INTERNET.COM ACQUIRES ASPISLAND.COM AND THINPLANET.COM, ADDING TO ITS LEAD AS THE LARGEST ONLINE RESOURCE FOR APPLICATION SERVICE PROVIDER (ASP) PROFESSIONALS
(New York, NY-February 9, 2000)--internet.com (Nasdaq: INTM), the E-Business and Internet Technology Network, today announced that it has acquired ASPIsland.com (http://www.aspisland.com) and ThinPlanet.com (http://www.thinplanet.com). ASPIsland.com provides news and information resources for professionals in the rapidly-growing Application Service Provider segment of the Internet Industry. ThinPlanet.com provides similar content to computing professionals developing and maintaining "thin" computing applications. Terms of the acquisitions were not disclosed
"Our acquisition of ASPIsland.com, combined with our recent acquisition of ASPNews.com, makes internet.com the leading content hub for the emerging ASP community, covering everything in and about the Application Service Provider market," said internet.com chairman and CEO Alan M. Meckler. "This is another significant marketplace for our e-commerce partners and advertisers."
"This is great news for our community members as well as companies like Citrix Systems, IBM, GraphOn, SCO and more than 200 other companies that have joined our partner program. Our relationship with internet.com will allow us to reach a larger audience with expanded editorial content, and to achieve our ultimate goal of accelerating the broad acceptance of thin client and ASP solutions," said Mike Mathewson, managing editor and founder of both sites.
ASPIsland.com and ThinPlanet.com reach a highly targeted audience of manufacturers, integrators, application developers, ASPs, ISVs, ASP resellers and other professionals within this industry who are key decision makers. Both sites offer access to a full line of e-mail newsletters, discussion forums, and job resources.
Application Service Providers (ASPs) are third-party entities that manage and distribute software-based services and solutions to customers across a wide area network from a central data center. In essence, ASPs are a way for companies to outsource some or almost all aspects of their information technology needs. According to a recent Dataquest report, the ASP market is expected to grow to $22 billion by 2003. The market includes many recent startups, including NaviSite (Nasdaq: NAVI), Verio (Nasdaq:VRIO), Citrix (Nasdaq: CTXS), FutureLink (Nasdaq: FTRL), US Internetworking (Nasdaq: USIX) as well as established technology companies such as IBM (NYSE: IBM).
The Thin Client market allows information technology (IT) managers to reduce computing costs by using lower-cost client computers to access high-powered centralized servers. Thin clients are used both inside offices, connected to office networks, and are increasingly being used on the Internet to access applications offered by ASP's. Wyse Technology, IBM, Netier Technologies, Network Computing Devices-NCD (Nasdaq: NCDI), Boca Research, Microsoft (Nasdaq: MSFT) and Sun Microsystems Inc. (Nasdaq: SUNW) all have a presence in this field. ThinPlanet.com has formed partnerships with Wyse and IBM.
internet.com Corporation (http://www.internet.com), based in New York, New York, 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 97 Web sites, 75 e-mail newsletters, 101 online discussion forums and 75 moderated e-mail discussion lists with over 2 million unique visitors that generate more than 90 million page views monthly. Total views, which include Web site page views, e-mail newsletter views and e-mail discussion list views, are now over 150 million per month. internet.com's global presence includes editions in Arabia, Asia, Australia, Canada, China, France, Germany, Israel, Japan, South Africa and the United Kingdom. In addition, internet.com with its related internet.com Venture Fund I and Venture Fund II is an investor in a growing number of business-to-business content sites and related Internet media properties.
Interested advertisers should contact the Ad Sales department at [email protected] or (203) 662-2962. For e-commerce and licensing opportunities, contact David Arganbright, Vice President, Commerce and Licensing, at [email protected] or (203) 662-2858.
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"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 statementsthat 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 internet.com'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 internet.com assumes no obligation to update the forward looking statements after the date hereof.