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(New York, NY - May 2, 2002) - INT Media Research, a division of INT Media Group, Incorporated (Nasdaq: INTM) today announced the release of its latest report. "First Quarter 2002 Venture Capital Report: A Chronicle of Investment Trends" is an in-depth report providing a detailed compendium of venture capital deals made during the first quarter of 2002 compiled by INT Media Research Analyst and Editor Corey Ostman.

"First Quarter 2002 Venture Capital Report: A Chronicle of Investment Trends" includes summary charts highlighting the volume of venture capital investments made each month as well as the money invested in 14 key sectors including: Biotech, Broadband, Consulting, E-Commerce, Internet Services, Nanotechnology, Networking, Optical, Retail, Security, Semiconductor, Software, Telecommunications and Wireless. The report finds that although the number of deals appears to be slowing slightly, venture capitalists appear to be investing larger amounts in fewer companies in 2002. The 140-page report profiles over 180 investments made in more than one hundred companies that received $2.5 billion from investors over the first three months of 2002. The report also reveals (deal-by-deal) the companies that received venture capital funds, details of the nature of the funding, how much was invested and company contact information. The deals are indexed by company (alphabetically), by industry and by geographic region for quick reference and analysis.

For more information and to order a copy of "First Quarter 2002 Venture Capital Report: A Chronicle of Investment Trends" please visit or contact [email protected] or call (203) 662-2804.

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 and Network of over 150 Web sites and 200 e-mail newsletters that generate over 225 million page views monthly. INT Media Events include nearly 40 offline conferences and trade shows on Internet and IT-specific topics that are aligned with our Network of Web sites and e-mail newsletters. In addition, INT Media Research 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 INT Media Group 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.


For INT Media Group Information:
Mary Ann Boland
Marketing and Public Relations Associate
[email protected]

All current INT Media Group, Inc. press releases can be found on the World Wide Web at

INT Media Group, Inc., 23 Old Kings Highway South, Darien, CT 06820; (203)662-2800; fax: (203) 655-4686; [email protected]