INTERNET.COM REPORTS CASH EARNINGS AND RECORD REVENUES FOR THE QUARTER ENDED DECEMBER 31, 2000, WITH REVENUES MORE THAN DOUBLING FROM PRIOR YEAR

For the year ended December 31, 2000, revenues were $52.1 million, a 224% increase over revenues of $16.1 million for the comparable period in 1999. Net income for the year ended December 31, 2000, excluding amortization of intangibles and losses on venture investments, was $3.3 million, or $0.13 per share, compared to a net loss of $4.2 million, or $0.21 per share, for the same period in the prior year. Including amortization of intangibles and losses on venture investments, net loss for the year ended December 31, 2000 was $23.0 million, or $0.92 per share.

"It was an outstanding year for internet.com," stated internet.com Chairman and CEO Alan M. Meckler. "Through organic growth and strategic acquisitions, including EarthWeb and ClickZ, internet.com has built a dominant, global online trade publishing operation for Internet and IT professionals. Over 4.0 million unique users worldwide now depend on our content, community, and commerce services for news and information resources to assist them in their professional work and purchasing decisions. Our diversified revenue streams--advertising, e-commerce, opt-in e-mail list rentals, seminars, paid subscriptions, press release services, licensing and venture capital--have all contributed to our rapid revenue growth. It is important to note that we have achieved this growth in an efficient and fiscally responsible manner, as we recorded cash net income of $3.3 million for the year. Our treasury, with approximately $60 million in cash as of December 31, 2000, coupled with our cash flow positive operating model, leaves us well positioned to further capitalize on market opportunities, to continue our growth and to maximize shareholder value," added Meckler.

Acquisitions
internet.com continued to pursue strategic acquisitions to strengthen its content offerings and services. On December 26, 2000, internet.com announced an asset purchase agreement to acquire 14 Web sites and 18 e-mail newsletters from EarthWeb Inc. (Nasdaq: EWBX). The EarthWeb Web site, www.EarthWeb.com was included in the acquisition. All of these properties are focused on content for the Information Technology (IT) and Internet industries. Through its network of IT-related Web sites and e-mail newsletters, EarthWeb provides a comprehensive set of solutions to a broad range of IT and Internet professionals including all job titles from CTOs to programmers.

In addition to EarthWeb.com, the Web sites acquired by internet.com include: Developer.com (http://www.developer.com), Datamation (http://www.datamation.com), CrossNodes (http://www.crossnodes.com), SysOpt.com (http://www.sysopt.com), ERP Hub (http://www.erphub.com), Open Source IT (http://www.opensourceit.com), Javascripts.com (http://www.javascripts.com), JARS.com (http://www.jars.com), HTML Goodies (http://www.htmlgoodies.com), Gamelan (http://www.gamelan.com), CodeGuru.com (http://www.codeguru.com), Intranet Journal (http://www.intranetjournal.com), CIN (http://www.cin.earthweb.com/) and EarthWeb Direct (http://www.earthwebdirect.com).

In addition, during the fourth quarter internet.com acquired ASP101.com (a site which provides coverage of all aspects of Microsoft Active Server Pages ("ASP") technology); DBASupport.com (a premier online community for Oracle Database professionals); 4guysfromrolla.com (a site for Microsoft Active Server Pages developers that provides users with the latest headlines and articles and other ASP resources); PracticallyNetworked.com, (a leading site for information for small network builders); WinDrivers.com (a provider of Windows-based drivers and hardware information); XML101.com (a site to help users discover Extensible Markup Language ("XML") and learn how this Internet technology can solve real-world problems in information management and e-commerce) and NewMedia.com (a site focused on e-commerce and technology news and analysis).

New Content Areas and Services
During the fourth quarter, internet.com continued to expand and strengthen its world-class proprietary content offerings and services with the launch of the following internally developed sites:

• ASP.thelist.com (The Definitive ASP Buyer's Guide)
• ASP-Lists.com (The ASP E-mail Discussion List Community)
• BSDCentral.com (the source for BSD hardware, software and gear on the Internet)
• ConsoleWire.com (the online resource for next-generation, Internet-enabled consoles and the technology that drives them)
• InternetCareerResources.com (for the Internet job seeker or established dotcommer who wants information on how to find, apply for, get and succeed at a dotcom job)
• InternetPRGuide.com (offers public relations tips and strategy for Internet professionals on PR topics such as press release writing, distribution and trade shows)
• MCommerceTimes.com (provides real-time news and information about mobile commerce and the wireless industry)
• MutualFundsCentral.com (provides timely intelligence for mutual fund investors)
• WebDesign.theList.com (the definitive buyer's guide to Web design, allowing users to find a Web designer with the skills they need for just about any job)

E-Commerce Agreements, Licensing and Alliances
internet.com continued to expand its e-commerce relationships, adding new agreements with many of the Internet's well-known brands. Additional partners added during the fourth quarter included: Business eTouch, CareerEngine Solutions, GoTo, Inc., Micro Warehouse, Inc. and The PDA Group. internet.com works with its commerce partners to increase their traffic, generate additional revenue and support their brands.

