growth and to maximize shareholder value," added Meckler.

Acquisitions
internet.com continued to pursue strategic acquisitions to strengthen its content offerings and services. During the third quarter, internet.com acquired the ClickZ Network of Web sites (http:/www.clickz.com) and related Internet advertising and marketing properties and the ClickZ conferences. The consideration for this acquisition totaled approximately $16.0 million through a combination of $10.0 million in cash and approximately $6.0 million in restricted common stock, with additional cash and restricted common stock consideration to be paid based on, and subject to, future performance. ClickZ.com, with a staff of over 25 employees and freelancers, has built a solid reputation throughout the industry and the world as a leading resource for news and analysis about the online marketing and advertising industries. The ClickZ Network is an ideal fit with internet.com's other Internet marketing resources, including ChannelSeven.com, AdResource.com and the Internet Advertising Report.

In October, internet.com also announced the acquisition of PracticallyNetworked.com, a leading site for information for small network builders.

New Content Areas and Services
During the third quarter, internet.com continued to expand and strengthen its world-class proprietary content offerings and services with the launch of the following internally developed sites:

• AllLinuxDevices.com (The Ultimate Resource for Embedded Linux Information)
• ASP.thelist.com (The Definitive ASP Buyer's Guide)
• ASP-Lists.com (The ASP E-mail Discussion List Community)
• ConsoleWire.com (the online resource for next-generation Internet-enabled consoles and the technology that drives them)
• EnterpriseLinuxToday.com (designed for professionals interested in Linux in the enterprise-combines news, contributions from industry leaders and case studies)
• InternetCareerResources.com (for the Internet job seeker or established dotcommer who wants information on how to find, apply for, get and succeed at a dotcom job)
• InternetPRGuide.com (offers public relations tips and strategy for Internet professionals on PR topics such as press release writing, distribution and trade shows)
• MutualFundsCentral.com (provides timely intelligence for mutual fund investors)

E-Commerce Agreements, Licensing and Alliances
internet.com continued to expand its e-commerce relationships, adding new agreements with many of the Internet's well-known brands. Additional partners added during the third quarter included: Acadio.com, Ankura.com, Business eTouch, CareerEngine Solutions, eJigsaw.com, ePay4itOnline.com, Everyone.net, GoTo.com, iAnswers.com, InsightExpress.com, Newmediary.com, PENgroup.com, SpotOn.com, TeamOn.com, TellSoft.com, The PDA Group, UpTilt.com and Web2Mobile.com. internet.com works with its commerce partners to increase their traffic, generate additional revenue and support their brands. Also announced were licensing deals with MercerPartners.com, NeedBandwidth.com, AudioBasket.com and Espial.com.

In July, internet.com and Penton Media jointly announced that the companies have extended their cooperative services alliance through November 2003. The two companies had a prior promotional alliance as part of the November 1998 purchase of Mecklermedia by Penton Media and the subsequent spin-off of internet.com. Under the terms of the alliance, both companies will continue to receive, without cost, valuable promotion through each other's global business-to-business media properties.

International Expansion
We continued to expand our strong global presence with the development of English and non-English language Internet media properties. During the quarter, internet.com launched "ISPWatch.com.au," Australia's first Internet news Web site specifically targeted at Australia's fast-growing Internet service provider industry. ISPWatch.com.au will give ISPs and ASPs an important new weapon in the race to stay abreast of developments in the highly dynamic market in which they compete. internet.com further expanded its international reach by launching editions in Hong Kong, Italy, Korea, Singapore and Turkey.

internet.com's global network of Web Sites now consists of 22 international properties for Arabia, Asia, Australia, Belgium, Canada, China, Espa�ol, France, Germany, Hong Kong, India, Israel, Italy, Japan, Korea, The Netherlands, New Zealand, Singapore, South Africa, Taiwan, Turkey and the United Kingdom. Each international property delivers Internet industry content and coverage in the primary local language by "on the ground" local journalists in their respective regions, as well as relevant content from the North American edition. Each property follows internet.com's vertical channel approach, with content-specific channels covering the entire Internet industry.

Seminars and InternetBreakfastForums
internet.com runs paid seminars on Internet-specific topics that are aligned with certain of our Web sites. internet.com offered six paid seminars in the third quarter, each focusing on a different issue pertaining to the Internet industry; seminar topics included Wireless Internet Devices, Affiliate Solutions, Web Development, B2B E-mail Strategies (a ClickZ conference), Search Engine Strategies and Bot Technology.

