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INTERNET.COM ACQUIRES LINUXTODAY.COM, STRENGTHENING POSITION IN THE OPEN SOURCE COMMUNITY
(WESTPORT, CT - October 19, 1999) - internet.com (Nasdaq:INTM) today announced the acquisition of LinuxToday.com, one of the largest Web sites serving the Linux and Open Source communities. LinuxToday.com generates over 5 million page views and is visited by nearly 400,000 unique users per month. Terms were not disclosed."By combining LinuxToday.com with our LinuxPlanet.com site, internet.com now holds a leading position in the Open Source market," stated Alan M. Meckler, chairman and CEO of internet.com Corporation. "The Internet has accelerated the growth of the Open Source movement and internet.com is at the forefront, providing the resources needed for the continued expansion of this development. Our goal is to maintain and enhance our position as a leading destination for content, community and commerce for the Linux and the Open Source movement. At the same time, we continue to serve the needs of other platforms and the Internet industry as a whole."
Last week, internet.com completed the acquisition of SolarisGuide.com, a site for administrators of Sun Solaris systems. Sun (Nasdaq: SUNW) recently announced that Solaris would follow the trend toward Open Source. Other companies selling products and services related to Linux include RedHat (Nasdaq: RHAT), Caldera, VA Research and LinuxOne.
internet.com Corporation, based in Westport, Connecticut, is a leading provider of global real-time news and information resources for Internet industry and Internet technology professionals, Web developers and experienced Internet users. internet.com operates a network of 77 Web sites, 65 E-mail newsletters, 99 online discussion forums and 71 moderated E-mail discussion lists with over 1.8 million unique visitors that generate more than 75 million page views monthly. Total "views", which include Web site page views, e-mail newsletter views and e-mail discussion list views, are now well over 150 million per month. internet.com's global presence includes editions in Canada, China, the United Kingdom, Arabia, Australia, Asia, France, Japan and Israel. In addition, internet.com with its related internet.com Venture Fund I has become a significant investor in a growing number of business-to-business content sites and related Internet media properties.
Interested advertisers should contact Susan Leiterstein, Vice President and Publisher of internet.com, at [email protected] or (203) 341-2962. For e-commerce and licensing opportunities, contact David Arganbright, Vice President, Commerce and Licensing, at [email protected] or (203) 341-2858.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding internet.com Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Prospectus dated June 25, 1999, Annual Report or Form 10-K for the most recently ended fiscal year.
For more information contact:
Michael DeMilt
(203) 341-2989
[email protected]
Nicole Catalano
(203) 341-2870
[email protected]
All current internet.com Corp. press releases can be found on the World Wide Web at http://www.internet.com/corporate/press.html.