INTERNET.COM ANNOUNCES THE LAUNCH OF ITS CYBERATLAS RESEARCH DIVISION(New York, NY- May 7, 2001)-- internet.com Corporation (Nasdaq: INTM), today announced that it has created a new division that will publish research reports analyzing the Internet and information technologies sectors worldwide. The CyberAtlas Research Division shares it name with the well established, Internet research and information-related CyberAtlas.com Web site and e-mail newsletter (40,000 subscribers) of the same name.
The new division leverages CyberAtlas.com's brand equity and is being headed by Pat Fusco who is presently serving as Managing Editor at internet.com's ISP-Planet.com. The studies are delivered electronically via PDF files and there are currently three reports available covering the ISP, Wireless and Linux markets, with a fourth covering the U.S. Backbone Provider market to be released shortly at http://research.cyberatlas.com.
"Publishing research analysis and data is a natural business extension for internet.com" stated Alan M. Meckler, Chairman and CEO of internet.com Corporation. "One might say that this is the third leg to the stool in terms of our businesses in that we have our online publishing brands featuring internet.com and EarthWeb, we have our growing seminar business with over 20 offline events that have run or are scheduled this year and now we have the research division. All three areas (online publishing, offline seminars and research) sell each other since they are all focused on the Internet and IT arenas and none require marketing efforts beyond our ability to promote through the internet.com network that reaches nearly 5.0 million unique users every month."
Meckler went on to state "that we recently announced that pending stockholder approval, internet.com is changing its corporate name to INT Media Group, Incorporated. INT Media Group better reflects the nature of our evolving media operations as we offer both online and offline business information."
internet.com will be releasing its quarterly earnings for the first quarter tomorrow, May 8th. A conference call is scheduled for 11:00 EDT. The conference call number is (877) 807-9258 for domestic participants and (706) 634-2391 for international participants; password: internet.com first quarter. Please call five minutes in advance to ensure that you are connected prior to the presentation. Instant replay will be available for two weeks subsequent to the call. Replay call numbers are (800) 642-1687 for domestic participants and (706) 645-9291 for international participants; password: 788191.
"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, when available.
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All current INT Media Group, Inc. press releases can be found on the World Wide Web at http://www.internet.com/corporate/press.html.