During the third quarter, internet.com also launched InternetBreakfastForums dealing with Internet industry and venture capital topics in each of the cities in which it has news bureaus in the United States, as well as overseas where internet.com has international editions. Each of these InternetBreakfastForums will be held at least monthly. All internet.com InternetBreakfastForums are free to Internet industry professionals and the press. Revenues are generated from sponsorships and table top exhibitions. "As the Internet Industry Portal, internet.com has become the center of Internet industry information online," stated Meckler. "Now we will be the leaders in the offline seminar area for the Internet industry as well and we will do this by using the power of our network of worldwide Web sites to promote these events in an efficient manner," added Meckler.

Venture Fund Investments
internet.com Corporation is the portfolio manager of internet.com Venture Fund I LLC (April '99), internet.com Venture Fund II LLC (November '99) and internet.com Venture Partners III (June '00), which have invested in 47 Internet properties to date. During the third quarter, internet.com Venture Partners III continued to expand its portfolio with the following investments: AskIt.com, Backwire.com, BuildCentral.com, IndustrySmarts.com, PlanetRice.net, Recommend-It.com and Validea.com. Also during the third quarter, a number of internet.com Venture Fund portfolio companies secured additional rounds of funding at increased valuations. CreativePlanet.com announced $38 million of additional funding in a round led by TMCT Ventures and Tutor.com secured an additional round of funding from Wit SoundView Ventures, The Princeton Review and Northstar Capital Partners. Other portfolio activity involved the acquisition of FoodService.com by Foodbuy.com in a stock for stock transaction.

internet.com Venture Funds I and II and internet.com Venture Partners III were formed to invest in early-stage online content providers serving targeted business-to-business markets that follow the strategy of, but are not competitive with, internet.com. internet.com is an investor in all three funds. internet.com continues to hold the added benefit of being a public company operating in the Internet space that also extends value to its stockholders by having an Internet venture capital arm.

Metrics

• September 2000 page views were 170 million
• September 2000 total views were 230 million (includes Web site page views, e-mail newsletter views and e-mail discussion list views)
• There were 4.0 million e-mail newsletter subscribers as of September 30, 2000
• There were 4.4 million total opt-in subscribers as of September 30, 2000
• There were 480,000 unique opt-in subscribers as of September 30, 2000
• September 2000 unique users were nearly 3.0 million in the United States alone
• There were 250 new advertisers during the third quarter
• There were 370 employees as of September 30, 2000

Future Expectations

	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001
Revenues ($M)	$15.5-16.5	$16.5-17.5	$18.0-19.0	$20.0-21.0	$23.0-24.0
Cost of revenues	42-43%	42-43%	41-42%	39-41%	37-39%
Adv., promo. & selling	32-33%	32-33%	31-32%	29-31%	27-30%
General & admin.	17-18%	17-18%	16-17%	14-16%	12-14%
Depreciation ($M)	$0.6	$0.7	$0.7	$0.8	$0.8
Amortization ($M)	$9.0	$9.5	$10.0	$10.2	$9.9
Share Count (M)	26.2	26.3	26.4	26.5	26.6

About internet.com
internet.com Corporation (http://www.internet.com), the Internet Industry Portal, is headquartered in Darien, CT. It 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 144 Web sites, 265 e-mail newsletters, 136 online discussion forums and over 100 moderated e-mail discussion lists that generate over 170 million page views monthly. Total "views," which include Web site page views, e-mail newsletter views and e-mail discussion list views, are over 230 million per month. According to NetRatings, internet.com has nearly 3 million unique users in the United States alone. Over 25% of internet.com's views are from outside of the U.S. internet.com's global presence includes editions for Arabia, Asia, Australia, Belgium, Canada, China, Espanol, France, Germany, Hong Kong, India, Israel, Italy, Korea, Japan, The Netherlands, New Zealand, Singapore, South Africa, Taiwan, Turkey and the United Kingdom. internet.com, with its related internet.com Venture Funds I, II and III, is an investor in a growing number of business-to-business content sites and related Internet media properties.

internet.com Q 3 '00 Conference Call Alert
Alan M. Meckler, Chairman and CEO, Christopher S. Cardell, President and COO, and Christopher J. Baudouin, CFO of internet.com, invite you to participate in a conference call reviewing 2000 third quarter results Monday, October 30 at 5:30 pm EST. The conference call number is 1-888-826-9557 for domestic participants and 1-415-228-4580 for international participants; pass code: 3rd Quarter. Please call five minutes in advance to ensure that you are connected prior to the presentation. Instant replay will be available for two weeks subsequent to the call. Replay call numbers are 1-800-688-2189 for domestic participants and 1-402-998-0557 for international participants.

"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 which 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 internet.com competes; the unpredictability of internet.com's future revenues (including those resulting from online advertising on internet.com's network of Web sites and related internet media properties), expenses, cash flows and stock price; internet.com's investments in international and venture fund investments; any material change in internet.com's intellectual property rights and continued growth and acceptance of the Internet. For a more detailed discussion of such risks and uncertainties, refer to 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.

internet.com Corporation