INT MEDIA GROUP LAUNCHES VCBUZZ.COM AS A FREE ALTERNATIVE TO VENTUREWIRE(New York, NY - October 8, 2001) - INT Media Group, Incorporated (Nasdaq: INTM) today announced the launch of an enhanced VC Buzz (www.vcbuzz.com) focused on venture capital investments.
Published daily and free, VC Buzz alerts users to all the venture capital deals by industry, investor, size and region. VC Buzz delivers breaking news on venture funds and venture backed firms, while providing a comprehensive database and search capability dating back to 1999.
"We are excited to be able to offer VC Buzz to users free of charge," stated Alan M. Meckler, Chairman and CEO of INT Media Group. "Other services such as VentureWire charge substantial yearly fees, while we recognize the value of providing this service at no cost to the investment community and look forward to its continued success."
For more information and to sign up for the free e-mail newsletter, please visit www.vcbuzz.com. Interested advertisers should contact Bob Nathanson, Publisher, Eastern Region, at [email protected] or (212) 547-7905. For commerce and licensing opportunities, contact David Arganbright, Vice President, Commerce and Licensing, at [email protected] or (203) 662-2858.
About INT Media Group
INT Media Group (Nasdaq: INTM), headquartered in Darien, CT, is a leading provider of global real-time news, information and media resources for Internet industry and information technology professionals, Web developers and experienced Internet users. INT Media Group includes the internet.com and EarthWeb Network of 160 Web sites and 225 e-mail newsletters that generate 250 million page views monthly. INT Media Group events include nearly 40 offline internet.com and Intermedia Group seminars on Internet and IT-specific topics that are aligned with our Network of Web sites and e-mail newsletters. In addition, INT Media Group recently launched its CyberAtlas Research Division that publishes research reports analyzing the Internet and information technologies sectors worldwide.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release which are not historical facts are "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The potential risks and uncertainties address a variety of subjects including, for example, the competitive environment in which internet.com competes; the unpredictability of INT Media Group's future revenues (including those resulting from online advertising on INT Media Group's Network of Web sites and related Internet media properties), expenses, cash flows and stock price; INT Media Group's investments in international and venture fund investments; any material change in INT Media Group's intellectual property rights and continued growth and acceptance of the Internet and information technology. For a more detailed discussion of such risks and uncertainties, refer to INT Media Group'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 INT Media Group assumes no obligation to update the forward-looking statements after the date hereof.
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