INTERNET.COM FURTHER EXPANDS ITS INTERNET INVESTING RESOURCES WITH ACQUISITION OF ALERT-IPO.COM
(New York, NY-March 21, 2000)-- internet.com (http://www.internet.com, Nasdaq: INTM),the Internet Industry's Portal, today announced the acquisition of Alert-IPO.com (http://www.alert-ipo.com). The Web site and e-mail newsletters will be added to internet.com's Internet Stocks/VC channel. Terms of the deal were not disclosed.
The Alert-IPO! Web site offers a rich assortment of free online services including IPO News, homepage personalization, company filing updates, pricing and performance history for all recent and near term IPOs. Alert-IPO.com's searchable database includes over 3,500 IPO filings and 1,500 underwriters and is the most comprehensive on the Web. A paid subscription-based service is also available which includes daily detailed report summaries on each company that are e-mailed within 2-4 hours of their filing and a news feed summarizing the day's events plus the expected pricings and upcoming lockup expirations. A weekly summary e-mail report that details companies that have filed during the past week with the Securities and Exchange Commission (SEC) is also part of the paid subscription package.
"The Internet has leveled the playing field for investors by making resources and data accessible that only had been available to professionals. internet.com has taken a lead position in serving the informational needs of today's Internet and technology investor by providing the comprehensive content and resources they need to make educated investment decisions", said internet.com chairman and CEO Alan M. Meckler. "The acquisition of Alert-IPO.com nicely complements our existing Internet investing-related Web sites and firmly proves our commitment to deliver the best Internet investment information on the Web in one convenient portal."
internet.com's Internet Stocks/VC Channel is a leading online source of information about Internet stocks, finance and venture capital. The growing channel features more than a dozen Internet investing/VC Web sites and delivers breaking news and developments in real time. Included in the lineup is the internetstockreport.com (http://www.internetstockreport.com), the ISDEX (http://www.isdex.com) Internet Stock Index, internetvcwatch.com (http://www.internetvcwatch.com) and WallStreetResearchNet (http://www.wsrn.com), as well as e-mail newsletters and online discussion forums dedicated to the Internet investing marketplace.
internet.com Corporation (Nasdaq: INTM; http://www.internet.com) based in New York, NY, 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 103 Web sites, 124 e-mail newsletters, 101 online discussion forums and 75 moderated e-mail discussion lists with over 2.2 million unique visitors that generate more than 120 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 180 million per month. internet.com's global presence includes editions in Arabia, Asia, Australia, Canada, China, France, Germany, India, 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.
"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 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.
For more information contact:
All current internet.com Corp. press releases can be found on the World Wide Web at (http://www.internet.com/corporate/press.html).