2006 Press
JUPITERMEDIA'S JUPITERIMAGES DIVISION ANNOUNCES ACQUISITION OF ROYALTYFREEMUSIC.COM
(New York, NY - August 7, 2006) - Jupitermedia Corporation (Nasdaq: JUPM) today announced that its Jupiterimages division has acquired the assets of RoyaltyFreeMusic.com (www.royaltyfreemusic.com) including its wholly-owned music library. RoyaltyFreeMusic.com's library includes over 1,100 wholly-owned tracks of high quality royalty free themes, underscores, voiceovers, beats, loops and bumpers. Terms of the acquisition were not disclosed. This announcement follows Jupitermedia's prior music-related acquisitions of the Steve Shapiro Music Library in April, 2006, Crank City Music (www.crankcity.com) in March, 2006 and BBM.net (www.bbm.net) in December, 2005."Royalty free music has become an increasingly important and significant tool for those involved in virtually every aspect of Internet, film or media-related production and advertising. We are excited to add such a high quality collection to our growing online music business," stated Alan M. Meckler, Chairman and CEO of Jupitermedia. "From an e-commerce and search engine perspective, www.royaltyfreemusic.com will be valuable to Jupitermedia in expanding our online presence and revenues related to music," 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 digital content 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, Workbook Stock, Brand X, FoodPix, Botanica, Nonstock, The Beauty Archive, 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, AnimationFactory.com and RoyaltyFreeMusic.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.
CONTACT:
CONTACT:
Michael DeMilt
VP of Marketing
212-547-7938
[email protected]
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