JUPITER RESEARCH REPORTS THAT SPAIN HAS THE HIGHEST PERCENTAGE OF INTERNET HOUSEHOLDS WITH BROADBAND IN EUROPE

Jupiter Research forecasts that Spain's 1.0 million broadband households at the end of 2002 will quadruple to 4.0 million by 2008, representing 67% percent of Internet households, the highest rate in Western Europe. Broadband households will outnumber dial-up households by 2004. By contrast, just 8% of Internet households in Italy had a broadband connection, even though basic monthly fees are lower than Spain.

The results of home broadband price analysis for Spain carried out by Jupiter Research show that the average cost for 0.5 megabit per second broadband speed service is one of the highest in Europe: €73 compared to just €36 in Italy. The pay-per-minute pricing model has hindered broadband uptake in Italy compared to Spain, as it is not conducive to file sharing activity, which is a key driver of broadband uptake. Spanish consumers have also benefited from strong competition between broadband Internet Service Providers (ISPs) resulting in Spain being one of the first markets to offer activation, modem and set-up packages for no fee, making adoption easier and more convenient, further stimulating broadband growth.

"Spain's broadband market is unusual in that such high rates of broadband adoption have occurred while Internet adoption as a whole is relatively low, compared to the northern European markets," said Lourdes Salcedo, Research Associate at Jupiter Research. "Competitive pricing and a wide range of subscriber packages have been crucial to strong consumer adoption and will remain central to the continued strong growth of broadband adoption in Spain," added Salcedo.

The complete findings of this report are immediately available to Jupiter Research clients online.

For more information, please contact Jupiter Research:
Lourdes Salcedo
Tel: +44 207 665 9575
e-mail: [email protected]

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, Internet industry and graphics professionals. Jupitermedia includes the internet.com, EarthWeb.com and ArtToday.com Networks which include over 165 Web sites and 175 e-mail newsletters that generate nearly 230 million page views monthly. Jupitermedia also includes Jupiter Research, a leading international research advisory organization specializing in business and technology market research in 18 business areas and 11 vertical markets. In addition, Jupiter Events produces offline conferences and trade shows focused on IT and business-specific topics, including Computer Digital Expo, America's 21st Enterprise IT Conference & Expo (www.cdxpo.com).

"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 international and venture fund investments; any material change in Jupitermedia Corporation's intellectual property rights and continued growth and acceptance of information technology and the Internet. 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.
131-151 Great Titchfield Street
London W1W 5BB
Tel: +44 (0) 207 665 9570
Fax: +44 (0) 207 665 9579

France
4 place de la Defense
92974 Paris la Defense Cedex
Tel: +33 1 5858 0032
Fax: +33 1 4828 2136

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.