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JUPITERMEDIA AND ITS CHAIRMAN AND CEO ALAN MECKLER PURCHASE COMPANY SHARES
(New York, NY - September 25, 2002) -- Jupitermedia Corporation (Nasdaq: JUPM) (formerly INT Media Group, Inc.) today announced that Alan M. Meckler, Chairman and CEO, and accounts that he controls, purchased a total of 72,000 shares of Jupitermedia common stock at $1.60 per share on September 24, 2002. Meckler has announced that he will continue to make purchases of company stock for his own account and the accounts of various trusts and foundations that he controls. The Company further added that the purchases are in keeping with Meckler's previous purchases since the Company's IPO in June of 1999.In addition, Jupitermedia announced that it purchased 65,000 shares of Jupitermedia common stock at $1.60 per share on September 24, 2002, as part of its previously announced stock repurchase program. In October 2001, Jupitermedia announced its intention to, from time to time, purchase up to $1,000,000 in the aggregate of the Company's outstanding common stock; depending on market conditions and other factors, these purchases may be commenced or suspended at any time or from time-to-time without prior notice.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), (www.jupitermedia.com) headquartered in Darien, CT, is a leading provider of global real-time news, information, research and media resources for information technology and Internet industry professionals. Jupitermedia includes the internet.com and EarthWeb.com Network of over 150 Web sites and 200 e-mail newsletters that generate over 200 million page views monthly. Jupitermedia also includes Jupiter Research, a leading international research advisory organization specializing in business and technology market research in 17 business areas and 9 vertical markets. In addition, Jupiter Events include nearly 40 offline conferences and trade shows focused on IT and business-specific topics.
"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 investments in international and venture fund investments; any material change in Jupitermedia Corporation's intellectual property rights and continued growth and acceptance of the Internet and information technology. 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.
For information contact:
Jupitermedia Corporation (formerly INT Media Group, Inc.)
Mary Ann Boland
Marketing and Public Relations Associate
212-547-7939
[email protected]
All current Jupiter Research press releases can be found online at www.internet.com/corporate/press.html.
All current Jupitermedia Corporation press releases can be found on the World Wide Web at http://www.internet.com/corporate/press.html.
