JUPITERMEDIA ANNOUNCES INVESTMENT IN ISPCON TRADE SHOWS(New York, NY - February 25, 2003) - Jupitermedia Corporation (Nasdaq: JUPM) today announced that it has purchased a 49.9% interest in the trade show ISPCON from The Golden Group, Inc. of Golden, Colorado. ISPCON, now in its 10th year, is the largest conference and expo serving the Service Provider industry, which includes both wired and wireless Internet Service Providers, Web hosts, competitive carriers and data communications firms. The Golden Group, Inc. will continue to manage the operations of ISPCON. Jupitermedia will provide marketing, sales and other event support. The financial terms of the deal were not disclosed.
"We have the largest readership of Service Provider content with our numerous subject related Web sites, e-mail newsletters and ISP-Discussion Lists, so having a trade show and conference in this field was a natural business strategy for us to follow," stated Alan M. Meckler, Chairman and CEO of Jupitermedia. "This combination of a great trade show brand with great content is part of a continuing strategy for growth at Jupitermedia. We will help produce these shows twice per year in the United States as well as in Europe and in the Asia Pacific region," stated Meckler.
"Through the years, this community has thrived on constant, radical change by creating business opportunities from pioneering Internet communications services," stated Jon Price, President of The Golden Group. "With the recent FCC rulings, it has become more important than ever for Service Providers to work together and innovate their way out of these challenging times. This exciting relationship unifies the two key enablers of this collaborative dialogue between ISPs, both online and in person."
The 10th annual ISPCON trade show takes place April 23-25, 2003 at the Baltimore Marriott Waterfront in Baltimore, Maryland. For more information or to register today visit www.ispcon.com. For sponsorship and exhibition information contact Carol Smith at 303-482-3049 ([email protected]) or Tim Walsh at 203-662-2838 ([email protected]).
About Jupitermedia Corporation
"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 Jupitermedia Corporation competes; the unpredictability of Jupitermedia Corporation's future revenues, expenses, cash flows and stock price; Jupitermedia Corporation's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia Corporation's international and venture fund investments; any material change in Jupitermedia Corporation's intellectual property rights and continued growth and acceptance of information technology and the Internet. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia Corporation'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 Jupitermedia Corporation assumes no obligation to update the forward-looking statements after the date hereof.
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