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INTERNET.COM ACQUIRES PDASTREET.COM AND THINKMOBILE.COM TO ANCHOR LAUNCH OF WIRELESS INTERNET CHANNEL
(New York, NY-May 10, 2000)--internet.com (Nasdaq: INTM), the Internet Industry Portal, today announced it has acquired the PDAStreet.com (http://www.pdastreet.com) network of Web sites and Thinkmobile.com (http://www.thinkmobile.com), the Mobile Computing Portal. These Web sites provide comprehensive coverage of the Wireless Internet marketplace serving the mobile community of PDA (Personal Digital Assistant) and mobile phone users and will become the backbone internet.com's soon to be launched Wireless Internet Channel. Terms of the acquisitions were not disclosed.
"As part of our ongoing content growth and expansion in critical vertical markets within the Internet industry, we've had our eye on the Wireless Internet sector for some time and were waiting for the right fit", said Alan M. Meckler. "These properties are the ideal examples of what we look for and reflect our 'Buy Versus Build' growth strategy, because both are established, professionally run properties with robust traffic and content. When combined with our internally created AllNetDevices.com (http://www.allnetdevices.com), they make internet.com a force in Wireless Internet informations."
About PDAStreet.com:
PDAStreet.com, The PDA Network, provides targeted mobile computing coverage for users of specific types of PDAs including: Windows CEcity (http://www.wincecity.com) covering the Windows CE market, PalmBoulevard (http://www.palmblvd.com) for Palm Pilot users, PsionPlace (http://www.psionplace.com) for Psion users, and VisorVillage (http://www.visorvillage.com) for Visor users. Within each of these respective sites users will find news, reviews, downloads, special offers and message boards related to their preferred PDA.
About Thinkmobile.com:
Thinkmobile.com, founded by Addictive Technologies (http://www.addictivetech.com) is a premier news and information portal for the mobile communications community. Content found on Thinkmobile.com includes: daily news and information about mobile computing and wireless communications, editorials, specifications and reviews of mobile products and services. Also available is the Thinkmobile 50 Trade IndexTM, as well as knowledge base support for mobile devices and services and discussion groups moderated by Thinkmobile correspondents.
About internet.com:
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 116 Web sites, 161 e-mail newsletters, 117 online discussion forums and 78 moderated e-mail discussion lists with over 2.2 million unique visitors that generate more than 130 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, Belguim, Canada, China, Espanol, France, Germany, India, Israel, Japan, The Netherlands, South Africa, Spain, Taiwan 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.
"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:
Steve Rubel
Schwartz Public Relations
(212) 677-8700 x23
[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)