|
JUPITER RESEARCH REPORTS THAT SCEPTICISM OF BROADBAND REMAINS HIGH IN EUROPE - ISPs STILL HAVE PLENTY OF WORK TO DO IN PERSUADING INTERNET USERS TO UPGRADE TO BROADBAND(London, U.K. - November 6, 2002) - The latest findings from Jupiter Research, a division of Jupitermedia Corporation (Nasdaq: JUPM) (formerly INT Media Group, Inc.), show that scepticism of broadband remains high in Europe and that a "broadband revolution" lies in the distant future. The majority of existing Internet users state that they are either unlikely to upgrade to broadband or that they do not want it at all.The results of Jupiter Research's latest pan-European consumer survey reveal that broadband penetration rates within Europe vary dramatically, with narrowband access still dominating in all markets surveyed. The proportion of Internet users with broadband connections in the following countries are as follows: 7% U.K., 8% Germany, 8% Italy, 11% France, 17% Spain and 29% Sweden. Jupiter Research asked how likely existing narrowband Internet users would be to upgrade to a broadband connection. Notably, 25% of European Internet users said they would not get a broadband connection at all and 29% said they were unlikely to get one. This compares with 26% of respondents who said that they were likely to upgrade, 12% were neither likely nor unlikely and 8% that were unsure. These results highlight the difficult job that European ISPs will have in selling consumers the benefits of broadband Internet access. Dan Stevenson, Analyst at Jupiter Research says, "ISPs are right to be spending heavily promoting broadband as consumers are still sceptical as to the benefits it can bring. The majority of existing Internet users have stated that they are unlikely to upgrade to broadband. However, falling costs of access and increasing awareness of the benefits broadband brings will drive the market forward in the future." For more information, please contact Jupiter Research:
Dan Stevenson
About Jupitermedia Corporation "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. Jupiter Research's European Offices:
U.K.
FRANCE
SWEDEN 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.
|