In January 2001, internet.com announced an alliance with Dice.com, part of EarthWeb Inc., for the creation of a new vertical content channel, the Career Channel, which will be launched later in February 2001. The cash compensation to be paid by Dice.com to internet.com over the 18-month term of this alliance was not disclosed.

International Expansion
We continued to expand our strong global presence with the development of English and non-English language Internet media properties. During the quarter, internet.com further expanded its international reach by launching editions in Hong Kong, Italy, Korea, Singapore and Turkey.

internet.com's global network of Web Sites now consists of 20 international properties for Arabia, Asia, Australia, Canada, China, Espa�ol, France, Germany, Hong Kong, India, Israel, Italy, Japan, Korea, New Zealand, Singapore, South Africa, Taiwan, Turkey and the United Kingdom. Each international property delivers Internet industry content and coverage in the primary local language by "on the ground" local journalists in their respective regions, as well as relevant content from the North American edition. Each property follows internet.com's vertical channel approach, with content-specific channels covering the entire Internet industry.

Seminars and Internet Breakfast Forums
internet.com runs paid seminars on Internet-specific topics that are aligned with the content on our Web sites. internet.com offered four paid seminars in the fourth quarter, each focusing on a different issue pertaining to the Internet industry; seminar topics included Search Engines, Business-to-Consumer E-mail Strategies, Building Dynamic Web Sites and the transition from being an ISP to becoming an ASP.

In addition to paid seminar events, internet.com also runs numerous free InternetBreakfastForums dealing with Internet industry and venture capital topics in each of the cities in which it has news bureaus in the United States, as well as overseas where internet.com has international editions. Each of these InternetBreakfastForums are held monthly. Revenues are generated from sponsorships and tabletop exhibitions.

Venture Fund Investments
internet.com Corporation is the portfolio manager of internet.com Venture Fund I LLC (April '99), internet.com Venture Fund II LLC (November '99) and internet.com Venture Partners III (June '00). These funds were formed to invest in early-stage online content providers serving targeted business-to-business markets that follow the strategy of, but are not competitive with, internet.com. internet.com is an investor in all three funds. internet.com continues to hold the added benefit of being a public company operating in the Internet space that also extends value to its stockholders by having an Internet venture capital arm.

Significant internet.com Metrics

• December 2000 page views were over 200 million
• December 2000 total views were 275 million (includes Web site page views, e-mail newsletter views and e-mail discussion list views)
• There were over 5.0 million e-mail newsletter subscribers as of December 31, 2000
• There were 4.9 million total opt-in e-mail list rental subscribers as of December 31, 2000
• There were over 500,000 unique opt-in e-mail list rental subscribers as of December 31, 2000
• December 2000 unique users were over 3.2 million in the United States alone
• There were 235 new advertisers during the fourth quarter
• There were 450 employees as of December 31, 2000

About internet.com
internet.com Corporation (http://www.internet.com), the Internet Industry Portal, is headquartered 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 owns and operates a network of 165 Web sites, over 300 e-mail newsletters, over 400 online discussion forums and more than 100 moderated e-mail discussion lists that generate over 250 million page views monthly. Total "views," which include Web site page views, e-mail newsletter views and e-mail discussion list views, are over 300 million per month. According to NetRatings, internet.com has over 3.2 million unique users in the United States alone. Over 25% of internet.com's views are from outside of the U.S. internet.com's global presence includes editions for Arabia, Asia, Australia, Canada, China, Espanol, France, Germany, Hong Kong, India, Israel, Italy, Japan, Korea, New Zealand, Singapore, South Africa, Taiwan, Turkey and the United Kingdom.

internet.com Q 4 '00 Conference Call Alert
Alan M. Meckler, Chairman and CEO, Christopher S. Cardell, President and COO, and Christopher J. Baudouin, CFO, of internet.com, invite you to participate in a conference call reviewing 2000 fourth quarter and year end results on February 7, 2001 at 5:00 pm EST. The conference call number is 1-877-807-9258 for domestic participants and 1-706-634-2391 for international participants. 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; enter the conference ID number 499697.

"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 which 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 internet.com's future revenues (including those resulting from online advertising on internet.com's network of Web sites and related Internet media properties), expenses, cash flows and stock price; internet.com's investments in international and venture investments; any material change in internet.com's intellectual property rights and continued growth and acceptance of the Internet. For a more detailed discussion of such risks and uncertainties, refer to 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.

internet.com Corporation