2006 Press
JUPITERMEDIA'S JUPITERIMAGES DIVISION ANNOUNCES ACQUISITION FOR WORKBOOK STOCK IMAGE COLLECTION
(New York, NY - June 5, 2006) - Jupitermedia Corporation (Nasdaq: JUPM) today announced that its Jupiterimages division has acquired all of the shares of Workbook, Inc. (www.workbookstock.com) from Alexis Scott. Workbook Stock, a division of Workbook, Inc., is a leading resource for high-end rights-managed images. Workbook Stock is headquartered in Los Angeles, CA."With the addition of Workbook Stock and its high-end rights-managed images, Jupiterimages has strengthened and solidified its position in the rights managed marketplace," stated Alan M. Meckler, Chairman and CEO of Jupitermedia Corporation. "We anticipate significant marketing and business synergies between Workbook Stock and our previously purchased PictureArts collections," added Meckler.
Simultaneously, Alexis Scott purchased the Workbook print directories, Workbook.com, and all other assignment products from Workbook, Inc.
Terms of the transactions were not disclosed.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM) (www.jupitermedia.com),
headquartered in Darien, CT, is a leading global provider of original information and images 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, The Beauty Archive, Workbook Stock, IFA Bilderteam, Comstock Images, Creatas Images, PictureQuest, Liquid Library, Thinkstock Images, Thinkstock Footage, Bigshot Media, Goodshoot, ITStockFree, Stock Image, Pixland, Photos.com, Ablestock.com, PhotoObjects.net, Clipart.com, FlashFoundry.com and AnimationFactory.com. The online media division of Jupitermedia is JupiterWeb, 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 over 20 million users and generate over 350 million page views monthly.
"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.
For information on Jupitermedia Corporation contact:
Lisa DiGiacomo
Marketing and Public Relations Associate
212-547-7938
[email protected]
All current Jupitermedia Corporation press releases can be found on the World Wide Web at http://www.jupitermedia.com/corporate/press.html
