INTERNET.COM EXPANDS INTERNATIONAL PRESENCE WITH LAUNCH OF NEWZEALAND.INTERNET.COM AND A JOINT VENTURE IN TURKEY(NEW YORK, NY-June 27, 2000)-As part of its ongoing international expansion, internet.com (Nasdaq: INTM), the Internet Industry Portal, today unveiled a new international business-to-business portal for the Internet industry-newzealand.internet.com (http://nz.internet.com) and announced a joint venture for a future launch in Turkey. These sites will be incorporated into internet.com's growing portfolio of global properties, which will consist of 18 international editions with the eventual launch of turkey.internet.com.
"internet.com is the number one information portal for the Internet industry throughout the world. We will continue to build the internet.com brand through internal development and alliances in international markets," said internet.com Chairman and CEO Alan M. Meckler. "New Zealand and Turkey further extend our reach following editions in Asia, Europe, Australia and many other countries around the globe."
In addition to local Internet industry reporting, nz.internet.com (http://nz.internet.com) will carry a full complement of international news, industry links, specialized directories for Internet and IT professionals, along with sections on finance, Web development, e-commerce and product releases. The Web site launch will be accompanied by several targeted e-mail newsletters.
The Internet industry in New Zealand has doubled in size over the past two years with an increasing number of businesses making a serious foray into e-commerce. According to the research group IDC, by the end of 2000 there will be more than 1.1 million Kiwis using the Internet. Earlier predictions of 1.9 million users by the year 2003 are now considered conservative.
internet.com has appointed Keith Newman as managing editor of its New Zealand portal. Newman, a journalist with 30 years of experience including 13 years of writing for mainstream media companies on information technology, says "the arrival of the new Internet Industry Portal is a vote of confidence that the world is watching what goes on here. I am proud to be creating and managing the content for this site."
internet.com also announced that it has entered into a joint venture with Intervizyon, Inc. of Istanbul, Turkey. The two companies will combine efforts for a future launch of turkey.internet.com which will be offered in the Turkish language. According to the research group Lazard Brothers, the Internet industry in Turkey has grown from 1.5 million users in 1999 to 4.5 million so far in the year 2000. Intervizyon, Inc. currently operates the Intervizyon.com (http://www.intervizyon.com/english/) network of Web sites as a portal site in Turkey. The expected launch date for turkey.internet.com is August 1, 2000.
internet.com Corporation (http://www.internet.com), the Internet Industry Portal, is located in Darien, CT. It 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 126 Web sites, 173 e-mail newsletters, 117 online discussion forums and 78 moderated e-mail discussion lists with over 2.4 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 185 million per month. internet.com's global presence includes editions in Arabia, Asia, Australia, Belgium, Canada, China, Español, France, Germany, India, Israel, Japan, The Netherlands, New Zealand, South Africa, Taiwan, and the United Kingdom.
Interested advertisers should contact Susan Leiterstein, Vice President and Publisher of internet.com, 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. For international information, contact Mitchell Eisenberg, Vice President, International Business and General Counsel, at [email protected] or 203-662-2800.
"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:
Mary Ann Boland
All current internet.com Corp. press releases can be found on the World Wide Web at (http://www.internet.com/corporate/press.html)