2005 Press
JUPITERMEDIA'S JUPITERIMAGES DIVISION ANNOUNCES ACQUISITIONS OF BIGSHOT MEDIA AND BBM.NET
(New York, NY - December 6, 2005) - Jupitermedia Corporation (Nasdaq: JUPM) today announced that its JupiterImages division has acquired the assets of Bigshot Media (www.bigshotmedia.com) and BBM.net (www.BBM.net) in separate transactions. Bigshot Media is the world's first and largest collection of stock flash footage. BBM.net offers royalty-free flash music loops online. Terms of these acquisitions were not disclosed."Bigshot Media's leadership position in providing stock flash footage further expands JupiterImages' range of image offerings and makes JupiterImages the number one company in the rapidly growing field of flash imagery for Web sites. Bigshot's online sales operations complement our existing flash and stock footage operations, including FlashKit.com (www.flashkit.com), the leading site for flash developers. BBM.net's royalty-free music loops in flash and other formats adds yet another dimension to our image and media offerings," stated Alan M. Meckler, Chairman and CEO of Jupitermedia Corporation. "We anticipate significant sales and business synergies between Bigshot Media, BBM.net and our JupiterImages division as well as our other Jupitermedia properties," added Meckler.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), (www.jupitermedia.com)
headquartered in Darien, CT, is a leading global provider of original information, images and research for information technology, business and creative professionals. Jupitermedia includes JupiterImages, one of the leading images companies in the world with over 7.0 million images online serving creative professionals with brands like BananaStock, Brand X, FoodPix, Botanica, Nonstock, Comstock Images, Creatas Images, PictureQuest, Liquid Library, Thinkstock Images, Thinkstock Footage, Goodshoot, ITStockFree, Photos.com, Ablestock.com, PhotoObjects.net, Clipart.com and Animations.com; and JupiterWeb, the online media division of Jupitermedia which operates four distinct online networks: internet.com and EarthWeb.com for IT and business professionals; DevX.com for developers; and Graphics.com for creative professionals. JupiterWeb properties include more than 150 Web sites and over 150 e-mail newsletters that are viewed by nearly 20 million users and generate over 300 million page views monthly. Jupitermedia also includes: JupiterResearch, a leading international research advisory organization specializing in business and technology market research in 18 business areas and 14 vertical markets.
"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 competes; the unpredictability of Jupitermedia's future revenues, expenses, cash flows and stock price; Jupitermedia's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia's ability to protect its intellectual property; and Jupitermedia's dependence on a limited number of advertisers. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia's reports filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and Jupitermedia assumes no obligation to update the forward-looking statements after the date hereof.
CONTACT:
Lisa DiGiacomo
Marketing and Public Relations Associate
212-547-7938
[email protected]
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